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Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Dec. 31, 2016
Jun. 30, 2016
Cash $ 66 $ 395
Accounts receivable, net 4,420 3,135
Inventories 7,827 7,756
Investment in iBio, Inc. 501 501
Other current assets 273 283
Total current assets 13,087 12,070
Property and equipment, net 1,498 1,567
Security deposits and other assets 413 448
Total Assets 14,998 14,085
Current Liabilities:    
Advances under revolving credit facility 4,004 4,210
Accounts payable (includes $74 and $331 due to related party) 5,635 5,469
Accrued expenses and other current liabilities 1,403 1,211
Current portion of long term debt 946 934
Total current liabilities 11,988 11,824
Long term debt 4,707 5,306
Convertible Note payable, net - CD Financial, LLC 5,225 5,206
Derivative liabilities 808 76
Total liabilities 22,728 22,412
Commitments and Contingencies
Stockholders' Deficiency:    
Common Stock, $0.002 par value; 50,000,000 shares authorized; 21,145,074 and 21,140,074 shares issued, 21,110,174 and 21,105,174 shares outstanding 42 42
Additional paid-in capital 44,732 44,707
Accumulated deficit (52,405) (52,977)
Less: Treasury stock, at cost, 34,900 shares (99) (99)
Total Stockholders' Deficiency (7,730) (8,327)
Total Liabilities and Stockholders' Deficiency $ 14,998 $ 14,085