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
 9 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Cash flows from operating activities:    
Consolidated net loss $ (11,690) $ (11,809)
Adjustments to reconcile consolidated net loss to net cash used in operating activities:    
Share-based compensation 577 713
Amortization of intangible assets 256 264
Depreciation 1,020 987
Changes in operating assets and liabilities:    
Accounts receivable - trade (6) 357
Accounts receivable - unbilled 0 122
Work in process 26 (38)
Prepaid expenses and other current assets (123) (110)
Security deposit 0 3
Accounts payable 102 7
Accrued expenses (178) 37
Deferred revenue (89) 69
Net cash used in operating activities (10,105) (9,398)
Cash flows from investing activities:    
Additions to intangible assets (85) (259)
Purchases of fixed assets (712) (809)
Net cash used in investing activities (797) (1,068)
Cash flows from financing activities:    
Proceeds from sale of common stock 5,621 0
Costs to raise capital (321) 0
Proceeds from additional paid-in capital - preferred stock 1,050 0
Payment of capital lease obligation (136) (126)
Net cash provided by (used in) financing activities 6,214 (126)
Effect of exchange rate changes (2) 0
Net decrease in cash (4,690) (10,592)
Cash - beginning of period 8,088 23,014
Cash - end of period 3,398 12,422
Schedule of non-cash activities:    
Unpaid intangible assets included in accounts payable 42 197
Intangible assets included in accounts payable in prior period, paid in current period 7 0
Fixed assets included in accounts payable in prior period, paid in current period 87 71
Unpaid fixed assets included in accounts payable 141 468
Issuance of preferred stock for acquisition of additional interest in subsidiary 0 12,499
Supplemental cash flow information:    
Cash paid during the period for interest $ 1,439 $ 1,449