Cantaloupe (CTLP) 10-K 23 Aug 17 2017 FY Annual report Financial data

Document and Entity Information

Document and Entity Information - USD ($)	12 Months Ended
	Jun. 30, 2017	Aug. 07, 2017	Dec. 31, 2016
Document and Entity Information [Abstract]
Entity Registrant Name	USA TECHNOLOGIES INC
Entity Central Index Key	896,429
Entity Current Reporting Status	Yes
Entity Voluntary Filers	No
Current Fiscal Year End Date	--06-30
Entity Filer Category	Accelerated Filer
Entity Well-known Seasoned Issuer	No
Entity Common Stock, Shares Outstanding		50,017,368
Entity Public Float			$ 167,436,169
Document Type	10-K
Document Period End Date	Jun. 30, 2017
Amendment Flag	false
Document Fiscal Year Focus	2,017
Document Fiscal Period Focus	FY

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands	Jun. 30, 2017	Jun. 30, 2016
Current assets:
Cash and Cash Equivalents	$ 12,745	$ 19,272
Accounts receivable, less allowance for doubtful accounts of $3,149 and $2,814, respectively	7,193	4,899
Finance receivables	11,010	3,588
Inventory	4,586	2,031
Prepaid expenses and other current assets	968	987
Total current assets	36,502	30,777
Finance receivables, less current portion	8,607	3,718
Other assets	687	348
Property and equipment, net	12,111	9,765
Deferred income taxes	27,670	27,724
Intangibles, net	622	798
Goodwill	11,492	11,703
Total assets	97,691	84,833
Current liabilities:
Accounts payable	16,054	12,354
Accrued expenses	4,130	3,458
Line of credit, net	7,036	7,119
Capital lease obligations and current obligations under long-term debt	3,230	629
Income taxes payable	10	18
Warrant liabilities		3,739
Deferred gain from sale-leaseback transactions	239	860
Total current liabilities	30,699	28,177
Long-term liabilities:
Capital lease obligations and current obligations under long-term debt	1,061	1,576
Accrued expenses, less current portion	53	15
Deferred gain from sale-leaseback transactions, less current portion	100	40
Total long-term liabilities	1,214	1,631
Total liabilities	31,913	29,808
Commitments and contingencies (Note 17)
Shareholders' equity:
Preferred stock
Common stock, no par value, 640,000,000 shares authorized, 40,331,645 and 37,783,444 shares issued and outstanding at June 30, 2017 and 2016, respectively	245,999	233,394
Accumulated deficit	(183,359)	(181,507)
Total shareholders' equity	65,778	55,025
Total liabilities and shareholders' equity	97,691	84,833
Series A Convertible Preferred Stock
Shareholders' equity:
Preferred stock	$ 3,138	$ 3,138

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parentheticals) - USD ($) $ in Thousands	Jun. 30, 2017	Jun. 30, 2016
Allowance for uncollectible accounts receivable (in dollars)	$ 3,149	$ 2,814
Financing Receivable, Allowance for Credit Losses (in dollars)	$ 19	$ 0
Preferred stock, no par value (in dollars per share)	$ 0	$ 0
Preferred stock, shares authorized	1,800,000	1,800,000
Preferred stock, shares issued	0	0
Common stock, no par value (in dollars per share)	$ 0	$ 0
Common stock, shares authorized	640,000,000	640,000,000
Common stock, shares issued	40,331,645	37,783,444
Common stock, shares outstanding	40,331,645	37,783,444
Series A Convertible Preferred Stock
Preferred stock, shares authorized	900,000	900,000
Preferred stock, shares issued	445,063	445,063
Preferred stock, shares outstanding	445,063	445,063
Preferred stock, liquidation preference value (in dollars)	$ 18,775	$ 18,108

Consolidated Statements of Oper

Consolidated Statements of Operations - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2015
Revenues:
License and transaction fees	$ 69,142	$ 56,589	$ 43,633
Equipment sales	34,951	20,819	14,444
Total revenues	104,093	77,408	58,077
Cost of services	47,053	38,089	29,429
Cost of equipment	30,394	17,334	11,825
Total cost of sales	77,447	55,423	41,254
Gross profit	26,646	21,985	16,823
Operating expenses:
Selling, general and administrative	25,493	22,373	16,451
Depreciation and amortization	1,018	647	612
Impairment of intangible asset		432
Total operating expenses	26,511	23,452	17,063
Operating income (loss)	135	(1,467)	(240)
Other income (expense):
Interest income	482	320	83
Other income			52
Interest expense	(892)	(600)	(302)
Change in fair value of warrant liabilities	(1,490)	(5,674)	(393)
Total other expense, net	(1,900)	(5,954)	(560)
Loss before (provision) benefit for income taxes	(1,765)	(7,421)	(800)
(Provision) benefit for income taxes	(87)	615	(289)
Net loss	(1,852)	(6,806)	(1,089)
Cumulative preferred dividends	(668)	(668)	(668)
Net loss applicable to common shares	$ (2,520)	$ (7,474)	$ (1,757)
Net loss per common share - basic and diluted	$ (0.06)	$ (0.21)	$ (0.05)
Weighted average number of common shares outstanding - basic and diluted	39,860,335	36,309,047	35,719,211

Consolidated Statements of Shar

Consolidated Statements of Shareholders' Equity - USD ($) $ in Thousands	Series A Convertible Preferred StockConversion of preferred stock	Common Stock	Accumulated Deficit	Total
Balance at Jun. 30, 2014	$ 3,138	$ 224,210	$ (173,612)	$ 53,736
Balance (in shares) at Jun. 30, 2014	445,063	35,602,123
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Stock based compensation		$ 716		716
Stock based compensation (in shares)		193,439
Retirement of common stock		$ (62)		(62)
Retirement of common stock (in shares)		(31,899)
Excess tax benefits from stock-based compensation		$ 10		10
Net loss			(1,089)	(1,089)
Balance at Jun. 30, 2015	$ 3,138	$ 224,874	(174,701)	53,311
Balance (in shares) at Jun. 30, 2015	445,063	35,763,663
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Warrants issued in conjunction with Line of Credit Agreement		$ 52		52
Fair value of exercised warrant liability		2,914		2,914
Exercise of warrants		$ 4,918		4,918
Exercise of warrants (in shares)		1,887,325
Stock based compensation		$ 849		849
Stock based compensation (in shares)		184,992
Retirement of common stock		$ (213)		(213)
Retirement of common stock (in shares)		(52,536)
Net loss			(6,806)	(6,806)
Balance at Jun. 30, 2016	$ 3,138	$ 233,394	(181,507)	55,025
Balance (in shares) at Jun. 30, 2016	445,063	37,783,444
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Fair value of exercised warrant liability		$ 5,229		5,229
Exercise of warrants		$ 6,193		6,193
Exercise of warrants (in shares)		2,401,408
Stock based compensation		$ 1,214		1,214
Stock based compensation (in shares)		153,326
Retirement of common stock		$ (31)		(31)
Retirement of common stock (in shares)		(6,533)
Net loss			(1,852)	(1,852)
Balance at Jun. 30, 2017	$ 3,138	$ 245,999	$ (183,359)	$ 65,778
Balance (in shares) at Jun. 30, 2017	445,063	40,331,645

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2015
OPERATING ACTIVITIES:
Net loss	$ (1,852)	$ (6,806)	$ (1,089)
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:
Non-cash stock-based compensation	1,214	849	716
(Gain) loss on disposal of property and equipment	(177)	(167)	(17)
Non-cash interest and amortization of debt discount	113	13
Bad debt expense	764	1,450	1,098
Depreciation and amortization	5,591	5,222	5,731
Impairment of intangible asset		432
Change in fair value of warrant liabilities	1,490	5,674	393
Deferred income taxes, net	54	(660)	215
Gain on sale of finance receivables			(52)
Recognition of deferred gain from sale-leaseback transactions	(560)	(860)	(834)
Changes in operating assets and liabilities:
Accounts receivable	(2,988)	(375)	(2,539)
Finance receivables	(12,119)	(2,040)	(4,114)
Inventory	(2,399)	1,036	(1,931)
Prepaid expenses and other current assets	(304)	(763)	(304)
Accounts payable and accrued expenses	4,410	3,080	996
Income taxes payable	(8)	383	33
Net cash provided by (used in) operating activities	(6,771)	6,468	(1,698)
INVESTING ACTIVITIES:
Purchase of property and equipment, including rentals	(4,041)	(536)	(1,702)
Proceeds from sale of rental equipment under sale-leaseback transactions			4,994
Proceeds from sale of property and equipment	348	389	62
Cash paid for assets acquired from VendScreen		(5,625)
Net cash (used in) provided by investing activities	(3,693)	(5,772)	3,354
FINANCING ACTIVITIES:
Cash used in retirement of common stock	(31)	(213)	(62)
Proceeds from exercise of common stock warrants	6,193	4,918
Deferred financing costs	(90)
Proceeds from line of credit		7,163	(1,000)
Repayment of line of credit	(106)	(3,992)
Repayment of capital lease obligations and long-term debt	(2,029)	(674)	(359)
Proceeds from long-term debt			2,057
Excess tax benefits from share-based compensation			10
Net cash provided by financing activities	3,937	7,202	646
Net (decrease) increase in cash and cash equivalents	(6,527)	7,898	2,302
Cash and cash equivalents at beginning of year	19,272	11,374	9,072
Cash and cash equivalents at end of year	12,745	19,272	11,374
Supplemental disclosures of cash flow information:
Interest paid in cash	735	551	306
Income taxes paid in cash (refund), net	(335)	501	31
Reclass of rental program property to inventory, net	156	1,150	674
Prepaid items financed with debt	54	103	103
Equipment and software acquired under capital lease	$ 4,065	$ 444	108
Disposal of property and equipment under sale-leaseback transactions			$ 3,873

BUSINESS

BUSINESS	12 Months Ended
	Jun. 30, 2017
Organization, Consolidation and Presentation of Financial Statements [Abstract]
BUSINESS	1. BUSINES USA Technologies, Inc. (the “Company”, “We”, “USAT”, or “Our”) was incorporated in the Commonwealth of Pennsylvania in January 1992. We are a provider of technology-enabled solutions and value-added services that facilitate electronic payment transactions primarily within the unattended Point of Sale (“POS”) market. We are a leading provider in the small ticket, beverage and food vending industry and are expanding our solutions and services to other unattended market segments, such as amusement, commercial laundry, kiosk and others. Since our founding, we have designed and marketed systems and solutions that facilitate electronic payment options, as well as telemetry Internet of Things (“IoT”) and machine-to-machine (“M2M”) services, which include the ability to remotely monitor, control, and report on the results of distributed assets containing our electronic payment solutions. Historically, these distributed assets have relied on cash for payment in the form of coins or bills, whereas, our systems allow them to accept cashless payments such as through the use of credit or debit cards or other emerging contactless forms, such as mobile payment. All of our customers are located in North America.

