Truett-Hurst (THST) 10-Q 13 May 16 2016 Q3 Quarterly report Financial data

Document And Entity Information

Document And Entity Information	9 Months Ended
	Mar. 31, 2016shares
Document Information [Line Items]
Entity Registrant Name	Truett-Hurst, Inc.
Entity Central Index Key	1,564,709
Current Fiscal Year End Date	--06-30
Entity Filer Category	Smaller Reporting Company
Document Fiscal Year Focus	2,016
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Mar. 31, 2016
Document Fiscal Period Focus	Q3
Trading Symbol	THST
Entity Common Stock, Shares Outstanding	4,279,470

CONDENSED CONSOLIDATED BALANCE

CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Mar. 31, 2016	Jun. 30, 2015
Current assets:
Cash and cash equivalents	$ 4,870	$ 1,578
Accounts receivable	1,722	2,783
Inventories, net	19,791	22,080
Bulk wine deposits	940	345
Assets held for sale	0	173
Other current assets	261	311
Total current assets	27,584	27,270
Property and equipment, net	5,716	5,743
Intangible assets, net	498	482
Other assets, net	426	408
Total assets	34,224	33,903
Current liabilities:
Credit facilities	10,055	9,034
Accounts payable and accrued expenses	3,166	4,056
Accrual for sales returns	514	524
Due to related parties	96	134
Liabilities held for sale	0	140
Current maturities of long term debt	472	368
Total current liabilities	14,303	14,256
Deferred rent liability	20	26
Long term debt, net of current maturities	3,295	3,272
Total liabilities	$ 17,618	$ 17,554
Commitments and contingencies (Note 9)
Stockholders’ equity:
Preferred stock, par value of $0.001 per share, 5,000,000 shares authorized, none issued and outstanding at March 31, 2016 and June 30, 2015	$ 0	$ 0
Additional paid-in capital	14,892	14,618
Accumulated deficit	(5,428)	(5,356)
Total Truett-Hurst, Inc. equity	9,468	9,266
Noncontrolling interest	7,138	7,083
Total equity	16,606	16,349
Total liabilities and equity	34,224	33,903
Common Class A [Member]
Stockholders’ equity:
Common Stock, Value	4	4
Common Class B [Member]
Stockholders’ equity:
Common Stock, Value	$ 0	$ 0

CONDENSED CONSOLIDATED BALANCE3

CONDENSED CONSOLIDATED BALANCE SHEETS [Parenthetical] - $ / shares	Mar. 31, 2016	Jun. 30, 2015
Preferred Stock, Par or Stated Value Per Share (In dollars per share)	$ 0.001	$ 0.001
Preferred Stock, Shares Authorized	5,000,000	5,000,000
Preferred Stock, Shares Issued	0	0
Preferred Stock, Shares Outstanding	0	0
Common Class A [Member]
Common Stock, Par or Stated Value Per Share (in dollars per share)	$ 0.001	$ 0.001
Common Stock, Shares Authorized	15,000,000	15,000,000
Common Stock, Shares Issued	4,279,470	4,010,120
Common Stock, Shares Outstanding	4,279,470	4,010,120
Common Class B [Member]
Common Stock, Par or Stated Value Per Share (in dollars per share)	$ 0.001	$ 0.001
Common Stock, Shares Authorized	1,000	1,000
Common Stock, Shares Issued	7	8
Common Stock, Shares Outstanding	7	8

CONDENSED CONSOLIDATED STATEMEN

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Mar. 31, 2016	Mar. 31, 2015	Mar. 31, 2016	Mar. 31, 2015
Sales	$ 5,090	$ 4,867	$ 20,367	$ 15,359
Less excise tax	(184)	(125)	(587)	(426)
Net sales	4,906	4,742	19,780	14,933
Cost of sales	3,186	2,874	13,272	9,985
Gross profit	1,720	1,868	6,508	4,948
Operating expenses:
Sales and marketing	1,103	1,323	3,925	3,677
General and administrative	635	804	2,244	2,446
Loss on disposal of assets	11	10	10	12
Total operating expenses	1,749	2,137	6,179	6,135
Net (loss) income from operations	(29)	(269)	329	(1,187)
Other income (expense):
Interest expense, net	(73)	(74)	(242)	(207)
Other expense	(80)	(68)	(148)	(154)
Total other expense, net	(153)	(142)	(390)	(361)
Net loss before income taxes	(182)	(411)	(61)	(1,548)
Income tax expense	(1)	0	(1)	0
Net loss from continuing operations	(183)	(411)	(62)	(1,548)
Income (loss) from discontinued operations, net of tax	$ 0	$ (27)	$ 45	$ 58
Net loss per share:
Basic and diluted per share	$ (0.02)	$ (0.07)	$ (0.02)	$ (0.22)
Weighted average shares used in computing net loss per share:
Basic and diluted weighted average shares	4,253,026	3,842,798	4,114,545	3,787,014
Truett-Hurst, Inc and H.D.D. LLC [Member]
Other income (expense):
Net loss attributable to Truett-Hurst, Inc. and H.D.D. LLC	$ (183)	$ (438)	$ (17)	$ (1,490)
H.D.D. LLC [Member]
Other income (expense):
Less: Net (income) loss attributable to noncontrolling interest: H.D.D. LLC	90	178	(55)	656
Truett-Hurst, Inc [Member]
Other income (expense):
Net loss attributable to Truett-Hurst, Inc.	$ (93)	$ (260)	$ (72)	$ (834)

CONDENSED CONSOLIDATED STATEME5

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	9 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Cash flows from operating activities:
Net loss	$ (62)	$ (1,548)
Income from discontinued operations, net of tax	45	58
Net loss from continuing operations	(62)	(1,548)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:
Depreciation and amortization	496	420
Stock-based compensation	274	458
Deferred rent	(5)	(16)
Loss on fair value of interest rate swap	112	98
Loss on disposal of assets	10	12
Deferred taxes	0	2
Changes in operating assets and liabilities, net
Accounts receivable	1,061	923
Inventories	2,289	(5,082)
Bulk wine deposits	(595)	302
Other current assets	30	(42)
Accounts payable and accrued expenses	(981)	972
Accrual for sales returns	(10)	556
Due to related parties	(38)	90
Net cash provided by operating activities of discontinued operations	78	122
Net cash provided by (used in) operating activities	2,659	(2,733)
Cash flows from investing activities:
Acquisition of property and equipment	(395)	(615)
Acquisition of intangible and other assets	(125)	(240)
Proceeds from sale of assets	4	3
Net cash used in investing activities	(516)	(852)
Cash flows from financing activities:
Net proceeds from line of credit	1,022	180
Proceeds from long term debt	500	0
Payments on long term debt	(373)	(249)
Net cash provided by (used in) financing activities	1,149	(69)
Net change in cash and cash equivalents	3,292	(3,654)
Cash and cash equivalents at beginning of period	1,578	5,362
Cash and cash equivalents at end of period	4,870	1,708
Supplemental disclosure of cash flow information:
Cash paid for interest	242	188
Cash paid for income taxes	$ 0	$ 0

BASIS OF PRESENTATION AND SIGNI

BASIS OF PRESENTATION AND SIGNIFICANT ACCOUNTING POLICIES	9 Months Ended
	Mar. 31, 2016
Accounting Policies [Abstract]
Significant Accounting Policies [Text Block]	The unaudited interim condensed consolidated financial statements include the results of Truett-Hurst, Inc. (“THI”) and its subsidiary H.D.D. LLC (“LLC”). They have been prepared in accordance with accounting principles generally accepted in the United States of America (“GAAP”) for interim financial information and with general instructions for quarterly reports filed on Form 10-Q and Article 8 of Regulation S-X. THI consolidates the financial results of the LLC and records a noncontrolling interest representing the portion of equity ownership in the LLC that is not attributable to THI. On January 25, 2016, the LLC sold its fifty percent interest in The Wine Spies, LLC (“Wine Spies”) with an effective date of December 31, 2015. The results from Wine Spies, which were previously consolidated, have been deconsolidated in our unaudited interim condensed consolidated financial statements. The gain on the sale along with the current year results have been recorded in the statements of operations as part of discontinued operations. Prior periods have been accounted for on a consistent basis. The accompanying unaudited condensed consolidated financial statements do not include all of the information and footnotes required by GAAP for audited financial statements. The accompanying unaudited condensed consolidated financial statements were prepared on the same basis as the audited financial statements included in our Annual Report on Form 10-K for the fiscal year ended June 30, 2015, and, in the opinion of management, these financial statements include all adjustments, consisting only of normal recurring adjustments, necessary for a fair presentation of the results of the interim periods presented. The operating results for the interim period presented are not necessarily indicative of the results expected for the full fiscal year. These unaudited condensed consolidated financial statements should be read in conjunction with the audited consolidated financial statements included in our Annual Report on Form 10-K for the fiscal year ended June 30, 2015 filed with the SEC on September 28, 2015. Quantities or results referred to as “to date” or “as of this date” mean as of or to March 31, 2016, unless otherwise specifically noted. References to “FY” or “fiscal year” refer to our fiscal year ending on June 30 th There have been no material changes to the critical accounting policies and estimates previously disclosed in our Annual Report on Form 10-K for the fiscal year ended June 30, 2015. Certain prior period amounts in the condensed consolidated financial statements and notes thereto have been reclassified to conform to the current year presentation. These reclassifications had no effect on the reported consolidated results of continuing operations. In August 2014, the FASB issued Accounting Standards Update No. 2014-15, Presentation of Financial Statements—Going Concern (Subtopic 205-40): Disclosure of Uncertainties about an Entity’s Ability to Continue as a Going Concern, The Company adopted this accounting standard with no impact on the financial results or financial presentation In November 2015, the FASB issued ASU No. 2015-17: Income Taxes (Topic 740): Balance Sheet Classification of Deferred Taxes. In February 2016, the FASB issued ASU No. 2016-02: Leases (Topic 842). In March 2016, the FASB issued ASU No. 2016-09: Improvements to Employee Share-Based Payment Accounting Compensation – Stock Compensation. All recently issued, but not yet effective, accounting pronouncements have been reviewed and the Company does not believe the future adoption of any such pronouncements may be expected to cause a material impact on our financial condition or the results of our operations.

