Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Cash Flows

v3.6.0.2
Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 6 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Cash flows from operating activities:    
Consolidated net loss $ (7,404) $ (4,051)
Adjustments to reconcile consolidated net loss to net cash used in operating activities:    
Share-based compensation 506 643
Amortization of intangible assets 176 182
Depreciation 650 2
Loss on abandonment of intangible assets 0 17
Changes in operating assets and liabilities:    
Accounts receivable - trade 459 243
Accounts receivable - unbilled 47 (15)
Work in process (5) 0
Prepaid expenses and other current assets (28) (70)
Security deposit 1 0
Accounts payable (255) 190
Accrued expenses (15) 29
Deferred revenue 31 16
Net cash used in operating activities (5,837) (2,814)
Cash flows from investing activities:    
Additions to intangible assets (226) 0
Purchases of fixed assets (539) (5)
Net cash used in investing activities (765) (5)
Cash flows from financing activities:    
Payment of capital lease obligation (83) 0
Proceeds from exercise of warrants 0 63
Net cash (used in) provided by financing activities (83) 63
Effect of exchange rate changes 0 (6)
Net decrease in cash (6,685) (2,762)
Cash - beginning of period 23,014 9,494
Cash - end of period 16,329 6,732
Schedule of non-cash activities:    
Unpaid intangible assets included in accounts payable 197 40
Fixed assets included in accounts payable in FY 2016, paid in FY 2017 71 0
Unpaid fixed assets included in accounts payable 61 0
Supplemental cash flow information:    
Cash paid during the period for interest $ 966 $ 0