XML 24 R2.htm IDEA: XBRL DOCUMENT v2.4.1.9
Consolidated Balance Sheets (Current Period Unaudited) (USD $)
Dec. 31, 2014
Jun. 30, 2014
Current assets:    
Cash $ 2,817,000us-gaap_CashAndCashEquivalentsAtCarryingValue $ 9,557,000us-gaap_CashAndCashEquivalentsAtCarryingValue
Accounts receivable, less allowance of $190,000 as of December 31, 2014 and $211,000 as of June 30, 2014 13,805,000us-gaap_AccountsReceivableNetCurrent 15,290,000us-gaap_AccountsReceivableNetCurrent
Income tax receivable 1,157,000us-gaap_IncomeTaxesReceivable 1,088,000us-gaap_IncomeTaxesReceivable
Other receivables 774,000us-gaap_OtherReceivablesNetCurrent 922,000us-gaap_OtherReceivablesNetCurrent
Inventory 168,000us-gaap_InventoryNet 101,000us-gaap_InventoryNet
Prepaid expenses and other current assets 565,000us-gaap_PrepaidExpenseAndOtherAssetsCurrent 2,021,000us-gaap_PrepaidExpenseAndOtherAssetsCurrent
Deferred tax assets 59,000us-gaap_DeferredTaxAssetsLiabilitiesNetCurrent 119,000us-gaap_DeferredTaxAssetsLiabilitiesNetCurrent
Total current assets 19,345,000us-gaap_AssetsCurrent 29,098,000us-gaap_AssetsCurrent
Property and equipment:    
Computer software and equipment 5,746,000us-gaap_CapitalizedComputerSoftwareGross 8,160,000us-gaap_CapitalizedComputerSoftwareGross
Office furniture and equipment 1,542,000us-gaap_FurnitureAndFixturesGross 1,444,000us-gaap_FurnitureAndFixturesGross
Leasehold improvements 570,000us-gaap_LeaseholdImprovementsGross 579,000us-gaap_LeaseholdImprovementsGross
7,858,000us-gaap_PropertyPlantAndEquipmentGross 10,183,000us-gaap_PropertyPlantAndEquipmentGross
Less accumulated depreciation and amortization (6,647,000)us-gaap_AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment (7,600,000)us-gaap_AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
1,211,000us-gaap_PropertyPlantAndEquipmentNet 2,583,000us-gaap_PropertyPlantAndEquipmentNet
Goodwill 16,629,000us-gaap_Goodwill 16,758,000us-gaap_Goodwill
Deferred income taxes 4,519,000us-gaap_DeferredTaxAssetsNetNoncurrent 4,732,000us-gaap_DeferredTaxAssetsNetNoncurrent
Other assets 343,000us-gaap_OtherAssetsNoncurrent 223,000us-gaap_OtherAssetsNoncurrent
Total assets 47,028,000us-gaap_Assets 58,757,000us-gaap_Assets
Current liabilities:    
Current portion of long-term debt 3,150,000us-gaap_NotesPayableCurrent  
Accounts payable and accrued expenses 10,587,000us-gaap_AccountsPayableAndAccruedLiabilitiesCurrent 8,901,000us-gaap_AccountsPayableAndAccruedLiabilitiesCurrent
Accrued compensation and related benefits 1,723,000us-gaap_EmployeeRelatedLiabilitiesCurrent 1,973,000us-gaap_EmployeeRelatedLiabilitiesCurrent
Deferred revenue 3,497,000us-gaap_DeferredRevenueCurrent 4,227,000us-gaap_DeferredRevenueCurrent
Obligations under capital leases 3,000us-gaap_CapitalLeaseObligationsCurrent 188,000us-gaap_CapitalLeaseObligationsCurrent
Income taxes payable   796,000us-gaap_TaxesPayableCurrent
Total current liabilities 18,960,000us-gaap_LiabilitiesCurrent 16,085,000us-gaap_LiabilitiesCurrent
Long-term liabilities:    
Term note payable, long-term 17,063,000us-gaap_LongTermNotesPayable  
Obligations under capital leases   147,000us-gaap_CapitalLeaseObligationsNoncurrent
Other long-term liabilities   205,000us-gaap_DeferredTaxLiabilitiesNoncurrent
Total liabilities 36,023,000us-gaap_Liabilities 16,437,000us-gaap_Liabilities
Stockholders’ equity:    
Convertible Preferred Stock, $0.01 par value; 1,300,537 shares authorized, 1,298,728 shares issued; 343,506 and 385,357 shares outstanding with an aggregate liquidation preference of $883,000 and $1,093,000 at December 31, 2014 and June 30, 2014, respectively (Note 8) 3,000us-gaap_ConvertiblePreferredStockNonredeemableOrRedeemableIssuerOptionValue 4,000us-gaap_ConvertiblePreferredStockNonredeemableOrRedeemableIssuerOptionValue
Common stock, $0.01 par value; 80,000,000 shares authorized; issued and outstanding shares of 29,479,525 and 54,491,296 at December 31, 2014 and June 30, 2014, respectively 295,000us-gaap_CommonStockValue 545,000us-gaap_CommonStockValue
Additional paid-in capital 35,577,000us-gaap_AdditionalPaidInCapital 66,028,000us-gaap_AdditionalPaidInCapital
Accumulated deficit (25,955,000)us-gaap_RetainedEarningsAccumulatedDeficit (25,205,000)us-gaap_RetainedEarningsAccumulatedDeficit
Accumulated other comprehensive income 1,085,000us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax 948,000us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax
Total stockholders’ equity 11,005,000us-gaap_StockholdersEquity 42,320,000us-gaap_StockholdersEquity
Total liabilities and stockholders’ equity 47,028,000us-gaap_LiabilitiesAndStockholdersEquity 58,757,000us-gaap_LiabilitiesAndStockholdersEquity
Customer Lists [Member]    
Property and equipment:    
Customer list, net of accumulated amortization of $7,404,000 as of December 31, 2014 and $7,173,000 as of June 30, 2014 2,750,000us-gaap_FiniteLivedIntangibleAssetsNet
/ us-gaap_FiniteLivedIntangibleAssetsByMajorClassAxis
= us-gaap_CustomerListsMember
2,981,000us-gaap_FiniteLivedIntangibleAssetsNet
/ us-gaap_FiniteLivedIntangibleAssetsByMajorClassAxis
= us-gaap_CustomerListsMember
Trade Names [Member]    
Property and equipment:    
Customer list, net of accumulated amortization of $7,404,000 as of December 31, 2014 and $7,173,000 as of June 30, 2014 $ 2,231,000us-gaap_FiniteLivedIntangibleAssetsNet
/ us-gaap_FiniteLivedIntangibleAssetsByMajorClassAxis
= us-gaap_TradeNamesMember
$ 2,382,000us-gaap_FiniteLivedIntangibleAssetsNet
/ us-gaap_FiniteLivedIntangibleAssetsByMajorClassAxis
= us-gaap_TradeNamesMember