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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2020
Jun. 30, 2019
Current Assets:    
Cash $ 565 $ 475
Accounts receivable, net 4,272 4,439
Inventories 10,066 8,819
Other current assets 394 346
Total current assets 15,297 14,079
Property and equipment, net 1,698 1,778
Operating lease right-of-use assets (includes $2,901 and $3,236 with a related party) 2,943 3,284
Deferred tax assets, net 596 534
Security deposits and other assets 111 115
Total Assets 20,645 19,790
Current Liabilities:    
Advances under revolving credit facility 3,425 5,834
Accounts payable (includes $3 and $67 due to related party) 6,111 3,855
Accrued expenses and other current liabilities 1,219 1,147
Current portion of long term debt, net 1,149 1,047
Current portion of operating lease liabilities (includes $463 and $450 with a related party) 484 470
Total current liabilities 12,388 12,353
Operating lease liabilities (includes $2,445 and $2,793 with a related party) 2,465 2,822
Long term debt, net 1,648 2,722
Total liabilities 16,501 17,897
Commitments and Contingencies
Stockholders' Equity :    
Common Stock, $0.002 par value; 50,000,000 shares authorized; 29,600,843 shares issued and 29,565,943 shares outstanding, respectively 59 59
Additional paid-in capital 50,241 50,197
Accumulated deficit (46,057) (48,264)
Less: Treasury stock, at cost, 34,900 shares (99) (99)
Total Stockholders' Equity 4,144 1,893
Total Liabilities and Stockholders' Equity $ 20,645 $ 19,790