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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Cash Flows from Operating Activities:    
Net income $ 3,522 $ 2,769
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 1,356 942
Stock-based compensation 4,136 2,110
Amortization of deferred financing fees 4 10
Amortization of debt discount 23 15
Deferred income tax 906 493
Changes in operating assets and liabilities:    
Accounts receivable 144 42
Income tax receivable (2,267) 633
Inventory, net (878) 985
Prepaid expenses and other 692 (2,668)
Other long-term assets 7 104
Accounts payable 1,266 (230)
Income tax payable 149 (143)
Other accrued expenses 2,161 3,311
Other long-term liabilities (416) (588)
Net Cash Provided by Operating Activities 10,805 7,785
Cash Flows from Investing Activities:    
Investments in convertible note receivable (2,000) 0
Purchase of equipment (1,689) (3,367)
Net Cash Used in Investing Activities (3,689) (3,367)
Cash Flows from Financing Activities:    
Repurchase of company stock (1,706) (500)
Payment on term loan (3,500) (1,500)
Shares purchased as payment of tax withholding (3,167) 0
Exercise of options 565 30
Net Cash Used in Financing Activities (7,808) (1,970)
Foreign Currency Effect on Cash (47) 46
Increase (Decrease) in Cash and Cash Equivalents: (739) 2,494
Cash and Cash Equivalents — beginning of period 16,652 11,458
Cash and Cash Equivalents — end of period 15,913 13,952
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION    
Cash paid for interest 216 263
Cash paid for income taxes $ 1,195 $ 1,793