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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2019
Jun. 30, 2019
Current assets:    
Cash and cash equivalents $ 25,540 $ 27,464
Accounts receivable, less allowance of $4,972 and $4,866, respectively 18,728 21,906
Finance receivables, net 7,445 6,727
Inventory, net 9,469 11,273
Prepaid expenses and other current assets 1,808 1,558
Total current assets 62,990 68,928
Non-current assets:    
Finance receivables due after one year, net 12,379 12,642
Other assets 2,015 2,099
Property and equipment, net 9,122 9,590
Operating lease right-of-use assets 6,514  
Intangibles, net 25,387 26,171
Goodwill 63,945 63,945
Total non-current assets 119,362 114,447
Total assets 182,352 183,375
Current liabilities:    
Accounts payable 28,555 27,584
Accrued expenses 29,140 23,351
Capital lease obligations and current obligations under long-term debt 10,826 12,497
Income taxes payable 252 254
Deferred revenue 1,649 1,681
Total current liabilities 70,422 65,367
Long-term liabilities:    
Deferred income taxes 76 71
Capital lease obligations and long-term debt, less current portion 184 276
Operating lease liabilities, non-current 5,327  
Accrued expenses, less current portion 0 100
Total long-term liabilities 5,587 447
Total liabilities 76,009 65,814
Commitments and contingencies
Series A convertible preferred stock, 900,000 shares authorized, 445,063 issued and outstanding, with liquidation preferences of $20,444 and $20,111 at September 30, 2019 and June 30, 2019, respectively 3,138 3,138
Shareholders’ equity:    
Preferred stock, no par value, 1,800,000 shares authorized, no shares issued 0 0
Common stock, no par value, 640,000,000 shares authorized, 60,008,481 shares issued and outstanding at September 30, 2019 and June 30, 2019 377,143 376,853
Accumulated deficit (273,938) (262,430)
Total shareholders’ equity 103,205 114,423
Total liabilities, convertible preferred stock and shareholders’ equity $ 182,352 $ 183,375