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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2021
Jun. 30, 2020
Current assets    
Cash and cash equivalents $ 18,955 $ 22,138
Accounts receivable 3,307 2,610
Income tax receivable 764 0
Inventory, net 14,820 13,888
Prepaid expenses and other 5,774 5,232
Total current assets 43,620 43,868
Long-term assets    
Property and equipment, net 11,428 7,170
Right-of-use assets 13,579 956
Intangible assets, net 752 851
Deferred income tax asset 1,823 2,164
Equity securities 2,205 2,205
Other long-term assets 1,712 1,663
TOTAL ASSETS 75,119 58,877
Current liabilities    
Accounts payable 5,161 3,521
Commissions payable 7,929 9,219
Income tax payable 358 784
Lease liabilities 1,639 1,184
Other accrued expenses 7,190 10,311
Total current liabilities 22,277 25,019
Long-term lease liabilities 16,195 0
Other long-term liabilities 1,019 604
Total liabilities 39,491 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 13,989 and 14,313 issued and outstanding as of March 31, 2021 and June 30, 2020, respectively 1 1
Additional paid-in capital 128,842 126,416
Accumulated deficit (93,320) (93,307)
Accumulated other comprehensive income 105 144
Total stockholders’ equity 35,628 33,254
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 75,119 $ 58,877