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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2016
Jun. 30, 2015
CURRENT ASSETS    
Cash and cash equivalents $ 12,435 $ 15,157
Accounts receivable, net of allowance for doubtful accounts of $63 and $34, respectively 5,814 6,647
Inventory 3,919 2,738
Prepaid and other current assets 695 680
TOTAL CURRENT ASSETS 22,863 25,222
PROPERTY, PLANT AND EQUIPMENT, net 5,032 3,810
OTHER ASSETS 84 53
GOODWILL 1,039 0
INTANGIBLE ASSETS, net of accumulated amortization of $502 and $385, respectively 1,129 666
TOTAL ASSETS 30,147 29,751
CURRENT LIABILITIES    
Accounts payable 1,620 1,770
Accrued liabilities 1,534 1,952
Deferred revenue 2,477 1,877
TOTAL CURRENT LIABILITIES 5,631 5,599
LONG-TERM DEFERRED REVENUE, net of current portion 483 483
OTHER LONG-TERM LIABILITIES 190 83
TOTAL LIABILITIES 6,304 6,165
COMMITMENTS AND CONTINGENCIES (Note 8)
STOCKHOLDERS' EQUITY    
Common stock, $0.01 par value per share; 20,000,000 shares authorized; 15,740,458 and 15,575,041 shares issued, respectively and 15,444,843 and 15,383,791 shares outstanding, respectively. 158 156
Treasury stock, at cost, 295,615 and 191,250 shares repurchased, respectively. (1,554) (809)
Additional paid-in capital 25,331 24,344
Accumulated deficit (92) (105)
TOTAL STOCKHOLDERS' EQUITY 23,843 23,586
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 30,147 $ 29,751