ACCOUNTING POLICIES

ACCOUNTING POLICIES	12 Months Ended
	Jun. 30, 2017
Accounting Policies [Abstract]
ACCOUNTING POLICIES	2. ACCOUNTING POLICIES CONSOLIDATION The accompanying consolidated financial statements include the accounts of the Company and its wholly-owned subsidiaries. All significant intercompany accounts and transactions have been eliminated in consolidation. USE OF ESTIMATES The preparation of the consolidated financial statements in conformity with U.S. generally accepted accounting principles (“GAAP”) requires management to make estimates and assumptions that affect the amounts reported in the consolidated financial statements and accompanying notes. Actual results could differ from those estimates. CASH AND CASH EQUIVALENTS Cash equivalents represent all highly liquid investments with original maturities of three months or less from time of purchase. Cash equivalents are comprised of money market funds. The Company maintains its cash in bank deposit accounts, which may exceed federally insured limits at times. ACCOUNTS RECEIVABLE AND ALLOWANCE FOR DOUBTFUL ACCOUNTS Accounts receivable include amounts due to the Company for sales of equipment, other amounts due from customers, merchant service receivables, and unbilled amounts due from customers, net of the allowance for uncollectible accounts. The Company maintains an allowance for doubtful accounts for estimated losses resulting from the inability of its customers to make required payments, including from a shortfall in the customer transaction fund flow from which the Company would normally collect amounts due. The allowance is determined through an analysis of various factors including the aging of the accounts receivable, the strength of the relationship with the customer, the capacity of the customer transaction fund flow to satisfy the amount due from the customer, and an assessment of collection costs and other factors. The allowance for doubtful accounts receivable is management’s best estimate as of the respective reporting date. The Company writes off accounts receivable against the allowance when management determines the balance is uncollectible and the Company ceases collection efforts. Management believes that the allowance recorded is adequate to provide for its estimated credit losses. FINANCE RECEIVABLES The Company offers extended payment terms to certain customers for equipment sales under its Quick Start Program. In accordance with the Financial Accounting Standards Board (“FASB”) Accounting Standards Codification® (“ASC”) Topic 840, “Leases”, agreements under the Quick Start Program qualify for sales-type lease accounting. Accordingly, the future minimum lease payments are classified as finance receivables in the Company’s consolidated balance sheets. Finance receivables or Quick Start leases are generally for a sixty month term. Finance receivables are carried at their contractual amount and charged off against the allowance for credit losses when management determines that recovery is unlikely and the Company ceases collection efforts. The Company recognizes a portion of the note or lease payments as interest income in the accompanying consolidated financial statements based on the effective interest rate method. INVENTORY Inventory consists of finished goods. The company's inventories are valued at the lower of cost or net realizable value. The Company establishes allowances for obsolescence of inventory based upon quality considerations and assumptions about future demand and market conditions. PROPERTY AND EQUIPMENT, Net Property and equipment are recorded at cost. Property and equipment are depreciated on the straight-line basis over the estimated useful lives of the related assets. Leasehold improvements are amortized on the straight-line basis over the lesser of the estimated useful life of the asset or the respective lease term and are included in “Depreciation and amortization’ in the Consolidated Statements of Operations. GOODWILL AND INTANGIBLE ASSETS The Company’s intangible assets include goodwill, trademarks, non-compete agreements, brand, developed technology and customer relationships. Goodwill represents the excess of cost over fair value of the net assets purchased in acquisitions. The Company accounts for goodwill in accordance with ASC 350, “Intangibles – Goodwill and Other”. Under ASC 350, goodwill is not amortized to earnings, but instead is subject to periodic testing for impairment. Testing for impairment is to be done at least annually and at other times if events or circumstances arise that indicate that impairment may have occurred. The Company has selected April 1 as its annual test date. The Company has concluded there has been no impairment of goodwill during the fiscal years ended June 30, 2017, 2016, or 2015. There were no indefinite-lived intangible assets at June 30, 2017. During the fourth quarter of the fiscal year ended June 30, 2016, the fair value of the trademarks were determined to have inconsequential value based on the “relief from royalty” methodology. This assessment resulted in an impairment write-down of $432 thousand during the fourth fiscal quarter of the fiscal year ended June 30, 2016, which is included in “Impairment of intangible asset” in the Consolidated Statement of Operations for the fiscal year ended June 30, 2016. (See Note 7 Goodwill and Intangible Assets for details.) LONG-LIVED ASSETS In accordance with ASC 360, “Impairment or Disposal of Long-Lived Assets”, the Company reviews its definite lived long-lived assets whenever events or changes in circumstances indicate that the carrying amount of such assets may not be recoverable. If the carrying amount of an asset or group of assets exceeds its net realizable value, the asset will be written down to its fair value. In the period when the plan of sale criteria of ASC 360 are met, definite lived long-lived assets are reported as held for sale, depreciation and amortization cease, and the assets are reported at the lower of carrying value or fair value less costs to sell. The Company has concluded that the carrying amount of definite lived long-lived assets is recoverable as of June 30, 2017 and 2016. FAIR VALUE OF FINANCIAL INSTRUMENTS The Company’s financial assets and liabilities are accounted for in accordance with ASC 820 “Fair Value Measurement.” Under ASC 820 the Company uses inputs from the three levels of the fair value hierarchy to measure its financial assets and liabilities. The three levels are as follows: Level 1‑ Inputs are unadjusted quoted prices in active markets for identical assets or liabilities that the Company has the ability to access at the measurement date. Level 2‑ Inputs are other than quoted prices included within Level 1 that are observable for the asset or liability, either directly or indirectly. Level 2 inputs include quoted prices for similar assets and liabilities in active markets, quoted prices for identical or similar assets or liabilities in markets that are not active, inputs other than quoted prices that are observable for the asset or liability (i.e., interest rates, yield curves, etc.), and inputs that are derived principally from or corroborated by observable market data by correlation or other means (market corroborated inputs). Level 3‑ Inputs are unobservable and reflect the Company’s assumptions that market participants would use in pricing the asset or liability. The Company develops these inputs based on the best information available. The Company’s financial instruments, principally accounts receivable, short-term finance receivables, prepaid expenses and other assets, accounts payable and accrued expenses, are carried at cost which approximates fair value due to the short-term maturity of these instruments. The fair value of the Company’s obligations under its long-term debt agreements and the long-term portion of its finance receivables approximate their carrying value as such instruments are at market rates currently available to the Company. CONCENTRATION OF RISKS Financial instruments that subject the Company to a concentration of credit risk consist principally of cash and accounts and finance receivables. The Company maintains cash with various financial institutions where accounts may exceed federally insured limits at times. Approximately 42%, 18% and 35% of the Company’s trade accounts and finance receivables at June 30, 2017, 2016 and 2015, respectively, were concentrated with one customer. Concentration of revenues with customers subject the Company to operating risks. Approximately 20%, 16% and 21% of the Company’s license and transaction processing revenues for the years ended June 30, 2017, 2016 and 2015, respectively, were concentrated with one customer. Approximately 37%, 28% and 17% of the Company’s equipment sales revenue were concentrated with one customer for the years ended June 30, 2017, 2016 and 2015, respectively. The Company’s customers are principally located in the United States. REVENUE RECOGNITION Revenue from the sale or QuickStart lease of equipment is recognized on the terms of free-on-board shipping point. Activation fee revenue, if applicable, is recognized when the Company’s cashless payment device is initially activated for use on the Company network. Transaction processing revenue is recognized upon the usage of the Company’s cashless payment and control network. License fees for access to the Company’s devices and network services are recognized on a monthly basis. In all cases, revenue is only recognized when persuasive evidence of an arrangement exists, delivery has occurred or services have been rendered, the price is fixed and determinable, and collection of the resulting receivable is reasonably assured. The Company estimates an allowance for product returns at the date of sale and license and transaction fee refunds on a monthly basis. ePort hardware is available to customers under the QuickStart program pursuant to which the customer would enter into a five-year non-cancelable lease with either the Company or a third-party leasing company for the devices. The Company utilizes its best estimate of selling price when calculating the revenue to be recorded under these leases. The Quickstart contracts qualify for sales type lease accounting. Accordingly, the Company recognizes a portion of lease payments as interest income. At the end of the lease period, the customer would have the option to purchase the device at its residual value. EQUIPMENT RENTAL The Company offers its customers a rental program for its ePort devices, the JumpStart program (“JumpStart”). JumpStart terms are typically 36 months and are cancellable with thirty to sixty days’ written notice. In accordance with ASC 840, “Leases”, the Company classifies the rental agreements as operating leases, with service fee revenue related to the leases included in license and transaction fees in the Consolidated Statements of Operations. Costs for the JumpStart revenues, which consists of depreciation expense on the JumpStart equipment, is included in cost of services in the Consolidated Statements of Operations. ePort equipment utilized by the JumpStart program is included in property and equipment, net on the Consolidated Balance Sheet. WARRANTY COSTS The Company generally warrants its products for one to three years. Warranty costs are estimated and recorded at the time of sale based on historical warranty experience, if available. These costs are reviewed and adjusted, if necessary, periodically throughout the year. SHIPPING AND HANDLING Shipping and handling fees billed to our customers in connection with sales are recorded as revenue. The costs incurred for shipping and handling of our product are recorded as cost of equipment. ADVERTISING Advertising costs are expensed as incurred. Advertising expense was $0.4 million, $0.3 million, and $0.2 million in the fiscal years ended June 30, 2017, 2016, and 2015, respectively. RESEARCH AND DEVELOPMENT EXPENSES Research and development expenses are expensed as incurred and primarily consist of contractors and product development costs. Research and development expenses, which are included in selling, general and administrative expenses in the Consolidated Statements of Operations, were approximately $1.4 million, $1.4 million and $1.5 million, for the years ended June 30, 2017, 2016, and 2015, respectively. Our research and development initiatives focus on adding features and functionality to our system solutions through the development and utilization of our processing and reporting network and new technology. SOFTWARE DEVELOPMENT COSTS Costs incurred during the preliminary project along with post-implementation stages of internal use computer software development and costs incurred to maintain existing product offerings are expensed as incurred. The capitalization and ongoing assessment of recoverability of development costs require considerable judgment by management with respect to certain external factors, including, but not limited to, technological and economic feasibility and estimated economic life. ACCOUNTING FOR EQUITY AWARDS In accordance with ASC 718 the cost of employee services received in exchange for an award of equity instruments is based on the grant-date fair value of the award and allocated over the requisite service period of the award. LITIGATION COSTS From time to time, we are involved in litigation, claims, contingencies and other legal matters. We record a charge equal to at least the minimum estimated liability for a loss contingency when both of the following conditions are met: (i) information available prior to issuance of the financial statements indicates that it is probable that an asset had been impaired or a liability had been incurred at the date of the financial statements and (ii) the range of the loss can be reasonably estimated. We expense legal costs, including those legal costs expected to be incurred in connection with a loss contingency, as incurred. INCOME TAXES The Company follows the provisions of FASB ASC 740, Accounting for Uncertainty in Income Taxes, which provides detailed guidance for the financial statement recognition, measurement and disclosure of uncertain tax positions recognized in the financial statements. Tax positions must meet a “more-likely-than-not” recognition threshold to be recognized. Income taxes are computed using the asset and liability method of accounting. Under the asset and liability method, a deferred tax asset or liability is recognized for estimated future tax effects attributable to temporary differences and carryforwards. The measurement of deferred income tax assets is adjusted by a valuation allowance, if necessary, to recognize future tax benefits only to the extent, based on available evidence, it is more likely than not such benefits will be realized. The Company recognizes interest and penalties, if any, related to uncertain tax positions in selling, general and administrative expenses. No interest or penalties related to uncertain tax positions were incurred during the years ended June 30, 2017, 2016, and 2015. The Company files income tax returns in the United States federal jurisdiction and various state jurisdictions. The tax years ended June 30, 2014 through June 30, 2017 remain open to examination by taxing jurisdictions to which the Company is subject. While the statute of limitations has expired for years prior to the year ended June 30, 2014, changes in reported losses for those years could be made examination by tax authorities to the extent that operating loss carryforwards from those prior years impact upon taxable income in current years. As of June 30, 2017, the Company did not have any income tax examinations in process. EARNINGS (LOSS) PER COMMON SHARE Basic earnings (loss) per share are calculated by dividing net income (loss) applicable to common shares by the weighted average common shares outstanding for the period. Diluted earnings (loss) per share are calculated by dividing net income (loss) applicable to common shares by the weighted average common shares outstanding for the period plus the dilutive effects of common stock equivalents unless the effects of such common stock equivalents are anti-dilutive. For the years ended June 30, 2017, 2016 and 2015 no effect for common stock equivalents was considered in the calculation of diluted earnings (loss) per share because their effect was anti-dilutive. OTHER COMPREHENSIVE INCOME ASC 220, “Comprehensive Income”, prescribes the reporting required for comprehensive income and items of other comprehensive income. Entities having no items of other comprehensive income are not required to report on comprehensive income. The Company has no items of other comprehensive income for its years ended June 30, 2017, 2016 or 2015. RECENT ACCOUNTING PRONOUNCEMENTS Accounting pronouncements adopted in fiscal year 2017 In July 2015, the FASB issued ASU 2015-11, “Inventory”, which simplifies the measurement of inventory by requiring inventory to be measured at the lower of cost and net realizable value. The standard is effective for financial statements issued for fiscal years beginning after December 15, 2016, and interim periods within those fiscal years. The Company early adopted this guidance during fiscal year 2017. The adoption of this standard did not have a material effect on our consolidated financial statements. In September 2015, the FASB issued ASU 2015-16, “Simplifying the Accounting for Measurement Period Adjustments”, which requires that the acquirer recognize adjustments to provisional amounts that are identified during the measurement period in the reporting period in which the adjustment is determined. We adopted this standard during the first quarter of fiscal 2017. The adoption of this standard did not have a material effect on our consolidated financial statements. In November 2015, the FASB issued ASU 2015‑17, "Balance Sheet Classification of Deferred Taxes", which will require entities to present all deferred tax liabilities and assets as noncurrent on the balance sheet instead of separating deferred taxes into current and noncurrent amounts. The standard will be effective for the Company beginning with the quarter ending September 30, 2017. Early application is permitted. The standard can be applied either prospectively to all deferred tax liabilities and assets or retrospectively to all periods presented. The Company early adopted this guidance during fiscal year 2017. As a result of the adoption, $2.3 million of deferred tax assets were reclassified from current to noncurrent assets as of June 30, 2016. Accounting pronouncements to be adopted. The Company is evaluating whether the effects of the following recent accounting pronouncements or any other recently issued, but not yet effective accounting standards, will have a material effect on the Company’s consolidated financial position, results of operations or cash flows. In May 2014, the FASB issued ASU 2014-09, Revenue from Contracts with Customers (Topic 606). This ASU was amended by ASU No. 2015-14, issued in August 2015, which deferred the original effective date by one year. The new guidance provides a single model for entities to use in accounting for revenue arising from contracts with customers and will supersede most current revenue recognition guidance. The new standard also requires expanded qualitative and quantitative disclosures about the nature, timing and uncertainty of revenue and cash flows rising from contracts with customers. The ASU is now effective for fiscal years, and interim reporting periods within those years, beginning with the year ending June 30, 2019. The Company’s project plan includes a three-phase approach to implementing this standard update. Phase one, the assessment phase, is expected to be completed in the first quarter of 2018 and includes the following activities: conducting internal surveys of the business, holding revenue recognition workshops with sales and business unit finance leadership, and reviewing a representative sample of revenue arrangements across the business to initially identify a set of applicable qualitative revenue recognition changes related to the new standard update. The objectives for the second phase of the project will be to establish and document key accounting policies, assess disclosure, business process and control impacts. Phase two is expected to be completed in the second quarter of 2018. Lastly, phase three’s objectives will comprise effectively implementing the new standard update and embedding the new accounting treatment into the Company’s business processes and controls to support the financial reporting requirements. Phase three is expected to be completed in the fourth quarter of 2018. The Company is still evaluating the impact that the new standard will have on the Company’s consolidated financial statements and will be unable to quantify its impact until the third phase of the project has been completed. The method of adoption has also not yet been determined and is not expected to be finalized until the second phase of the project plan has been completed. In February 2016, the FASB issued ASU 2016-02, "Leases (Topic 842)." ASU 2016-02 requires that a lessee recognize the assets and liabilities that arise from operating leases. A lessee should recognize in the statement of financial position a liability to make lease payments (the lease liability) and a right-of-use asset representing its right to use the underlying asset for the lease term. For leases with a term of 12 months or less, a lessee is permitted to make an accounting policy election by class of underlying asset not to recognize lease assets and lease liabilities. In transition, lessees and lessors are required to recognize and measure leases at the beginning of the earliest period presented using a modified retrospective approach. The company is the lessee under various agreements which are accounted for as operating leases as discussed in Note 18. This amendment will be effective for the Company beginning with the year ending June 30, 2020, including interim periods within those fiscal years. Early application is permitted. In March 2016, the FASB issued ASU No. 2016-09, Compensation - Stock Compensation (Topic 718), Improvements to Employee Share-Based Payment Accounting. The ASU was issued as part of the FASB Simplification Initiative and involves several aspects of accounting for shared-based payment transactions, including income tax consequences, forfeitures and classification on the statement of cash flows. This pronouncement will be effective for the Company beginning with the year ending June 30, 2018, and interim periods within that fiscal year. Accordingly, the company will adopt this standard on July 1, 2017. The primary effects of adoption for the company relate to changes in classification within the Consolidated Statements of Cash Flows and recognition of tax effects related to share-based payments. The new guidance requires all tax related cash flows resulting from share-based payments to be reported as cash provided by operating activities in the Consolidated Statements of Cash Flows. This is a change from the current requirement to present excess tax benefits as cash inflows from financing activities and tax deficiencies as cash outflows from operating activities. The updated guidance also requires all tax effects related to share-based payments to be recognized within the provision for income taxes in the Consolidated Income Statements. Previously excess tax benefits and tax deficiencies were required to be recognized in additional paid-in capital in the Consolidated Balance Sheets. The standard does not permit retrospective adoption of this update. As such, the company will adopt this update on a prospective basis. In August 2016, the FASB issued ASU No. 2016-15, Statement of Cash Flows (Topic 230), Classification of Certain Cash Receipts and Cash Payments. The new guidance makes eight targeted changes to how cash receipts and cash payments are presented and classified in the statement of cash flows. This pronouncement will be effective for the Company beginning with the year ending June 30, 2019, and interim periods within that fiscal year. Early adoption is permitted, including adoption in an interim period. If an entity early adopts the amendments in an interim period, any adjustments should be reflected as of the beginning of the fiscal year that includes that interim period. An entity that elects early adoption must adopt all of the amendments in the same period. The new guidance requires adoption on a retrospective basis unless it is impracticable to apply, in which case the company would be required to apply the amendments prospectively as of the earliest date practicable. In January 2017, the FASB issued ASU 2017-04, Intangibles – Goodwill and Other (Topic 350) – Simplifying the Test for Goodwill Impairment, which outlines updates to simplify the subsequent measurement of goodwill by eliminating Step 2 from the goodwill impairment test. ASU 2017-04 is effective for public business entities for annual periods, including interim periods within those annual periods, beginning after December 15, 2019, with early application permitted.

ACQUISITION

ACQUISITION	12 Months Ended
	Jun. 30, 2017
Business Combinations [Abstract]
ACQUISITION	3. ACQUISITION VENDSCREEN, INC. On January 15, 2016, the Company executed an Asset Purchase Agreement with VendScreen, Inc. (“VendScreen”), a Portland, Oregon based developer of vending industry cashless payment technology, by which it acquired substantially all of VendScreen’s assets and assumed specified liabilities, for a cash payment of $5.6 million. The purchase price was funded using $2.6 million in cash, and the balance of $3.0 million from a term loan which was converted from a line of credit. The acquisition expanded the Company’s capability with interactive media (touchscreen) and content delivery through VendScreen’s cloud-based content delivery platform, device platform and products, customer base, vendor management system (VMS) integration, and consumer product information including nutritional data. In addition to new technology and services, the acquisition added a West Coast operational footprint, with former VendScreen employees able to offer expanded customer services, sales and technical support. On the date of the acquisition, VendScreen had approximately 150 customers with approximately 6,000 connections. Of those 150 customers approximately 50% were new customers of USAT. In December 2016, the Company finalized the opening balance sheet of VendScreen relating to facts existing at the opening balance sheet date and recorded a reduction of goodwill for $211 thousand and increased finance receivables for the same amount within the measurement period. The final goodwill amount related to VendScreen opening balance sheet is $3.8 million. The following table summarizes the purchase price allocation to reflect the fair values of the assets acquired and liabilities assumed at the date of acquisition. ($ in thousands) Consideration: Fair value of total consideration paid in cash $ 5,625 Recognized amounts of identifiable assets acquired and liabilities assumed: Financial Assets: Accounts receivable $ 3 Finance receivables 839 Other current assets 20 Deferred income taxes 18 Fair value of financial assets 880 Property & equipment 81 Identifiable intangible assets: Developed technology 639 Customer relationships 149 Brand 95 Noncompete agreements 2 Fair value of intangible assets 885 Financial liabilities Accrued liabilities (50) Total identifiable net assets 1,796 Goodwill 3,829 Total Fair Value $ 5,625 Of the $885 thousand of acquired intangible assets, $639 thousand was assigned to Developed Technology that is subject to amortization over 5 years, $149 thousand was assigned to Customer Relationships which are subject to amortization over 10 years; $2 thousand was assigned to a non-compete agreement that is subject to amortization over 2 years, and $95 thousand was assigned to the Brand that is subject to amortization over 3 years. All of the intangible assets are amortizable for income tax purposes. The Company incurred $109 thousand and $842 thousand of acquisition / non-recurring expenses consists in connection with the acquisition and integration of the VendScreen business for the fiscal years ended June 30, 2017 and 2016, respectively. These costs were included within Selling, general and administrative expenses on the Consolidated Statement of Operations. The acquired business contributed net revenues of $1.2 million during the fiscal year ended June 30, 2016. ASC 805, Business Combinations, requires the disclosure of additional information including the amounts of earnings of the acquiree since the acquisition date included in the consolidated income statement, and the revenue and earnings of the combined entity as though the business combination that occurred during the current year had occurred at the beginning of the prior annual reporting period (supplemental pro forma information). The disclosure of such information was impractical and is not provided as (1) the acquiree had been integrated into the Company’s operation such that discreet financial information of the acquiree could not be determined, and (2) the financial records of the acquiree were not adequate to allow the preparation of supplemental pro forma information.

