Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2015
Jun. 30, 2015
Current assets:    
Cash $ 8,384 $ 9,494
Accounts receivable - trade 480 445
Accounts receivable - unbilled 126 0
Prepaid expenses and other current assets 90 182
Total current assets 9,080 10,121
Fixed assets, net of accumulated depreciation 10 13
Intangible assets, net of accumulated amortization 2,284 2,360
Total Assets 11,374 12,494
Current liabilities:    
Accounts payable (related party of $95 and $153 as of September 30, 2015 and June 30, 2015, respectively) 1,271 1,104
Accrued expenses 294 159
Total Liabilities $ 1,565 $ 1,263
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;77,325,410 and 77,205,410 shares issued and outstanding as of September 30, 2015 and June 30, 2015, respectively 77 77
Additional paid-in capital 59,398 59,006
Accumulated other comprehensive loss (34) (25)
Accumulated deficit (49,632) (47,827)
Total Stockholders' Equity 9,809 11,231
Total Liabilities and Stockholders' Equity $ 11,374 $ 12,494