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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2019
Jun. 30, 2018
Current assets    
Cash and cash equivalents $ 15,913 $ 16,652
Accounts receivable 1,916 2,067
Income tax receivable 2,718 451
Inventory, net 14,490 13,627
Prepaid expenses and other 7,640 6,141
Total current assets 42,677 38,938
Long-term assets    
Property and equipment, net 6,818 6,587
Intangible assets, net 1,016 1,115
Deferred income tax asset 2,349 3,255
Other long-term assets 1,245 1,247
TOTAL ASSETS 54,105 51,142
Current liabilities    
Accounts payable 5,065 3,813
Commissions payable 8,336 7,546
Income tax payable 188 39
Other accrued expenses 11,950 10,407
Current portion of long-term debt, net 1,939 2,000
Total current liabilities 27,478 23,805
Long-term debt    
Principal amount 0 3,500
Less: unamortized discount and deferred offering costs 0 (88)
Long-term debt, net of unamortized discount and deferred offering costs 0 3,412
Other long-term liabilities 1,881 1,978
Total liabilities 29,359 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 14,328 and 14,073 issued and outstanding as of March 31, 2019 and June 30, 2018, respectively 1 1
Additional paid-in capital 125,695 124,663
Accumulated deficit (100,918) (102,731)
Accumulated other comprehensive income (loss) (32) 14
Total stockholders’ equity 24,746 21,947
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 54,105 $ 51,142