EARNINGS PER SHARE CALCULATION

EARNINGS PER SHARE CALCULATION	12 Months Ended
	Jun. 30, 2017
Earnings Per Share [Abstract]
EARNINGS PER SHARE CALCULATION	4. EARNINGS PER SHARE CALCULATION The calculation of basic loss per share and diluted loss per share is presented below: Year ended June 30, ($ in thousands, except per share data) 2017 2016 2015 Numerator for basic and diluted loss per share Net loss $ (1,852) $ (6,806) $ (1,089) Preferred dividends (668) (668) (668) Net loss available to common shareholders $ (2,520) $ (7,474) $ (1,757) Denominator for basic loss per share - Weighted average shares outstanding 39,860,335 36,309,047 35,719,211 Effect of dilutive potential common shares — — — Denominator for diluted loss per share - Adjusted weighted average shares outstanding 39,860,335 36,309,047 35,719,211 Basic loss per share $ (0.06) $ (0.21) $ (0.05) Diluted loss per share $ (0.06) $ (0.21) $ (0.05) Antidilutive shares excluded from the calculation of diluted loss per share were 634,231, 1,168,689, and 252,827 for the years ended June 30, 2017, 2016 and 2015, respectively.

FINANCE RECEIVABLES

FINANCE RECEIVABLES	12 Months Ended
	Jun. 30, 2017
Receivables [Abstract]
FINANCE RECEIVABLES	5. FINANCE RECEIVABLES Finance receivables consist of the following: June 30, June 30, ($ in thousands) 2017 2016 Total finance receivables $ 19,617 $ 7,306 Less current portion 11,010 3,588 Non-current portion of finance receivables $ 8,607 $ 3,718 The Company accounts for their finance receivables using delinquency and nonaccrual data as key performance indicators. At June 30, 2017, $102 thousand is outstanding and classified as nonperforming. The Company expects to collect on their outstanding finance receivables without the contracting of third parties. At June 30, 2017, credit quality indicators consist of the following: Credit risk profile based on payment activity: June 30, June 30, ($ in thousands) 2017 2016 Performing $ 19,515 $ 7,174 Nonperforming 102 132 Total $ 19,617 $ 7,306 Age Analysis of Past Due Finance Receivables As of June 30, 2017 30 and under 31 – 60 61 – 90 Greater than Total Days Past Days Past Days Past 90 Days Past Total Past Finance ($ in thousands) Due Due Due Due Due Current Receivables QuickStart Leases $ 29 $ 3 $ 35 $ 35 $ 102 $ 19,515 $ 19,617 Age Analysis of Past Due Finance Receivables As of June 30, 2016 30 and under 31 – 60 61 – 90 Greater than Total Days Past Days Past Days Past 90 Days Past Total Past Finance ($ in thousands) Due Due Due Due Due Current Receivables QuickStart Leases $ — $ 98 $ 31 $ 3 $ 132 $ 7,174 $ 7,306 Finance receivables due for each of the fiscal years following June 30, 2017 are as follows: ($ in thousands) 2018 $ 11,010 2019 2,417 2020 2,462 2021 2,006 2022 1,656 Thereafter 66 19,617

PROPERTY AND EQUIPMENT

PROPERTY AND EQUIPMENT	12 Months Ended
	Jun. 30, 2017
Property, Plant and Equipment [Abstract]
PROPERTY AND EQUIPMENT	6. PROPERTY AND EQUIPMENT, net Property and equipment consist of the following: June 30, 2017 Useful Accumulated ($ in thousands) Lives Cost Depreciation Net Computer equipment and software 3-7 years $ 5,951 $ (4,800) $ 1,151 Internal-use software 3-5 years 1,089 (112) 977 Property and equipment used for rental program 5 years 31,406 (21,948) 9,458 Furniture and equipment 3-7 years 1,174 (774) 400 Leasehold improvements (1) 218 (93) 125 $ 39,838 $ (27,727) $ 12,111 June 30, 2016 Useful Accumulated ($ in thousands) Lives Cost Depreciation Net Computer equipment and purchased software 3-7 years $ 5,369 $ (4,365) $ 1,004 Internal-use software 3-5 years 137 (9) 128 Property and equipment used for rental program 5 years 26,648 (18,246) 8,402 Furniture and equipment 3-7 years 874 (654) 220 Leasehold improvements (1) 575 (564) 11 $ 33,603 $ (23,838) $ 9,765 (1) Lesser of lease term or estimated useful life The total for gross assets under capital leases was approximately $6.6 million and $2.6 million and accumulated amortization totaled $3.1 million and $1.9 million as of June 30, 2017 and 2016, respectively. Capital lease amortization of approximately $1.2 million, $271 thousand and $349 thousand, is included in depreciation expense for the years ended June 30, 2017, 2016, and 2015, respectively. Depreciation expense allocated within our cost of sales for rental equipment was $4.6 million, $4.6 million, and $5.1 million for the years ended June 30, 2017, 2016, and 2017 respectively.

GOODWILL AND INTANGIBLE ASSETS

GOODWILL AND INTANGIBLE ASSETS	12 Months Ended
	Jun. 30, 2017
Goodwill and Intangible Assets Disclosure [Abstract]
GOODWILL AND INTANGIBLE ASSETS	7. GOODWILL AND INTANGIBLE ASSETS Amortization expense relating to all acquired intangible assets was approximately $176 thousand, $87 and $0 during each of the years ended June 30, 2017, 2016 and 2015, respectively. Intangible asset balances consisted of the following: Beginning Year ended June 30, 2017 Ending Balance Additions/ Balance Amortization ($ in thousands) July 1, 2016 Adjustments Amortization June 30, 2017 Period Intangible Assets: Non-compete agreements 1 — (1) — 2 years Brand 79 — (32) 47 3 years Developed technology 576 — (128) 448 5 years Customer relationships 142 — (15) 127 10 years Total Intangible Assets $ 798 $ — $ (176) $ 622 Goodwill 11,703 (211) — 11,492 Indefinite Total Intangible Assets and Goodwill $ 12,501 $ (211) $ (176) $ 12,114 During fiscal 2017, the Company recorded adjustments which resulted in a measurement period adjustment of $211 thousand between goodwill and finance receivables. Beginning Year ended June 30, 2016 Ending Balance Additions/ Balance Amortization ($ in thousands) July 1, 2015 Adjustments Amortization June 30, 2016 Period Intangible assets: Trademarks - Indefinite $ 432 $ (432) $ — $ — Indefinite Non-compete agreements — 2 (1) 1 2 years Brand — 95 (16) 79 3 years Developed technology — 639 (63) 576 5 years Customer relationships — 149 (7) 142 10 years Total Intangible Assets $ 432 $ 453 $ (87) $ 798 Goodwill 7,663 4,040 — 11,703 Indefinite Total Intangible Assets and Goodwill $ 8,095 $ 4,493 $ (87) $ 12,501 In testing for impairment in fiscal year 2017, the Company concluded no impairment was needed for goodwill and there were no remaining indefinite-lived intangible assets subject to testing. During the fourth quarter of the fiscal year ended June 30, 2016, the fair value of the indefinite-lived trademarks related to 1) VendingMiser, 2) CoolerMiser, 3) PlugMiser and 4) SnackMiser were determined to have inconsequential value based on the “relief from royalty” methodology. Key assumptions in the valuation included the forecast sales volume, the royalty rate, the tax amortization benefit, and the estimated remaining economic useful life. This assessment resulted in an impairment write-down during the fourth fiscal quarter of $432 thousand, which is included in “Impairment of intangible asset” in the Consolidated Statement of Operations for the fiscal year ended June 30, 2016. At June 30, 2017, amortizable intangible asset balances were: Accumulated ($ in thousands) Cost Amortization Net Book Value Non-compete agreements $ 2 $ (2) $ — Brand 95 (48) $ 47 Developed Technology 639 (191) $ 448 Customer Relationships 149 (22) $ 127 $ 885 $ (263) $ 622 Estimated annual amortization expense for amortizable intangible assets is as follows: 2018 $ 175 2019 159 2020 143 2021 79 2022 15 Thereafter 51 $ 622

ACCRUED EXPENSES

ACCRUED EXPENSES	12 Months Ended
	Jun. 30, 2017
Accrued Liabilities [Abstract]
ACCRUED EXPENSES	8. ACCRUED EXPENSES Accrued expenses consist of the following: June 30, June 30, ($ in thousands) 2017 2016 Accrued compensation and related sales commissions $ 1,495 $ 1,268 Accrued professional fees 798 809 Accrued taxes and filing fees 916 795 Advanced customer billings 442 236 Accrued other 532 365 4,183 3,473 Less current portion (4,130) (3,458) $ 53 $ 15

LINE OF CREDIT

LINE OF CREDIT	12 Months Ended
	Jun. 30, 2017
Line Of Credit Facility [Abstract]
LINE OF CREDIT	9. LINE OF CREDIT During the fiscal year ended June 30, 2016, the Company entered into a Loan and Security Agreement and other ancillary documents (as amended, the “Heritage Loan Documents”) with Heritage Bank of Commerce (“Heritage Bank”), providing for a secured asset-based revolving line of credit in an amount of up to $12.0 million (the “Heritage Line of Credit”) at an interest rate calculated based on the Federal Reserves’ Prime, which was 4.25% at June 30, 2017, plus 2.25%. The Heritage Line of Credit and the Company’s obligations under the Heritage Loan Documents are secured by substantially all of the Company’s assets, including its intellectual property. During March 2017, the Company entered into the third amendment with Heritage Bank that extended the maturity date of the Heritage Line of Credit from March 29, 2017 to September 30, 2018. The Company paid a total of $90 thousand in deferred financing costs. At the time of maturity, all outstanding advances under the Heritage Line of Credit as well as any unpaid interest are due and payable. Prior to maturity of the Heritage Line of Credit, the Company may prepay amounts due under the Heritage Line of Credit without penalty, and subject to the terms of the Heritage Loan Documents, may re-borrow any such amounts. The Heritage Loan Documents contain customary representations and warranties and affirmative and negative covenants applicable to the Company. The balance due on the Heritage Line of Credit was $7.1 million at June 30, 2017 and $7.2 million at June 30, 2016. Included in the Heritage Line of Credit balance is $75 thousand of unamortized debt issuance costs, which is reflected in our net liability of $7.0 million for year ending June 30, 2017. As of June 30, 2017, $4.9 million was available under our line of credit. For Year ended June 30, ($ in thousands) 2017 2016 Principal balance at period-end $ 7,111 $ 7,217 Unamortized discount (75) (98) Line of credit, net $ 7,036 $ 7,119 Maximum amount outstanding at any month end $ 7,395 $ 7,217 Average balance outstanding during the period $ 7,177 $ 4,959 Weighted-average interest rate: As of the period-end 6.5 % 5.8 % Paid during the period 6.0 % 5.5 % Interest expense on the Line of Credit was approximately $434 thousand, $260 thousand and $211 thousand during each of the years ended June 30, 2017, 2016 and 2015 respectively.

SHORT TERM AND LONG-TERM DEBT B

SHORT TERM AND LONG-TERM DEBT BORROWINGS	12 Months Ended
	Jun. 30, 2017
Debt Disclosure [Abstract]
SHORT TERM AND LONG-TERM DEBT BORROWINGS	10. SHORT-TERM AND LONG-TERM DEBT BORROWINGS ASSIGNMENT OF QUICKSTART LEASES In February and May 2015, the Company assigned its interest in certain finance receivables (various 60 month QuickStart leases) to third-party finance companies in exchange for cash and the assumption of financing obligations in the aggregate of $1.8 million and $304 thousand, respectively. These assignment transactions contain recourse provisions for the Company which requires the proceeds from the assignment to be treated as long-term debt. The financing obligations range in interest rate from 9.4% to 9.5%. CAPITAL LEASE OBLIGATIONS During the fiscal year ended June 30, 2017, the Company extended the termination date for each of its six Sales Leaseback Agreements (the “Sale Leaseback Agreements”) with a third party financing company for an additional year, and the extension will also result in the transfer of ownership of the leased assets to the Company at the end of the new term. As a result of the new provision for ownership transfer back to the Company, the Sale Leaseback Agreements previously considered to be operating leases are classified as capital leases at June 30, 2017. The capital lease obligation related to the Sale Leaseback Agreements was $2.4 million at June 30, 2017. See Note 17 to the Consolidated Financial Statements for additional information relating to the Sale Leaseback Agreements. The Company periodically enters into capital lease obligations to finance certain office and network equipment for use in its daily operations. At June 30, 2017 and 2016, such capital lease obligations were $0.3 million and $0.4 million, respectively. The interest rates on these obligations range from approximately 5.6% to 9.0% and the lease terms range from 2 to 5 years. The value of the equipment related to capital leases is included in property and equipment and depreciated over the applicable estimated useful lives accordingly. The balance of long-term debt and capital lease obligations as of June 30, 2017 and June 30, 2016 are shown in the table below. June 30, June 30, ($ in thousands) 2017 2016 Assignment of QuickStart Leases $ 1,226 $ 1,600 Capital lease obligations 3,065 605 $ 4,291 $ 2,205 Less current portion 3,230 629 $ 1,061 $ 1,576 The maturities of long-term debt and capital lease obligations for each of the fiscal years following June 30, 2017 are as follows: 0g 2018 $ 3,230 2019 654 2020 375 2021 22 2022 10 $ 4,291

FAIR VALUE OF FINANCIAL INSTRUM

FAIR VALUE OF FINANCIAL INSTRUMENTS	12 Months Ended
	Jun. 30, 2017
Fair Value Disclosures [Abstract]
FAIR VALUE OF FINANCIAL INSTRUMENTS	11. FAIR VALUE OF FINANCIAL INSTRUMENTS As of June 30, 2017, the Company held no Level 1, Level 2 or Level 3 financial instruments. As of 2016, the Company held no Level 1 or Level 2 financial instruments. In accordance with the fair value hierarchy described in Note 2, the following table shows the fair value of the Company’s level 3 financial instruments that were required to be measured at fair value as of June 30, 2016: June 30, 2016 Level 1 Level 2 Level 3 Total Common stock warrant liability, 2.2 million warrants exercisable at $2.6058 from September 17, 2011 through September 17, 2016 $ — $ — $ 3,739 $ 3,739 As of June 30, 2016 fair value of the Company’s Level 3 financial instruments totaled $3.7 million for 2.2 million warrants. The level 3 financial instrument consisted of common stock warrants issued by the Company during March 2011, which included features requiring liability treatment of the warrants. The fair value of warrants issued March 2011 to purchase shares of the Company’s common stock was based on valuations performed by an independent third party valuation firm. The fair value was determined using proprietary valuation models considering the quality of the underlying securities of the warrants, restrictions on the warrants and security underlying the warrants, time restrictions, and precedent sale transactions completed on the secondary market or in other private transactions. There were no transfer of assets or liabilities between level 1, level 2, or level 3 during the years ended June 30, 2017 and 2016. For Year Ended June 30, ($ in thousands) 2017 2016 Beginning balance $ (3,739) $ (978) Increase due to change in fair value of warrant liabilities (1,490) (5,674) Reduction due to warrant exercises 5,229 2,913 Ending balance $ — $ (3,739)

WARRANTS

WARRANTS	12 Months Ended
	Jun. 30, 2017
Warrants [Abstract]
WARRANTS	12. WARRANTS All warrants outstanding as of June 30, 2017 were exercisable. The following table shows exercise prices and expiration dates for warrants outstanding as of June 30, 2017: Exercise Warrants Price Expiration Outstanding Per Share Date $ 5.00 March 29, 2021 The following table shows exercise prices and expiration dates for warrants outstanding as of June 30, 2016: Exercise Warrants Price Expiration Outstanding Per Share Date $ 2.61 September 18, 2016 $ 2.10 December 31, 2017 $ 5.00 March 29, 2021 Warrant activity for the years ended June 30, 2017, 2016, and 2015 was as follows: Warrants Outstanding at June 30, 2015 4,309,000 Issued 23,978 Exercised (1,887,325) Expired — Outstanding at June 30, 2016 2,445,653 Issued — Exercised (2,401,408) Cancelled (20,267) Expired — Outstanding at June 30, 2017 23,978 On March 17, 2011, in conjunction with a private placement offering the Company issued warrants to purchase up to 4.3 million shares of Common Stock, exercisable at $2.6058 per share. The 4.3 million warrants were exercisable from September 17, 2011 through September 17, 2016. During the year ended June 30, 2017 and June 30, 2016, approximately 2.4 million and 1.9 million warrants were exercised and the Company received cash proceeds of $6.2 million and $4.9 million, respectively. Due to a change in control provision, the Company has recorded a liability of $0.0 million and $3.7 million at June 30, 2017 and 2016, respectively, for the estimated fair value of the warrants in its Consolidated Balance Sheet (see Note 11‑Fair Value of Financial Instruments). Period to period changes in the fair value of these warrants were reflected through income. As of June 30, 2017 all of these warrants have been exercised. In conjunction with the Loan and Security agreement (Note 9 – Line of Credit) and as a condition of the Avid bank (“the Bank”) entering into the First Amendment, the Company issued to the Bank warrants to purchase up to 45 thousand shares of Common Stock of the Company. The warrants were exercisable at any time prior to December 31, 2017 at an exercise price of $2.10 per share. Upon issuance, the fair value of the warrants was $55 thousand using a Black Scholes model, which was recorded as prepaid interest and included in other assets on the Consolidated Balance Sheet, and was amortized as non-cash interest expense over the remaining term of the Line of Credit as amended in January 2013. During the year ended June 30, 2017, these options were converted into shares per the terms of the warrant agreement. As of June 30, 2017 all of these warrants have been exercised. On March 29, 2016, the Company entered into a Loan and Security Agreement with a secondary bank (Note 9 – Line of Credit), providing a secured asset-based revolving line of credit in an amount of up to $12 million. In conjunction with the Loan and Security Agreement the company issued to the bank warrants to purchase up to 24 thousand shares of Common Stock of the Company. The warrants are exercisable at any time prior to March 29, 2021 at an exercise price of $5.00 per share. At the time of issuance the fair value of the warrants was estimated at $52 thousand using a Black Scholes model. This was recorded as a contra-debt item and is included in the line of credit on the Consolidated Balance Sheet, and is being amortized as a non-cash interest expense over the remaining term of the Line of Credit. Non-cash interest expense of $39 thousand and $13 thousand has been recognized for the year ending June 30, 2017 and 2016, respectively related to this warrant. As of June 30, 2017 all of the non-cash interest expense has been fully amortized.

