iBio Inc. Annual report pursuant to Section 13 and 15(d)

Prepaid Expenses and Other Current Assets

12 Months Ended

Jun. 30, 2013

6.	Prepaid Expenses and Other Current Assets

Prepaid expenses and other current assets consist of the following (in thousands):

	June 30, 2013			June 30, 2012
Prepaid expenses - Fraunhofer - semi-annual TTA payments	$	1,000	(1)	$	667	(2)
Prepaid expenses - Fraunhofer - other R&D projects		106			0
Other prepaid expenses		77			74
Other receivables - Fraunhofer - reimbursable patent costs		0			179	(2)
Other current assets		31			5
Total prepaid expenses and other current assets	$	1,214		$	925

(1) See Note 17 – Subsequent Events for additional information.

(2) Related party balance for the year ended June 30, 2012. See Note 15 – Related Party Transactions for additional information.