Consolidated Balance Sheets - USD ($) $ in Thousands	Jun. 30, 2020	Jun. 30, 2019
Current assets:
Cash and cash equivalents	$ 46,676	$ 11,395
Inventories	114,905	237,895
Prepaid expenses	6,353	5,388
Other current assets	7,210	1,822
Total Current Assets	175,144	256,500
Property and equipment, net	68,635	110,146
Operating lease right of-use assets	258,433
Deferred financing costs		994
Other assets	3,178	2,881
Total Assets	505,390	370,521
Current liabilities:
Debtor-in-possession financing	100
Accounts payable	5,514	91,251
Accrued liabilities	33,942	45,923
Operating lease liabilities	0	0
Total Current Liabilities	39,556	137,174
Operating lease liabilities — non-current	0	0
Borrowings under revolving credit facility		34,650
Deferred rent		23,551
Asset retirement obligation — non-current	1,213	3,002
Other liabilities — non-current	1,347	835
Total Liabilities not subject to compromise	42,116	199,212
Liabilities subject to compromise	456,339
Total Liabilities	498,455	199,212
Commitments and contingencies
Stockholders’ equity
Preferred stock, par value $0.01 per share, authorized 10,000,000 shares; none issued or outstanding
Common stock, par value $0.01 per share, authorized 100,000,000 shares; 49,124,313 shares issued and 47,340,652 shares outstanding at June 30, 2020 and 48,466,930 shares issued and 46,683,269 shares outstanding at June 30, 2019	455	465
Additional paid-in capital	244,021	241,456
Retained deficit	(230,729)	(63,800)
Less: 1,783,661 common shares in treasury, at cost, at June 30, 2020 and 1,783,661 common shares in treasury, at cost, at June 30, 2019	(6,812)	(6,812)
Total Stockholders’ Equity	6,935	171,309
Total Liabilities and Stockholders’ Equity	$ 505,390	$ 370,521