INVENTORIES

INVENTORIES	9 Months Ended
	Mar. 31, 2016
Inventory Disclosure [Abstract]
Inventory Disclosure [Text Block]	NOTE 2 – INVENTORIES March 31, 2016 June 30, 2015 (in thousands) Grapes, bulk wine and capitalized cultural costs $ 8,044 $ 7,375 Bottled wine, net 11,323 13,956 Bottling materials and other 424 544 Canned wine, net - 205 Total inventories, net $ 19,791 $ 22,080 At March 31, 2016, gross inventories were offset by a general reserve of $ 0.02 0.7 0.5

PROPERTY AND EQUIPMENT, net

PROPERTY AND EQUIPMENT, net	9 Months Ended
	Mar. 31, 2016
Property, Plant and Equipment [Abstract]
Property, Plant and Equipment Disclosure [Text Block]	NOTE 3 – PROPERTY AND EQUIPMENT, net March 31, 2016 June 30, 2015 (in thousands) Land and land improvements $ 3,231 $ 3,231 Building and improvements 173 173 Machinery and equipment 1,944 1,735 Vineyard development 554 554 Vineyard equipment 88 102 Furniture and fixtures 238 305 Leasehold improvements 1,390 1,377 Vehicles 85 85 7,703 7,562 Less: accumulated depreciation and amortization (1,987) (1,819) Total property and equipment, net $ 5,716 $ 5,743 Total depreciation and amortization expense for 0.1 0.4 0.1 0.2

INTANGIBLE ASSETS, net

INTANGIBLE ASSETS, net	9 Months Ended
	Mar. 31, 2016
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill and Intangible Assets Disclosure [Text Block]	NOTE 4 – INTANGIBLE ASSETS, net March 31, 2016 June 30, 2015 (in thousands) Finite lives: Patents $ 45 $ 44 Less: accumulated amortization (1) (1) Total patents, net 44 43 Indefinite lives: Trademarks 454 439 Total intangible assets, net $ 498 $ 482 Amortization expense of intangible assets was negligible during FY16 and FY15. The expected future amortization of patents is $ 0.04

OTHER ASSETS, net

OTHER ASSETS, net	9 Months Ended
	Mar. 31, 2016
Other Assets, Noncurrent Disclosure [Abstract]
Other Assets Disclosure [Text Block]	March 31, 2016 June 30, 2015 (in thousands) Label design $ 439 $ 372 Loan fees 18 18 Lease costs 23 23 Software 190 151 Website design 70 66 740 630 Less: accumulated amortization (314) (222) Total other assets, net $ 426 $ 408 Years ending June 30, (in thousands) 2016 (remaining three months) $ 35 2017 130 2018 116 2019 72 2020 34 Thereafter 5 Total future amortization $ 392 Total other assets, net includes amounts for assets capitalized, but not yet in service. The amount of these assets is the difference between the net amount and the total future amortization. Total amortization expense for other assets for the three and nine months ended March 31, 2016 was $ 0.03 0.09 0.05 0.2

CREDIT FACILITIES AND LONG TERM

CREDIT FACILITIES AND LONG TERM DEBT	9 Months Ended
	Mar. 31, 2016
Debt Disclosure [Abstract]
Debt Disclosure [Text Block]	NOTE 6 – CREDIT FACILITIES AND LONG TERM DEBT Credit Facilities There have been no material changes with respect to our credit facilities and our borrowings as disclosed in the “Notes to the Financial Statements – Commitments and Contingencies” in our Annual Report on Form 10-K for the fiscal year ended June 30, 2015. The credit facilities, which mature on July 31, 2016, include (a) a revolving line of credit with a maximum commitment of $10.0 million which accrues interest at 2.25% above the London Interbank Offered Rate (“LIBOR”), (b) a capital equipment line with a maximum commitment of $0.5 million which carries an interest rate of 2.25% above floating One-Month LIBOR, and (c) a foreign exchange facility with a maximum commitment of $0.1 million which allows our bank to enter into any spot or forward transaction to purchase or sell a foreign currency. We did not use the foreign exchange facility during the nine months ended March 31, 2016. The credit facilities are secured by a pledge of substantially all of our assets with guarantees from the LLC members. Availability is subject to a monthly borrowing base and compliance with certain covenants, including, without limitation, a minimum current assets to current liabilities ratio (measured quarterly), a debt to effective tangible net worth ratio (measured quarterly) and a debt service coverage ratio (measured annually at our fiscal year end). The bank loans obtained on July 15, 2015 also include a minimum EBITDA covenant for the nine month period ended March 31, 2016. The Company is in compliance with all material aspects of its covenants as of March 31, 2016. Management believes that the credit facilities will be renewed on similar terms. Long Term Debt March 31, 2016 June 30, 2015 (in thousands except payment information) Long term debt: Note 1 (1) $ 2,885 $ 2,987 Note 2 (2) - 21 Note 3 (3) 139 193 Note 4 (4) 264 326 Note 5 (5) 57 113 Note 6 (6) 422 - Total notes payable 3,767 3,640 Less: current maturities (472) (368) Total long term debt $ 3,295 $ 3,272 (1) Note payable to a bank, secured by a deed of trust on property, payable monthly with principal payments of $ 11,270 May 31, 2022 (2) Note payable to a bank, secured by equipment, payable monthly with principal and interest payments of $ 4,226 November 1, 2015 3.75 (3) Note payable to a bank, secured by equipment, payable monthly with principal and interest payments of $ 6,535 January 15, 2018 3.75 (4) Note payable to a bank, secured by equipment, payable monthly with principal and interest payments of $ 7,783 March 1, 2019 3.75 (5) On November 30, 2014, we acquired the unrestricted use of the Stonegate trademark in exchange for a trademark release payment which is to be made over time and is accounted for as a note payable. The note payable has three equal installments: a) within five days of November 30, 2014, b) on October 31, 2015, and c) on July 31, 2016. The note does not accrue interest outstanding on the principal. An imputed interest rate of 5.5 (6) Note payable to a bank, secured by equipment, payable monthly with principal and interest payments of $ 11,267 July 1, 2019 3.90 Years ending June 30, (in thousands) 2016 (remaining three months) $ 160 2017 418 2018 396 2019 336 2020 146 Thereafter 2,311 3,767 Add: Estimated interest payments 660 Total $ 4,427

ACCOUNTS PAYABLE and ACCRUED EX

ACCOUNTS PAYABLE and ACCRUED EXPENSES	9 Months Ended
	Mar. 31, 2016
Payables and Accruals [Abstract]
Accounts Payable and Accrued Liabilities Disclosure [Text Block]	NOTE 7 – ACCOUNTS PAYABLE and ACCRUED EXPENSES March 31, 2016 June 30, 2015 (in thousands) Accounts payable $ 1,619 $ 2,969 Accrued expenses 332 170 Commission 175 132 Depletion allowance 758 525 Personnel 242 242 Accrued grape purchases 40 - Professional fees - 18 Total accounts payable and accrued expenses $ 3,166 $ 4,056

ACCRUAL FOR SALES RETURNS

ACCRUAL FOR SALES RETURNS	9 Months Ended
	Mar. 31, 2016
Accrual for Sales Returns [Abstract]
Accrual for Sales Returns [Text Block]	NOTE 8 – ACCRUAL FOR SALES RETURNS During the third quarter FY15, an accrual was established for the return of product that had oxidized. The accrual amount was $0.5 million. To date there have been approximately $0.06 million return credits processed (none during the current quarter). The accrual for sales returns remains at $0.5 million as of March 31, 2016.

