XML 59 R5.htm IDEA: XBRL DOCUMENT v2.4.0.6
Condensed Statements Of Cash Flows (USD $)
3 Months Ended
Sep. 30, 2012
Sep. 30, 2011
OPERATING ACTIVITIES    
Net loss $ (1,069,000) $ (1,384,000)
Adjustments to reconcile net loss to net cash provided by operating activities:    
Depreciation and amortization 172,000 139,000
Employee stock-based compensation expense 58,000 87,000
Provision for bad debts (12,000)  
Loss on disposal of assets   10,000
Accretion expense on deferred acquisition payments 170,000 56,000
Net adjustment to acquisition consideration (154,000)  
Deferred income taxes 11,000  
Change in operating assets and liabilities:    
Accounts receivable 48,000 (433,000)
Inventories (624,000) 348,000
Prepaids and other assets (23,000) (105,000)
Accounts payable 1,159,000 (75,000)
Accrued expenses and deferred income (150,000) 277,000
Net cash used for operating activities (414,000) (1,080,000)
INVESTING ACTIVITIES    
Purchase of property and equipment (4,000) (5,000)
Acquisition of business   (500,000)
Purchases of intellectual property (5,000)  
Net cash used for investing activities (9,000) (505,000)
FINANCING ACTIVITIES    
Proceeds from stock option exercises   79,000
Issuance of common stock 3,873,000  
Net cash provided by financing activities 3,873,000 79,000
NET INCREASE/(DECREASE) IN CASH AND CASH EQUIVALENTS 3,450,000 (1,506,000)
CASH AND CASH EQUIVALENTS    
Beginning of period 1,899,000 [1] 3,061,000
End of period 5,349,000 1,555,000
Supplemental cash-flow information    
Income taxes paid during the period 15,000 11,000
Net carrying amount of inventory transferred to property and equipment 56,000 36,000
Non-cash consideration for acquisition   $ 6,532,000
[1] The Balance Sheet at June 30, 2012 has been derived from the audited financial statements at that date but does not include all of the information and footnotes required by generally accepted accounting principles for complete financial statements.