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Consolidated Statements of Cash Flows - USD ($)
12 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Cash flows from operating activities:    
Net income $ 958,000 $ 735,000
Adjustments to reconcile net income to net cash from operating activities:    
Depreciation and amortization 351,000 405,000
Impairment of intangible assets 404,000 0
Release of accounts payable no longer owed (406,000) 0
Accretion of financing instruments and amortization of prepaid financing costs 192,000 239,000
Compensation expense on employee stock options 31,000 104,000
Gain on common stock sales of iBio, Inc. (48,000)
Change in fair value of derivative instruments 64,000 (705,000)
Allowance for doubtful accounts 30,000 (20,000)
Gain on deposal of property and equipment (15,000) (3,000)
Changes in operating assets and liabilities:    
Accounts receivable (527,000) (440,000)
Inventories (1,978,000) (79,000)
Prepaid expenses and other current assets (99,000) (42,000)
Accounts payable 727,000 (488,000)
Accrued expenses and other current liabilities (326,000) 229,000
Net cash used in operating activities (594,000) (113,000)
Cash flows from investing activities:    
Purchase of property and equipment (109,000) (235,000)
Proceeds from sale of property and equipment 2,000
Proceeds from common stock sales of iBio, Inc. 79,000
Net cash used in investing activities (107,000) (156,000)
Cash flows from financing activities:    
Advances under revolving credit facility 41,166,000 36,993,000
Repayments of advances under revolving credit facility (41,418,000) (36,652,000)
Proceeds from Line of Credit Note 43,000 307,000
Repayments under term notes payable (620,000) (616,000)
Repayments under capitalized lease obligations (121,000) (143,000)
Proceeds from term note payable 1,975,000
Net cash provided by (used in) financing activities 1,025,000 (111,000)
Net increase (decrease) in cash 324,000 (380,000)
Cash at beginning of fiscal year 71,000 451,000
Cash at end of fiscal year 395,000 71,000
Supplemental disclosures of cash flow information:    
Interest 745,000 714,000
Income taxes 168,000 158,000
Supplemental disclosures of non-cash transactions:    
Accretion on embedded derivative feature of Convertible Note Payable 86,000 110,000
Financing on capitalized lease obligations $ 317,000 $ 185,000