COMMITMENTS AND CONTINGENCIES

COMMITMENTS AND CONTINGENCIES	9 Months Ended
	Mar. 31, 2016
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies Disclosure [Text Block]	NOTE 9 – COMMITMENTS AND CONTINGENCIES Leases In February 2011, we entered into a lease agreement for a tasting room and winery. The lease was for five years, commencing on March 1, 2011 and ending on February 29, 2016, and contained one option to extend for an additional period of five years. On July 27, 2015, the Company exercised the option to extend our lease of the property through February 29, 2021. The Company has the right of first refusal to purchase the property in the event the lessor desires to sell the leased property. The rent is subject to an annual 3 3 See – Commitments and Contingencies, “Litigation.” In October 2013, the Company entered into a lease agreement for administrative office space. The lease commenced on October 15, 2013 and ends on October 31, 2016, and contains three one-year renewal options with adjustment to market rents. Rent payments for these facilities were $ 0.1 0.3 0.08 0.2 Years ending June 30, (in thousands) 2016 (remaining three months) $ 84 2017 316 2018 310 2019 319 2020 329 Thereafter 225 Total future rent payments $ 1,583 Future lease commitments include rent payments for the tasting room and winery through the term of the lease ending February 2021. Supply Contracts The Company enters into short and long term contracts with third parties and related party growers to supply a portion of our future grape and bulk wine inventory requirements. Years ending June 30, Third Parties Related Parties Total (in thousands) 2016 (remaining three months) $ 2,398 $ - $ 2,398 2017 1,821 479 2,300 2018 510 480 990 2019 279 273 552 Total $ 5,008 $ 1,232 $ 6,240 At March 31, 2016, total future purchase commitments for finished goods was approximately $ 3.7 Production The Company enters into various contracts with third party service providers for grape crushing and bottling. The costs are recorded in the period for which the service is provided. The actual costs related to custom crush services are based on volume. Our current contracts for custom crush services cover the 2015 harvest. The current bottling contract requires a minimum of 200,000 cases at $2.40 per case to be bottled in a one year period. Litigation From time to time, the Company may be subject to various litigation matters arising in the ordinary course of business. Other than discussed below, the Company is not aware of any current pending legal matters or claims, individually or in the aggregate, that are expected to have a material adverse impact on our consolidated financial position, results of operations, or cash flows. On January 29, 2016, Mendocino Wine Group (MWG) filed a complaint against Phil Hurst (Hurst) and H.D.D., LLC (LLC). The complaint alleges that, prior to January 2012, Hurst and LLC aided and abetted Paul Dolan in his alleged breach of fiduciary duties to MWG and that they interfered with Dolan's contract with Thornhill Management Company (the manager of MWG), and aided and abetted Dolan's interference with MWG's economic advantage. LLC denies the claims, denies all wrongdoing, and denies that they caused any harm to MWG. No amount has been recorded in the financial statements related to this suit. On October 21, 2015, H.D.D. LLC, received a letter from Hambrecht Wine Group, L.P. (the “Lessor”), the Lessor of HDD’s winery and tasting room facility at 4035 Westside Road, Healdsburg, California, under a lease dated February 8, 2011 (“the “Lease”), purporting to terminate the Lease effective as of that date, and rejecting HDD’s prior exercise of its election to extend for five years the original term of the Lease (which expired February 29, 2016). Lessor’s termination is based on purported defaults by HDD under provisions of the underlying lease. On November 9, 2015, the Company filed a motion for declaratory and injunctive relief in the Superior Court of California, Sonoma County. This suit is the first step in arbitrating the dispute. The Company intends to take all appropriate actions to preserve its right to occupancy under the Lease for its full term, including the five year extension. This location currently has one of our tasting rooms, storage capacity for approximately twenty five percent of our annual harvest, production facilities and administrative offices. Exchange Agreement Prior to the completion of the IPO, we entered into an exchange agreement with the existing owners of the LLC, several of whom are directors and/or officers. Under the exchange agreement, each existing owner (and certain permitted transferees thereof) may (subject to the terms of the exchange agreement), exchange their LLC Units for shares of Class A common stock of the Company on a one-for-one basis, subject to customary conversion rate adjustments for stock splits, stock dividends and reclassifications, or for cash, at our election. As a holder exchanges their LLC Units, our interest in the LLC will be correspondingly increased. During FY15, certain members exchanged approximately 0.2 million LLC Units, on a one-for-one basis, for shares of Class A common stock of the Company, under the exchange agreement. During the nine months ended March 31, 2016, there was an exchange of approximately 0.2 Tax Receivable Agreement The Company entered into a tax receivable agreement (“TRA”) with the LLC Unit holders which provides for payment by the Company to the LLC Unit holders who convert their Units to shares, an amount equal to 90 The Company will be required to pay the counterparties to the tax receivable agreement for certain tax benefits we may claim arising in connection with current exchanges, future purchases or exchanges of LLC Units and related transactions, and the amounts we may pay could be significant. H.D.D. LLC has made an election under Section 754 of the Internal Revenue Code (the “Code”) effective for each taxable year in which an exchange of LLC Units for shares of Class A common stock as described above occurs, which may result in an adjustment to the tax basis of the assets of H.D.D. LLC at the time of an exchange of LLC Units. As a result of these exchanges, Truett-Hurst, Inc. will become entitled to a proportionate share of the existing tax basis of the assets of H.D.D. LLC. In addition, the purchase of Holdings Units and subsequent exchanges are expected to result in increases in the tax basis of the assets of H.D.D. LLC that otherwise would not have been available. Both this proportionate share and these increases in tax basis may reduce the amount of tax that Truett-Hurst, Inc. would otherwise be required to pay in the future. These increases in tax basis may also decrease gains (or increase losses) on future dispositions of certain capital assets to the extent tax basis is allocated to those capital assets. The Company has recorded deferred tax assets of $ 6.6 1.3 5.9 90 0.7 6.6 I ndemnification From time to time the Company enters into certain types of contracts that contingently require us to indemnify various parties against claims from third parties. These contracts primarily relate to (i) certain real estate leases, under which we may be required to indemnify property owners for environmental and other liabilities, and other claims arising from our use of the applicable premises, (ii) certain agreements with our officers, directors, and employees, under which we may be required to indemnify such persons for liabilities arising out of their employment relationship, (iii) contracts under which we may be required to indemnify customers against third-party claims that our product infringes a patent, copyright, or other intellectual property right, and (iv) procurement or license agreements, under which we may be required to indemnify licensors or vendors for certain claims that may be brought against them arising from our acts or omissions with respect to the supplied products or technology. Generally, a maximum obligation under these contracts is not explicitly stated thus an estimate of this potential obligation cannot be reasonably estimated. Historically, we have not been required to make payments under these obligations, and no liabilities have been recorded at March 31, 2016 and June 30, 2015 for these obligations on our balance sheets.

DISCONTINUED OPERATIONS

DISCONTINUED OPERATIONS	9 Months Ended
	Mar. 31, 2016
Discontinued Operations and Disposal Groups [Abstract]
Disposal Groups, Including Discontinued Operations, Disclosure [Text Block]	NOTE 10 – DISCONTINUED OPERATIONS On January 25, 2016, the LLC sold its fifty percent interest in The Wine Spies, LLC (“Wine Spies”) with an effective date of December 31, 2015. The results from Wine Spies, which were previously consolidated, have been deconsolidated in our unaudited interim condensed consolidated financial statements. The gain on the sale along with the current year results have been recorded in the statement of operations as part of discontinued operations. Prior periods have been accounted for on a consistent basis. The purchaser of our interest was the owner of the other 50 Three Months Ended Nine Months Ended March 31, 2016 March 31, 2016 (in thousands, except share data) Net income from operations of discontinued operations $ - $ 30 Gain on sale - 15 Net income from discontinued operations, net of tax $ - $ 45 Earnings Per Share Basic and diluted weighted average shares 4,253,026 4,114,545 Basic and diluted net income per share $ 0.00 $ 0.01

STOCK-BASED COMPENSATION

STOCK-BASED COMPENSATION	9 Months Ended
	Mar. 31, 2016
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Disclosure of Compensation Related Costs, Share-based Payments [Text Block]	NOTE 11 – STOCK-BASED COMPENSATION Equity Incentive Plan The Company has granted restricted stock awards, stock options and restricted stock units to employees, directors and non-employees under our 2012 Stock Incentive Plan. As of March 31, 2016, the 2012 Plan has 1.0 0.5 Weighted Avg Grant Weighted Avg Number Date Fair Value per Contractual Aggregate Intrinsic of Shares Share Term in Years Value (in thousands) Outstanding at June 30, 2015 97,329 $ 3.24 - $ 160 Granted - - - - Released (86,802) - - 142 Vested (5,264) 3.80 - 9 Forfeited, cancelled or expired - - - - Outstanding at March 31, 2016 5,263 $ 3.61 1.71 $ 9 Expected to vest at March 31, 2016 5,263 $ 3.61 $ 9 Weighted Avg Grant Weighted Avg Number Date Fair Value per Contractual Aggregate Intrinsic of Shares Share Term in Years Value (in thousands) Outstanding at June 30, 2015 87,500 $ 5.00 - $ 144 Granted 45,180 1.66 - 74 Released (21,875) - - - Vested - - - - Forfeited, cancelled or expired - - - Outstanding at March 31, 2016 110,805 $ 3.64 2.47 $ 182 Expected to vest at March 31, 2016 110,805 $ 3.64 $ 182 Weighted Avg Grant Weighted Avg Number Date Fair Value per Contractual Aggregate Intrinsic of Shares Share Term in Years Value (in thousands) Outstanding at June 30, 2015 220,000 $ 4.35 - $ - Granted 270,000 1.96 - - Vested - - - - Forfeited, cancelled or expired (20,000) - - - Outstanding at March 31, 2016 470,000 $ 3.08 9.38 $ - Options Vested 37,500 $ 5.00 Options Non-Vested 432,500 $ 2.92 - $ - Options Exerciseable 37,500 $ 5.00 - - Three Months Ended Nine Months Ended March 31, March 31, (in thousands) 2016 2015 2016 2015 Sales and marketing $ 18 $ 40 $ 36 $ 224 General and administrative 84 75 238 234 Total stock-based compensation $ 102 $ 115 $ 274 $ 458

