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CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2018
Jun. 30, 2018
CURRENT ASSETS    
Cash $ 5,149 $ 5,155
Accounts receivable, net of allowance for doubtful accounts of $110 and $102, respectively 6,800 6,370
Inventory 4,144 3,986
Contract asset 278 0
Prepaid and other current assets 741 739
TOTAL CURRENT ASSETS 17,112 16,250
PROPERTY, PLANT AND EQUIPMENT, net 6,310 6,572
LONG-TERM CONTRACT ASSET, net of current portion 60 0
OTHER ASSETS 143 149
GOODWILL 6,735 6,735
INTANGIBLE ASSETS, net 3,536 3,525
TOTAL ASSETS 33,896 33,231
CURRENT LIABILITIES    
Accounts payable 1,894 1,500
Accrued liabilities 2,042 2,061
Current maturities of long-term debt 517 537
Contract Liabilities 1,801 1,894
TOTAL CURRENT LIABILITIES 6,254 5,992
LONG-TERM CONTRACT LIABILITY, net of current portion 462 470
OTHER LONG-TERM LIABILITIES 137 130
LONG-TERM DEFERRED TAX LIABILITY 25 0
LONG-TERM DEBT, net of current portion 1,335 1,465
TOTAL LIABILITIES 8,213 8,057
COMMITMENTS AND CONTINGENCIES
STOCKHOLDERS' EQUITY    
Common stock, $0.01 par value per share; 20,000,000 shares authorized; 16,377,636 shares issued and 16,082,021 shares outstanding 164 164
Treasury stock, at cost, 295,615 shares repurchased (1,554) (1,554)
Additional paid-in capital 28,722 28,621
Accumulated deficit (1,649) (2,057)
TOTAL STOCKHOLDERS' EQUITY 25,683 25,174
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 33,896 $ 33,231