INCOME TAXES

INCOME TAXES	12 Months Ended
	Jun. 30, 2017
Income Tax Disclosure [Abstract]
INCOME TAXES	13. INCOME TAXES The Company has significant deferred tax assets, a substantial amount of which result from operating loss carryforwards. The Company routinely evaluates its ability to realize the benefits of these assets to determine whether it is more likely than not that such benefit will be realized. In periods prior to the year ended June 30, 2014, the Company’s evaluation of its ability to realize the benefit from its deferred tax assets resulted in a full valuation allowance against such assets. Based upon earnings performance that the Company had achieved along with the belief that such performance will continue into future years, the Company determined during the year ended June 30, 2014 that it was more likely than not that a substantial portion of its deferred tax assets would be realized with approximately $64 million of its operating loss carryforwards being utilized to offset corresponding future years’ taxable income resulting in a reduction in its valuation allowances recorded in prior years. In addition to considering recent periods’ performance, the evaluation of the amount of deferred tax assets expected to be realized involves forecasting the amount of taxable income that will be generated in future years. The number of connections added in a service year is a key metric which, in the Company’s recurring revenue service model, becomes an important ingredient in driving future growth and earnings. The Company has forecasted future results using estimates that management believes to be achievable. With respect to its forecasts, the Company also has taken into account several industry analysts who have projected that demand for technology and services similar to the Company’s will continue to grow in the markets the Company serves. If in future periods the Company demonstrates its ability to grow taxable income in excess of the forecasts it has used, it will re-evaluate the need to keep some, or all, of the remaining valuation allowances of approximately $23 million on its deferred tax assets. The (provision) benefit for income taxes for the years ended June 30, 2017, 2016 and 2015 is comprised of the following: ($ in thousands) 2017 2016 2015 Current: Federal $ (2) $ (7) $ (58) State (31) (38) (6) Total current (33) (45) (64) Deferred: Federal (14) 407 365 State (40) 253 (590) Total deferred (54) 660 (225) Total income tax (provision) benefit $ (87) $ 615 $ (289) The provision for income taxes for the year ended June 30, 2015 includes $396 thousand for the state and federal income tax effects of a decrease in the applicable state tax rate used to tax effect deferred tax assets resulting from a state income tax law change. A reconciliation of the (provision) benefit for income taxes for the years ended June 30, 2017, 2016 and 2015 to the indicated (provision) benefit based on income (loss) before (provision) benefit for income taxes at the federal statutory rate of 34% is as follows: ($ in thousands) 2017 2016 2015 Indicated (provision) benefit at federal statutory rate of 34% $ 600 $ 2,523 $ 272 Effects of permanent differences Warrants (507) (1,929) (133) Other (137) (111) (82) State income taxes, net of federal benefit (59) 199 (410) Income tax credits 60 70 40 Changes related to prior years 8 — 187 Changes in valuation allowances (52) (137) (163) $ (87) $ 615 $ (289) At June 30, 2017 the Company had federal and state operating loss carryforwards of approximately $162 million and $72 million, respectively, to offset future taxable income expiring through approximately 2037. The timing and extent to which the Company can utilize operating loss carryforwards in any year may be limited because of provisions of the Internal Revenue Code regarding changes in ownership of corporations (i.e. IRS Code Section 382). The changes in ownership limitations under IRS Code Section 382 have had the effect of limiting the maximum amount of federal operating loss carryforwards as of June 30, 2017 available for use to offset future years’ taxable income to approximately $124 million. Federal and state operating loss carryforwards start to expire in 2022 and 2018, respectively. The net deferred tax assets arose primarily from net operating loss carryforwards, as well as the use of different accounting methods for financial statement and income tax reporting purposes as follows: June 30, ($ in thousands) 2017 2016 Deferred tax assets: Net operating loss carryforwards $ 46,604 $ 46,691 Asset reserves 2,063 1,713 Deferred research and development 1,634 1,356 Intangibles 244 539 Deferred gain on assets under sale-leaseback transaction 125 331 Stock-based compensation 607 377 Other 285 379 51,562 51,386 Deferred tax liabilities: Fixed assets (706) (528) Deferred tax assets, net 50,856 50,858 Valuation allowance (23,186) (23,134) Deferred tax assets, net of allowance $ 27,670 $ 27,724

STOCK BASED COMPENSATION PLANS

STOCK BASED COMPENSATION PLANS	12 Months Ended
	Jun. 30, 2017
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
STOCK BASED COMPENSATION PLANS	14. STOCK BASED COMPENSATION PLANS The Company has three active stock based compensation plans at June 30, 2017 as shown in the table below: Authorized Date Approved Name of Plan Type of Plan Shares June 2013 2013 Stock Incentive Plan Stock 500,000 June 2014 2014 Stock Option Incentive Plan Stock Options 750,000 June 2015 2015 Stock Incentive Plan Stock & Stock Options 1,250,000 2,500,000 As of June 30, 2017, the Company had reserved shares of Common Stock for future issuance for the following: Exercise of Common Stock Warrants 23,978 Conversions of Preferred Stock and cumulative Preferred Stock dividends 100,667 Issuance under 2013 Stock Incentive Plan 9,004 Issuance under 2014 Stock Option Incentive Plan 1,447 Issuance under 2015 Stock Incentive Plan 1,052,000 Issuance to former Chief Executive Officer upon the occurrence of a USA Transaction 140,000 Total shares reserved for future issuance 1,327,096 STOCK OPTIONS The Company estimates the grant date fair value of the stock options it grants using a Black-Scholes valuation model. The Company’s assumption for expected volatility is based on its historical volatility data related to market trading of its own common stock. The Company bases its assumptions for expected life of the new stock option grants on the life of the option granted, and if relevant, its analysis of the historical exercise patterns of its stock options. The dividend yield assumption is based on dividends expected to be paid over the expected life of the stock option. The risk-free interest rate assumption is determined by using the U.S. Treasury rates of the same period as the expected option term of each stock option. Year ended Year ended Year ended June 30, 2017 June 30, 2016 June 30, 2015 Expected volatility 48-50% 59-66% 78-79% Expected life 4 years 4.5 years 7 years Expected dividends 0.00% 0.00% 0.00% Risk-free interest rate 1.06-1.90% 1.46-1.49% 1.59-2.04% Stock based compensation related to stock options for the years ended June 30, 2017, 2016 and 2015 was $264 thousand, $338 thousand, and $370 thousand respectively. Unrecognized compensation related to stock option grants as of June 30, 2017, 2016, and 2015 was $450 thousand, $167 thousand, and $297 thousand respectively. The following tables provide information about outstanding options for the fiscal years ended June 30, 2017, 2016, and 2015: For the Twelve Months Ended June 30, 2017 Weighted Average Grant Weighted Average Shares Date Fair Value Exercise Price Outstanding options, beginning of period 610,141 $ 1.35 $ 2.07 Granted 303,079 $ 1.80 $ 4.30 Forfeited — $ — $ — Exercised — $ — $ — Expired — $ — $ — Outstanding options, end of period 913,220 $ 1.51 $ 2.82 For the Twelve Months Ended June 30, 2016 Weighted Average Grant Weighted Average Shares Date Fair Value Exercise Price Outstanding options, beginning of period 538,888 $ 1.33 $ 1.86 Granted 199,586 $ 1.63 $ 3.21 Forfeited (95,000) $ 1.80 $ 3.38 Exercised — $ — $ — Expired (33,333) $ 1.27 $ 1.80 Outstanding options, end of period 610,141 $ 1.35 $ 2.07 For the Twelve Months Ended June 30, 2015 Weighted Average Grant Weighted Average Shares Date Fair Value Exercise Price Outstanding options, beginning of period 120,000 $ 1.49 $ 2.05 Granted 438,888 $ 1.30 $ 1.82 Forfeited (20,000) $ 1.49 $ 2.05 Exercised — $ — $ — Expired — $ — $ — Outstanding options, end of period 538,888 $ 1.33 $ 1.86 The following table provides information related to options as of June 30, 2017: Options Outstanding Options Exercisable Remaining Contractual Shares Remaining Contractual Weighted Average Range of Exercise Prices Options Outstanding Life Exercisable Life Exercise Price $1.62 to $1.68 75,000 4.51 50,001 4.51 $ 1.65 $1.80 to $2.00 295,555 4.16 245,555 4.16 $ 1.80 $2.05 100,000 3.97 100,000 3.97 $ 2.05 $2.09 10,000 4.58 6,666 4.58 $ 2.09 $2.75 25,000 4.77 16,666 4.77 $ 2.75 $2.94 75,000 5.53 25,000 5.53 $ 2.94 $3.38 29,585 5.06 29,586 5.06 $ 3.38 $4.00 75,000 6.69 — — $ — $4.05 30,000 6.61 10,000 6.61 $ 4.05 $4.40 178,000 6.78 — — $ — $4.98 20,080 6.17 — — $ — 913,220 5.18 483,474 4.36 $ 2.08 The following table provides information about unvested options: For the Twelve Months Ended June 30, 2017 2016 2015 Weighted Weighted Weighted Average Grant Average Grant Average Grant Shares Date Fair Value Shares Date Fair Value Shares Date Fair Value Unvested options, beginning of period 311,248 $ 1.39 505,553 $ 1.32 120,000 $ 1.49 Granted 303,079 $ 1.80 199,586 $ 1.63 438,888 $ 1.30 Vested (184,581) $ 1.42 (298,891) $ 1.31 (33,335) $ 1.49 Forfeited — $ — (95,000) $ 1.80 (20,000) $ 1.49 Unvested options, end of period 429,746 $ 1.67 311,248 $ 1.39 505,553 $ 1.32 The following table provides information about options outstanding and exercisable options: As of June 30, 2017 2016 2015 Options Exercisable Options Exercisable Options Exercisable Outstanding Options Outstanding Options Outstanding Options Number 913,220 483,474 610,141 298,893 538,888 33,335 Weighted average exercise price $ 2.82 $ 2.08 $ 2.07 $ 1.87 $ 1.86 2.05 Aggregate intrinsic value $ 2,173,464 $ 1,508,439 $ 1,341,828 $ 717,343 $ 452,666 21,668 Weighted average contractual term $ 5.18 4.36 5.42 5.17 6.21 5.97 Share price as of June 30 $ 5.20 $ 5.20 $ 4.27 $ 4.27 $ 2.70 $ 2.70 STOCK GRANTS A summary of the status of the Company’s nonvested common shares as of June 30, 2017, 2016, and 2015, and changes during the years then ended is presented below: Weighted-Average Grant-Date Shares Fair Value Nonvested at June 30, 2014 43,811 $ 1.59 Granted 155,927 2.00 Vested (181,134) 1.89 Nonvested at June 30, 2015 18,604 $ 1.88 Granted 131,558 3.04 Vested (21,664) 2.70 Nonvested at June 30, 2016 128,498 $ 2.97 Granted 135,585 4.25 Vested (141,527) 3.33 Nonvested at June 30, 2017 122,556 $ 3.96

PREFERRED STOCK

PREFERRED STOCK	12 Months Ended
	Jun. 30, 2017
Preferred Stock [Abstract]
PREFERRED STOCK	15. PREFERRED STOCK The authorized Preferred Stock may be issued from time to time in one or more series, each series with such rights, preferences or restrictions as determined by the Board of Directors. As of June 30, 2017 each share of Series A Preferred Stock is convertible into 0.194 of a share of Common Stock and each share of Series A Preferred Stock is entitled to 0.194 of a vote on all matters on which the holders of Common Stock are entitled to vote. Series A Preferred Stock provides for an annual cumulative dividend of $1.50 per share, payable when, and if declared by the Board of Directors, to the shareholders of record in equal parts on February 1 and August 1 of each year. Any and all accumulated and unpaid cash dividends on the Series A Preferred Stock must be declared and paid prior to the declaration and payment of any dividends on the Common Stock. The Series A Preferred Stock may be called for redemption at the option of the Board of Directors for a price of $11.00 per share plus payment of all accrued and unpaid dividends. No such redemption has occurred as of June 30, 2017. In the event of any liquidation as defined in the Company’s Articles of Incorporation, the holders of shares of Series A Preferred Stock issued shall be entitled to receive $10.00 for each outstanding share plus all cumulative unpaid dividends. If funds are insufficient for this distribution, the assets available will be distributed ratably among the preferred shareholders. The Series A Preferred Stock liquidation preference as of June 30, 2017 and 2016 is as follows: June 30, June 30, ($ in thousands) 2017 2016 For Shares outstanding at $10.00 per share $ 4,451 $ 4,451 Cumulative unpaid dividends 14,324 13,657 $ 18,775 $ 18,108 Cumulative unpaid dividends are convertible into common shares at $1,000 per common share at the option of the shareholder. During the years ended June 30, 2017, 2016 and 2015, no shares of Preferred Stock nor cumulative preferred dividends were converted into shares of common stock.

RETIREMENT PLAN

RETIREMENT PLAN	12 Months Ended
	Jun. 30, 2017
Compensation and Retirement Disclosure [Abstract]
RETIREMENT PLAN	16. RETIREMENT PLAN The Company’s 401(k) Plan (the “Retirement Plan”) allows employees who have completed six months of service to make voluntary contributions up to a maximum of 100% of their annual compensation, as defined in the Retirement Plan. The Company may, in its discretion, make a matching contribution, a profit sharing contribution, a qualified non-elective contribution, and/or a safe harbor 401(k) contribution to the Retirement Plan. The Company must make an annual election, at the beginning of the plan year, as to whether it will make a safe harbor contribution to the plan. In fiscal years 2017, 2016 and 2015, the Company elected and made a safe harbor matching contributions of 100% of the participant’s first 3% and 50% of the next 2% of compensation deferred into the Retirement Plan. The Company’s safe harbor contributions for the years ended June 30, 2017, 2016 and 2015 approximated $214 thousand, $189 thousand and $192 thousand, respectively.