FAIR VALUE OF FINANCIAL INSTRUM

FAIR VALUE OF FINANCIAL INSTRUMENTS	9 Months Ended
	Mar. 31, 2016
Fair Value Disclosures [Abstract]
Fair Value Disclosures [Text Block]	NOTE 12 – FAIR VALUE OF FINANCIAL INSTRUMENTS Fair value is defined as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. The carrying amount reflected in the condensed consolidated balance sheets of financial assets and liabilities are all categorized as Level 1. They include cash and cash equivalents, accounts receivable, accounts payable and accrued expenses, which approximated their fair values due to the short term nature of these financial assets and liabilities. The carrying amount of our debt approximates its fair value based on prevailing interest rates and time to maturity. In October 2012, the Company executed an interest rate swap obligation that was measured using observable inputs such as the LIBOR and Ten-year Treasury interest rates, and therefore has been categorized as Level 2. This derivative is not designated as a hedging instrument and has been recorded at fair value on our consolidated balance sheets. Changes in the fair value of this instrument have been recognized in our condensed consolidated statements of operations in other expense. Fair value measurements at reporting date (in thousands) Significant other Fair value as of March 31, 2016 observable inputs (Level 2) Liabilities Interest rate swap (1) $ (91) $ (91) Total $ (91) $ (91) (1) Included in “Accounts payable and accrued expenses” in the Balance Sheet Fair value measurements at reporting date (in thousands) Significant other Fair value as of June 30, 2015 observable inputs (Level 2) Assets Interest rate swap (2) $ 20 $ 20 Total $ 20 $ 20 (2) Included in “Other current assets” in the Balance Sheet

INCOME TAXES

INCOME TAXES	9 Months Ended
	Mar. 31, 2016
Income Tax Disclosure [Abstract]
Income Tax Disclosure [Text Block]	NOTE 13 – INCOME TAXES For the three and nine months ended March 31, 2016, the Company recorded income tax expense of $ .001 1 ⋅ A rate benefit attributable to the fact that HDD operates as a limited liability company which is not subject to federal or state income tax. Accordingly, a portion of the earnings are not subject to corporate level taxes. ⋅ Operating losses for the periods. ⋅ Recording a full valuation allowance against net deferred tax assets, $ 0.1 0.5 There were no unrecognized tax benefits at March 31, 2016 and the Company did not incur any income tax related interest expense or penalties related to uncertain tax positions.

SIGNIFICANT CUSTOMER INFORMATIO

SIGNIFICANT CUSTOMER INFORMATION, SEGMENT REPORTING AND GEOGRAPHIC INFORMATION	9 Months Ended
	Mar. 31, 2016
Segment Reporting [Abstract]
Segment Reporting Disclosure [Text Block]	NOTE 14 – SIGNIFICANT CUSTOMER INFORMATION, SEGMENT REPORTING AND GEOGRAPHIC INFORMATION Our primary reporting segments are identified as wholesale and direct to consumer. Wholesale sales include our retail exclusive brand label model and brands sold through the three-tier distribution system. Direct to consumer sales occur through our tasting rooms and wine clubs. Operating and other expenses are not allocated between operating segments; therefore, operating and net income information for the respective segments is not available. In addition, discrete financial information related to segment specific assets is not available. Sales and cost of sales are reported by segment. Historically, the Company reported a third segment identified as the Internet segment which were sales that occurred through Wine Spies and were principally comprised of brands not owned by us. Effective December 31, 2015, the Company sold its interest in Wine Spies and no longer has an Internet segment as part of our continuing operations. See Note 10 – “Discontinued Operations.” Net Sales Three Months Ended Nine Months Ended March 31, March 31, (in thousands) 2016 2015 2016 2015 Net Sales Wholesale $ 3,491 $ 3,532 $ 15,451 $ 11,185 Direct to consumer 1,415 1,210 4,329 3,748 Total net sales $ 4,906 $ 4,742 $ 19,780 $ 14,933 Three Months Ended Nine Months Ended March 31, March 31, (in thousands) 2016 2015 2016 2015 Cost of Sales Wholesale $ 2,681 $ 2,450 $ 11,753 $ 8,664 Direct to consumer 505 424 1,519 1,321 Total cost of sales $ 3,186 $ 2,874 $ 13,272 $ 9,985 Three Months Ended Nine Months Ended March 31, March 31, (in thousands) 2016 2015 2016 2015 Gross Profit Wholesale $ 810 $ 1,082 $ 3,698 $ 2,521 Direct to consumer 910 786 2,810 2,427 Total gross profit $ 1,720 $ 1,868 $ 6,508 $ 4,948 Three Months Ended Nine Months Ended March 31, March 31, 2016 2015 2016 2015 Gross Profit Percentage Wholesale 23.2 % 30.6 % 23.9 % 22.5 % Direct to consumer 64.3 % 65.0 % 64.9 % 64.8 % Total gross profit percentage 35.1 % 39.4 % 32.9 % 33.1 % Significant Customer Information: Percentage of Total Percentage of Wholesale Sales Accounts Receivable Three Months Ended Nine Months Ended March 31, March 31, March 31, 2016 2015 2016 2015 2016 2015 Customer A 41 % 38 % 41 % 36 % 45 % 36 % Customer B 15 % 14 % 18 % 23 % 13 % 22 % International sales were $ 0.2 0.7 0.5 1.4

SUBSEQUENT EVENTS

SUBSEQUENT EVENTS	9 Months Ended
	Mar. 31, 2016
Subsequent Events [Abstract]
Subsequent Events [Text Block]	NOTE 15 – SUBSEQUENT EVENTS The Company has evaluated all subsequent event activity through the issue date of these condensed consolidated financial statements and concluded that no subsequent events have occurred that would require recognition in the condensed consolidated financial statements or disclosure in the notes to the condensed consolidated financial statements.

BASIS OF PRESENTATION AND SIG21

BASIS OF PRESENTATION AND SIGNIFICANT ACCOUNTING POLICIES (Policies)	9 Months Ended
	Mar. 31, 2016
Accounting Policies [Abstract]
Basis of Accounting, Policy [Policy Text Block]	Basis of Presentation The unaudited interim condensed consolidated financial statements include the results of Truett-Hurst, Inc. (“THI”) and its subsidiary H.D.D. LLC (“LLC”). They have been prepared in accordance with accounting principles generally accepted in the United States of America (“GAAP”) for interim financial information and with general instructions for quarterly reports filed on Form 10-Q and Article 8 of Regulation S-X. THI consolidates the financial results of the LLC and records a noncontrolling interest representing the portion of equity ownership in the LLC that is not attributable to THI. On January 25, 2016, the LLC sold its fifty percent interest in The Wine Spies, LLC (“Wine Spies”) with an effective date of December 31, 2015. The results from Wine Spies, which were previously consolidated, have been deconsolidated in our unaudited interim condensed consolidated financial statements. The gain on the sale along with the current year results have been recorded in the statements of operations as part of discontinued operations. Prior periods have been accounted for on a consistent basis. The accompanying unaudited condensed consolidated financial statements do not include all of the information and footnotes required by GAAP for audited financial statements. The accompanying unaudited condensed consolidated financial statements were prepared on the same basis as the audited financial statements included in our Annual Report on Form 10-K for the fiscal year ended June 30, 2015, and, in the opinion of management, these financial statements include all adjustments, consisting only of normal recurring adjustments, necessary for a fair presentation of the results of the interim periods presented. The operating results for the interim period presented are not necessarily indicative of the results expected for the full fiscal year. These unaudited condensed consolidated financial statements should be read in conjunction with the audited consolidated financial statements included in our Annual Report on Form 10-K for the fiscal year ended June 30, 2015 filed with the SEC on September 28, 2015. Quantities or results referred to as “to date” or “as of this date” mean as of or to March 31, 2016, unless otherwise specifically noted. References to “FY” or “fiscal year” refer to our fiscal year ending on June 30 th
Use of Estimates, Policy [Policy Text Block]	Critical Accounting Policies and Estimates There have been no material changes to the critical accounting policies and estimates previously disclosed in our Annual Report on Form 10-K for the fiscal year ended June 30, 2015.
Reclassification, Policy [Policy Text Block]	Reclassifications Certain prior period amounts in the condensed consolidated financial statements and notes thereto have been reclassified to conform to the current year presentation. These reclassifications had no effect on the reported consolidated results of continuing operations.
New Accounting Pronouncements, Policy [Policy Text Block]	Accounting Pronouncements In August 2014, the FASB issued Accounting Standards Update No. 2014-15, Presentation of Financial Statements—Going Concern (Subtopic 205-40): Disclosure of Uncertainties about an Entity’s Ability to Continue as a Going Concern, The Company adopted this accounting standard with no impact on the financial results or financial presentation In November 2015, the FASB issued ASU No. 2015-17: Income Taxes (Topic 740): Balance Sheet Classification of Deferred Taxes. In February 2016, the FASB issued ASU No. 2016-02: Leases (Topic 842). In March 2016, the FASB issued ASU No. 2016-09: Improvements to Employee Share-Based Payment Accounting Compensation – Stock Compensation. All recently issued, but not yet effective, accounting pronouncements have been reviewed and the Company does not believe the future adoption of any such pronouncements may be expected to cause a material impact on our financial condition or the results of our operations.

