Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

v2.4.0.8
Condensed Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Sep. 30, 2013
Jun. 30, 2013
Assets    
Cash $ 3,444 $ 4,414
Accounts receivable - trade 1,007 1,007
Prepaid expenses and other current assets 194 1,214
Total current assets 4,645 6,635
Fixed assets, net of accumulated depreciation of $21 and $20 as of September 30, 2013 and June 30, 2013, respectively 5 6
Intangible assets, net of accumulated amortization 2,685 2,713
Total assets 7,335 9,354
Liabilities and Stockholders’ Equity    
Accounts payable (related party of $109 and $93 as of September 30, 2013 and June 30, 2013, respectively) 1,313 2,401
Accrued expenses 340 1,885
Warrant derivative liability 0 0
Total liabilities 1,653 4,286
Commitments and contingencies      
Stockholders’ equity:    
Preferred stock - no par value; 1,000,000 shares authorized; no shares issued and outstanding as of September 30, 2013 and June 30, 2013 0 0
Common stock - $0.001 par value; 100,000,000 shares authorized; 56,692,095 shares issued and outstanding as of September 30, 2013 and June 30, 2013, respectively 57 57
Additional paid-in capital 42,782 42,547
Accumulated deficit (37,157) (37,536)
Total stockholders’ equity 5,682 5,068
Total liabilities and stockholders’ equity $ 7,335 $ 9,354