Revolving Credit Facility

12 Months Ended

Jun. 30, 2014

Revolving Credit Facility [Abstract]

Revolving Credit Facility

12. Revolving Credit Facility

We had a $10,000,000 credit line with Silicon Valley Bank that matured on December 31, 2013.  We had not drawn against the credit line in the past three years and allowed it to expire on December 31, 2013.    We are currently evaluating whether or not to enter into a new credit arrangement, but based upon our existing cash balances, historical cash usage, and anticipated operating cash flow in the near term, we believe that existing cash balances will be sufficient to meet our anticipated working capital, capital expenditure requirements and any dividend payments for at least the next twelve months. We are no longer subject to any covenants.