INVENTORIES (Tables)

INVENTORIES (Tables)	9 Months Ended
	Mar. 31, 2016
Inventory Disclosure [Abstract]
Schedule of Inventory, Current [Table Text Block]	Inventories comprise: March 31, 2016 June 30, 2015 (in thousands) Grapes, bulk wine and capitalized cultural costs $ 8,044 $ 7,375 Bottled wine, net 11,323 13,956 Bottling materials and other 424 544 Canned wine, net - 205 Total inventories, net $ 19,791 $ 22,080

PROPERTY AND EQUIPMENT, net (Ta

PROPERTY AND EQUIPMENT, net (Tables)	9 Months Ended
	Mar. 31, 2016
Property, Plant and Equipment [Abstract]
Property, Plant and Equipment [Table Text Block]	Property and equipment comprise: March 31, 2016 June 30, 2015 (in thousands) Land and land improvements $ 3,231 $ 3,231 Building and improvements 173 173 Machinery and equipment 1,944 1,735 Vineyard development 554 554 Vineyard equipment 88 102 Furniture and fixtures 238 305 Leasehold improvements 1,390 1,377 Vehicles 85 85 7,703 7,562 Less: accumulated depreciation and amortization (1,987) (1,819) Total property and equipment, net $ 5,716 $ 5,743

INTANGIBLE ASSETS, net (Tables)

INTANGIBLE ASSETS, net (Tables)	9 Months Ended
	Mar. 31, 2016
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of Intangible Assets and Goodwill [Table Text Block]	Intangible assets comprise: March 31, 2016 June 30, 2015 (in thousands) Finite lives: Patents $ 45 $ 44 Less: accumulated amortization (1) (1) Total patents, net 44 43 Indefinite lives: Trademarks 454 439 Total intangible assets, net $ 498 $ 482

OTHER ASSETS, net (Tables)

OTHER ASSETS, net (Tables)	9 Months Ended
	Mar. 31, 2016
Other Assets, Noncurrent Disclosure [Abstract]
Schedule of Other Assets, Noncurrent [Table Text Block]	Other assets comprise: March 31, 2016 June 30, 2015 (in thousands) Label design $ 439 $ 372 Loan fees 18 18 Lease costs 23 23 Software 190 151 Website design 70 66 740 630 Less: accumulated amortization (314) (222) Total other assets, net $ 426 $ 408
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense [Table Text Block]	Future amortization of other assets is as follows: Years ending June 30, (in thousands) 2016 (remaining three months) $ 35 2017 130 2018 116 2019 72 2020 34 Thereafter 5 Total future amortization $ 392

CREDIT FACILITIES AND LONG TE26

CREDIT FACILITIES AND LONG TERM DEBT (Tables)	9 Months Ended
	Mar. 31, 2016
Debt Disclosure [Abstract]
Schedule Of Long Term Debt Borrowings [Table Text Block]	Long term debt comprise: March 31, 2016 June 30, 2015 (in thousands except payment information) Long term debt: Note 1 (1) $ 2,885 $ 2,987 Note 2 (2) - 21 Note 3 (3) 139 193 Note 4 (4) 264 326 Note 5 (5) 57 113 Note 6 (6) 422 - Total notes payable 3,767 3,640 Less: current maturities (472) (368) Total long term debt $ 3,295 $ 3,272 (1) Note payable to a bank, secured by a deed of trust on property, payable monthly with principal payments of $ 11,270 May 31, 2022 (2) Note payable to a bank, secured by equipment, payable monthly with principal and interest payments of $ 4,226 November 1, 2015 3.75 (3) Note payable to a bank, secured by equipment, payable monthly with principal and interest payments of $ 6,535 January 15, 2018 3.75 (4) Note payable to a bank, secured by equipment, payable monthly with principal and interest payments of $ 7,783 March 1, 2019 3.75 (5) On November 30, 2014, we acquired the unrestricted use of the Stonegate trademark in exchange for a trademark release payment which is to be made over time and is accounted for as a note payable. The note payable has three equal installments: a) within five days of November 30, 2014, b) on October 31, 2015, and c) on July 31, 2016. The note does not accrue interest outstanding on the principal. An imputed interest rate of 5.5 (6) Note payable to a bank, secured by equipment, payable monthly with principal and interest payments of $ 11,267 July 1, 2019 3.90
Schedule Of Future Principal And Interest Payments [Table Text Block]	Future principal and interest payments for the long term debt as of March 31, 2016 are as follows: Years ending June 30, (in thousands) 2016 (remaining three months) $ 160 2017 418 2018 396 2019 336 2020 146 Thereafter 2,311 3,767 Add: Estimated interest payments 660 Total $ 4,427

ACCOUNTS PAYABLE and ACCRUED 27

ACCOUNTS PAYABLE and ACCRUED EXPENSES (Tables)	9 Months Ended
	Mar. 31, 2016
Payables and Accruals [Abstract]
Schedule of Accounts Payable and Accrued Liabilities [Table Text Block]	March 31, 2016 June 30, 2015 (in thousands) Accounts payable $ 1,619 $ 2,969 Accrued expenses 332 170 Commission 175 132 Depletion allowance 758 525 Personnel 242 242 Accrued grape purchases 40 - Professional fees - 18 Total accounts payable and accrued expenses $ 3,166 $ 4,056

COMMITMENTS AND CONTINGENCIES (

COMMITMENTS AND CONTINGENCIES (Tables)	9 Months Ended
	Mar. 31, 2016
Commitments and Contingencies Disclosure [Abstract]
Schedule of Future Minimum Lease Payments for Capital Leases [Table Text Block]	Future lease commitments are: Years ending June 30, (in thousands) 2016 (remaining three months) $ 84 2017 316 2018 310 2019 319 2020 329 Thereafter 225 Total future rent payments $ 1,583
Purchase Commitment, Excluding Long-term Commitment [Table Text Block]	Future minimum grape and bulk wine inventory purchase commitments are as follows: Years ending June 30, Third Parties Related Parties Total (in thousands) 2016 (remaining three months) $ 2,398 $ - $ 2,398 2017 1,821 479 2,300 2018 510 480 990 2019 279 273 552 Total $ 5,008 $ 1,232 $ 6,240

DISCONTINUED OPERATIONS (Tables

DISCONTINUED OPERATIONS (Tables)	9 Months Ended
	Mar. 31, 2016
Discontinued Operations [Member]
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]	Discontinued operations comprise: Three Months Ended Nine Months Ended March 31, 2016 March 31, 2016 (in thousands, except share data) Net income from operations of discontinued operations $ - $ 30 Gain on sale - 15 Net income from discontinued operations, net of tax $ - $ 45 Earnings Per Share Basic and diluted weighted average shares 4,253,026 4,114,545 Basic and diluted net income per share $ 0.00 $ 0.01

STOCK-BASED COMPENSATION (Table

STOCK-BASED COMPENSATION (Tables)	9 Months Ended
	Mar. 31, 2016
Schedule of Share-based Compensation, Stock Options, Activity [Table Text Block]	A summary of the activity for stock options is presented below: Weighted Avg Grant Weighted Avg Number Date Fair Value per Contractual Aggregate Intrinsic of Shares Share Term in Years Value (in thousands) Outstanding at June 30, 2015 220,000 $ 4.35 - $ - Granted 270,000 1.96 - - Vested - - - - Forfeited, cancelled or expired (20,000) - - - Outstanding at March 31, 2016 470,000 $ 3.08 9.38 $ - Options Vested 37,500 $ 5.00 Options Non-Vested 432,500 $ 2.92 - $ - Options Exerciseable 37,500 $ 5.00 - -
Schedule Of Stock Based Compensation Expense [Table Text Block]	The following table summarizes stock-based compensation included in our condensed consolidated statements of operations for the three and nine months ended March 31, 2016 and 2015, respectively: Three Months Ended Nine Months Ended March 31, March 31, (in thousands) 2016 2015 2016 2015 Sales and marketing $ 18 $ 40 $ 36 $ 224 General and administrative 84 75 238 234 Total stock-based compensation $ 102 $ 115 $ 274 $ 458
Restricted Stock Units (RSUs) [Member]
Schedule of Share-based Compensation, Restricted Stock and Restricted Stock Units Activity [Table Text Block]	A summary of the activity for restricted stock units is presented below: Weighted Avg Grant Weighted Avg Number Date Fair Value per Contractual Aggregate Intrinsic of Shares Share Term in Years Value (in thousands) Outstanding at June 30, 2015 87,500 $ 5.00 - $ 144 Granted 45,180 1.66 - 74 Released (21,875) - - - Vested - - - - Forfeited, cancelled or expired - - - Outstanding at March 31, 2016 110,805 $ 3.64 2.47 $ 182 Expected to vest at March 31, 2016 110,805 $ 3.64 $ 182
Restricted Stock [Member]
Schedule of Share-based Compensation, Restricted Stock and Restricted Stock Units Activity [Table Text Block]	A summary of the activity for restricted stock awards is presented below: Weighted Avg Grant Weighted Avg Number Date Fair Value per Contractual Aggregate Intrinsic of Shares Share Term in Years Value (in thousands) Outstanding at June 30, 2015 97,329 $ 3.24 - $ 160 Granted - - - - Released (86,802) - - 142 Vested (5,264) 3.80 - 9 Forfeited, cancelled or expired - - - - Outstanding at March 31, 2016 5,263 $ 3.61 1.71 $ 9 Expected to vest at March 31, 2016 5,263 $ 3.61 $ 9

