Consolidated Balance Sheets - USD ($) $ in Thousands	Jun. 30, 2017	Jun. 30, 2016
Current Assets:
Cash	$ 132	$ 395
Accounts receivable, net	4,020	3,135
Inventories	7,645	7,756
Investment in iBio, Inc.	465	501
Other current assets	289	246
Total current assets	12,551	12,033
Property and equipment, net	1,601	1,567
Deferred tax assets, net	823
Security deposits and other assets	221	349
Total Assets	15,196	13,949
Current Liabilities:
Advances under revolving credit facility	4,676	4,210
Accounts payable (includes $77 and $331 due to a related party)	4,177	5,469
Accrued expenses and other current liabilities	1,184	1,211
Current portion of long term debt, net	1,118	897
Total current liabilities	11,155	11,787
Convertible Note payable, net - CD Financial, LLC	5,221	5,172
Long term debt, net	4,246	5,241
Derivative liability	503	76
Total Liabilities	21,125	22,276
Commitments and Contingencies
Stockholders' Deficiency:
Common Stock, $0.002 par value; 50,000,000 shares authorized; 21,170,074 and 21,140,174 shares issued and 21,135,074 and 21,105,174, shares outstanding	42	42
Additional paid-in-capital	44,759	44,707
Accumulated deficit	(50,631)	(52,977)
Less: Treasury stock, at cost, 34,900 shares	(99)	(99)
Total Stockholders' Deficiency	(5,929)	(8,327)
Total Liabilities and Stockholders' Deficiency	$ 15,196	$ 13,949

Carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).

Name:	us-gaap_AccountsPayableCurrent
Namespace Prefix:	us-gaap_
Data Type:	xbrli:monetaryItemType
Balance Type:	credit
Period Type:	instant

- Definition

Amount due from customers or clients, within one year of the balance sheet date (or the normal operating cycle, whichever is longer), for goods or services (including trade receivables) that have been delivered or sold in the normal course of business, reduced to the estimated net realizable fair value by an allowance established by the entity of the amount it deems uncertain of collection.