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Condensed Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
3 Months Ended
Sep. 30, 2014
Sep. 30, 2013
Cash flows from operating activities:    
Net income (loss) $ 20,566 $ (3,687)
Adjustments to reconcile net income (loss) to cash flows from operating activities:    
Amortization of intangible assets 196 192
Depreciation of property and equipment 35 39
Stock-based compensation expense 309 217
Amortization of bond premium on marketable securities 18 17
Changes in operating assets and liabilities:    
Accounts receivable and other current assets (25,323) (457)
Accounts payable and accrued expenses 235 (438)
Deferred revenue (35) 340
Deferred rent 5  
Net cash used in operating activities (3,994) (3,777)
Cash flows from investing activities:    
Purchases of marketable securities (251)  
Maturities of marketable securities 250 1,450
Purchases of property and equipment (6) (8)
Net cash (used in) provided by investing activities (7) 1,442
Cash flows from financing activities:    
Proceeds from issuance of stock, net of issuance costs   9,981
Proceeds from exercise of stock options 56  
Net cash provided by financing activities 56 9,981
Effect of foreign exchange rate changes on cash and cash equivalents (5) 1
Net (decrease) increase in cash and cash equivalents (3,950) 7,647
Cash and cash equivalents at beginning of period 15,334 6,899
Cash and cash equivalents at end of period $ 11,384 $ 14,546