FAIR VALUE OF FINANCIAL INSTR31

FAIR VALUE OF FINANCIAL INSTRUMENTS (Tables)	9 Months Ended
	Mar. 31, 2016
Fair Value Disclosures [Abstract]
Fair Value, by Balance Sheet Grouping [Table Text Block]	The following tables set forth our interest rate swap fair values at March 31, 2016 and at June 30, 2015: Fair value measurements at reporting date (in thousands) Significant other Fair value as of March 31, 2016 observable inputs (Level 2) Liabilities Interest rate swap (1) $ (91) $ (91) Total $ (91) $ (91) (1) Included in “Accounts payable and accrued expenses” in the Balance Sheet Fair value measurements at reporting date (in thousands) Significant other Fair value as of June 30, 2015 observable inputs (Level 2) Assets Interest rate swap (2) $ 20 $ 20 Total $ 20 $ 20 (2) Included in “Other current assets” in the Balance Sheet

SIGNIFICANT CUSTOMER INFORMAT32

SIGNIFICANT CUSTOMER INFORMATION, SEGMENT REPORTING AND GEOGRAPHIC INFORMATION (Tables)	9 Months Ended
	Mar. 31, 2016
Segment Reporting [Abstract]
Schedule of Segment Reporting Information, by Segment [Table Text Block]	The following tables reflect net sales, cost of sales and gross profit by segment for continuing operations for each of the three and nine months ended March 31, 2016 and 2015, respectively: Three Months Ended Nine Months Ended March 31, March 31, (in thousands) 2016 2015 2016 2015 Net Sales Wholesale $ 3,491 $ 3,532 $ 15,451 $ 11,185 Direct to consumer 1,415 1,210 4,329 3,748 Total net sales $ 4,906 $ 4,742 $ 19,780 $ 14,933 Three Months Ended Nine Months Ended March 31, March 31, (in thousands) 2016 2015 2016 2015 Cost of Sales Wholesale $ 2,681 $ 2,450 $ 11,753 $ 8,664 Direct to consumer 505 424 1,519 1,321 Total cost of sales $ 3,186 $ 2,874 $ 13,272 $ 9,985 Three Months Ended Nine Months Ended March 31, March 31, (in thousands) 2016 2015 2016 2015 Gross Profit Wholesale $ 810 $ 1,082 $ 3,698 $ 2,521 Direct to consumer 910 786 2,810 2,427 Total gross profit $ 1,720 $ 1,868 $ 6,508 $ 4,948 Three Months Ended Nine Months Ended March 31, March 31, 2016 2015 2016 2015 Gross Profit Percentage Wholesale 23.2 % 30.6 % 23.9 % 22.5 % Direct to consumer 64.3 % 65.0 % 64.9 % 64.8 % Total gross profit percentage 35.1 % 39.4 % 32.9 % 33.1 %
Schedule Of Concentrations Of Wholesale Sales And Accounts Receivable As A Percent Of Each [Table Text Block]	The following tables set forth concentrations of wholesale sales and accounts receivable as a percent of each total: Percentage of Total Percentage of Wholesale Sales Accounts Receivable Three Months Ended Nine Months Ended March 31, March 31, March 31, 2016 2015 2016 2015 2016 2015 Customer A 41 % 38 % 41 % 36 % 45 % 36 % Customer B 15 % 14 % 18 % 23 % 13 % 22 %

INVENTORIES (Details)

INVENTORIES (Details) - USD ($) $ in Thousands	Mar. 31, 2016	Jun. 30, 2015
Inventory [Line Items]
Grapes, bulk wine and capitalized cultural costs	$ 8,044	$ 7,375
Bottled wine, net	11,323	13,956
Bottling materials and other	424	544
Canned wine, net	0	205
Total inventories, net	$ 19,791	$ 22,080

INVENTORIES (Details Textual)

INVENTORIES (Details Textual) - USD ($) $ in Thousands	9 Months Ended	12 Months Ended
	Mar. 31, 2016	Jun. 30, 2015
Inventory, Net, Total	$ 19,791	$ 22,080
CA Winecraft [Member]
Inventory Write-down	700	$ 500
Bottled Wine [Member]
Inventory, Net, Total	$ 20

PROPERTY AND EQUIPMENT, net (De

PROPERTY AND EQUIPMENT, net (Details) - USD ($) $ in Thousands	Mar. 31, 2016	Jun. 30, 2015
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Gross	$ 7,703	$ 7,562
Less: accumulated depreciation and amortization	(1,987)	(1,819)
Total property and equipment, net	5,716	5,743
Land and Land Improvements [Member]
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Gross	3,231	3,231
Building and improvements [Member]
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Gross	173	173
Machinery and equipment [Member]
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Gross	1,944	1,735
Vineyard development [Member]
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Gross	554	554
Vineyard equipment [Member]
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Gross	88	102
Furniture and fixtures [Member]
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Gross	238	305
Leasehold improvements [Member]
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Gross	1,390	1,377
Vehicles [Member]
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Gross	$ 85	$ 85

PROPERTY AND EQUIPMENT, net (36

PROPERTY AND EQUIPMENT, net (Details Textual) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Mar. 31, 2016	Mar. 31, 2015	Mar. 31, 2016	Mar. 31, 2015
Property, Plant and Equipment [Line Items]
Depreciation, Depletion and Amortization, Nonproduction, Total	$ 0.1	$ 0.1	$ 0.4	$ 0.2

INTANGIBLE ASSETS, net (Details

INTANGIBLE ASSETS, net (Details) - USD ($) $ in Thousands	Mar. 31, 2016	Jun. 30, 2015
Finite lives:
Patents	$ 45	$ 44
Less: accumulated amortization	(1)	(1)
Total patents, net	44	43
Indefinite lives:
Trademarks	454	439
Total intangible assets, net	$ 498	$ 482

INTANGIBLE ASSETS, net (Detai38

INTANGIBLE ASSETS, net (Details Textual) $ in Thousands	9 Months Ended
	Mar. 31, 2016USD ($)
Patents [Member]
Finite-Lived Intangible Assets [Line Items]
Amortization of Intangible Assets	$ 40

OTHER ASSETS, net (Details)

OTHER ASSETS, net (Details) - USD ($) $ in Thousands	Mar. 31, 2016	Jun. 30, 2015
Other Assets [Line Items]
Other Assets, Gross	$ 740	$ 630
Less: accumulated amortization	(314)	(222)
Total other assets, net	426	408
Label design [Member]
Other Assets [Line Items]
Other Assets, Gross	439	372
Loan fees [Member]
Other Assets [Line Items]
Other Assets, Gross	18	18
Lease costs [Member]
Other Assets [Line Items]
Other Assets, Gross	23	23
Software [Member]
Other Assets [Line Items]
Other Assets, Gross	190	151
Website design [Member]
Other Assets [Line Items]
Other Assets, Gross	$ 70	$ 66

OTHER ASSETS, net (Details 1)

OTHER ASSETS, net (Details 1) $ in Thousands	Mar. 31, 2016USD ($)
Other Assets [Line Items]
2016 (remaining three months)	$ 35
2,017	130
2,018	116
2,019	72
2,020	34
Thereafter	5
Total future amortization	$ 392

OTHER ASSETS, net (Details Text

OTHER ASSETS, net (Details Textual) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Mar. 31, 2016	Mar. 31, 2015	Mar. 31, 2016	Mar. 31, 2015
Other Assets [Member]
Amortization Expenses	$ 30	$ 50	$ 90	$ 200

CREDIT FACILITIES AND LONG TE42

CREDIT FACILITIES AND LONG TERM DEBT (Details) - USD ($) $ in Thousands		Mar. 31, 2016	Jun. 30, 2015
Long-term debt:
Total notes payable		$ 3,767	$ 3,640
Less: current maturities		(472)	(368)
Total long term debt		3,295	3,272
Notes Payable One [Member]
Long-term debt:
Total notes payable	[1]	2,885	2,987
Notes Payable Two [Member]
Long-term debt:
Total notes payable	[2]	0	21
Notes Payable Three [Member]
Long-term debt:
Total notes payable	[3]	139	193
Notes Payable Four [Member]
Long-term debt:
Total notes payable	[4]	264	326
Notes Payable Five [Member]
Long-term debt:
Total notes payable	[5]	57	113
Notes Payable Six [Member]
Long-term debt:
Total notes payable	[6]	$ 422	$ 0
[1]	Note payable to a bank, secured by a deed of trust on property, payable monthly with principal payments of $11,270 plus interest, matures May 31, 2022, variable interest of 2.25% above LIBOR.
[2]	Note payable to a bank, secured by equipment, payable monthly with principal and interest payments of $4,226, matured November 1, 2015 at 3.75% interest.
[3]	Note payable to a bank, secured by equipment, payable monthly with principal and interest payments of $6,535, matures January 15, 2018 at 3.75% interest.
[4]	Note payable to a bank, secured by equipment, payable monthly with principal and interest payments of $7,783, matures March 1, 2019; at 3.75% interest.
[5]	On November 30, 2014, we acquired the unrestricted use of the Stonegate trademark in exchange for a trademark release payment which is to be made over time and is accounted for as a note payable. The note payable has three equal installments: a) within five days of November 30, 2014, b) on October 31, 2015, and c) on July 31, 2016. The note does not accrue interest outstanding on the principal. An imputed interest rate of 5.5% was assessed under GAAP and the impact was considered immaterial.
[6]	Note payable to a bank, secured by equipment, payable monthly with principal and interest payments of $11,267, matures July 1, 2019; at 3.90% interest.

