| Jun'19 | Jun'18 | Jun'17 | Jun'16 | Jun'15 | Jun'14 | Jun'13 | Jun'12 | Jun'11 |
|---|---|---|---|---|---|---|---|---|
Cash flows from operating activities: | ||||||||
Net loss | ||||||||
-7,534 | -13,251 | -11,756 | -13,434 | 10,655 | -5,868 | -723 | -3,333 | -5,981 |
Less: Income from discontinued operations | ||||||||
- | - | - | - | 20,601 | 457 | - | - | - |
Net loss from continuing operations | ||||||||
- | - | - | - | -9,946 | -6,325 | - | - | - |
Adjustments to reconcile net loss to net cash used in operating activities: | ||||||||
Stock-based compensation | ||||||||
305 | 450 | 1,134 | 551 | 5,028 | 646 | 31 | 1,007 | 1,195 |
Reserve on notes receivable | ||||||||
- | - | - | - | - | - | - | - | 0 |
Amortization | ||||||||
6 | 16 | 20 | 33 | 0 | - | - | - | - |
Depreciation | ||||||||
262 | 749 | 711 | 525 | 320 | - | - | - | - |
Deferred income tax benefit | ||||||||
-429 | 0 | - | - | - | - | - | - | - |
Net loss on sale of available-for-sale investments | ||||||||
-31 | -124 | -60 | -14 | - | - | - | - | - |
Loss on impairment of long-lived assets | ||||||||
0 | 1,693 | 0 | - | - | - | - | - | - |
Depreciation and amortization | ||||||||
- | - | - | - | - | 306 | 2,115 | 2,243 | 2,315 |
Impairment of fixed assets | ||||||||
- | - | - | - | - | - | - | 200 | 0 |
Reserve on notes receivable | ||||||||
- | - | - | - | - | - | - | 675 | - |
Changes in assets and liabilities: | ||||||||
Accounts receivable | ||||||||
-9 | -134 | -10 | -42 | 139 | -81 | 3,391 | -503 | 3,247 |
Inventory | ||||||||
324 | 0 | - | - | - | - | - | - | - |
Income tax receivable | ||||||||
429 | 0 | - | - | - | - | - | - | - |
Cost, estimated earnings and billings, net of uncompleted contracts | ||||||||
- | - | -451 | 451 | 0 | - | - | - | - |
Accounts payable | ||||||||
48 | -147 | 22 | -161 | -598 | 667 | -545 | 2,276 | -102 |
Deferred revenue | ||||||||
- | - | - | - | - | - | -1,468 | -8,357 | 9,989 |
Other assets and liabilities | ||||||||
420 | 552 | -525 | 253 | 368 | -194 | 1,079 | 677 | -1,429 |
Income tax payable | ||||||||
- | - | 2 | -190 | 190 | 0 | - | - | - |
Net cash used in operating activities-continuing operations | ||||||||
- | - | - | - | -5,513 | -4,431 | -2,902 | - | - |
Net cash used in operating activities-discontinued operations | ||||||||
- | - | - | - | -5,345 | 3,879 | - | - | - |
Net cash used in operating activities | ||||||||
-8,475 | -10,784 | -8,821 | -13,324 | -10,858 | -552 | - | -4,109 | 9,234 |
Maturities of held-to-maturity securities | ||||||||
- | - | - | 5,927 | 2,241 | 0 | - | - | - |
Cash flows from investing activities: | ||||||||
Purchases of security investments | ||||||||
- | - | - | - | 35,418 | 0 | - | - | - |
Proceeds from sale of available-for-sale investments | ||||||||
3,345 | 7,229 | 3,744 | 4,315 | 1,500 | 0 | - | - | - |
Proceeds from maturities of securities | ||||||||
250 | 1,949 | 4,636 | - | - | - | - | - | - |
Sale of property and equipment | ||||||||
2 | 0 | - | - | - | - | - | - | - |
Purchases of property and equipment | ||||||||
0 | 19 | 499 | 809 | 2,268 | 150 | 1,847 | 1,252 | 776 |
Net cash provided by investing activities-continuing operations | ||||||||
- | - | - | 9,433 | -33,945 | -150 | -1,847 | - | - |
Net cash provided by investing activities-discontinued operations | ||||||||
- | - | - | 6,100 | 53,189 | -218 | - | - | - |
Net cash provided by investing activities | ||||||||
3,597 | 9,159 | 7,881 | 15,533 | 19,244 | -368 | - | -1,252 | -776 |
Cash flows from financing activities: | ||||||||
Repayment of State of Texas | ||||||||
- | - | - | - | 1,800 | 0 | 372 | 356 | 173 |
Payment of Texas State Funding dividend | ||||||||
- | - | - | - | 531 | - | - | - | - |
Payments for purchase of treasury stock | ||||||||
1 | 7 | 1,293 | 156 | 2,435 | 0 | - | - | - |
Proceeds from exercise of stock options | ||||||||
7 | 0 | - | - | - | - | - | - | - |
Noncontrolling interest investment in subsidiary | ||||||||
- | - | - | - | 422 | 0 | - | - | - |
Legacy term loan repayment | ||||||||
- | - | - | - | - | - | - | - | 3,356 |
Senior convertible note repayments | ||||||||
- | - | - | - | - | - | - | - | 5,111 |
State of Texas Funding | ||||||||
- | - | - | - | - | - | - | 900 | 0 |
Proceeds from issuance of stock, net of offering issuance costs | ||||||||
5,908 | 0 | 18 | 16 | 112 | 42 | 40 | 0 | 148 |
Net cash used in financing activities-continuing operations | ||||||||
- | - | - | - | -4,232 | 42 | -332 | - | - |
Net cash used in financing activities-discontinued operations | ||||||||
- | - | - | - | -5,655 | -387 | - | - | - |
Proceeds from term loan | ||||||||
- | - | - | - | - | - | - | - | 6,943 |
Net cash provided by financing activities | ||||||||
5,914 | -7 | -1,275 | -140 | -9,887 | -345 | - | 544 | -1,549 |
Net change in cash and cash equivalents and restricted cash | ||||||||
1,036 | -1,632 | - | - | - | - | - | - | - |
Reconciliation of cash and cash equivalents and restricted cash at end of period: | ||||||||
Net change in cash and cash equivalents | ||||||||
- | - | -2,215 | 2,069 | -1,501 | -1,265 | -5,081 | -4,817 | 6,909 |
Supplemental disclosures of cash flow information: | ||||||||
Cash paid for interest | ||||||||
0 | 0 | 0 | - | - | - | - | - | - |
Cash paid for interest | ||||||||
- | - | - | 0 | 62 | 235 | 249 | 243 | 381 |
Income taxes paid | ||||||||
0 | 0 | 0 | - | - | - | - | - | - |
Income taxes paid | ||||||||
- | - | - | 198 | 0 | - | - | - | - |