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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Cash flows from operating activities    
Net income (loss) $ 10,655 $ (5,868)
Less: Income from discontinued operations (20,601) (457)
Loss from continuing operations (9,946) (6,325)
Adjustments to reconcile net loss from continuing operations to net cash used in operating activities:    
Stock-based compensation 5,028 646
Depreciation and amortization 320 306
Changes in assets and liabilities:    
Accounts receivable (139) 81
Accounts payable (598) 667
Other assets and liabilities (368) 194
Income tax payable 190 0
Net cash used in operating activities-continuing operations (5,513) (4,431)
Net cash (used in) provided by operating activities-discontinued operations (5,345) 3,879
Net cash used in operating activities (10,858) (552)
Cash flows from investing activities:    
Purchases of investments (35,418) 0
Sale of available-for-sale investments 1,500 0
Maturities of held-to-maturity securities 2,241 0
Purchases of property and equipment (2,268) (150)
Net cash used in investing activities-continuing operations (33,945) (150)
Net cash provided by (used in) investing activities-discontinued operations 53,189 (218)
Net cash provided by (used in) investing activities 19,244 (368)
Cash flows from financing activities:    
Repayment of State of Texas, including deemed dividend (2,331) 0
Payments for shares bought back (2,435) 0
Noncontrolling interest investment in subsidiary 422 0
Proceeds from exercise of stock options 112 42
Net cash (used in) provided by financing activities-continuing operations (4,232) 42
Net cash used in financing activities-discontinued operations (5,655) (387)
Net cash used in financing activities (9,887) (345)
Net change in cash and cash equivalents (1,501) (1,265)
Cash and cash equivalents at beginning of period 3,831 5,096
Cash and cash equivalents at end of period 2,330 3,831
Supplemental disclosures of cash flow information:    
Cash paid for interest $ 62 $ 235