CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Dec. 31, 2017	Jun. 30, 2017
Current Assets:
Cash and cash equivalents	$ 5,262	$ 4,205
Investments	870	718
Accounts receivable, net of allowance for doubtful accounts of $3 at December 31, 2017 and June 30, 2017, respectively	3,150	3,538
Deferred costs	10	12
Other current assets	148	86
Inventory	3,196	3,085
Notes receivable	1,150
Prepaid expenses	149	277
Total current assets	13,935	11,921
Equipment and leasehold improvements, net	1,842	1,429
Deferred income taxes, net	1,971	2,048
Goodwill		112
Intangibles, net	194	320
Notes receivable	800	450
Other assets	71	71
Total assets	18,813	16,351
Current Liabilities:
Accounts payable	923	1,159
Accrued expenses	987	1,344
Deferred revenue		19
Notes and capital leases payable	60	58
Total current liabilities	1,970	2,580
Deferred rent, net of current portion	67
Notes and capital leases payable, net of current portion	31	61
Total non-current liabilities	98	61
Total liabilities	2,068	2,641
Shareholders' equity:
Common shares; no par value; 50,000,000 shares authorized; 4,360,481 and 4,025,193 shares issued and outstanding at December 31, 2017 and June 30, 2017, respectively	19,889	17,704
Accumulated comprehensive income (loss)	(90)	33
Accumulated deficit	(3,054)	(4,027)
Total shareholders' equity	16,745	13,710
Total liabilities and shareholders' equity	$ 18,813	$ 16,351

Carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).

Name:	us-gaap_AccountsPayableCurrent
Namespace Prefix:	us-gaap_
Data Type:	xbrli:monetaryItemType
Balance Type:	credit
Period Type:	instant

- Definition

Amount due from customers or clients, within one year of the balance sheet date (or the normal operating cycle, whichever is longer), for goods or services (including trade receivables) that have been delivered or sold in the normal course of business, reduced to the estimated net realizable fair value by an allowance established by the entity of the amount it deems uncertain of collection.