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, 2014
Jun. 30, 2014
Current assets:    
Cash $ 3,486 $ 3,590
Accounts receivable - trade 0 205
Accounts receivable - unbilled 555 0
Prepaid expenses and other current assets 80 118
Total Current Assets 4,121 3,913
Fixed assets, net of accumulated depreciation 20 6
Intangible assets, net of accumulated amortization 2,516 2,575
Total Assets 6,657 6,494
Current liabilities:    
Accounts payable (related party of $222 and $38 as of September 30, 2014 and June 30, 2014, respectively) 516 297
Accrued expenses 702 98
Total Current Liabilities 1,218 395
Total Liabilities 1,218 395
Commitments and Contingencies      
Stockholders' Equity    
Preferred stock - no par value; 1,000,000 shares authorized; no shares issued and outstanding 0 0
Common stock - $0.001 par value; 175,000,000 shares authorized; 67,460,267 and 65,642,095 shares issued and outstanding as of September 30, 2014 and June 30, 2014, respectively 68 66
Additional paid-in capital 47,986 47,235
Accumulated other comprehensive loss (3) 0
Accumulated deficit (42,612) (41,202)
Total Stockholders' Equity 5,439 6,099
Total Liabilities and Stockholders' Equity $ 6,657 $ 6,494