Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Cash Flows

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Condensed Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
 6 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Cash flows from operating activities:    
Net loss $ (1,245) $ (3,123)
Adjustments to reconcile net loss to net cash used in operating activities:    
Effect of Settlement Agreement (1,863) 0
Share-based compensation 510 670
Amortization of intangible assets 175 1
Depreciation 1 165
Loss on disposal of fixed assets 1 0
Change in fair value of derivative financial liability 0 (394)
Changes in operating assets and liabilities 216 (13)
Net cash used in operating activities (2,205) (2,694)
Cash flows from investing activities:    
Additions to intangible assets (82) (108)
Purchases of fixed assets 0 (3)
Net cash used in investing activities (82) (111)
Cash flows from financing activities:    
Proceeds from sale of common stock 480 0
Proceeds from exercise of warrants 3,100 0
Costs to raise capital (29) 0
Net cash provided by financing activities 3,551 0
Net increase (decrease) in cash 1,264 (2,805)
Cash - beginning of period 4,414 5,624
Cash - end of period 5,678 2,819
Schedule of non-cash activities    
Unpaid intangible assets included in accounts payable 54 0
Expiration of warrants $ 70 $ 0