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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2020
Jun. 30, 2020
Current assets    
Cash and cash equivalents $ 1,853 $ 3,349
Accounts receivable 52 101
Inventory:    
Raw materials 114 416
Work-in-process 337 38
Finished goods 161 222
Income tax receivable   429
Prepaid expenses and other current assets 283 117
Total current assets 2,800 4,672
Property and equipment, net 100 99
Assets held for disposal   237
Operating leases, right-of-use assets, net 287 851
Other assets   71
Total assets 3,187 5,930
Current liabilities    
Accounts payable 75 239
Payroll related accruals 473 433
Accrued expenses and other liabilities 676 627
Income tax payable 2 2
Term note payable - related party 2,500 2,500
Term note payable 330 210
Lease liabilities 198 339
Total current liabilities 4,254 4,350
Term note payable, net of current portion 211 332
Lease liabilities, net of current portion 166 623
Total liabilities 4,631 5,305
Commitments and contingencies (Note 13)
Stockholders’ equity (deficit)    
Common stock, $0.001 par value, 50,000,000 shares authorized; 8,243,686 and 8,250,286 shares issued at September 30, 2020 and June 30, 2020, respectively; 7,843,770 and 7,850,362 shares outstanding at September 30, 2020 and June 30, 2020, respectively 190,599 190,599
Treasury stock, 399,916 shares at cost at September 30, 2020 and June 30, 2020 (4,129) (4,129)
Additional paid-in capital 13,976 13,934
Accumulated deficit (201,890) (199,779)
Total stockholders’ equity (deficit) (1,444) 625
Total liabilities and stockholders’ equity (deficit) 3,187 5,930
Convertible Preferred Stock    
Stockholders’ equity (deficit)    
Convertible preferred stock, $0.001 par value, 2,500,000 shares authorized; 280,898 shares of Series D issued and outstanding at September 30, 2020 and June 30, 2020