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Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2016
Jun. 30, 2016
Current Assets:    
Cash $ 92 $ 395
Accounts receivable, net 3,765 3,135
Inventories 8,080 7,756
Investment in iBio, Inc. 501 501
Other current assets 266 283
Total current assets 12,704 12,070
Property and equipment, net 1,536 1,567
Security deposits and other assets 407 448
Total Assets 14,647 14,085
Current Liabilities:    
Advances under revolving credit facility 4,885 4,210
Accounts payable (includes $190 and $331 due to related party) 4,829 5,469
Accrued expenses and other current liabilities 1,118 1,211
Current portion of long term debt 959 934
Total current liabilities 11,791 11,824
Long term debt 4,870 5,306
Subordinated convertible note, net - CD Financial, LLC 5,216 5,206
Derivative liabilities 444 76
Total liabilities 22,321 22,412
Commitments and Contingencies
Stockholders' Deficiency:    
Common Stock, $0.002 par value; 50,000,000 shares authorized; 21,140,074 and 21,105,174 shares issued and outstanding, respectively 42 42
Additional paid-in capital 44,711 44,707
Accumulated deficit (52,328) (52,977)
Less: Treasury stock, at cost, 34,900 shares (99) (99)
Total Stockholders' Deficiency (7,674) (8,327)
Total Liabilities and Stockholders' Deficiency $ 14,647 $ 14,085