Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Cash Flows

v3.8.0.1
Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 6 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Cash flows from operating activities:    
Consolidated net loss $ (7,727) $ (7,404)
Adjustments to reconcile consolidated net loss to net cash used in operating activities:    
Share-based compensation 394 506
Amortization of intangible assets 169 176
Depreciation 679 650
Changes in operating assets and liabilities:    
Accounts receivable - trade 39 459
Accounts receivable - unbilled 0 47
Work in process 26 (5)
Prepaid expenses and other current assets (94) (28)
Security deposit 0 1
Accounts payable (163) (255)
Accrued expenses 206 (15)
Deferred revenue (134) 31
Net cash used in operating activities (6,605) (5,837)
Cash flows from investing activities:    
Additions to intangible assets (35) (226)
Purchases of fixed assets (277) (539)
Net cash used in investing activities (312) (765)
Cash flows from financing activities:    
Proceeds from sale of common stock 5,500 0
Costs to raise capital (321) 0
Proceeds from additional paid-in capital - preferred stock 1,050 0
Payment of capital lease obligation (90) (83)
Net cash provided by (used in) financing activities 6,139 (83)
Net decrease in cash (778) (6,685)
Cash - beginning of period 8,088 23,014
Cash - end of period 7,310 16,329
Schedule of non-cash activities:    
Unpaid intangible assets included in accounts payable 22 197
Intangible assets included in accounts payable in prior period, paid in current period 11 0
Fixed assets included in accounts payable in prior period, paid in current period 87 71
Unpaid fixed assets included in accounts payable 188 61
Supplemental cash flow information:    
Cash paid during the period for interest $ 960 $ 966