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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Dec. 31, 2015
Jun. 30, 2015
Current assets    
Cash and cash equivalents $ 15,819 $ 13,905
Accounts receivable 1,738 1,031
Income tax receivable 2,205 2,179
Inventory 10,619 9,248
Current deferred income tax asset 1,086 1,117
Prepaid expenses and deposits 5,016 2,995
Total current assets 36,483 30,475
Long-term assets    
Property and equipment, net 5,180 5,759
Intangible assets, net 1,812 1,879
Long-term deferred income tax asset 229 235
Other long-term assets 1,223 1,433
TOTAL ASSETS 44,927 39,781
Current liabilities    
Accounts payable 5,857 2,614
Commissions payable 7,733 6,505
Other accrued expenses 9,005 5,600
Current portion of long-term debt 12,229 11,141
Total current liabilities 34,824 25,860
Long-term liabilities    
Principal amount 2,583 10,484
Less: unamortized discount and deferred offering costs (1,544) (1,951)
Long-term debt, net of unamortized discount and deferred offering costs 1,039 8,533
Other long-term liabilities 2,055 2,063
Total liabilities $ 37,918 $ 36,456
Commitments and contingencies - Note 6
Stockholders’ equity    
Preferred stock — par value $0.001 per share, 50,000 shares authorized, no shares issued or outstanding $ 0 $ 0
Common stock — par value $0.001 per share, 250,000 shares authorized and 13,992 and 13,958 issued and outstanding as of December 31, 2015 and June 30, 2015, respectively 14 14
Additional paid-in capital 118,649 117,657
Accumulated deficit (111,429) (114,095)
Accumulated other comprehensive loss (225) (251)
Total stockholders’ equity 7,009 3,325
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 44,927 $ 39,781