XML 66 R5.htm IDEA: XBRL DOCUMENT v2.4.0.6
Condensed Consolidated Statements of Cash Flows (Unaudited) (USD $)
In Thousands, unless otherwise specified
9 Months Ended
Mar. 31, 2013
Mar. 31, 2012
Net loss $ (687) $ (1,159)
Adjustments to reconcile net loss to net cash (used in) provided by operating activities:    
Depreciation and amortization 318 376
Accretion of financing instruments 160  
Change in fair value of derivative liabilities 602 (14)
Impairment charge on investment in iBio, Inc. 139 0
Loss on sale of fixed assets 6 1
Compensation expense for employee stock options   10
Forbearance fee payable   1,000
Decrease (increase) in:    
Accounts receivable 176 31
Inventories (1,456) 2,656
Other current assets 47 (168)
Security deposits and other assets 50 (4)
(Decrease) increase in:    
Accounts payable 39 (2,708)
Accrued expenses and other liabilities (252) (16)
Net cash (used in) provided by operating activities (858) 14
Cash flows from investing activities:    
Purchase of property and equipment (21) (82)
Proceeds from sale of property and equipment 18 12
Net cash used in investing activities (3) (70)
Cash flows from financing activities:    
Advances under revolving credit facility 25,342  
Repayments under revolving credit facility (23,977)  
Payments under term notes (361)  
Payments under capital lease obligations (3) (20)
Net cash provided by (used in) financing activities 1,001 (20)
Net increase (decrease) in cash 140 (76)
Cash at beginning of period 145 725
Cash at end of period 285 649
Interest 486 772
Income taxes 15 7
Financing on capitalized lease obligations 68  
Convertible Debt [Member]
   
Adjustments to reconcile net loss to net cash (used in) provided by operating activities:    
Accretion of financing instruments   $ 9