Quarterly report pursuant to Section 13 or 15(d)

Debt (Tables)

v2.4.0.6
Debt (Tables)
9 Months Ended
Mar. 31, 2013
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 (the "Note Payable"). The Note Payable will be fully amortized in June 2014. The outstanding principal as of March 31, 2013, and June 30, 2012, consisted of the following:
 
March 31,
2013
 
June 30,
2012
 
(In thousands)
Note payable
$
498

 
$
870

Less current portion of note payable
(411
)
 
(480
)
Long term debt, excluding current portion
$
87

 
$
390

Minimum Future Principal Maturities
As of March 31, 2013, the minimum future principal maturities of long term debt were as follows:
 
Total
 
(In thousands)
One year
$
411

Two years
87

Total
$
498