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Consolidated Balance Sheets (Unaudited) (USD $)
In Thousands, unless otherwise specified
Dec. 31, 2011
Jun. 30, 2011
Jun. 30, 2010
ASSETS      
Cash and Cash equivalents $ 17,410 $ 3,794 $ 0
Prepaid expenses 258 46 0
Other receivables 1,018 29 0
TOTAL CURRENT ASSETS 18,686 3,869 0
Restricted cash 695 695 0
Interest in corporate jet 1,347 1,511 0
Capitalized software costs 3,453 317 0
Equipment, net 1,457 79 0
Intellectual property, net 9,013 0 0
Goodwill 3,015 0 0
TOTAL ASSETS 37,666 6,471 0
LIABILITIES AND STOCKHOLDERS' EQUITY      
Accounts payable and accrued expenses 1,901 1,105 78
Current portion of loan payable 51 49 0
Other current liabilities 2,822 0 0
Deferred revenue 484 0 0
TOTAL CURRENT LIABILITIES 5,258 1,154 78
Loans payable, less current portion 865 891 0
Other long-term liabilities 1,176 342 0
TOTAL LIABILITIES 7,299 2,387 78
COMMITMENTS AND CONTINGENCIES         
STOCKHOLDERS' EQUITY:      
Preferred stock, $0.001 par value, authorized 1,000,000 shares, no shares issued and outstanding 0 0 0
Common stock, $0.001 par value, authorized 300,000,000 shares, issued and outstanding 149,417,062 shares as of December 31, 2011, authorized 300,000,000 shares, issued and outstanding 134,941,797 shares as of June 30, 2011 and authorized 1,000,000 shares, issued and outstanding 419,200 shares (as adjusted for the Reverse Split) as of June 30, 2010 153 139 4
Additional paid-in-capital 113,244 36,416 12,481
Accumulated deficit (83,030) (32,471) (12,563)
TOTAL STOCKHOLDERS' EQUITY 30,367 4,084 (78)
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 37,666 $ 6,471 $ 0