COMMITMENTS AND CONTINGENCIES

COMMITMENTS AND CONTINGENCIES	12 Months Ended
	Jun. 30, 2017
Commitments and Contingencies Disclosure [Abstract]
COMMITMENTS AND CONTINGENCIES	17. COMMITMENTS AND CONTINGENCIES SALE AND LEASEBACK TRANSACTIONS During the fiscal year ended June 30, 2014, the Company and a third party finance company, entered into the six Sale Leaseback Agreements pursuant to which the third-party finance company purchased ePort equipment owned by the Company and used by the Company in its JumpStart Program. As of June 30, 2014, the third-party finance company completed the purchase of the ePort equipment under the first two of the Sale Leaseback Agreements. During the first quarter of 2015, the third-party finance company completed the purchase of the ePort equipment included in the remaining four of the Sale Leaseback Agreements. Rent expense under the Sale Leaseback Agreements was approximately $1.5 million, $2.6 million, and $2.5 million during the years ended June 30, 2017, 2016, and 2015, respectively. Upon the completion of the sales, the Company computed a total gain on the sale of its ePort equipment as follows: Year ended June 30, ($ in thousands) 2015 Rental equipment sold, cost $ 3,873 Rental equipment sold, accumulated depreciation upon sale (331) Rental equipment sold, net book value 3,542 Proceeds from sale 4,994 Gain on sale of rental equipment $ 1,452 In accordance with the FASB topic ASC 840‑40, “Sale Leaseback Transactions”, any gain shall be deferred and shall be amortized in proportion to the related gross rental charged to expense over the lease term. As such, the computed gain on the sale was being recognized ratably over the 36 month lease term and charged as a reduction to the Company’s JumpStart rent expense included in costs of services in the Company’s Consolidated Statement of Operations. During the fiscal year ended June 30, 2017, the Company extended the termination date for each of the six Sales Leaseback Agreements with the third party financing company for an additional year and the extension will also result in the transfer of ownership of the leased assets to the Company at the end of the new term. As a result of the new provision for ownership transfer at the end of the lease, the Sale Leaseback Agreements previously considered to be operating leases are classified as capital leases at June 30, 2017 and the remaining deferred gain at the time of the extension will be amortized ratably over the remaining estimated useful lives of the related property and equipment, through the fourth quarter of 2019. At June 30, 2017 and 2016 the deferred gain was as follows: Year ended June 30, ($ in thousands) 2017 2016 Beginning balance $ 900 $ 1,760 Recognition of deferred gain (561) (860) Ending balance 339 900 Less current portion 239 860 Non-current portion of deferred gain $ 100 $ 40 OTHER LEASES Other lease commitments include leases for its operations from various facilities. The Company leases space located in Malvern, Pennsylvania for its principal executive office and used for general administrative functions, sales activities, product development, and customer support. On December 1, 2016, pursuant to a Third Amendment to Office Space Lease entered into in April 2016, the Company relocated from the approximately 17,249 square feet of premises that it previously leased on the first floor of the building in Malvern, Pennsylvania, to 17,689 square feet of space on the third floor of such building. The Third Amendment provided that the term of the Lease would expire seven years following December 1, 2016, and granted to the Company the option to extend the term of the Lease for an additional five-year period, and provided certain rights of first offer on additional space located on the third floor of the building. The straight-line rent expense for this office was approximately $38 thousand per month. Commencing in June 2016, and pursuant to a Fourth Amendment to Office Space Lease, the Company has been temporarily leasing an additional 1,097 square feet of space in the building on month-to-month basis at a monthly rent of $1,120. Pursuant to the rights of first offer set forth in the lease, commencing on August 7, 2017, and as provided in the Fifth Amendment to Office Space Lease, the Company expanded its leased space to a total of 23,138 square feet. The Company’s monthly base rent is now approximately $47 thousand, and will increase each year up to a maximum monthly base rent of approximately $53 thousand during the remaining term of the lease. The lease expires on November 30, 2023. The Company classifies this lease as an operating lease. The Company leases space in Malvern, Pennsylvania for its product warehousing and shipping support. In March 2016, the Company extended its lease from March 1, 2016 through February 29, 2019. The lease includes monthly rental payments of $5 thousand. Beginning in March 2016 the straight-line rent expense for this operations site is approximately $5 thousand per month for the duration of the lease period. The Company classifies this lease as an operating lease. The Company leases space in Portland, Oregon related to its VendScreen acquisition. The current lease commenced on October 17, 2016, and will terminate on December 31, 2019. The leased premises consists of approximately 5,362 square feet of rentable space. The lease includes monthly rental payments of approximately $11 thousand through December 31, 2019. The Company classifies this lease as an operating lease. Rent expense under other operating leases was approximately $729 thousand, $479 thousand and $354 thousand during the years ended June 30, 2017, 2016, and 2015, respectively. SUMMARY OF LEASE OBLIGATIONS Future minimum lease payments for fiscal years subsequent to June 30, 2017 under non-cancellable operating leases and capital leases are as follows: Operating Capital ($ in thousands) Leases Leases 2018 $ 628 $ 2,996 2019 621 217 2020 523 21 2021 465 19 2022 474 10 Thereafter 685 — Total minimum lease payments $ 3,396 $ 3,263 Less Amount Representing interest 198 Present Value of net minimum lease payments 3,065 Less Current obligations under capital leases 2,819 Obligations under capital leases, less current portion $ 246 LITIGATION As previously reported, on October 1, 2015, a purported class action was filed in the United States District Court for the Eastern District of Pennsylvania against the Company and its executive officers alleging violations under the Securities Exchange Act of 1934. On December 15, 2015, the court appointed a lead plaintiff, and on January 18, 2016, the plaintiff filed an amended complaint that set forth the same causes of action and requested substantially the same relief as the original complaint. On February 1, 2016, the Company filed a motion to dismiss the amended complaint. On April 11, 2016, the Court held oral arguments on the Company’s motion, and on April 14, 2016, the Court issued an order granting the Company’s motion to dismiss the amended complaint without leave to amend. On May 13, 2016, the plaintiff appealed the Court’s order to the United States Court of Appeals for the Third Circuit. On August 16, 2016, the plaintiff filed a Motion For Relief From Final Judgment with the District Court seeking an order modifying the District Court’s April 14, 2016 order dismissing the complaint, and permitting the plaintiff to now file an amended complaint due to alleged newly discovered evidence. On September 19, 2016, the District Court issued an order denying the plaintiff’s Motion For Relief From Final Judgment, and on October 4, 2016, the plaintiff filed an appeal of this order with the Court of Appeals. On October 6, 2016, the Court of Appeals consolidated the two appeals of plaintiff for all purposes, and issued a briefing and scheduling order. On March 28, 2017, oral argument was held before the Court of Appeals, and as of the date hereof, the Court of Appeals has not rendered a decision. By letter dated December 7, 2015, a purported shareholder of the Company demanded that the Board of Directors investigate, remedy and commence proceedings against certain of the Company’s current and former officers and directors for breach of fiduciary duties in connection with the material weakness in its internal controls over financial reporting which were more fully described in the Company’s Form 10‑K for the fiscal year ended June 30, 2015 (the “2015 Form 10‑K”). In response to the demand letter, the Board of Directors formed a special litigation committee (“the SLC”) consisting of Joel Brooks and William Reilly, Jr., in order to investigate and evaluate the demand letter. On June 1, 2016, and before the SLC had concluded its investigation, the purported shareholder filed a purported derivative action on behalf of the Company in the Chester County, Pennsylvania, Court of Common Pleas, against certain current and former officers and Directors. The complaint alleges that the defendants breached their fiduciary duties relating to the material weakness in internal controls reported in the 2015 Form 10‑K. The complaint seeks unspecified damages against the defendants and certain equitable relief. On July 15, 2016 the SLC issued its report (the “SLC Report”) which, among other things, concluded that the none of the current or former officers or Directors had breached their fiduciary duties, that it was not in the best interests of the Company to pursue the pending shareholder derivative action, and that the Company request the Court to dismiss the action in its entirety. On August 1, 2016, the Board of Directors of the Company adopted all of the conclusions and recommendations set forth in the SLC Report. On August 17, 2016, the Company filed with the Court a Motion to Dismiss the shareholder derivative complaint. On March 8, 2017, the Court entered an order granting the Company’s Motion to Dismiss the complaint. On April 6, 2017, the plaintiff appealed the order to the Superior Court of Pennsylvania. As of the date hereof, the Superior Court has not rendered a decision. The ultimate outcome of these matters cannot be determined at this time. The Company believes that it has meritorious defenses to such claims and is defending them vigorously, and has not recorded a provision for the ultimate outcome of these matters in its financial statements.

UNAUDITED QUARTERLY DATA

UNAUDITED QUARTERLY DATA	12 Months Ended
	Jun. 30, 2017
Quarterly Financial Data [Abstract]
UNAUDITED QUARTERLY DATA	18. UNAUDITED QUARTERLY DATA UNAUDITED YEAR ENDED JUNE 30, 2017 First Quarter Second Quarter Third Quarter Fourth Quarter Year Revenues $ 21,588 $ 21,756 $ 26,460 $ 34,289 $ 104,093 Gross profit $ 6,167 $ 6,334 $ 6,625 $ 7,520 $ 26,646 Operating (loss) income $ (950) $ 234 $ 419 $ 432 $ 135 Net (loss) income $ (2,464) $ 233 $ 136 $ 243 $ (1,852) Cumulative preferred dividends $ (334) $ — $ (334) $ — $ (668) Net (loss) income applicable to common shares $ (2,798) $ 233 $ (198) $ 243 $ (2,520) Net (loss) earnings per common share - basic $ (0.07) $ 0.01 $ 0.00 $ 0.01 $ (0.06) Net (loss) earnings per common share - diluted $ (0.07) $ 0.01 $ 0.00 $ 0.01 $ (0.06) Weighted average number of common shares outstanding - basic 38,488,005 40,308,934 40,327,697 40,331,993 39,860,335 Weighted average number of common shares outstanding - diluted 38,488,005 40,730,712 40,327,697 40,772,482 39,860,335 UNAUDITED YEAR ENDED JUNE 30, 2016 First Quarter Second Quarter Third Quarter Fourth Quarter Year Revenues $ 16,600 $ 18,503 $ 20,361 $ 21,944 $ 77,408 Gross profit $ 5,047 $ 5,483 $ 5,672 $ 5,783 $ 21,985 Operating income (loss) $ 112 $ 594 $ (595) $ (1,578) $ (1,467) Net income (loss) $ 360 $ (874) $ (5,420) $ (872) $ (6,806) Cumulative preferred dividends $ (334) $ — $ (334) $ — $ (668) Net income (loss) applicable to common shares $ 26 $ (874) $ (5,754) $ (872) $ (7,474) Net earnings (loss) per common share - basic $ 0.00 $ (0.02) $ (0.16) $ (0.02) $ (0.21) Net earnings (loss) per common share - diluted $ 0.00 $ (0.02) $ (0.16) $ (0.02) $ (0.21) Weighted average number of common shares outstanding - basic 35,848,395 35,909,933 36,161,626 37,325,681 36,309,047 Weighted average number of common shares outstanding - diluted 36,487,879 35,909,933 36,161,626 37,325,681 36,309,047

SUBSEQUENT EVENTS

SUBSEQUENT EVENTS	12 Months Ended
	Jun. 30, 2017
Subsequent Events [Abstract]
SUBSEQUENT EVENTS	21. SUBSE 19. SUBSEQUENT EVENTS On July 25, 2017, the Company closed its underwritten public offering of 9,583,332 shares of its common stock at a public offering price of $4.50 per share. The foregoing included the full exercise of the underwriters' option to purchase 1,249,999 additional shares from USAT. The gross proceeds to USAT from the offering, before deducting underwriting discounts and commissions and other offering expenses, was approximately $43.1 million. The Company intends to use the net proceeds received from the offering for general corporate purposes and working capital to support anticipated growth. These purposes may include, among other things, future acquisitions of businesses, products and technologies, or establishing strategic alliances, that the Company believes will complement its current or future business. 2

VALUATION AND QUALIFYING ACCOUN

VALUATION AND QUALIFYING ACCOUNTS	12 Months Ended
	Jun. 30, 2017
Valuation and Qualifying Accounts [Abstract]
VALUATION AND QUALIFYING ACCOUNTS	SCHEDULE II USA TECHNOLOGIES, INC. VALUATION AND QUALIFYING ACCOUNTS YEARS ENDED JUNE 30, 2017, 2016, AND 2015 ($ in thousands) Deductions uncollectible Balance at Additions receivables Balance beginning charged to written off, net at end ACCOUNTS RECEIVABLE of period earnings of recoveries of period June 30, 2017 $ 2,814 $ 856 $ 521 $ 3,149 June 30, 2016 $ 1,309 $ 1,576 $ 71 $ 2,814 June 30, 2015 $ 63 $ 1,409 $ 163 $ 1,309 Balance at Additions Deductions, Balance beginning charged to Shrinkage and at end INVENTORY of period earnings obsolescence of period June 30, 2017 $ 1,297 $ 799 $ 139 $ 1,957 June 30, 2016 $ 944 $ 943 $ 590 $ 1,297 June 30, 2015 $ 765 $ 551 $ 372 $ 944

ACCOUNTING POLICIES (Policies)

