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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2020
Jun. 30, 2020
Current assets    
Cash and cash equivalents $ 17,960 $ 22,138
Accounts receivable 2,342 2,610
Income tax receivable 98 0
Inventory, net 14,798 13,888
Prepaid expenses and other 5,835 5,232
Total current assets 41,033 43,868
Long-term assets    
Property and equipment, net 7,033 7,170
Right-of-use assets 14,554 956
Intangible assets, net 818 851
Deferred income tax asset 2,418 2,164
Equity securities 2,205 2,205
Other long-term assets 2,151 1,663
TOTAL ASSETS 70,212 58,877
Current liabilities    
Accounts payable 4,733 3,521
Commissions payable 7,841 9,219
Income tax payable 603 784
Lease liabilities 2,299 1,184
Other accrued expenses 6,544 10,311
Total current liabilities 22,020 25,019
Lease liabilities 13,160 0
Other long-term liabilities 896 604
Total liabilities 36,076 25,623
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 14,238 and 14,313 issued and outstanding as of September 30, 2020 and June 30, 2020, respectively 1 1
Additional paid-in capital 126,687 126,416
Accumulated deficit (92,856) (93,307)
Accumulated other comprehensive income 304 144
Total stockholders’ equity 34,136 33,254
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 70,212 $ 58,877