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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2017
Jun. 30, 2017
Current assets    
Cash and cash equivalents $ 95 $ 2,184
Short-term investments 10,062 10,900
Accounts receivable, net of allowance 80 146
Inventory, net 132 166
Prepaid expenses and other current assets 246 269
Total current assets 10,615 13,665
Property and equipment, net 3,001 3,180
Long-term investments 1,428 1,990
Other assets, net 81 0
Total assets 15,125 18,835
Current liabilities    
Accounts payable 200 259
Payroll related accruals 414 907
Accrued liabilities and other 382 641
Income tax payable 2 2
Total current liabilities 998 1,809
Other liabilities 242 256
Total liabilities 1,240 2,065
Commitments and contingencies (Note 13)
Stockholders’ equity    
Preferred stock, no par value, convertible, 2,500,000 shares authorized; no shares issued and outstanding, at September 30, 2017 and June 30, 2017, respectively 0 0
Common stock, no par value, 15,000,000 shares authorized; 4,506,473 and 4,508,509 shares issued at September 30, 2017 and June 30, 2017, respectively; 4,108,573 and 4,111,281 shares outstanding at September 30, 2017 and June 30, 2017, respectively 190,437 190,382
Treasury stock, 397,936 and 397,228 shares at cost at September 30, 2017 and June 30, 2017, respectively (4,124) (4,121)
Additional paid-in capital 1,550 1,483
Accumulated deficit (173,919) (170,913)
Accumulated other comprehensive loss (59) (61)
Total stockholders’ equity 13,885 16,770
Total liabilities and stockholders’ equity $ 15,125 $ 18,835