Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

v3.3.1.900
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2015
Jun. 30, 2015
Current assets:    
Cash $ 6,732 $ 9,494
Accounts receivable - trade 202 445
Accounts receivable - unbilled 15 0
Prepaid expenses and other current assets 252 182
Total current assets 7,201 10,121
Fixed assets, net of accumulated depreciation 14 13
Intangible assets, net of accumulated amortization 2,201 2,360
Total Assets 9,416 12,494
Current liabilities:    
Accounts payable (related party of $178 and $153 as of December 31, 2015 and June 30, 2015, respectively 1,334 1,104
Accrued expenses 188 159
Deferred revenue 16 0
Total Liabilities $ 1,538 $ 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 December 31, 2015 and June 30, 2015, respectively 77 77
Additional paid-in capital 59,712 59,006
Accumulated other comprehensive loss (33) (25)
Accumulated deficit (51,878) (47,827)
Total Stockholders' Equity 7,878 11,231
Total Liabilities and Stockholders' Equity $ 9,416 $ 12,494