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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2018
Jun. 30, 2018
Current assets    
Cash and cash equivalents $ 17,123 $ 16,652
Accounts receivable 2,367 2,067
Income tax receivable 1,360 451
Inventory, net 13,281 13,627
Prepaid expenses and other 6,400 6,141
Total current assets 40,531 38,938
Long-term assets    
Property and equipment, net 6,063 6,587
Intangible assets, net 1,082 1,115
Long-term deferred income tax asset 3,023 3,255
Other long-term assets 1,222 1,247
TOTAL ASSETS 51,921 51,142
Current liabilities    
Accounts payable 3,930 3,813
Commissions payable 7,867 7,546
Income tax payable 10 39
Other accrued expenses 9,786 10,407
Current portion of long-term debt 2,000 2,000
Total current liabilities 23,593 23,805
Long-term debt    
Principal amount 3,000 3,500
Less: unamortized discount and deferred offering costs (79) (88)
Long-term debt, net of unamortized discount and deferred offering costs 2,921 3,412
Other long-term liabilities 1,876 1,978
Total liabilities 28,390 29,195
Commitments and contingencies - Note 7
Stockholders’ equity    
Preferred stock — par value $0.0001 per share, 5,000 shares authorized, no shares issued or outstanding 0 0
Common stock — par value $0.0001 per share, 40,000 shares authorized and 14,103 and 14,073 issued and outstanding as of September 30, 2018 and June 30, 2018, respectively 1 1
Additional paid-in capital 125,464 124,663
Accumulated deficit (101,823) (102,731)
Accumulated other comprehensive income (loss) (111) 14
Total stockholders’ equity 23,531 21,947
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 51,921 $ 51,142