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INCOME TAXES - Reconciliation of the Actual Taxes to the U.S. Statutory Tax Rate (Details) - USD ($)
$ in Thousands
12 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Reconciliation of the actual taxes    
Income tax (benefit) at the statutory federal rate (35%) $ (7,534) $ (7,996)
Increase (decrease) resulting from nondeductible stock compensation 38 56
Foreign Rate Differential (330) 914
Disallowed foreign capital loss 12,136  
Derivative loss (247) 35
Other, net (323)  
Change in valuation allowance (3,740) 6,991
Net income tax expense $ 0 $ 0