ORGANIZATION AND SIGNIFICANT ACCOUNTING POLICIES (Tables)

9 Months Ended

Mar. 31, 2017

ORGANIZATION AND SIGNIFICANT ACCOUNTING POLICIES

Schedule of liabilities measured at fair value on a recurring basis

The following table sets forth by level within the fair value hierarchy our financial assets and liabilities that were accounted for at fair value on a recurring basis as of March 31, 2017 (in thousands).

	Carrying Value at		Fair Value Measurement at March 31, 2017
	March 31, 2017		Level 1		Level 2		Level 3
Warrants derivative liability	$	205	$	—	$	—	$	205