Note 8 - Income Taxes (Tables)

12 Months Ended

Jun. 30, 2015

Notes Tables

Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]

	2015			2014
Statutory federal income tax benefit	$	(5,046	)	$	(3,072	)
Unbenefited net operating losses and credits		5,091			2,163
State and local taxes		(649	)		(326	)
Merger costs		--			757
Expiration of CA NOLs		616			--
Other		(12	)		75
Total income tax benefit	$	--		$	(403	)

Schedule of Deferred Tax Assets and Liabilities [Table Text Block]

	June 30, 2015			June 30, 2014
Deferred tax assets:
Net operating loss carryforwards	$	38,317		$	34,154
Income tax credit carryforwards		2,143			1,995
Depreciation and amortization		--			--
Stock compensation		916			--
Other		1,479			1,750
Valuation allowance		(42,408	)		(37,317	)
Total deferred taxes	$	447		$	582
Deferred tax liabilities
Depreciation and amortization		(8,088	)		(8,223	)
Net deferred taxes and liabilities	$	(7,641	)	$	(7,641	)