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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Cash flows from operating activities:    
Net (loss) income $ (6,061) $ 20,861
Less: Income from discontinued operations 0 (24,371)
Net loss from continuing operations (6,061) (3,510)
Adjustments to reconcile net loss from continuing operations to net cash used in operating activities:    
Stock-based compensation 249 4
Amortization 21 0
Depreciation 242 150
Changes in assets and liabilities:    
Accounts receivable 55 4
Accounts payable 11 (696)
Other assets and liabilities (1,191) (558)
Income taxes payable (190) 448
Net cash used in operating activities-continuing operations (6,864) (4,158)
Net cash used in operating activities-discontinued operations 0 (1,553)
Net cash used in operating activities (6,864) (5,711)
Cash flows from investing activities:    
Purchase of short-term investments 0 (35,580)
Sale of available-for-sale investments 4,314 0
Maturities of held-to-maturity securities 3,188 0
Purchases of property and equipment (706) (118)
Net cash provided by (used in) investing activities-continuing operations 6,796 (35,698)
Net cash provided by investing activities-discontinued operations 0 52,591
Net cash provided by investing activities 6,796 16,893
Cash flows from financing activities:    
Repayment of State of Texas funding, including deemed dividend 0 (2,331)
Payments for shares bought back (117) (404)
Proceeds from common stock issuance 0 167
Net cash used in financing activities-continuing operations (117) (2,568)
Net cash used in financing activities-discontinued operations 0 (5,655)
Net cash used in financing activities (117) (8,223)
Net change in cash and cash equivalents (185) 2,959
Cash and cash equivalents at beginning of period 2,330 3,831
Cash and cash equivalents at end of period 2,145 6,790
Supplemental disclosures of cash flow information:    
Cash paid for interest 0 63
Income taxes paid $ 198 $ 0