|
Condensed Balance Sheets (Unaudited) (USD $)
|
Sep. 30, 2012
|
Jun. 30, 2012
|
| Current assets: |
|
|
| Cash and cash equivalents |
$ 8,753,000 |
$ 7,879,000 |
| Accounts receivable, net of allowance for doubtful accounts of $29,000 ($30,000 at June 30, 2012) |
3,515,000 |
4,558,000 |
| Inventories |
6,209,000 |
6,290,000 |
| Prepaid expenses and other current assets |
366,000 |
338,000 |
| Total current assets |
18,843,000 |
19,065,000 |
| Equipment at cost, less accumulated depreciation of $3,544,000 ($3,476,000 at June 30, 2012) |
1,634,000 |
1,652,000 |
| Intangible asset |
277,000 |
315,000 |
| Other assets |
48,000 |
48,000 |
| Total Assets |
20,802,000 |
21,080,000 |
| Current liabilities: |
|
|
| Accounts payable |
1,505,000 |
2,772,000 |
| Accrued payroll and related expenses |
581,000 |
607,000 |
| Deferred revenue |
409,000 |
424,000 |
| Other current liabilities |
1,196,000 |
1,228,000 |
| Total current liabilities |
3,691,000 |
5,031,000 |
| Deferred revenue |
55,000 |
55,000 |
| Other non-current liabilities |
74,000 |
96,000 |
| Commitments and contingencies (Footnote 3) |
|
|
| Stockholders' equity: |
|
|
| Preferred stock, $0.001 par value; 2,000,000 shares authorized; none outstanding |
0 |
0 |
| Common stock, $0.001 par value; 80,000,000 shares authorized; 16,522,310 issued and outstanding (16,413,066 at June 30, 2012) |
16,000 |
16,000 |
| Paid in capital in excess of par |
127,076,000 |
126,987,000 |
| Accumulated deficit |
(110,110,000) |
(111,105,000) |
| Total stockholders' equity |
16,982,000 |
15,898,000 |
| Total liabilities and stockholders equity |
$ 20,802,000 |
$ 21,080,000 |