INCOME TAXES (Tables)

12 Months Ended

Jun. 30, 2017

Income Tax Disclosure [Abstract]

Schedule of benefit (provision) for income taxes

($ in thousands)	2017		2016		2015
Current:
Federal	$	(2)	$	(7)	$	(58)
State		(31)		(38)		(6)
Total current		(33)		(45)		(64)
Deferred:
Federal		(14)		407		365
State		(40)		253		(590)
Total deferred		(54)		660		(225)
Total income tax (provision) benefit	$	(87)	$	615	$	(289)

Schedule of income tax benefit in the provision for income taxes

($ in thousands)	2017		2016		2015
Indicated  (provision) benefit at federal statutory rate of 34%	$	600	$	2,523	$	272
Effects of permanent differences
Warrants		(507)		(1,929)		(133)
Other		(137)		(111)		(82)
State income taxes, net of federal benefit		(59)		199		(410)
Income tax credits		60		70		40
Changes related to prior years		8		—		187
Changes in valuation allowances		(52)		(137)		(163)
	$	(87)	$	615	$	(289)

Schedule of deferred tax assets and liabilities

	June 30,
($ in thousands)	2017		2016
Deferred tax assets:
Net operating loss carryforwards	$	46,604	$	46,691
Asset reserves		2,063		1,713
Deferred research and development		1,634		1,356
Intangibles		244		539
Deferred gain on assets under sale-leaseback transaction		125		331
Stock-based compensation		607		377
Other		285		379
		51,562		51,386
Deferred tax liabilities:
Fixed assets		(706)		(528)
Deferred tax assets, net		50,856		50,858
Valuation allowance		(23,186)		(23,134)
Deferred tax assets, net of allowance	$	27,670	$	27,724