Annual report pursuant to Section 13 and 15(d)

Accrued Expenses

v2.4.0.8
Accrued Expenses
 12 Months Ended
Jun. 30, 2013
Payables and Accruals [Abstract]  
Accrued Expenses Disclosure [Text Block]
9.
Accrued Expenses
 
Accrued expenses consist of the following (in thousands):
 
 
 
June 30,
2013
 
 
June 30,
2012
 
Fraunhofer – semi-annual TTA payment
 
$
1,000
(1)
 
$
-
 
Fraunhofer – minimum annual royalty
 
 
700
(1)
 
 
-
(2)
Fraunhofer – other R&D projects
 
 
-
 
 
 
100
 
Consulting fees
 
 
71
 
 
 
71
 
Public company costs
 
 
45
 
 
 
-
 
Salaries and benefits
 
 
44
 
 
 
41
 
Other accrued expenses
 
 
25
 
 
 
18
 
Total accrued expenses
 
$
1,885
 
 
$
230
 
 
(1) See Note 17 – Subsequent Events for additional information.
(2) The accounts payable balance as of June 30, 2012 included $500,000 of minimum annual royalties due to Fraunhofer.