2. Balance Sheet Detail

Cash and cash equivalents — The Company considers all highly liquid investments purchased with an original maturity of three months or less to be cash equivalents. Restricted cash consists of a deposit account held to secure a leased facility.

Inventories — Inventories are stated at the lower of standard cost, which approximates actual cost on a first-in, first-out basis, or market. The components of inventory are as follows (in thousands):


	March 28, 2015		June 30, 2014
Raw materials	$	6,980	$	6,408
Work-in-process		341		1,614
Finished goods		2,600		2,274

Total inventory	$	9,921	$	10,296

Property and equipment — Property and equipment are recorded at cost. The components of property and equipment are summarized as follows (in thousands):


	March 28, 2015			June 30, 2014
Machinery and equipment	$	3,971		$	3,991
Computer equipment		5,438			5,456
Software development costs		2,688			2,688
Demonstration equipment		1,711			1,605
Office furniture and equipment		927			1,052

		14,735			14,792
Less accumulated depreciation		(13,857	)		(13,710	)

Net property and equipment	$	878		$	1,082

Other intangible assets — Other intangible assets subject to amortization were as follows (in thousands):


	March 28, 2015 (unaudited)										June 30, 2014
	Gross Assets		Accumulated Amortization			Impairment of Intangible Assets			Net Carrying Amount		Gross Assets		Accumulated Amortization			Impairment of Intangible Assets			Net Carrying Amount
Developed Technology/ Patents	$	1,930	$	(1,159	)	$	(158	)	$	613	$	1,930	$	(976	)	$	(158	)	$	796

A summary of future amortization as of March 28, 2015 is as follows (in thousands):


	2015		2016		2017		2018		Total
Developed Technology/Patents	$	62	$	245	$	245	$	61	$	613

Warranty — The estimated cost of product warranty is provided for at the time revenue is recognized. Changes in the Company’s warranty liability were as follows (in thousands):


	Nine Months Ended
	March 28, 2015			March 29, 2014
Balance at beginning of period	$	897		$	1,070
Provision for warranties issued		590			369
Warranty claims		(586	)		(452	)

Balance at end of period	$	901		$	987