Income Taxes

3 Months Ended

Sep. 30, 2016

Income Tax Disclosure [Abstract]

Income Taxes

11. Income Taxes

For the three months ended September 30, 2016 and 2015, the Company recorded an income tax benefit from continuing operations of $26,000 and $168,000, respectively.

For the three months ended September 30, 2016 and 2015, the effective rate of (4.7%) and (43.3)%, respectively, on continuing operations varied from the U.S. federal statutory rate primarily due to permanent book tax differences, state taxes and tax credits.

As of September 30, 2016 and June 30, 2016, the Company has no material unrecognized tax benefits or accrued interest and penalties.