Consolidated Balance Sheets
(in thousands, except share data)
| December 30, 2018 | June 30, 2018 | |||||||
| ASSETS | ||||||||
| Current assets: | ||||||||
| Cash | $ | 249 | $ | 365 | ||||
| Accounts receivable, net | 10,044 | 11,103 | ||||||
| Inventories, net | 14,815 | 12,102 | ||||||
| Prepaid expenses and other current assets | 1,105 | 2,781 | ||||||
| Current assets of discontinued operations | 3,444 | 547 | ||||||
| Total current assets | 29,657 | 26,898 | ||||||
| Property and equipment, net | 36,067 | 36,879 | ||||||
| Goodwill | 6,412 | 6,412 | ||||||
| Intangible assets, net | 14,582 | 16,270 | ||||||
| Other | 353 | 347 | ||||||
| Long-term assets of discontinued operations | — | 3,127 | ||||||
| Total assets | $ | 87,071 | $ | 89,933 | ||||
| LIABILITIES AND STOCKHOLDERS' EQUITY | ||||||||
| Current liabilities: | ||||||||
| Accounts payable | $ | 11,050 | $ | 11,345 | ||||
| Accrued expenses and other current liabilities | 2,121 | 2,000 | ||||||
| Deferred revenue | 561 | 825 | ||||||
| Bank borrowings, current portion of long-term debt | 1,704 | 1,721 | ||||||
| Capital lease obligations, current portion | 1,278 | 456 | ||||||
| Accrued escrow obligations, current portion | 776 | 943 | ||||||
| Current liabilities of discontinued operations | 1,364 | 1,422 | ||||||
| Total current liabilities | 18,854 | 18,712 | ||||||
| Long-term debt, net of current portion | 38,892 | 37,013 | ||||||
| Capital lease obligations, net of current portion | 1,273 | 617 | ||||||
| Other long-term liabilities | 967 | 965 | ||||||
| Long-term liabilities of discontinued operations | — | 462 | ||||||
| Total liabilities | 59,986 | 57,769 | ||||||
| Commitments and contingencies (Note 11) | ||||||||
| Stockholders' Equity: | ||||||||
| Preferred stock, $0.001 par value, 2,000,000 shares authorized, no shares issued and outstanding | — | — | ||||||
| Common stock, $0.0005 par value, 250,000,000 shares authorized; 23,357,879 shares issued and 23,349,478 shares issued and
outstanding at December 30, 2018, and 23,324,316 shares issued and 23,315,915 shares issued and outstanding at June 30, 2018 | 12 | 12 | ||||||
| Treasury stock, at cost; 8,401 shares at December 30, 2018 and June 30, 2018 | (94 | ) | (94 | ) | ||||
| Additional paid-in capital | 42,027 | 41,829 | ||||||
| Accumulated deficit | (14,866 | ) | (9,627 | ) | ||||
| Accumulated other comprehensive income | 6 | 44 | ||||||
| Total stockholders' equity | 27,085 | 32,164 | ||||||
| Total liabilities and stockholders' equity | $ | 87,071 | $ | 89,933 | ||||
