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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2018
Jun. 30, 2017
CURRENT ASSETS    
Cash $ 5,155 $ 4,675
Accounts receivable, net 6,370 7,553
Inventory 3,986 4,098
Prepaids and other current assets 739 694
TOTAL CURRENT ASSETS 16,250 17,020
PROPERTY, PLANT AND EQUIPMENT, net 6,572 6,543
OTHER ASSETS 149 120
GOODWILL 6,735 6,735
INTANGIBLE ASSETS, net 3,525 4,046
TOTAL ASSETS 33,231 34,464
CURRENT LIABILITIES    
Accounts payable 1,500 1,710
Accrued liabilities 2,061 1,800
Current maturities of long-term debt 537 601
Deferred revenue 1,894 2,421
TOTAL CURRENT LIABILITIES 5,992 6,532
LONG-TERM DEFERRED REVENUE, net of current portion 470 478
OTHER LONG-TERM LIABILITIES 130 165
LONG-TERM DEBT, net of current portion 1,465 2,002
TOTAL LIABILITIES 8,057 9,177
COMMITMENTS AND CONTINGENCIES (Note 8)
STOCKHOLDERS’ EQUITY    
Common stock, $0.01 par value per share; 20,000,000 shares authorized; 16,377,636 and 16,304,027 shares issued, respectively and 16,082,021 and 16,008,412 shares outstanding, respectively 164 163
Treasury stock, at cost, 295,615 shares repurchased (1,554) (1,554)
Additional paid-in capital 28,621 28,063
Accumulated deficit (2,057) (1,385)
TOTAL STOCKHOLDERS’ EQUITY 25,174 25,287
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 33,231 $ 34,464