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CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Dec. 31, 2018
Jun. 30, 2018
CURRENT ASSETS    
Cash $ 6,414 $ 5,155
Accounts receivable, net of allowance for doubtful accounts of $117 and $102, respectively 7,294 6,370
Inventory 4,421 3,986
Contract asset 250 0
Prepaid and other current assets 717 739
TOTAL CURRENT ASSETS 19,096 16,250
PROPERTY, PLANT AND EQUIPMENT, net 6,185 6,572
CONTRACT ASSET, net of current portion 37 0
OTHER ASSETS 144 149
GOODWILL 6,735 6,735
INTANGIBLE ASSETS, net 3,423 3,525
TOTAL ASSETS 35,620 33,231
CURRENT LIABILITIES    
Accounts payable 2,554 1,500
Accrued liabilities 2,052 2,061
Current maturities of long-term debt 517 537
Contract liability 2,132 1,894
TOTAL CURRENT LIABILITIES 7,255 5,992
CONTRACT LIABILITY, net of current portion 337 470
OTHER LIABILITIES 98 130
DEFERRED TAX LIABILITY 171 0
LONG-TERM DEBT, net of current portion 1,207 1,465
TOTAL LIABILITIES 9,068 8,057
COMMITMENTS AND CONTINGENCIES
STOCKHOLDERS' EQUITY    
Common stock, $0.01 par value per share; 40,000,000 and 20,000,000 shares authorized, respectively; 16,430,628 and 16,377,636 shares issued, respectively and 16,135,013 and 16,082,021 shares outstanding, respectively 165 164
Treasury stock, at cost, 295,615 shares repurchased (1,554) (1,554)
Additional paid-in capital 28,811 28,621
Accumulated deficit (870) (2,057)
TOTAL STOCKHOLDERS' EQUITY 26,552 25,174
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 35,620 $ 33,231