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Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2019
Jun. 30, 2018
Current assets    
Cash and cash equivalents $ 18,824 $ 16,652
Accounts receivable 2,066 2,067
Income tax receivable 1,236 451
Inventory, net 13,753 13,627
Prepaid expenses and other 7,309 6,141
Total current assets 43,188 38,938
Long-term assets    
Property and equipment, net 7,131 6,587
Intangible assets, net 983 1,115
Deferred income tax asset 2,693 3,255
Other long-term assets 1,278 1,247
TOTAL ASSETS 55,273 51,142
Current liabilities    
Accounts payable 5,180 3,813
Commissions payable 7,916 7,546
Income tax payable 592 39
Other accrued expenses 11,053 10,407
Current portion of long-term debt, net 1,454 2,000
Total current liabilities 26,195 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 1,879 1,978
Total liabilities 28,074 29,195
Commitments and contingencies — Note 12
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 14,114 and 14,073 issued and outstanding as of June 30, 2019 and 2018, respectively 1 1
Additional paid-in capital 127,096 124,663
Accumulated deficit (99,960) (102,731)
Accumulated other comprehensive income 62 14
Total stockholders’ equity 27,199 21,947
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 55,273 $ 51,142