Overview of the Business and Basis of Presentation (Tables)

3 Months Ended

Sep. 30, 2020

Overview of the Business and Basis of Presentation

Schedule of reconciliation of the numerators and denominators of basic and diluted net income (loss) per share

	Three Months Ended
	September 30,
	2020	2019
Basic weighted-average number of shares outstanding	8,797,671	8,756,156
Effect of dilutive securities:
Restricted stock	59,020	53,416
Diluted weighted-average number of shares outstanding	8,856,691	8,809,572

Schedule of financial assets and liabilities that were measured at fair value on a recurring basis

	As of		Quoted
	September 30,		Prices in		Observable		Unobservable
	2020		Active Markets		Inputs		Inputs
	Fair Value		(Level 1)		(Level 2)		(Level 3)
	(Amounts in thousands)
Cash	$	14,234	$	14,234	$	—	$	—
Money market funds		4,051		4,051		—		—
Cash and cash equivalents	$	18,285	$	18,285	$	—	$	—
Common stock and common stock options	$	4,871	$	4,871	$	—	$	—
Preferred stock		2,883		—		—		2,883
Equity investments	$	7,754	$	4,871	$	—	$	2,883
Corporate debt	$	14,784	$	—	$	14,784	$	—
Available-for-sale investments	$	14,784	$	—	$	14,784	$	—

	As of		Quoted
	June 30,		Prices in		Observable		Unobservable
	2020		Active Markets		Inputs		Inputs
	Fair Value		(Level 1)		(Level 2)		(Level 3)
	(Amounts in thousands)
Cash	$	4,473	$	4,473	$	—	$	—
Money market funds		4,863		4,863		—		—
Cash and cash equivalents	$	9,336	$	9,336	$	—	$	—
Common stock and common stock options	$	4,489	$	4,489	$	—	$	—
Preferred stock		2,883		—		—		2,883
Equity investments	$	7,372	$	4,489	$	—	$	2,883
Corporate debt	$	21,429	$	—	$	21,429	$	—
Available-for-sale investments	$	21,429	$	—	$	21,429	$	—

Schedule of valuation methodology and unobservable inputs for Level 3 assets and liabilities measured at fair value on a recurring basis

The following table shows the valuation methodology and unobservable inputs for Level 3 assets and liabilities measured at fair value on a recurring basis as of both September 30, 2020 and June 30, 2020 ($ amounts in thousands):

	Fair Value		Valuation Methodology	Unobservable Inputs	Range of Inputs
Equity securities, fair value
Preferred stock	$	2,883	cost, or observable price changes	not applicable	not applicable