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Fair Value Measurements (Tables)
6 Months Ended
Dec. 31, 2017
Fair Value Disclosures [Abstract]  
Fair Value, Assets Measured on Recurring Basis
Our financial assets measured at fair value on a recurring basis as of December 31, 2017 are as follows:
 
 
 
Total
Fair Value
 
Quoted
Prices in
Active Markets
(Level 1)
 
Observable
Inputs
(Level 2)
 
Unobservable
Inputs
(Level 3)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Cash
 
$
33,228
 
$
33,228
 
$
-
 
$
-
 
Money market funds
 
 
23,620
 
 
23,620
 
 
-
 
 
-
 
Commercial paper
 
 
699
 
 
-
 
 
699
 
 
-
 
Cash and cash equivalents
 
 
57,547
 
 
56,848
 
 
699
 
 
-
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Commercial paper
 
 
7,967
 
 
-
 
 
7,967
 
 
-
 
Short-term investments
 
 
7,967
 
 
-
 
 
7,967
 
 
-
 
 
 
$
65,514
 
$
56,848
 
$
8,666
 
$
-
 
 
Our financial assets measured at fair value on a recurring basis as of June 30, 2017 are as follows:
 
 
 
Total
Fair Value
 
Quoted
Prices in
Active Markets
(Level 1)
 
Observable
Inputs
(Level 2)
 
Unobservable
Inputs
(Level 3)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Cash
 
$
5,646
 
$
5,646
 
$
-
 
$
-
 
Money market funds
 
 
26,051
 
 
26,051
 
 
-
 
 
-
 
Commercial paper
 
 
4,196
 
 
-
 
 
4,196
 
 
-
 
Cash and cash equivalents
 
 
35,893
 
 
31,697
 
 
4,196
 
 
-
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Commercial paper
 
 
6,870
 
 
-
 
 
6,870
 
 
-
 
Short-term investments
 
 
6,870
 
 
-
 
 
6,870
 
 
-
 
 
 
$
42,763
 
$
31,697
 
$
11,066
 
$
-
 
Summary of Available-For-Sale Securities
The following is a summary of available-for-sale securities as of December 31, 2017:
 
 
 
Cost
 
Unrealized
Gains
 
Unrealized
Losses
 
Estimated
Fair Value
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Commercial paper
 
$
7,967
 
$
-
 
$
-
 
$
7,967
 
Total marketable securities
 
$
7,967
 
$
-
 
$
-
 
$
7,967
 
 
The following is a summary of available-for-sale securities as of June 30, 2017:
 
 
 
Cost
 
Unrealized
Gains
 
Unrealized
Losses
 
Estimated
Fair Value
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Commercial paper
 
$
6,870
 
$
-
 
$
-
 
$
6,870
 
Total marketable securities
 
$
6,870
 
$
-
 
$
-
 
$
6,870