CREDIT FACILITIES AND LONG TE43

CREDIT FACILITIES AND LONG TERM DEBT (Details 1) - USD ($) $ in Thousands	Mar. 31, 2016	Jun. 30, 2015
Long Term Debt, Fiscal Year Maturity [Line Items]
2016 (remaining three months)	$ 160
2,017	418
2,018	396
2,019	336
2,020	146
Thereafter	2,311
Long-term Debt, Total	3,767	$ 3,640
Add: Estimated interest payments	660
Total	$ 4,427

CREDIT FACILITIES AND LONG TE44

CREDIT FACILITIES AND LONG TERM DEBT (Details Textual) $ in Thousands	9 Months Ended
	Mar. 31, 2016USD ($)
Line of Credit [Member]
Line of Credit Facility, Description	The credit facilities, which mature on July 31, 2016, include (a) a revolving line of credit with a maximum commitment of $10.0 million which accrues interest at 2.25% above the London Interbank Offered Rate (“LIBOR”), (b) a capital equipment line with a maximum commitment of $0.5 million which carries an interest rate of 2.25% above floating One-Month LIBOR, and (c) a foreign exchange facility with a maximum commitment of $0.1 million which allows our bank to enter into any spot or forward transaction to purchase or sell a foreign currency. We did not use the foreign exchange facility during the nine months ended March 31, 2016.
Notes Payable To Bank One [Member]
Debt Instrument, Maturity Date	May 31, 2022
Line of Credit Facility, Interest Rate Description	2.25% above LIBOR
Debt Instrument, Periodic Payment, Interest	$ 11,270
Notes Payable To Bank Two [Member]
Debt Instrument, Maturity Date	Nov. 1, 2015
Debt Instrument, Periodic Payment, Interest	$ 4,226
Debt Instrument, Interest Rate During Period	3.75%
Notes Payable To Bank Three [Member]
Debt Instrument, Maturity Date	Jan. 15, 2018
Debt Instrument, Periodic Payment, Interest	$ 6,535
Debt Instrument, Interest Rate During Period	3.75%
Notes Payable To Bank Four [Member]
Debt Instrument, Maturity Date	Mar. 1, 2019
Debt Instrument, Periodic Payment, Interest	$ 7,783
Debt Instrument, Interest Rate During Period	3.75%
Notes Payable To Bank Five [Member]
Debt Instrument, Interest Rate During Period	5.50%
Notes Payable To Bank Six [Member]
Debt Instrument, Maturity Date	Jul. 1, 2019
Debt Instrument, Periodic Payment, Interest	$ 11,267
Debt Instrument, Interest Rate During Period	3.90%

ACCOUNTS PAYABLE and ACCRUED 45

ACCOUNTS PAYABLE and ACCRUED EXPENSES (Details) - USD ($) $ in Thousands	Mar. 31, 2016	Jun. 30, 2015
Accounts Payable and Accrued Expenses [Line Items]
Accounts payable	$ 1,619	$ 2,969
Accrued expenses	332	170
Commission	175	132
Depletion allowance	758	525
Personnel	242	242
Accrued grape purchases	40	0
Professional fees	0	18
Total accounts payable and accrued expenses	$ 3,166	$ 4,056

ACCRUAL FOR SALES RETURNS (Deta

ACCRUAL FOR SALES RETURNS (Details Textual) - USD ($) $ in Thousands	9 Months Ended
	Mar. 31, 2016	Jun. 30, 2015
Return Credit Processed	$ 60
Customer Refund Liability, Current	514	$ 524
Accrual For Sales Return	$ 500

COMMITMENTS AND CONTINGENCIES47

COMMITMENTS AND CONTINGENCIES (Details) $ in Thousands	Mar. 31, 2016USD ($)
Line of Credit Facility [Line Items]
2016 (remaining three months)	$ 84
2,017	316
2,018	310
2,019	319
2,020	329
Thereafter	225
Total future rent payments	$ 1,583

COMMITMENTS AND CONTINGENCIES48

COMMITMENTS AND CONTINGENCIES (Details 1) $ in Thousands	Jun. 30, 2015USD ($)
Purchase Obligation, Fiscal Year Maturity [Line Items]
2016 (remaining three months)	$ 2,398
2,017	2,300
2,018	990
2,019	552
Total	6,240
Third Parties [Member]
Purchase Obligation, Fiscal Year Maturity [Line Items]
2016 (remaining three months)	2,398
2,017	1,821
2,018	510
2,019	279
Total	5,008
Related Parties [Member]
Purchase Obligation, Fiscal Year Maturity [Line Items]
2016 (remaining three months)	0
2,017	479
2,018	480
2,019	273
Total	$ 1,232

COMMITMENTS AND CONTINGENCIES49

COMMITMENTS AND CONTINGENCIES (Details Textual) - USD ($) $ in Thousands, shares in Millions	1 Months Ended	3 Months Ended		9 Months Ended
	Feb. 28, 2011	Mar. 31, 2016	Mar. 31, 2015	Mar. 31, 2016	Mar. 31, 2015
Commitments And Contingencies [Line Items]
Percentage Of Annual Increase Rent For Tasting and Winery	3.00%			3.00%
Operating Leases, Rent Expense, Net		$ 100	$ 80	$ 300	$ 200
Tax Benefit Tax Receivable Percent		90.00%		90.00%
Deferred Tax Assets, Net of Valuation Allowance, Noncurrent		$ 6,600		$ 6,600
Long Term Liability Due To LLC Unit Holders		5,900		5,900
Inventory, Finished Goods, Gross		3,700		3,700
Difference In Recorded Deferred Tax Asset				700
Deferred Tax Assets, Valuation Allowance		$ 6,600		$ 6,600
Service Agreement Description				The Company enters into various contracts with third party service providers for grape crushing and bottling. The costs are recorded in the period for which the service is provided. The actual costs related to custom crush services are based on volume. Our current contracts for custom crush services cover the 2015 harvest. The current bottling contract requires a minimum of 200,000 cases at $2.40 per case to be bottled in a one year period.
Convertible LLC Units [Member]
Commitments And Contingencies [Line Items]
Conversion of Stock, Shares Converted				1.3
Convertible LLC Units [Member] | Common Class A [Member]
Commitments And Contingencies [Line Items]
Conversion of Stock, Shares Converted				0.2

DISCONTINUED OPERATIONS (Detail

DISCONTINUED OPERATIONS (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		9 Months Ended
	Mar. 31, 2016	Mar. 31, 2015	Mar. 31, 2016	Mar. 31, 2015
Net income from discontinued operations, net of tax	$ 0	$ (27)	$ 45	$ 58
Earnings Per Share
Basic and diluted weighted average shares (in shares)	4,253,026		4,114,545
Basic and diluted net income per share (in dollars per share)	$ (0.02)	$ (0.07)	$ (0.02)	$ (0.22)
Discontinued Operations [Member]
Net income from operations of discontinued operations	$ 0		$ 30
Gain on sale	0		15
Net income from discontinued operations, net of tax	$ 0		$ 45

DISCONTINUED OPERATIONS (Deta51

DISCONTINUED OPERATIONS (Details Textual)	1 Months Ended
	Jan. 25, 2016
Wine Spies, LLC [Member]
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Sale of Stock, Percentage of Ownership before Transaction	50.00%

