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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2019
Jun. 30, 2019
Current assets    
Cash and cash equivalents $ 13,009 $ 18,824
Accounts receivable 2,123 2,066
Income tax receivable 1,850 1,236
Inventory, net 14,776 13,753
Prepaid expenses and other 10,599 7,309
Total current assets 42,357 43,188
Long-term assets    
Property and equipment, net 7,380 7,131
Right-of-use assets 2,706  
Intangible assets, net 950 983
Deferred income tax asset 1,325 2,693
Other long-term assets 1,282 1,278
TOTAL ASSETS 56,000 55,273
Current liabilities    
Accounts payable 5,148 5,180
Commissions payable 7,865 7,916
Income tax payable 150 592
Lease liabilities 2,539  
Other accrued expenses 8,636 11,053
Current portion of long-term debt, net 969 1,454
Total current liabilities 25,307 26,195
Lease liabilities 680  
Other long-term liabilities 389 1,879
Total liabilities 26,376 28,074
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 14,034 and 14,114 issued and outstanding as of September 30, 2019 and June 30, 2019, respectively 1 1
Additional paid-in capital 128,661 127,096
Accumulated deficit (99,084) (99,960)
Accumulated other comprehensive income 46 62
Total stockholders’ equity 29,624 27,199
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 56,000 $ 55,273
Preferred stock, shares outstanding (in shares) 0 0
Preferred stock, par value (USD per share) $ 0.0001 $ 0.0001
Preferred stock, shares authorized (in shares) 5,000,000 5,000,000
Preferred stock, shares issued (in shares) 0 0
Common stock, par value (USD per share) $ 0.0001 $ 0.0001
Common stock, shares authorized (in shares) 40,000,000 40,000,000