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Statement of Financial Position (USD $)
In Thousands, unless otherwise specified
Dec. 31, 2011
Jun. 30, 2011
Current assets:    
Cash and cash equivalents $ 6,512 $ 8,627
Accounts receivable, less allowance for doubtful accounts of $537 and $698 at December 31, 2011 and June 30, 2011, respectively 10,142 10,883
Inventories 10,214 9,547
Other current assets 514 416
Total current assets 27,382 29,473
Property and equipment, net 2,059 1,769
Goodwill 2,967 2,967
Other intangible assets, net 1,919 2,152
Other assets 815 774
Total assets 35,142 37,135
Current liabilities:    
Accounts payable 6,859 8,165
Accrued payroll and related expenses 1,723 2,214
Accrued warranty expenses 1,137 1,116
Deferred revenue 633 132
Line of credit 4,300 3,900
Accrued income tax, current 33 78
Accrued Restructuring 196 0
Other accrued liabilities 1,141 947
Total current liabilities 16,022 16,552
Long-term liabilities:    
Deferred income tax, long-term 1,550 1,364
Long-term obligations 555 397
Total liabilities 18,127 18,313
Stockholders’ equity:    
Preferred stock, $0.001 par value: 1,000 shares authorized, none issued and outstanding 0 0
Common stock, $0.001 par value: 19,000 shares authorized, 9,693 shares issued and 9,688 shares outstanding at December 31, 2011 and 9,750 shares issued and 9,745 shares outstanding at June 30, 2011 174,288 173,377
Treasury stock, at cost, 5 shares at December 31, 2011 and June 30, 2011 (42) (42)
Accumulated deficit (157,108) (155,281)
Accumulated other comprehensive income (loss) (123) 768
Total stockholders’ equity 17,015 18,822
Total liabilities and stockholders’ equity $ 35,142 $ 37,135