STOCK-BASED COMPENSATION (Detai

STOCK-BASED COMPENSATION (Details) - USD ($) $ / shares in Units, $ in Thousands	9 Months Ended	12 Months Ended
	Mar. 31, 2016	Jun. 30, 2015
Employee Stock Option [Member]
Number of Shares, Outstanding at June 30, 2015	220,000
Number of Shares, Granted	270,000
Number of Shares, Vested	0
Number of Shares, Forfeited, cancelled or expired	(20,000)
Number of Shares, Outstanding at March 31, 2016	470,000	220,000
Number of Shares, Expected to vest at March 31, 2016	37,500
Number of Shares, Options Vested	37,500
Number of Shares, Options Non-Vested	432,500
Number of Shares, Options Exerciseable	37,500
Weighted Avg Grant Date Fair Value per Share, Outstanding at June 30, 2015	$ 4.35
Weighted Avg Grant Date Fair Value per Share, Granted	1.96
Weighted Avg Grant Date Fair Value per Share, Vested	0
Weighted Avg Grant Date Fair Value per Share, Forfeited, cancelled or expired	0
Weighted Avg Grant Date Fair Value per Share, Outstanding at March 31, 2016	3.08	$ 4.35
Weighted Avg Grant Date Fair Value per Share, Expected to vest at March 31, 2016	5
Weighted Avg Grant Date Fair Value Per Share, Options Vested	5
Weighted Avg Grant Date Fair Value per Share, Options Non-Vested	2.92
Weighted Avg Grant Date Fair Value per Share, Options Exerciseable	$ 5
Weighted Avg Contractual Term in Years, Outstanding	9 years 4 months 17 days	0 years
Weighted Avg Contractual Term in Years, Granted	0 years
Weighted Avg Contractual Term in Years, Vested	0 years
Weighted Avg Contractual Term in Years, Forfeited, cancelled or expired	0 years
Weighted Avg Contractual Term in Years, Options Non-Vested	0 years
Weighted Avg Contractual Term in Years, Options Exerciseable	0 years
Aggregate Intrinsic Value, Outstanding at June 30, 2015	$ 0
Aggregate Intrinsic Value, Granted	0
Aggregate Intrinsic Value, Vested	0
Aggregate Intrinsic Value, Forfeited, cancelled or expired	0
Aggregate Intrinsic Value, Outstanding at March 31, 2016	0	$ 0
Aggregate Intrinsic Value, Options Non-Vested	0
Aggregate Intrinsic Value, Options Exerciseable	$ 0
Restricted Stock Units (RSUs) [Member]
Number of Shares, Outstanding at June 30, 2015	87,500
Number of Shares, Granted	45,180
Number of Shares, Released	(21,875)
Number of Shares, Vested	0
Number of Shares, Forfeited, cancelled or expired	0
Number of Shares, Outstanding at March 31, 2016	110,805	87,500
Number of Shares, Expected to vest at March 31, 2016	110,805
Number of Shares, Options Vested	110,805
Weighted Avg Grant Date Fair Value per Share, Outstanding at June 30, 2015	$ 5
Weighted Avg Grant Date Fair Value per Share, Granted	1.66
Weighted Avg Grant Date Fair Value per Share, Released	0
Weighted Avg Grant Date Fair Value per Share, Vested	0
Weighted Avg Grant Date Fair Value per Share, Outstanding at March 31, 2016	3.64	$ 5
Weighted Avg Grant Date Fair Value per Share, Expected to vest at March 31, 2016	3.64
Weighted Avg Grant Date Fair Value Per Share, Options Vested	$ 3.64
Weighted Avg Contractual Term in Years, Outstanding	2 years 5 months 19 days	0 years
Weighted Avg Contractual Term in Years, Granted	0 years
Weighted Avg Contractual Term in Years, Released	0 years
Weighted Avg Contractual Term in Years, Vested	0 years
Weighted Avg Contractual Term in Years, Forfeited, cancelled or expired	0 years
Aggregate Intrinsic Value, Outstanding at June 30, 2015	$ 144
Aggregate Intrinsic Value, Granted	74
Aggregate Intrinsic Value, Released	0
Aggregate Intrinsic Value, Vested	0
Aggregate Intrinsic Value, Forfeited, cancelled or expired	0
Aggregate Intrinsic Value, Outstanding at March 31, 2016	182	$ 144
Aggregate Intrinsic Value, Expected to vest at March 31, 2016	$ 182
Restricted Stock [Member]
Number of Shares, Outstanding at June 30, 2015	97,329
Number of Shares, Granted	0
Number of Shares, Released	(86,802)
Number of Shares, Vested	(5,264)
Number of Shares, Forfeited, cancelled or expired	0
Number of Shares, Outstanding at March 31, 2016	5,263	97,329
Number of Shares, Expected to vest at March 31, 2016	5,263
Number of Shares, Options Vested	5,263
Weighted Avg Grant Date Fair Value per Share, Outstanding at June 30, 2015	$ 3.24
Weighted Avg Grant Date Fair Value per Share, Granted	0
Weighted Avg Grant Date Fair Value per Share, Released	0
Weighted Avg Grant Date Fair Value per Share, Vested	3.80
Weighted Avg Grant Date Fair Value per Share, Forfeited, cancelled or expired	0
Weighted Avg Grant Date Fair Value per Share, Outstanding at March 31, 2016	3.61	$ 3.24
Weighted Avg Grant Date Fair Value per Share, Expected to vest at March 31, 2016	3.61
Weighted Avg Grant Date Fair Value Per Share, Options Vested	$ 3.61
Weighted Avg Contractual Term in Years, Outstanding	1 year 8 months 16 days	0 years
Weighted Avg Contractual Term in Years, Granted	0 years
Weighted Avg Contractual Term in Years, Released	0 years
Weighted Avg Contractual Term in Years, Vested	0 years
Weighted Avg Contractual Term in Years, Forfeited, cancelled or expired	0 years
Aggregate Intrinsic Value, Outstanding at June 30, 2015	$ 160
Aggregate Intrinsic Value, Granted	0
Aggregate Intrinsic Value, Released	142
Aggregate Intrinsic Value, Vested	9
Aggregate Intrinsic Value, Forfeited, cancelled or expired	0
Aggregate Intrinsic Value, Outstanding at March 31, 2016	9	$ 160
Aggregate Intrinsic Value, Expected to vest at March 31, 2016	$ 9

STOCK-BASED COMPENSATION (Det53

STOCK-BASED COMPENSATION (Details 1) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Mar. 31, 2016	Mar. 31, 2015	Mar. 31, 2016	Mar. 31, 2015
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Allocated Share-based Compensation Expense	$ 102	$ 115	$ 274	$ 458
Selling and Marketing Expense [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Allocated Share-based Compensation Expense	18	40	36	224
General and Administrative Expense [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Allocated Share-based Compensation Expense	$ 84	$ 75	$ 238	$ 234

STOCK-BASED COMPENSATION (Det54

STOCK-BASED COMPENSATION (Details Textual) - 2012 Stock Incentive Plan [Member] shares in Millions	Mar. 31, 2016shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Common Stock, Capital Shares Reserved for Future Issuance	1
Increase In Common Stock Capital Shares Reserved For Future Issuance	0.5

FAIR VALUE OF FINANCIAL INSTR55

FAIR VALUE OF FINANCIAL INSTRUMENTS (Details) - USD ($) $ in Thousands		Mar. 31, 2016	Jun. 30, 2015
Assets
Total			$ 20
Liabilities
Total		$ (91)
Fair Value, Inputs, Level 2 [Member]
Assets
Total			20
Liabilities
Total		(91)
Interest Rate Swap [Member]
Assets
Total	[1]		20
Liabilities
Total	[2]	(91)
Interest Rate Swap [Member] | Fair Value, Inputs, Level 2 [Member]
Assets
Total	[1]		$ 20
Liabilities
Total	[2]	$ (91)
[1]	Included in “Other current assets” in the Balance Sheet
[2]	Included in “Accounts payable and accrued expenses” in the Balance Sheet

INCOME TAXES (Details Textual)

INCOME TAXES (Details Textual) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Mar. 31, 2016	Mar. 31, 2015	Mar. 31, 2016	Mar. 31, 2015
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate [Line Items]
Effective Income Tax Rate Reconciliation, Percent			1.00%
Income Tax Expense (Benefit)	$ 1	$ 0	$ 1	$ 0
Valuation Allowance, Deferred Tax Asset, Increase (Decrease), Amount	$ 100		$ 500

SIGNIFICANT CUSTOMER INFORMAT57

SIGNIFICANT CUSTOMER INFORMATION, SEGMENT REPORTING AND GEOGRAPHIC INFORMATION (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Mar. 31, 2016	Mar. 31, 2015	Mar. 31, 2016	Mar. 31, 2015
Segment Reporting Information [Line Items]
Net Sales	$ 4,906	$ 4,742	$ 19,780	$ 14,933
Cost of Sales	3,186	2,874	13,272	9,985
Gross Profit	$ 1,720	$ 1,868	$ 6,508	$ 4,948
Gross Profit Percentage	35.10%	39.40%	32.90%	33.10%
Wholesale [Member]
Segment Reporting Information [Line Items]
Net Sales	$ 3,491	$ 3,532	$ 15,451	$ 11,185
Cost of Sales	2,681	2,450	11,753	8,664
Gross Profit	$ 810	$ 1,082	$ 3,698	$ 2,521
Gross Profit Percentage	23.20%	30.60%	23.90%	22.50%
Direct To Consumer [Member]
Segment Reporting Information [Line Items]
Net Sales	$ 1,415	$ 1,210	$ 4,329	$ 3,748
Cost of Sales	505	424	1,519	1,321
Gross Profit	$ 910	$ 786	$ 2,810	$ 2,427
Gross Profit Percentage	64.30%	65.00%	64.90%	64.80%

SIGNIFICANT CUSTOMER INFORMAT58

SIGNIFICANT CUSTOMER INFORMATION, SEGMENT REPORTING AND GEOGRAPHIC INFORMATION (Details 1)	3 Months Ended		9 Months Ended
	Mar. 31, 2016	Mar. 31, 2015	Mar. 31, 2016	Mar. 31, 2015
Wholesale [Member] | Customer A [Member]
Revenue, Major Customer [Line Items]
Concentration Risk Percentage	41.00%	38.00%	41.00%	36.00%
Wholesale [Member] | Customer B [Member]
Revenue, Major Customer [Line Items]
Concentration Risk Percentage	15.00%	14.00%	18.00%	23.00%
Accounts Receivable [Member] | Customer A [Member]
Revenue, Major Customer [Line Items]
Concentration Risk Percentage			45.00%	36.00%
Accounts Receivable [Member] | Customer B [Member]
Revenue, Major Customer [Line Items]
Concentration Risk Percentage			13.00%	22.00%

SIGNIFICANT CUSTOMER INFORMAT59

SIGNIFICANT CUSTOMER INFORMATION, SEGMENT REPORTING AND GEOGRAPHIC INFORMATION (Details Textual) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Mar. 31, 2016	Mar. 31, 2015	Mar. 31, 2016	Mar. 31, 2015
Segment Reporting Information [Line Items]
Revenue, Net, Total	$ 4,906	$ 4,742	$ 19,780	$ 14,933
International Sales [Member]
Segment Reporting Information [Line Items]
Revenue, Net, Total	$ 200	$ 500	$ 700	$ 1,400