ACCOUNTING POLICIES (Policies)	12 Months Ended
	Jun. 30, 2017
Business Description And Accounting Policies [Abstract]
CONSOLIDATION	CONSOLIDATION The accompanying consolidated financial statements include the accounts of the Company and its wholly-owned subsidiaries. All significant intercompany accounts and transactions have been eliminated in consolidation.
USE OF ESTIMATES	USE OF ESTIMATES The preparation of the consolidated financial statements in conformity with U.S. generally accepted accounting principles (“GAAP”) requires management to make estimates and assumptions that affect the amounts reported in the consolidated financial statements and accompanying notes. Actual results could differ from those estimates.
CASH AND CASH EQUIVALENTS	CASH AND CASH EQUIVALENTS Cash equivalents represent all highly liquid investments with original maturities of three months or less from time of purchase. Cash equivalents are comprised of money market funds. The Company maintains its cash in bank deposit accounts, which may exceed federally insured limits at times.
ACCOUNTS RECEIVABLE AND ALLOWANCE FOR DOUBTFUL ACCOUNTS	ACCOUNTS RECEIVABLE AND ALLOWANCE FOR DOUBTFUL ACCOUNTS Accounts receivable include amounts due to the Company for sales of equipment, other amounts due from customers, merchant service receivables, and unbilled amounts due from customers, net of the allowance for uncollectible accounts. The Company maintains an allowance for doubtful accounts for estimated losses resulting from the inability of its customers to make required payments, including from a shortfall in the customer transaction fund flow from which the Company would normally collect amounts due. The allowance is determined through an analysis of various factors including the aging of the accounts receivable, the strength of the relationship with the customer, the capacity of the customer transaction fund flow to satisfy the amount due from the customer, and an assessment of collection costs and other factors. The allowance for doubtful accounts receivable is management’s best estimate as of the respective reporting date. The Company writes off accounts receivable against the allowance when management determines the balance is uncollectible and the Company ceases collection efforts. Management believes that the allowance recorded is adequate to provide for its estimated credit losses.
FINANCE RECEIVABLES	FINANCE RECEIVABLES The Company offers extended payment terms to certain customers for equipment sales under its Quick Start Program. In accordance with the Financial Accounting Standards Board (“FASB”) Accounting Standards Codification® (“ASC”) Topic 840, “Leases”, agreements under the Quick Start Program qualify for sales-type lease accounting. Accordingly, the future minimum lease payments are classified as finance receivables in the Company’s consolidated balance sheets. Finance receivables or Quick Start leases are generally for a sixty month term. Finance receivables are carried at their contractual amount and charged off against the allowance for credit losses when management determines that recovery is unlikely and the Company ceases collection efforts. The Company recognizes a portion of the note or lease payments as interest income in the accompanying consolidated financial statements based on the effective interest rate method.
INVENTORY	INVENTORY Inventory consists of finished goods. The company's inventories are valued at the lower of cost or net realizable value. The Company establishes allowances for obsolescence of inventory based upon quality considerations and assumptions about future demand and market conditions.
PROPERTY AND EQUIPMENT, Net	PROPERTY AND EQUIPMENT, Net Property and equipment are recorded at cost. Property and equipment are depreciated on the straight-line basis over the estimated useful lives of the related assets. Leasehold improvements are amortized on the straight-line basis over the lesser of the estimated useful life of the asset or the respective lease term and are included in “Depreciation and amortization’ in the Consolidated Statements of Operations.
GOODWILL AND INTANGIBLE ASSETS	GOODWILL AND INTANGIBLE ASSETS The Company’s intangible assets include goodwill, trademarks, non-compete agreements, brand, developed technology and customer relationships. Goodwill represents the excess of cost over fair value of the net assets purchased in acquisitions. The Company accounts for goodwill in accordance with ASC 350, “Intangibles – Goodwill and Other”. Under ASC 350, goodwill is not amortized to earnings, but instead is subject to periodic testing for impairment. Testing for impairment is to be done at least annually and at other times if events or circumstances arise that indicate that impairment may have occurred. The Company has selected April 1 as its annual test date. The Company has concluded there has been no impairment of goodwill during the fiscal years ended June 30, 2017, 2016, or 2015. There were no indefinite-lived intangible assets at June 30, 2017. During the fourth quarter of the fiscal year ended June 30, 2016, the fair value of the trademarks were determined to have inconsequential value based on the “relief from royalty” methodology. This assessment resulted in an impairment write-down of $432 thousand during the fourth fiscal quarter of the fiscal year ended June 30, 2016, which is included in “Impairment of intangible asset” in the Consolidated Statement of Operations for the fiscal year ended June 30, 2016. (See Note 7 Goodwill and Intangible Assets for details.)
LONG-LIVED ASSETS	LONG-LIVED ASSETS In accordance with ASC 360, “Impairment or Disposal of Long-Lived Assets”, the Company reviews its definite lived long-lived assets whenever events or changes in circumstances indicate that the carrying amount of such assets may not be recoverable. If the carrying amount of an asset or group of assets exceeds its net realizable value, the asset will be written down to its fair value. In the period when the plan of sale criteria of ASC 360 are met, definite lived long-lived assets are reported as held for sale, depreciation and amortization cease, and the assets are reported at the lower of carrying value or fair value less costs to sell. The Company has concluded that the carrying amount of definite lived long-lived assets is recoverable as of June 30, 2017 and 2016.
FAIR VALUE OF FINANCIAL INSTRUMENTS	FAIR VALUE OF FINANCIAL INSTRUMENTS The Company’s financial assets and liabilities are accounted for in accordance with ASC 820 “Fair Value Measurement.” Under ASC 820 the Company uses inputs from the three levels of the fair value hierarchy to measure its financial assets and liabilities. The three levels are as follows: Level 1‑ Inputs are unadjusted quoted prices in active markets for identical assets or liabilities that the Company has the ability to access at the measurement date. Level 2‑ Inputs are other than quoted prices included within Level 1 that are observable for the asset or liability, either directly or indirectly. Level 2 inputs include quoted prices for similar assets and liabilities in active markets, quoted prices for identical or similar assets or liabilities in markets that are not active, inputs other than quoted prices that are observable for the asset or liability (i.e., interest rates, yield curves, etc.), and inputs that are derived principally from or corroborated by observable market data by correlation or other means (market corroborated inputs). Level 3‑ Inputs are unobservable and reflect the Company’s assumptions that market participants would use in pricing the asset or liability. The Company develops these inputs based on the best information available. The Company’s financial instruments, principally accounts receivable, short-term finance receivables, prepaid expenses and other assets, accounts payable and accrued expenses, are carried at cost which approximates fair value due to the short-term maturity of these instruments. The fair value of the Company’s obligations under its long-term debt agreements and the long-term portion of its finance receivables approximate their carrying value as such instruments are at market rates currently available to the Company.
CONCENTRATION OF RISKS	CONCENTRATION OF RISKS Financial instruments that subject the Company to a concentration of credit risk consist principally of cash and accounts and finance receivables. The Company maintains cash with various financial institutions where accounts may exceed federally insured limits at times. Approximately 42%, 18% and 35% of the Company’s trade accounts and finance receivables at June 30, 2017, 2016 and 2015, respectively, were concentrated with one customer. Concentration of revenues with customers subject the Company to operating risks. Approximately 20%, 16% and 21% of the Company’s license and transaction processing revenues for the years ended June 30, 2017, 2016 and 2015, respectively, were concentrated with one customer. Approximately 37%, 28% and 17% of the Company’s equipment sales revenue were concentrated with one customer for the years ended June 30, 2017, 2016 and 2015, respectively. The Company’s customers are principally located in the United States.
REVENUE RECOGNITION	REVENUE RECOGNITION Revenue from the sale or QuickStart lease of equipment is recognized on the terms of free-on-board shipping point. Activation fee revenue, if applicable, is recognized when the Company’s cashless payment device is initially activated for use on the Company network. Transaction processing revenue is recognized upon the usage of the Company’s cashless payment and control network. License fees for access to the Company’s devices and network services are recognized on a monthly basis. In all cases, revenue is only recognized when persuasive evidence of an arrangement exists, delivery has occurred or services have been rendered, the price is fixed and determinable, and collection of the resulting receivable is reasonably assured. The Company estimates an allowance for product returns at the date of sale and license and transaction fee refunds on a monthly basis. ePort hardware is available to customers under the QuickStart program pursuant to which the customer would enter into a five-year non-cancelable lease with either the Company or a third-party leasing company for the devices. The Company utilizes its best estimate of selling price when calculating the revenue to be recorded under these leases. The Quickstart contracts qualify for sales type lease accounting. Accordingly, the Company recognizes a portion of lease payments as interest income. At the end of the lease period, the customer would have the option to purchase the device at its residual value.
EQUIPMENT RENTAL	EQUIPMENT RENTAL The Company offers its customers a rental program for its ePort devices, the JumpStart program (“JumpStart”). JumpStart terms are typically 36 months and are cancellable with thirty to sixty days’ written notice. In accordance with ASC 840, “Leases”, the Company classifies the rental agreements as operating leases, with service fee revenue related to the leases included in license and transaction fees in the Consolidated Statements of Operations. Costs for the JumpStart revenues, which consists of depreciation expense on the JumpStart equipment, is included in cost of services in the Consolidated Statements of Operations. ePort equipment utilized by the JumpStart program is included in property and equipment, net on the Consolidated Balance Sheet.
WARRANTY COSTS	WARRANTY COSTS The Company generally warrants its products for one to three years. Warranty costs are estimated and recorded at the time of sale based on historical warranty experience, if available. These costs are reviewed and adjusted, if necessary, periodically throughout the year.
SHIPPING AND HANDLING	SHIPPING AND HANDLING Shipping and handling fees billed to our customers in connection with sales are recorded as revenue. The costs incurred for shipping and handling of our product are recorded as cost of equipment.
ADVERTISING	ADVERTISING Advertising costs are expensed as incurred. Advertising expense was $0.4 million, $0.3 million, and $0.2 million in the fiscal years ended June 30, 2017, 2016, and 2015, respectively.
RESEARCH AND DEVELOPMENT EXPENSES	RESEARCH AND DEVELOPMENT EXPENSES Research and development expenses are expensed as incurred and primarily consist of contractors and product development costs. Research and development expenses, which are included in selling, general and administrative expenses in the Consolidated Statements of Operations, were approximately $1.4 million, $1.4 million and $1.5 million, for the years ended June 30, 2017, 2016, and 2015, respectively. Our research and development initiatives focus on adding features and functionality to our system solutions through the development and utilization of our processing and reporting network and new technology.
SOFTWARE DEVELOPMENT COSTS	SOFTWARE DEVELOPMENT COSTS Costs incurred during the preliminary project along with post-implementation stages of internal use computer software development and costs incurred to maintain existing product offerings are expensed as incurred. The capitalization and ongoing assessment of recoverability of development costs require considerable judgment by management with respect to certain external factors, including, but not limited to, technological and economic feasibility and estimated economic life.
ACCOUNTING FOR EQUITY AWARDS	ACCOUNTING FOR EQUITY AWARDS In accordance with ASC 718 the cost of employee services received in exchange for an award of equity instruments is based on the grant-date fair value of the award and allocated over the requisite service period of the award.
LITIGATION COSTS	LITIGATION COSTS From time to time, we are involved in litigation, claims, contingencies and other legal matters. We record a charge equal to at least the minimum estimated liability for a loss contingency when both of the following conditions are met: (i) information available prior to issuance of the financial statements indicates that it is probable that an asset had been impaired or a liability had been incurred at the date of the financial statements and (ii) the range of the loss can be reasonably estimated. We expense legal costs, including those legal costs expected to be incurred in connection with a loss contingency, as incurred.
INCOME TAXES	INCOME TAXES The Company follows the provisions of FASB ASC 740, Accounting for Uncertainty in Income Taxes, which provides detailed guidance for the financial statement recognition, measurement and disclosure of uncertain tax positions recognized in the financial statements. Tax positions must meet a “more-likely-than-not” recognition threshold to be recognized. Income taxes are computed using the asset and liability method of accounting. Under the asset and liability method, a deferred tax asset or liability is recognized for estimated future tax effects attributable to temporary differences and carryforwards. The measurement of deferred income tax assets is adjusted by a valuation allowance, if necessary, to recognize future tax benefits only to the extent, based on available evidence, it is more likely than not such benefits will be realized. The Company recognizes interest and penalties, if any, related to uncertain tax positions in selling, general and administrative expenses. No interest or penalties related to uncertain tax positions were incurred during the years ended June 30, 2017, 2016, and 2015. The Company files income tax returns in the United States federal jurisdiction and various state jurisdictions. The tax years ended June 30, 2014 through June 30, 2017 remain open to examination by taxing jurisdictions to which the Company is subject. While the statute of limitations has expired for years prior to the year ended June 30, 2014, changes in reported losses for those years could be made examination by tax authorities to the extent that operating loss carryforwards from those prior years impact upon taxable income in current years. As of June 30, 2017, the Company did not have any income tax examinations in process.
EARNINGS (LOSS) PER COMMON SHARE	EARNINGS (LOSS) PER COMMON SHARE Basic earnings (loss) per share are calculated by dividing net income (loss) applicable to common shares by the weighted average common shares outstanding for the period. Diluted earnings (loss) per share are calculated by dividing net income (loss) applicable to common shares by the weighted average common shares outstanding for the period plus the dilutive effects of common stock equivalents unless the effects of such common stock equivalents are anti-dilutive. For the years ended June 30, 2017, 2016 and 2015 no effect for common stock equivalents was considered in the calculation of diluted earnings (loss) per share because their effect was anti-dilutive.
OTHER COMPREHENSIVE INCOME	OTHER COMPREHENSIVE INCOME ASC 220, “Comprehensive Income”, prescribes the reporting required for comprehensive income and items of other comprehensive income. Entities having no items of other comprehensive income are not required to report on comprehensive income. The Company has no items of other comprehensive income for its years ended June 30, 2017, 2016 or 2015.
RECENT ACCOUNTING PRONOUNCEMENTS	RECENT ACCOUNTING PRONOUNCEMENTS Accounting pronouncements adopted in fiscal year 2017 In July 2015, the FASB issued ASU 2015-11, “Inventory”, which simplifies the measurement of inventory by requiring inventory to be measured at the lower of cost and net realizable value. The standard is effective for financial statements issued for fiscal years beginning after December 15, 2016, and interim periods within those fiscal years. The Company early adopted this guidance during fiscal year 2017. The adoption of this standard did not have a material effect on our consolidated financial statements. In September 2015, the FASB issued ASU 2015-16, “Simplifying the Accounting for Measurement Period Adjustments”, which requires that the acquirer recognize adjustments to provisional amounts that are identified during the measurement period in the reporting period in which the adjustment is determined. We adopted this standard during the first quarter of fiscal 2017. The adoption of this standard did not have a material effect on our consolidated financial statements. In November 2015, the FASB issued ASU 2015‑17, "Balance Sheet Classification of Deferred Taxes", which will require entities to present all deferred tax liabilities and assets as noncurrent on the balance sheet instead of separating deferred taxes into current and noncurrent amounts. The standard will be effective for the Company beginning with the quarter ending September 30, 2017. Early application is permitted. The standard can be applied either prospectively to all deferred tax liabilities and assets or retrospectively to all periods presented. The Company early adopted this guidance during fiscal year 2017. As a result of the adoption, $2.3 million of deferred tax assets were reclassified from current to noncurrent assets as of June 30, 2016. Accounting pronouncements to be adopted. The Company is evaluating whether the effects of the following recent accounting pronouncements or any other recently issued, but not yet effective accounting standards, will have a material effect on the Company’s consolidated financial position, results of operations or cash flows. In May 2014, the FASB issued ASU 2014-09, Revenue from Contracts with Customers (Topic 606). This ASU was amended by ASU No. 2015-14, issued in August 2015, which deferred the original effective date by one year. The new guidance provides a single model for entities to use in accounting for revenue arising from contracts with customers and will supersede most current revenue recognition guidance. The new standard also requires expanded qualitative and quantitative disclosures about the nature, timing and uncertainty of revenue and cash flows rising from contracts with customers. The ASU is now effective for fiscal years, and interim reporting periods within those years, beginning with the year ending June 30, 2019. The Company’s project plan includes a three-phase approach to implementing this standard update. Phase one, the assessment phase, is expected to be completed in the first quarter of 2018 and includes the following activities: conducting internal surveys of the business, holding revenue recognition workshops with sales and business unit finance leadership, and reviewing a representative sample of revenue arrangements across the business to initially identify a set of applicable qualitative revenue recognition changes related to the new standard update. The objectives for the second phase of the project will be to establish and document key accounting policies, assess disclosure, business process and control impacts. Phase two is expected to be completed in the second quarter of 2018. Lastly, phase three’s objectives will comprise effectively implementing the new standard update and embedding the new accounting treatment into the Company’s business processes and controls to support the financial reporting requirements. Phase three is expected to be completed in the fourth quarter of 2018. The Company is still evaluating the impact that the new standard will have on the Company’s consolidated financial statements and will be unable to quantify its impact until the third phase of the project has been completed. The method of adoption has also not yet been determined and is not expected to be finalized until the second phase of the project plan has been completed. In February 2016, the FASB issued ASU 2016-02, "Leases (Topic 842)." ASU 2016-02 requires that a lessee recognize the assets and liabilities that arise from operating leases. A lessee should recognize in the statement of financial position a liability to make lease payments (the lease liability) and a right-of-use asset representing its right to use the underlying asset for the lease term. For leases with a term of 12 months or less, a lessee is permitted to make an accounting policy election by class of underlying asset not to recognize lease assets and lease liabilities. In transition, lessees and lessors are required to recognize and measure leases at the beginning of the earliest period presented using a modified retrospective approach. The company is the lessee under various agreements which are accounted for as operating leases as discussed in Note 18. This amendment will be effective for the Company beginning with the year ending June 30, 2020, including interim periods within those fiscal years. Early application is permitted. In March 2016, the FASB issued ASU No. 2016-09, Compensation - Stock Compensation (Topic 718), Improvements to Employee Share-Based Payment Accounting. The ASU was issued as part of the FASB Simplification Initiative and involves several aspects of accounting for shared-based payment transactions, including income tax consequences, forfeitures and classification on the statement of cash flows. This pronouncement will be effective for the Company beginning with the year ending June 30, 2018, and interim periods within that fiscal year. Accordingly, the company will adopt this standard on July 1, 2017. The primary effects of adoption for the company relate to changes in classification within the Consolidated Statements of Cash Flows and recognition of tax effects related to share-based payments. The new guidance requires all tax related cash flows resulting from share-based payments to be reported as cash provided by operating activities in the Consolidated Statements of Cash Flows. This is a change from the current requirement to present excess tax benefits as cash inflows from financing activities and tax deficiencies as cash outflows from operating activities. The updated guidance also requires all tax effects related to share-based payments to be recognized within the provision for income taxes in the Consolidated Income Statements. Previously excess tax benefits and tax deficiencies were required to be recognized in additional paid-in capital in the Consolidated Balance Sheets. The standard does not permit retrospective adoption of this update. As such, the company will adopt this update on a prospective basis. In August 2016, the FASB issued ASU No. 2016-15, Statement of Cash Flows (Topic 230), Classification of Certain Cash Receipts and Cash Payments. The new guidance makes eight targeted changes to how cash receipts and cash payments are presented and classified in the statement of cash flows. This pronouncement will be effective for the Company beginning with the year ending June 30, 2019, and interim periods within that fiscal year. Early adoption is permitted, including adoption in an interim period. If an entity early adopts the amendments in an interim period, any adjustments should be reflected as of the beginning of the fiscal year that includes that interim period. An entity that elects early adoption must adopt all of the amendments in the same period. The new guidance requires adoption on a retrospective basis unless it is impracticable to apply, in which case the company would be required to apply the amendments prospectively as of the earliest date practicable. In January 2017, the FASB issued ASU 2017-04, Intangibles – Goodwill and Other (Topic 350) – Simplifying the Test for Goodwill Impairment, which outlines updates to simplify the subsequent measurement of goodwill by eliminating Step 2 from the goodwill impairment test. ASU 2017-04 is effective for public business entities for annual periods, including interim periods within those annual periods, beginning after December 15, 2019, with early application permitted.

