Note 8. Discontinued Operations

6 Months Ended

Dec. 31, 2015

Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]

Discontinued Operations

. Discontinued Operations

BH Holdings, S.A.S ("BHH")

On January 12, 2012 BHH initiated the filing of an insolvency declaration with the Tribunal de Commerce de Rennes, France ("Commercial Court").  The Commercial Court on January 18, 2012 opened the liquidation proceedings with continuation of BHH's activity for 3 months and named an administrator to manage BHH. Since Drew no longer had a controlling financial interest in BHH it was deconsolidated in the December 31, 2011 quarterly condensed consolidated financial statements and prior period amounts were presented as discontinued operations.

During fiscal year 2015 the Company was informed by French Counsel that the total amount claimed by the BHH landlord in the liquidation of BHH was approximately $86,000. The Company did not have insight into the French liquidation process due to the Liquidator's reticence to communicate with the Company. As such, the Company had accrued the present value of the maximum amount potentially due under the lease guaranteed by the Company on behalf of BHH. The landlord's claim under liquidation can not be revisited by the landlord and can only be potentially increased by interest or sundry expenses. The Company recorded a decreased expense of approximately $3,000 and an increase of $1,000 for the three month and six month periods ended December 31, 2015, respectively, which is included in marketing, general and administrative expense. As of December 31, 2015 and June 30, 2015, the liability was approximately $87,000 and $86,000, respectively.

Assets and liabilities of discontinued operations of BHH included in the condensed consolidated balance sheets are summarized as follows at December 31, 2015 and June 30, 2015 (in thousands):

	December 31,			June 30,
	2015			2015
Assets
Total assets	$	—		$	—
Liabilities
Accrued lease termination costs	87			86
Total liabilities	87			86
Net liabilities of discontinued operations	$	(87	)	$	(86	)

The following tables summarize the results of discontinued operations of BHH for the three months and six months ended December 31, 2015 and 2014 (in thousands):

For the three months ended December 31,	2015		2014
Revenue, net	$	—	$	—
Cost of goods sold	—		—
Marketing, general and administrative	—		—
Research & development	—		—
Total costs and expenses	—		—
Other income	—		3
Net income	$	—	$	3

For the six months ended December 31,	2015		2014
Revenue, net	$	—	$	—
Cost of goods sold	—		—
Marketing, general and administrative	—		19
Research & development	—		—
Total costs and expenses	—		19
Other income	—		3
Net loss	$	—	$	(16	)

BH Holdings, S.A.S [Member]

Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]

Schedule of Discontinued Operations

BH Holdings, S.A.S ("BHH")

On January 12, 2012 BHH initiated the filing of an insolvency declaration with the Tribunal de Commerce de Rennes, France ("Commercial Court").  The Commercial Court on January 18, 2012 opened the liquidation proceedings with continuation of BHH's activity for 3 months and named an administrator to manage BHH. Since Drew no longer had a controlling financial interest in BHH it was deconsolidated in the December 31, 2011 quarterly condensed consolidated financial statements and prior period amounts were presented as discontinued operations.

During fiscal year 2015 the Company was informed by French Counsel that the total amount claimed by the BHH landlord in the liquidation of BHH was approximately $86,000. The Company did not have insight into the French liquidation process due to the Liquidator's reticence to communicate with the Company. As such, the Company had accrued the present value of the maximum amount potentially due under the lease guaranteed by the Company on behalf of BHH. The landlord's claim under liquidation can not be revisited by the landlord and can only be potentially increased by interest or sundry expenses. The Company recorded a decreased expense of approximately $3,000 and an increase of $1,000 for the three month and six month periods ended December 31, 2015, respectively, which is included in marketing, general and administrative expense. As of December 31, 2015 and June 30, 2015, the liability was approximately $87,000 and $86,000, respectively.

Assets and liabilities of discontinued operations of BHH included in the condensed consolidated balance sheets are summarized as follows at December 31, 2015 and June 30, 2015 (in thousands):

	December 31,			June 30,
	2015			2015
Assets
Total assets	$	—		$	—
Liabilities
Accrued lease termination costs	87			86
Total liabilities	87			86
Net liabilities of discontinued operations	$	(87	)	$	(86	)

ECD [Member]

Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]

Schedule of Discontinued Operations

The following tables summarize the results of discontinued operations of BHH for the three months and six months ended December 31, 2015 and 2014 (in thousands):

For the three months ended December 31,	2015		2014
Revenue, net	$	—	$	—
Cost of goods sold	—		—
Marketing, general and administrative	—		—
Research & development	—		—
Total costs and expenses	—		—
Other income	—		3
Net income	$	—	$	3

For the six months ended December 31,	2015		2014
Revenue, net	$	—	$	—
Cost of goods sold	—		—
Marketing, general and administrative	—		19
Research & development	—		—
Total costs and expenses	—		19
Other income	—		3
Net loss	$	—	$	(16	)