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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2017
Jun. 30, 2016
CURRENT ASSETS    
Cash and cash equivalents $ 4,675 $ 12,435
Accounts receivable, net 7,553 5,814
Inventory, net 4,098 3,919
Prepaid and other current assets 694 695
TOTAL CURRENT ASSETS 17,020 22,863
PROPERTY, PLANT AND EQUIPMENT, net 6,543 5,032
OTHER ASSETS 120 84
GOODWILL 6,735 1,039
INTANGIBLE ASSETS, net 4,046 1,129
TOTAL ASSETS 34,464 30,147
CURRENT LIABILITIES    
Accounts payable 1,710 1,620
Accrued liabilities 1,800 1,534
Current maturities of long-term debt 601 0
Deferred revenue 2,421 2,477
TOTAL CURRENT LIABILITIES 6,532 5,631
LONG-TERM DEFERRED REVENUE, net of current portion 478 483
OTHER LONG-TERM LIABILITIES 165 190
LONG-TERM DEBT, net of current portion 2,002 0
TOTAL LIABILITIES 9,177 6,304
COMMITMENTS AND CONTINGENCIES (Note 8)
STOCKHOLDERS' EQUITY    
Common stock, $0.01 par value per share; 20,000,000 shares authorized; 16,304,027 and 15,740,458 shares issued, respectively and 16,008,412 and 15,444,843 shares outstanding, respectively. 163 158
Treasury stock, at cost, 295,615 shares repurchased (1,554) (1,554)
Additional paid-in capital 28,063 25,331
Accumulated deficit (1,385) (92)
TOTAL STOCKHOLDERS' EQUITY 25,287 23,843
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 34,464 $ 30,147