ACQUISITION (Tables)

ACQUISITION (Tables)	12 Months Ended
	Jun. 30, 2017
Business Combinations [Abstract]
Schedule of fair values of the assets acquired and liabilities	($ in thousands) Consideration: Fair value of total consideration paid in cash $ 5,625 Recognized amounts of identifiable assets acquired and liabilities assumed: Financial Assets: Accounts receivable $ 3 Finance receivables 839 Other current assets 20 Deferred income taxes 18 Fair value of financial assets 880 Property & equipment 81 Identifiable intangible assets: Developed technology 639 Customer relationships 149 Brand 95 Noncompete agreements 2 Fair value of intangible assets 885 Financial liabilities Accrued liabilities (50) Total identifiable net assets 1,796 Goodwill 3,829 Total Fair Value $ 5,625

EARNINGS PER SHARE CALCULATION

EARNINGS PER SHARE CALCULATION (Tables)	12 Months Ended
	Jun. 30, 2017
Earnings Per Share [Abstract]
Schedule of basic earnings per share and diluted earnings per share	Year ended June 30, ($ in thousands, except per share data) 2017 2016 2015 Numerator for basic and diluted loss per share Net loss $ (1,852) $ (6,806) $ (1,089) Preferred dividends (668) (668) (668) Net loss available to common shareholders $ (2,520) $ (7,474) $ (1,757) Denominator for basic loss per share - Weighted average shares outstanding 39,860,335 36,309,047 35,719,211 Effect of dilutive potential common shares — — — Denominator for diluted loss per share - Adjusted weighted average shares outstanding 39,860,335 36,309,047 35,719,211 Basic loss per share $ (0.06) $ (0.21) $ (0.05) Diluted loss per share $ (0.06) $ (0.21) $ (0.05)

FINANCE RECEIVABLES (Tables)

FINANCE RECEIVABLES (Tables)	12 Months Ended
	Jun. 30, 2017
Receivables [Abstract]
Schedule of finance receivables	June 30, June 30, ($ in thousands) 2017 2016 Total finance receivables $ 19,617 $ 7,306 Less current portion 11,010 3,588 Non-current portion of finance receivables $ 8,607 $ 3,718
Schedule of credit quality indicators	Credit risk profile based on payment activity: June 30, June 30, ($ in thousands) 2017 2016 Performing $ 19,515 $ 7,174 Nonperforming 102 132 Total $ 19,617 $ 7,306
Schedule of age analysis of past due finance receivables	Age Analysis of Past Due Finance Receivables As of June 30, 2017 30 and under 31 – 60 61 – 90 Greater than Total Days Past Days Past Days Past 90 Days Past Total Past Finance ($ in thousands) Due Due Due Due Due Current Receivables QuickStart Leases $ 29 $ 3 $ 35 $ 35 $ 102 $ 19,515 $ 19,617 Age Analysis of Past Due Finance Receivables As of June 30, 2016 30 and under 31 – 60 61 – 90 Greater than Total Days Past Days Past Days Past 90 Days Past Total Past Finance ($ in thousands) Due Due Due Due Due Current Receivables QuickStart Leases $ — $ 98 $ 31 $ 3 $ 132 $ 7,174 $ 7,306
Schedule of financing receivable	($ in thousands) 2018 $ 11,010 2019 2,417 2020 2,462 2021 2,006 2022 1,656 Thereafter 66 19,617

PROPERTY AND EQUIPMENT (Tables)

PROPERTY AND EQUIPMENT (Tables)	12 Months Ended
	Jun. 30, 2017
Property, Plant and Equipment [Abstract]
Schedule of property and equipment	June 30, 2017 Useful Accumulated ($ in thousands) Lives Cost Depreciation Net Computer equipment and software 3-7 years $ 5,951 $ (4,800) $ 1,151 Internal-use software 3-5 years 1,089 (112) 977 Property and equipment used for rental program 5 years 31,406 (21,948) 9,458 Furniture and equipment 3-7 years 1,174 (774) 400 Leasehold improvements (1) 218 (93) 125 $ 39,838 $ (27,727) $ 12,111 June 30, 2016 Useful Accumulated ($ in thousands) Lives Cost Depreciation Net Computer equipment and purchased software 3-7 years $ 5,369 $ (4,365) $ 1,004 Internal-use software 3-5 years 137 (9) 128 Property and equipment used for rental program 5 years 26,648 (18,246) 8,402 Furniture and equipment 3-7 years 874 (654) 220 Leasehold improvements (1) 575 (564) 11 $ 33,603 $ (23,838) $ 9,765 (1) Lesser of lease term or estimated useful life

GOODWILL AND INTANGIBLE ASSETS

GOODWILL AND INTANGIBLE ASSETS (Tables)	12 Months Ended
	Jun. 30, 2017
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of intangible asset balances	Beginning Year ended June 30, 2017 Ending Balance Additions/ Balance Amortization ($ in thousands) July 1, 2016 Adjustments Amortization June 30, 2017 Period Intangible Assets: Non-compete agreements 1 — (1) — 2 years Brand 79 — (32) 47 3 years Developed technology 576 — (128) 448 5 years Customer relationships 142 — (15) 127 10 years Total Intangible Assets $ 798 $ — $ (176) $ 622 Goodwill 11,703 (211) — 11,492 Indefinite Total Intangible Assets and Goodwill $ 12,501 $ (211) $ (176) $ 12,114 During fiscal 2017, the Company recorded adjustments which resulted in a measurement period adjustment of $211 thousand between goodwill and finance receivables. Beginning Year ended June 30, 2016 Ending Balance Additions/ Balance Amortization ($ in thousands) July 1, 2015 Adjustments Amortization June 30, 2016 Period Intangible assets: Trademarks - Indefinite $ 432 $ (432) $ — $ — Indefinite Non-compete agreements — 2 (1) 1 2 years Brand — 95 (16) 79 3 years Developed technology — 639 (63) 576 5 years Customer relationships — 149 (7) 142 10 years Total Intangible Assets $ 432 $ 453 $ (87) $ 798 Goodwill 7,663 4,040 — 11,703 Indefinite Total Intangible Assets and Goodwill $ 8,095 $ 4,493 $ (87) $ 12,501
Schedule of amortizable intangible asset	At June 30, 2017, amortizable intangible asset balances were: Accumulated ($ in thousands) Cost Amortization Net Book Value Non-compete agreements $ 2 $ (2) $ — Brand 95 (48) $ 47 Developed Technology 639 (191) $ 448 Customer Relationships 149 (22) $ 127 $ 885 $ (263) $ 622
Schedule of estimated annual amortization expense	2018 $ 175 2019 159 2020 143 2021 79 2022 15 Thereafter 51 $ 622

ACCRUED EXPENSES (Tables)

ACCRUED EXPENSES (Tables)	12 Months Ended
	Jun. 30, 2017
Accrued Liabilities [Abstract]
Schedule of accrued expenses	June 30, June 30, ($ in thousands) 2017 2016 Accrued compensation and related sales commissions $ 1,495 $ 1,268 Accrued professional fees 798 809 Accrued taxes and filing fees 916 795 Advanced customer billings 442 236 Accrued other 532 365 4,183 3,473 Less current portion (4,130) (3,458) $ 53 $ 15

LINE OF CREDIT (Tables)

LINE OF CREDIT (Tables)	12 Months Ended
	Jun. 30, 2017
Line Of Credit Facility [Abstract]
Schedule of line of credit facilities	For Year ended June 30, ($ in thousands) 2017 2016 Principal balance at period-end $ 7,111 $ 7,217 Unamortized discount (75) (98) Line of credit, net $ 7,036 $ 7,119 Maximum amount outstanding at any month end $ 7,395 $ 7,217 Average balance outstanding during the period $ 7,177 $ 4,959 Weighted-average interest rate: As of the period-end 6.5 % 5.8 % Paid during the period 6.0 % 5.5 %

SHORT TERM AND LONG-TERM DEBT35

SHORT TERM AND LONG-TERM DEBT BORROWINGS (Tables)	12 Months Ended
	Jun. 30, 2017
Debt Disclosure [Abstract]
Schedule of long-term debt and capital lease obligations	June 30, June 30, ($ in thousands) 2017 2016 Assignment of QuickStart Leases $ 1,226 $ 1,600 Capital lease obligations 3,065 605 $ 4,291 $ 2,205 Less current portion 3,230 629 $ 1,061 $ 1,576
Schedule of maturities of long-term debt	0g 2018 $ 3,230 2019 654 2020 375 2021 22 2022 10 $ 4,291

FAIR VALUE OF FINANCIAL INSTR36

FAIR VALUE OF FINANCIAL INSTRUMENTS (Tables)	12 Months Ended
	Jun. 30, 2017
Fair Value Disclosures [Abstract]
Schedule of fair value of financial instruments required to be measured at fair value	June 30, 2016 Level 1 Level 2 Level 3 Total Common stock warrant liability, 2.2 million warrants exercisable at $2.6058 from September 17, 2011 through September 17, 2016 $ — $ — $ 3,739 $ 3,739
Schedule of changes in fair value of the company's level 3 financial instruments	For Year Ended June 30, ($ in thousands) 2017 2016 Beginning balance $ (3,739) $ (978) Increase due to change in fair value of warrant liabilities (1,490) (5,674) Reduction due to warrant exercises 5,229 2,913 Ending balance $ — $ (3,739)

WARRANTS (Tables)

WARRANTS (Tables)	12 Months Ended
	Jun. 30, 2017
Warrants [Abstract]
Schedule exercise prices and expiration dates for warrants	All warrants outstanding as of June 30, 2017 were exercisable. The following table shows exercise prices and expiration dates for warrants outstanding as of June 30, 2017: Exercise Warrants Price Expiration Outstanding Per Share Date $ 5.00 March 29, 2021 The following table shows exercise prices and expiration dates for warrants outstanding as of June 30, 2016: Exercise Warrants Price Expiration Outstanding Per Share Date $ 2.61 September 18, 2016 $ 2.10 December 31, 2017 $ 5.00 March 29, 2021
Schedule of common stock warrant activity	Warrants Outstanding at June 30, 2015 4,309,000 Issued 23,978 Exercised (1,887,325) Expired — Outstanding at June 30, 2016 2,445,653 Issued — Exercised (2,401,408) Cancelled (20,267) Expired — Outstanding at June 30, 2017 23,978

INCOME TAXES (Tables)

INCOME TAXES (Tables)	12 Months Ended
	Jun. 30, 2017
Income Tax Disclosure [Abstract]
Schedule of benefit (provision) for income taxes	($ in thousands) 2017 2016 2015 Current: Federal $ (2) $ (7) $ (58) State (31) (38) (6) Total current (33) (45) (64) Deferred: Federal (14) 407 365 State (40) 253 (590) Total deferred (54) 660 (225) Total income tax (provision) benefit $ (87) $ 615 $ (289)
Schedule of income tax benefit in the provision for income taxes	($ in thousands) 2017 2016 2015 Indicated (provision) benefit at federal statutory rate of 34% $ 600 $ 2,523 $ 272 Effects of permanent differences Warrants (507) (1,929) (133) Other (137) (111) (82) State income taxes, net of federal benefit (59) 199 (410) Income tax credits 60 70 40 Changes related to prior years 8 — 187 Changes in valuation allowances (52) (137) (163) $ (87) $ 615 $ (289)
Schedule of deferred tax assets and liabilities	June 30, ($ in thousands) 2017 2016 Deferred tax assets: Net operating loss carryforwards $ 46,604 $ 46,691 Asset reserves 2,063 1,713 Deferred research and development 1,634 1,356 Intangibles 244 539 Deferred gain on assets under sale-leaseback transaction 125 331 Stock-based compensation 607 377 Other 285 379 51,562 51,386 Deferred tax liabilities: Fixed assets (706) (528) Deferred tax assets, net 50,856 50,858 Valuation allowance (23,186) (23,134) Deferred tax assets, net of allowance $ 27,670 $ 27,724

STOCK BASED COMPENSATION PLANS

STOCK BASED COMPENSATION PLANS (Tables)	12 Months Ended
	Jun. 30, 2017
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Schedule of stock based compensation plans	Authorized Date Approved Name of Plan Type of Plan Shares June 2013 2013 Stock Incentive Plan Stock 500,000 June 2014 2014 Stock Option Incentive Plan Stock Options 750,000 June 2015 2015 Stock Incentive Plan Stock & Stock Options 1,250,000 2,500,000
Schedule of common stock for future issuance	As of June 30, 2017, the Company had reserved shares of Common Stock for future issuance for the following: Exercise of Common Stock Warrants 23,978 Conversions of Preferred Stock and cumulative Preferred Stock dividends 100,667 Issuance under 2013 Stock Incentive Plan 9,004 Issuance under 2014 Stock Option Incentive Plan 1,447 Issuance under 2015 Stock Incentive Plan 1,052,000 Issuance to former Chief Executive Officer upon the occurrence of a USA Transaction 140,000 Total shares reserved for future issuance 1,327,096
Schedule of stock option granted weighted average assumptions	Year ended Year ended Year ended June 30, 2017 June 30, 2016 June 30, 2015 Expected volatility 48-50% 59-66% 78-79% Expected life 4 years 4.5 years 7 years Expected dividends 0.00% 0.00% 0.00% Risk-free interest rate 1.06-1.90% 1.46-1.49% 1.59-2.04%
Schedule of information related to outstanding options	For the Twelve Months Ended June 30, 2017 Weighted Average Grant Weighted Average Shares Date Fair Value Exercise Price Outstanding options, beginning of period 610,141 $ 1.35 $ 2.07 Granted 303,079 $ 1.80 $ 4.30 Forfeited — $ — $ — Exercised — $ — $ — Expired — $ — $ — Outstanding options, end of period 913,220 $ 1.51 $ 2.82 For the Twelve Months Ended June 30, 2016 Weighted Average Grant Weighted Average Shares Date Fair Value Exercise Price Outstanding options, beginning of period 538,888 $ 1.33 $ 1.86 Granted 199,586 $ 1.63 $ 3.21 Forfeited (95,000) $ 1.80 $ 3.38 Exercised — $ — $ — Expired (33,333) $ 1.27 $ 1.80 Outstanding options, end of period 610,141 $ 1.35 $ 2.07 For the Twelve Months Ended June 30, 2015 Weighted Average Grant Weighted Average Shares Date Fair Value Exercise Price Outstanding options, beginning of period 120,000 $ 1.49 $ 2.05 Granted 438,888 $ 1.30 $ 1.82 Forfeited (20,000) $ 1.49 $ 2.05 Exercised — $ — $ — Expired — $ — $ — Outstanding options, end of period 538,888 $ 1.33 $ 1.86 The following table provides information related to options as of June 30, 2017: Options Outstanding Options Exercisable Remaining Contractual Shares Remaining Contractual Weighted Average Range of Exercise Prices Options Outstanding Life Exercisable Life Exercise Price $1.62 to $1.68 75,000 4.51 50,001 4.51 $ 1.65 $1.80 to $2.00 295,555 4.16 245,555 4.16 $ 1.80 $2.05 100,000 3.97 100,000 3.97 $ 2.05 $2.09 10,000 4.58 6,666 4.58 $ 2.09 $2.75 25,000 4.77 16,666 4.77 $ 2.75 $2.94 75,000 5.53 25,000 5.53 $ 2.94 $3.38 29,585 5.06 29,586 5.06 $ 3.38 $4.00 75,000 6.69 — — $ — $4.05 30,000 6.61 10,000 6.61 $ 4.05 $4.40 178,000 6.78 — — $ — $4.98 20,080 6.17 — — $ — 913,220 5.18 483,474 4.36 $ 2.08
Schedule of unvested options	For the Twelve Months Ended June 30, 2017 2016 2015 Weighted Weighted Weighted Average Grant Average Grant Average Grant Shares Date Fair Value Shares Date Fair Value Shares Date Fair Value Unvested options, beginning of period 311,248 $ 1.39 505,553 $ 1.32 120,000 $ 1.49 Granted 303,079 $ 1.80 199,586 $ 1.63 438,888 $ 1.30 Vested (184,581) $ 1.42 (298,891) $ 1.31 (33,335) $ 1.49 Forfeited — $ — (95,000) $ 1.80 (20,000) $ 1.49 Unvested options, end of period 429,746 $ 1.67 311,248 $ 1.39 505,553 $ 1.32
Schedule of share based compensation arrangement by share based payment award, options outstanding and exercisable options	As of June 30, 2017 2016 2015 Options Exercisable Options Exercisable Options Exercisable Outstanding Options Outstanding Options Outstanding Options Number 913,220 483,474 610,141 298,893 538,888 33,335 Weighted average exercise price $ 2.82 $ 2.08 $ 2.07 $ 1.87 $ 1.86 2.05 Aggregate intrinsic value $ 2,173,464 $ 1,508,439 $ 1,341,828 $ 717,343 $ 452,666 21,668 Weighted average contractual term $ 5.18 4.36 5.42 5.17 6.21 5.97 Share price as of June 30 $ 5.20 $ 5.20 $ 4.27 $ 4.27 $ 2.70 $ 2.70
Schedule of nonvested share activity	Weighted-Average Grant-Date Shares Fair Value Nonvested at June 30, 2014 43,811 $ 1.59 Granted 155,927 2.00 Vested (181,134) 1.89 Nonvested at June 30, 2015 18,604 $ 1.88 Granted 131,558 3.04 Vested (21,664) 2.70 Nonvested at June 30, 2016 128,498 $ 2.97 Granted 135,585 4.25 Vested (141,527) 3.33 Nonvested at June 30, 2017 122,556 $ 3.96

PREFERRED STOCK (Tables)

PREFERRED STOCK (Tables)	12 Months Ended
	Jun. 30, 2017
Preferred Stock [Abstract]
Schedule of preferred stock	June 30, June 30, ($ in thousands) 2017 2016 For Shares outstanding at $10.00 per share $ 4,451 $ 4,451 Cumulative unpaid dividends 14,324 13,657 $ 18,775 $ 18,108

COMMITMENTS AND CONTINGENCIES (

COMMITMENTS AND CONTINGENCIES (Tables)	12 Months Ended
	Jun. 30, 2017
Commitments and Contingencies Disclosure [Abstract]
Schedule of gain on sale of ePort equipment	Year ended June 30, ($ in thousands) 2015 Rental equipment sold, cost $ 3,873 Rental equipment sold, accumulated depreciation upon sale (331) Rental equipment sold, net book value 3,542 Proceeds from sale 4,994 Gain on sale of rental equipment $ 1,452
Schedule of amount of gain recognized in consolidated statement of operations	Year ended June 30, ($ in thousands) 2017 2016 Beginning balance $ 900 $ 1,760 Recognition of deferred gain (561) (860) Ending balance 339 900 Less current portion 239 860 Non-current portion of deferred gain $ 100 $ 40
Schedule of capital leases and non-cancellable operating leases	Future minimum lease payments for fiscal years subsequent to June 30, 2017 under non-cancellable operating leases and capital leases are as follows: Operating Capital ($ in thousands) Leases Leases 2018 $ 628 $ 2,996 2019 621 217 2020 523 21 2021 465 19 2022 474 10 Thereafter 685 — Total minimum lease payments $ 3,396 $ 3,263 Less Amount Representing interest 198 Present Value of net minimum lease payments 3,065 Less Current obligations under capital leases 2,819 Obligations under capital leases, less current portion $ 246

