XML 12 R2.htm IDEA: XBRL DOCUMENT v3.23.3
Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2023
Jun. 30, 2023
Current assets    
Cash and cash equivalents $ 13,090 $ 14,208
Short-term investments 25,863 27,919
Accounts receivable 391 225
Inventory, net:    
Raw materials 1,560 1,379
Work-in-process 287 243
Finished goods 343 373
Income tax receivable 0 1
Prepaid expenses and other current assets 296 365
Total current assets 41,830 44,713
Property and equipment, net 2,545 2,670
Operating lease assets 226 262
Other assets, net 31 30
Total assets 44,632 47,675
Current liabilities    
Accounts payable 646 546
Payroll related accruals 567 633
Accrued expenses and other liabilities 723 1,170
Lease liabilities, current 312 316
Total current liabilities 2,248 2,665
Accrued expenses and other liabilities, net of current portion 39 0
Lease liabilities, net of current portion 228 291
Total liabilities 2,515 2,956
Commitments and contingencies (Note 13)
Stockholders’ equity    
Convertible preferred stock, $0.001 par value, 2,500,000 shares authorized; 280,898 shares of Series D issued and outstanding at September 30, 2023 and June 30, 2023, respectively 0 0
Common stock, $0.001 par value, 250,000,000 shares authorized at September 30, 2023 and June 30, 2023, respectively; 1,712,045 and 1,692,045 shares issued at September 30, 2023 and June 30, 2023, respectively; 1,701,729 and 1,681,729 outstanding at September 30, 2023 and June 30, 2023, respectively 190,643 190,643
Treasury shares, 10,316 at September 30, 2023 and June 30, 2023, respectively (119) (119)
Additional paid-in capital 81,366 81,002
Accumulated deficit (228,266) (225,354)
Accumulated other comprehensive loss (1,507) (1,453)
Total stockholders’ equity 42,117 44,719
Total liabilities and stockholders’ equity $ 44,632 $ 47,675