Quarterly report pursuant to Section 13 or 15(d)

Debt (Tables)

v2.4.0.6
Debt (Tables)
 3 Months Ended
Sep. 30, 2012
Debt Disclosure [Abstract]  
Schedule of Long-term Debt Instruments
Long term debt relates to a $1.7 million note payable re-issued in January 2011. This note will be fully amortized in June 2014. The outstanding principal as of September 30, 2012, and June 30, 2012, consisted of the following:
 
September 30,
2012
 
June 30,
2012
 
(In thousands)
Note payable
$
738

 
$
870

Less current portion of note payable
(456
)
 
(480
)
Long term debt, excluding current portion
$
282

 
$
390

Minimum Future Principal Maturities
As of September 30, 2012, the minimum future principal maturities of long term debt were as follows:
 
September 30, 2012
 
(In thousands)
One year
$
456

Two years
282

Total
$
738