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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2018
Jun. 30, 2017
Current assets    
Cash and cash equivalents $ 633 $ 2,184
Short-term investments 5,647 10,900
Accounts receivable, net of allowance 4 146
Inventory, net 9 166
Prepaid expenses and other current assets 269 269
Total current assets 6,562 13,665
Property and equipment, net 2,618 3,180
Long-term investments 50 1,990
Other assets, net 81 0
Total assets 9,311 18,835
Current liabilities    
Accounts payable 124 259
Payroll related accruals 398 907
Accrued liabilities and other 406 641
Income tax payable 2 2
Total current liabilities 930 1,809
Other liabilities 216 256
Total liabilities 1,146 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 March 31, 2018 and June 30, 2017, respectively
Common stock, no par value, 15,000,000 shares authorized; 4,505,473 and 4,508,509 shares issued at March 31, 2018 and June 30, 2017, respectively; 4,107,538 and 4,111,281 shares outstanding at March 31, 2018 and June 30, 2017, respectively 190,544 190,382
Treasury stock, 397,935 and 397,228 shares at cost at March 31, 2018 and June 30, 2017, respectively (4,124) (4,121)
Additional paid-in capital 1,708 1,483
Accumulated deficit (179,911) (170,913)
Accumulated other comprehensive loss (52) (61)
Total stockholders’ equity 8,165 16,770
Total liabilities and stockholders’ equity $ 9,311 $ 18,835