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CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2019
Jun. 30, 2018
CURRENT ASSETS    
Cash $ 5,177 $ 5,155
Accounts receivable, net of allowance for doubtful accounts of $124 and $102, respectively 6,692 6,370
Inventory 3,604 3,986
Contract asset 236 0
Prepaid and other current assets 839 739
TOTAL CURRENT ASSETS 16,548 16,250
PROPERTY, PLANT AND EQUIPMENT, net 6,207 6,572
INVENTORY, net of current portion 1,079 0
OTHER ASSETS 144 149
GOODWILL 6,735 6,735
INTANGIBLE ASSETS, net 3,322 3,525
TOTAL ASSETS 34,035 33,231
CURRENT LIABILITIES    
Accounts payable 2,190 1,500
Accrued liabilities 1,825 2,061
Current maturities of long-term debt 517 537
Contract liability 2,110 1,894
TOTAL CURRENT LIABILITIES 6,642 5,992
CONTRACT LIABILITY, net of current portion 387 470
OTHER LIABILITIES 191 130
DEFERRED TAX LIABILITY 199 0
LONG-TERM DEBT, net of current portion 1,077 1,465
TOTAL LIABILITIES 8,496 8,057
COMMITMENTS AND CONTINGENCIES
STOCKHOLDERS' EQUITY    
Common stock, $0.01 par value per share; 40,000,000 and 20,000,000 shares authorized, respectively; 16,438,128 and 16,377,636 shares issued, respectively and 16,142,513 and 16,082,021 shares outstanding, respectively 165 164
Treasury stock, at cost, 295,615 shares repurchased (1,554) (1,554)
Additional paid-in capital 28,923 28,621
Accumulated deficit (1,995) (2,057)
TOTAL STOCKHOLDERS' EQUITY 25,539 25,174
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 34,035 $ 33,231