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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2015
Jun. 30, 2014
CURRENT ASSETS    
Cash and cash equivalents $ 15,157 $ 13,717
Restricted cash 0 111
Accounts receivable, net of allowance for doubtful accounts of $34 and $23, respectively 6,647 4,728
Legal settlement receivable 0 1,538
Inventory 2,738 1,320
Prepaid and other current assets 733 474
TOTAL CURRENT ASSETS 25,275 21,888
PROPERTY, PLANT AND EQUIPMENT, net 3,810 3,858
INTANGIBLE ASSETS, net of accumulated amortization of $385 and $330, respectively 666 715
TOTAL ASSETS 29,751 26,461
CURRENT LIABILITIES    
Accounts payable 1,770 1,617
Accrued liabilities 1,917 1,046
Deferred revenue 1,877 1,337
TOTAL CURRENT LIABILITIES 5,564 4,000
LONG-TERM DEFERRED REVENUE, net of current portion 483 524
OTHER LONG-TERM LIABILITIES 118 33
TOTAL LIABILITIES $ 6,165 $ 4,557
COMMITMENTS AND CONTINGENCIES (Note 8)    
STOCKHOLDERS' EQUITY    
Common stock, $0.01 par value per share; 20,000,000 shares authorized; 15,575,041 and 15,460,940 shares issued, respectively and 15,383,791 and 15,299,139 shares outstanding, respectively. $ 156 $ 155
Treasury stock, at cost, 191,250 and 161,801 shares repurchased, respectively. (809) (681)
Additional paid-in capital 24,344 23,695
Accumulated deficit (105) (1,265)
TOTAL STOCKHOLDERS' EQUITY 23,586 21,904
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 29,751 $ 26,461