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Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2017
Jun. 30, 2017
Sep. 30, 2016
Jun. 30, 2016
Jun. 30, 2015
Current assets:          
Cash and cash equivalents $ 19,600 $ 17,700 $ 45,900 $ 49,700 $ 44,700
Short-term investments 14,500 20,900   19,300  
Other accounts receivable, net of allowance 100 600   700  
Prepaid expenses and other assets 300 700   2,700  
Total current assets 34,500 39,900   72,400  
Non-current assets:          
Property and equipment, net 200 200   300  
Total assets 34,700 40,100   72,700  
Current liabilities:          
Accounts payable 1,300 1,400   3,900  
Accrued expenses and other current liabilities 2,200 2,900   3,600  
Short-term note payable 200 200   400  
Liability related to sale of future royalties, current portion 1,500 1,400   1,300  
Total current liabilities 5,200 5,900   9,200  
Non-current liabilities:          
Long-term note payable, net of current portion 100 100   300  
Liability related to sale of future royalties, net of current portion 15,400 15,300   16,800  
Other long-term liabilities, net of current portion 100 100   200  
Total liabilities 20,800 21,400   26,500  
Commitments and contingencies    
Stockholders’ equity:          
Preferred stock, $0.10 par value; 5,000,000 shares authorized; no shares issued and outstanding    
Common stock, $0.10 par value; 200,000,000 shares authorized; 38,649,237 shares and 38,640,487 shares issued and outstanding at June 30, 2017 and June 30, 2016, respectively 3,900 3,900   3,900  
Additional paid-in capital 160,100 159,600   157,600  
Accumulated other comprehensive income 19,000 19,000   19,000  
Accumulated deficit (169,100) (163,800)   (134,300)  
Total stockholders’ equity 13,900 18,700   46,200 $ 69,500
Total liabilities and stockholders’ equity $ 34,700 $ 40,100   $ 72,700