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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Cash flows from operating activities:    
Net (loss) income $ (9,900) $ 18,761
Less: Income from discontinued operations 0 (23,618)
Net loss from continuing operations (9,900) (4,857)
Adjustments to reconcile net loss from continuing operations to net cash used in operating activities:    
Stock-based compensation 422 58
Amortization 54 0
Depreciation 351 229
Changes in assets and liabilities:    
Accounts receivable (116) (36)
Accounts payable (102) (534)
Other assets and liabilities (1,473) 52
Income taxes payable (190) 244
Net cash used in operating activities-continuing operations (10,954) (4,844)
Net cash used in operating activities-discontinued operations 0 (2,307)
Net cash used in operating activities (10,954) (7,151)
Cash flows from investing activities:    
Purchase of short-term investments 0 (33,201)
Sale of available-for-sale investments 4,315 0
Maturities of held-to-maturity securities 5,180 0
Purchases of property and equipment (797) (1,755)
Net cash provided by (used in) investing activities-continuing operations 8,698 (34,956)
Net cash provided by investing activities-discontinued operations 6,100 53,189
Net cash provided by investing activities 14,798 18,233
Cash flows from financing activities:    
Repayment of State of Texas funding, including deemed dividend 0 (2,331)
Payments for shares bought back (117) (538)
Minority interest investment in subsidiary 0 165
Proceeds from exercise of stock options 16 112
Net cash used in financing activities-continuing operations (101) (2,592)
Net cash used in financing activities-discontinued operations 0 (5,655)
Net cash used in financing activities (101) (8,247)
Net change in cash and cash equivalents 3,743 2,835
Cash and cash equivalents at beginning of period 2,330 3,831
Cash and cash equivalents at end of period 6,073 6,666
Supplemental disclosures of cash flow information:    
Cash paid for interest 0 63
Income taxes paid $ 198 $ 0