XML 55 R2.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Dec. 31, 2019
Jun. 30, 2019
Current assets    
Cash and cash equivalents $ 14,479 $ 18,824
Accounts receivable 1,788 2,066
Income tax receivable 1,006 1,236
Inventory, net 14,222 13,753
Prepaid expenses and other 6,117 7,309
Total current assets 37,612 43,188
Long-term assets    
Property and equipment, net 7,586 7,131
Right-of-use assets 2,136  
Intangible assets, net 917 983
Deferred income tax asset 3,014 2,693
Equity securities 2,205  
Other long-term assets 1,548 1,278
TOTAL ASSETS 55,018 55,273
Current liabilities    
Accounts payable 3,900 5,180
Commissions payable 8,059 7,916
Income tax payable 170 592
Lease liabilities 2,270  
Other accrued expenses 10,362 11,053
Current portion of long-term debt, net 484 1,454
Total current liabilities 25,245 26,195
Lease liabilities 288  
Other long-term liabilities 387 1,879
Total liabilities 25,920 28,074
Commitments and contingencies - Note 8
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 14,293 and 14,114 issued and outstanding as of December 31, 2019 and June 30, 2019, respectively 1 1
Additional paid-in capital 125,858 127,096
Accumulated deficit (96,793) (99,960)
Accumulated other comprehensive income 32 62
Total stockholders’ equity 29,098 27,199
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 55,018 $ 55,273