UNAUDITED QUARTERLY DATA (Table

UNAUDITED QUARTERLY DATA (Tables)	12 Months Ended
	Jun. 30, 2017
Quarterly Financial Data [Abstract]
Schedule of unaudited quarterly data	UNAUDITED YEAR ENDED JUNE 30, 2017 First Quarter Second Quarter Third Quarter Fourth Quarter Year Revenues $ 21,588 $ 21,756 $ 26,460 $ 34,289 $ 104,093 Gross profit $ 6,167 $ 6,334 $ 6,625 $ 7,520 $ 26,646 Operating (loss) income $ (950) $ 234 $ 419 $ 432 $ 135 Net (loss) income $ (2,464) $ 233 $ 136 $ 243 $ (1,852) Cumulative preferred dividends $ (334) $ — $ (334) $ — $ (668) Net (loss) income applicable to common shares $ (2,798) $ 233 $ (198) $ 243 $ (2,520) Net (loss) earnings per common share - basic $ (0.07) $ 0.01 $ 0.00 $ 0.01 $ (0.06) Net (loss) earnings per common share - diluted $ (0.07) $ 0.01 $ 0.00 $ 0.01 $ (0.06) Weighted average number of common shares outstanding - basic 38,488,005 40,308,934 40,327,697 40,331,993 39,860,335 Weighted average number of common shares outstanding - diluted 38,488,005 40,730,712 40,327,697 40,772,482 39,860,335 UNAUDITED YEAR ENDED JUNE 30, 2016 First Quarter Second Quarter Third Quarter Fourth Quarter Year Revenues $ 16,600 $ 18,503 $ 20,361 $ 21,944 $ 77,408 Gross profit $ 5,047 $ 5,483 $ 5,672 $ 5,783 $ 21,985 Operating income (loss) $ 112 $ 594 $ (595) $ (1,578) $ (1,467) Net income (loss) $ 360 $ (874) $ (5,420) $ (872) $ (6,806) Cumulative preferred dividends $ (334) $ — $ (334) $ — $ (668) Net income (loss) applicable to common shares $ 26 $ (874) $ (5,754) $ (872) $ (7,474) Net earnings (loss) per common share - basic $ 0.00 $ (0.02) $ (0.16) $ (0.02) $ (0.21) Net earnings (loss) per common share - diluted $ 0.00 $ (0.02) $ (0.16) $ (0.02) $ (0.21) Weighted average number of common shares outstanding - basic 35,848,395 35,909,933 36,161,626 37,325,681 36,309,047 Weighted average number of common shares outstanding - diluted 36,487,879 35,909,933 36,161,626 37,325,681 36,309,047

ACCOUNTING POLICIES - Goodwill

ACCOUNTING POLICIES - Goodwill and Intangible Assets (Details) - USD ($)	3 Months Ended	12 Months Ended
	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2015
Accounting Policies [Abstract]
Term of notes receivable or quick start leases		60 months	60 months
Goodwill impairment		$ 0	$ 0	$ 0
Indefinite-Lived Intangible Assets (Excluding Goodwill)		0
Impairment of Intangible Assets	$ 432,000	$ 0

ACCOUNTING POLICIES - Concentra

ACCOUNTING POLICIES - Concentration of Risks And Revenue Recognition (Details) - customer	12 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2015
Concentration Risk [Line Items]
Term of non cancelable lease with agreement	5 years
Revenue from Rights Concentration Risk
Concentration Risk [Line Items]
Number of customers	1	1	1
Revenue from Rights Concentration Risk | Customer One [Member]
Concentration Risk [Line Items]
Concentration percentage	20.00%	16.00%	21.00%
Equipment Sales Revenue
Concentration Risk [Line Items]
Number of customers	1	1	1
Equipment Sales Revenue | Customer One [Member]
Concentration Risk [Line Items]
Concentration percentage	37.00%	28.00%	17.00%
Accounts And Finance Receivables
Concentration Risk [Line Items]
Number of customers	1	1	1
Accounts And Finance Receivables | Customer One [Member]
Concentration Risk [Line Items]
Concentration percentage	42.00%	18.00%	35.00%

ACCOUNTING POLICIES - Warranty

ACCOUNTING POLICIES - Warranty Costs (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2015
Rental term	36 years
Advertising expense	$ 400	$ 300	$ 200
Research and development expenses	1,400	1,400	1,500
Interest or penalties related to uncertain tax positions	0	0	$ 0
Deferred Tax Assets, Net, Noncurrent	$ 27,670	27,724
Minimum
Cancellation period	30 days
Term of products warranty	P1Y
Maximum
Cancellation period	60 days
Term of products warranty	P3Y
Adjustments for New Accounting Principle, Early Adoption | Accounting Standards Update 2015-01
Deferred Tax Assets, Current		(2,300)
Deferred Tax Assets, Net, Noncurrent		$ 2,300

ACQUISITION - Vendscreen Inc (D

ACQUISITION - Vendscreen Inc (Details) $ in Thousands	Jan. 15, 2016USD ($)customeritem	Dec. 31, 2016USD ($)	Jun. 30, 2017USD ($)	Jun. 30, 2016USD ($)	Jun. 30, 2015USD ($)
Business Acquisition [Line Items]
Cash paid for assets acquired from VendScreen				$ 5,625
Reduction of goodwill			$ (211)	4,040
Goodwill			11,492	11,703	$ 7,663
Vendscreen, Inc
Business Acquisition [Line Items]
Cash paid for assets acquired from VendScreen	$ 5,625
Purchase price funding using cash	2,600
Purchase price from term loan	$ 3,000
Number of customers | customer	150
Number of connections | item	6,000
Percentage of new customers of USAT	50.00%
Business combination net revenues contributed				1,200
Fair value of intangible assets	$ 885
Reduction of goodwill		$ (211,000)
Goodwill	$ 3,829	$ 3,800
Non recurring expenses incurred in connection with acquisition			$ 109,000	$ 842,000
Vendscreen, Inc | Developed Technology Rights
Business Acquisition [Line Items]
Amortization period	5 years
Fair value of intangible assets	$ 639
Vendscreen, Inc | Customer Relationships
Business Acquisition [Line Items]
Amortization period	10 years
Fair value of intangible assets	$ 149
Vendscreen, Inc | Non-compete agreements
Business Acquisition [Line Items]
Amortization period	2 years
Fair value of intangible assets	$ 2
Vendscreen, Inc | Brand
Business Acquisition [Line Items]
Amortization period	3 years
Fair value of intangible assets	$ 95

ACQUISITION - Vendscreen Inc (P

ACQUISITION - Vendscreen Inc (Purchase Price Allocation) (Details) - USD ($) $ in Thousands	Jan. 15, 2016	Jun. 30, 2016	Jun. 30, 2017	Dec. 31, 2016	Jun. 30, 2015
Consideration:
Fair value of total consideration paid in cash		$ 5,625
Financial liabilities
Goodwill		$ 11,703	$ 11,492		$ 7,663
Vendscreen, Inc
Consideration:
Fair value of total consideration paid in cash	$ 5,625
Financial Assets:
Accounts receivable	3
Finance receivables	839
Other current assets	20
Deferred income taxes	18
Financial assets, total	880
Property & equipment	81
Identifiable intangible assets:
Fair value of intangible assets	885
Financial liabilities
Accrued liabilities	(50)
Total identifiable net assets	1,796
Goodwill	3,829			$ 3,800
Total Fair Value	5,625
Vendscreen, Inc | Developed Technology Rights
Identifiable intangible assets:
Fair value of intangible assets	639
Vendscreen, Inc | Customer Relationships
Identifiable intangible assets:
Fair value of intangible assets	149
Vendscreen, Inc | Brand
Identifiable intangible assets:
Fair value of intangible assets	95
Vendscreen, Inc | Non-compete agreements
Identifiable intangible assets:
Fair value of intangible assets	$ 2

EARNINGS PER SHARE CALCULATIO48

EARNINGS PER SHARE CALCULATION - Calculation of Earning Per Share (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended								12 Months Ended
	Jun. 30, 2017	Mar. 31, 2017	Dec. 31, 2016	Sep. 30, 2016	Jun. 30, 2016	Mar. 31, 2016	Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2015
Numerator for basic and diluted earnings per share
Net loss	$ 243	$ 136	$ 233	$ (2,464)	$ (872)	$ (5,420)	$ (874)	$ 360	$ (1,852)	$ (6,806)	$ (1,089)
Preferred dividends		(334)		(334)		(334)		(334)	(668)	(668)	(668)
Net loss available to common shareholders	$ 243	$ (198)	$ 233	$ (2,798)	$ (872)	$ (5,754)	$ (874)	$ 26	$ (2,520)	$ (7,474)	$ (1,757)
Denominator for basic earnings per share - Weighted average shares outstanding	40,331,993	40,327,697	40,308,934	38,488,005	37,325,681	36,161,626	35,909,933	35,848,395	39,860,335	36,309,047	35,719,211
Denominator for diluted earnings per share - Adjusted weighted average shares outstanding	40,772,482	40,327,697	40,730,712	38,488,005	37,325,681	36,161,626	35,909,933	36,487,879	39,860,335	36,309,047	35,719,211
Basic loss per share	$ 0.01	$ 0	$ 0.01	$ (0.07)	$ (0.02)	$ (0.16)	$ (0.02)	$ 0	$ (0.06)	$ (0.21)	$ (0.05)
Diluted loss per share	$ 0.01	$ 0	$ 0.01	$ (0.07)	$ (0.02)	$ (0.16)	$ (0.02)	$ 0	$ (0.06)	$ (0.21)	$ (0.05)

EARNINGS PER SHARE CALCULATIO49

EARNINGS PER SHARE CALCULATION - Additional Information (Details) - shares	12 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2015
Earnings Per Share [Abstract]
Antidilutive shares excluded from the calculation of diluted earnings per shares	634,231	1,168,689	252,827

FINANCE RECEIVABLES - Informati

FINANCE RECEIVABLES - Information Regarding Finance Receivables (Details) - USD ($) $ in Thousands	Jun. 30, 2017	Jun. 30, 2016
Receivables [Abstract]
Total Finance Receivables	$ 19,617	$ 7,306
Less current portion	11,010	3,588
Non-current portion of finance receivables	$ 8,607	$ 3,718

FINANCE RECEIVABLES - Credit Ri

FINANCE RECEIVABLES - Credit Risk Profile Based on Payment Activity (Details) - USD ($) $ in Thousands	Jun. 30, 2017	Jun. 30, 2016
Financing Receivable, Recorded Investment [Line Items]
Total finance receivables	$ 19,617	$ 7,306
Performing
Financing Receivable, Recorded Investment [Line Items]
Total finance receivables	19,515	7,174
Nonperforming
Financing Receivable, Recorded Investment [Line Items]
Total finance receivables	$ 102	$ 132

FINANCE RECEIVABLES - Age Analy

FINANCE RECEIVABLES - Age Analysis of Past Due Finance Receivables (Details) - USD ($) $ in Thousands	Jun. 30, 2017	Jun. 30, 2016
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Finance Receivables	$ 19,617	$ 7,306
QuickStart Leases
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	102	132
Current	19,515	7,174
Total Finance Receivables	19,617	7,306
QuickStart Leases | 30 and under days past due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	29
QuickStart Leases | 31 to 60 days past due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	3	98
QuickStart Leases | 61 to 90 days past due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	35	31
QuickStart Leases | Greater than 90 days past due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	$ 35	$ 3

FINANCE RECEIVABLES - Summary o

FINANCE RECEIVABLES - Summary of Finance receivables Fiscal Years (Details) $ in Thousands	Jun. 30, 2017USD ($)
Receivables [Abstract]
2,018	$ 11,010
2,019	2,417
2,020	2,462
2,021	2,006
2,022	1,656
Thereafter	66
Total Financial Receivable	$ 19,617

PROPERTY AND EQUIPMENT, net - S

PROPERTY AND EQUIPMENT, net - Summary of Property And Equipment at Cost (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2017	Jun. 30, 2016
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	$ 39,838	$ 33,603
Less accumulated depreciation	(27,727)	(23,838)
Property and equipment, net	$ 12,111	$ 9,765
Computer equipment and purchased software
Property, Plant and Equipment [Line Items]
Useful lives	3-7 years	3-7 years
Property, plant and equipment, gross	$ 5,951	$ 5,369
Less accumulated depreciation	(4,800)	(4,365)
Property and equipment, net	$ 1,151	$ 1,004
Internal-use software
Property, Plant and Equipment [Line Items]
Useful lives	3-5 years	3-5 years
Property, plant and equipment, gross	$ 1,089	$ 137
Less accumulated depreciation	(112)	(9)
Property and equipment, net	$ 977	$ 128
Property and equipment used for rental program
Property, Plant and Equipment [Line Items]
Useful lives	5 years	5 years
Property, plant and equipment, gross	$ 31,406	$ 26,648
Less accumulated depreciation	(21,948)	(18,246)
Property and equipment, net	$ 9,458	$ 8,402
Furniture and fixtures
Property, Plant and Equipment [Line Items]
Useful lives	3-7 years	3-7 years
Property, plant and equipment, gross	$ 1,174	$ 874
Less accumulated depreciation	(774)	(654)
Property and equipment, net	$ 400	$ 220
Leasehold improvements
Property, Plant and Equipment [Line Items]
Useful lives	Lesser of life or lease term	Lesser of life or lease term
Property, plant and equipment, gross	$ 218	$ 575
Less accumulated depreciation	(93)	(564)
Property and equipment, net	$ 125	$ 11

PROPERTY AND EQUIPMENT, net - A

PROPERTY AND EQUIPMENT, net - Additional Information (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2015
Assets under capital leases, gross	$ 6,600	$ 2,600
Capital lease amortization included in depreciation expense	3,100	1,900
Accumulated depreciation attributable to the Lessor Equipment is included in accumulated depreciation	27,727	23,838
Depreciation expense
Capital lease amortization included in depreciation expense	1,200	271	$ 349
Property and equipment used for rental program
Accumulated depreciation attributable to the Lessor Equipment is included in accumulated depreciation	21,948	18,246
Depreciation expense	$ 4,600	$ 4,600	$ 5,100

GOODWILL AND INTANGIBLE ASSET56

GOODWILL AND INTANGIBLE ASSETS - Summary of Intangible Assets (Details) - USD ($)	12 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2015	Dec. 31, 2014
Goodwill [Roll Forward]
Goodwill, Beginning Balance	$ 11,703,000	$ 7,663,000
Goodwill, Additions / Adjustments	(211,000)	4,040,000
Goodwill, Amortization	0	0	$ 0
Goodwill, Ending Balance	$ 11,492,000	$ 11,703,000	7,663,000
Goodwill, Amortization Period	Indefinite	Indefinite
Indefinite-lived Intangible Assets [Roll Forward]
Amortization	$ 176,000		0
Indefinite Intangible Assets, Ending Balance	0
Finite-lived Intangible Assets [Roll Forward]
Beginning Balance	798,000
Additions / Adjustments		$ 453,000
Amortization	176,000	87,000
Ending Balance	622,000	798,000
Intangible Assets, Net (Including Goodwill) [Abstract]
Intangible Assets, Beginning Balance	12,501,000	8,095,000
Intangible Assets, Additions	(211,000)	4,493,000
Intangible Assets, Amortization	(176,000)	(87,000)
Intangible Assets, Ending Balance	12,114,000	12,501,000	8,095,000
Intangible Assets, Net (Excluding Goodwill) [Abstract]
Total Intangible Assets	798,000	432,000
Additions / Adjustments		453,000
Amortization	(176,000)	(87,000)
Total Intangible Assets	622,000	798,000	432,000
Trademarks [Member]
Indefinite-lived Intangible Assets [Roll Forward]
Indefinite Intangible Assets, Beginning Balance		432,000
Additions / Adjustments		(432,000)
Indefinite Intangible Assets, Ending Balance			$ 432,000
Amortization Period				Indefinite
Non-compete agreements
Finite-lived Intangible Assets [Roll Forward]
Beginning Balance	1,000
Additions / Adjustments		2,000
Amortization	$ (1,000)	(1,000)
Ending Balance		$ 1,000
Amortization Period	2 years	2 years
Intangible Assets, Net (Excluding Goodwill) [Abstract]
Additions / Adjustments		$ 2,000
Amortization	$ 1,000	$ 1,000
Amortization Period	2 years	2 years
Brand
Finite-lived Intangible Assets [Roll Forward]
Beginning Balance	$ 79,000
Additions / Adjustments		$ 95,000
Amortization	(32,000)	(16,000)
Ending Balance	$ 47,000	$ 79,000
Amortization Period	3 years	3 years
Intangible Assets, Net (Excluding Goodwill) [Abstract]
Additions / Adjustments		$ 95,000
Amortization	$ 32,000	$ 16,000
Amortization Period	3 years	3 years
Technology-Based Intangible Assets
Finite-lived Intangible Assets [Roll Forward]
Beginning Balance	$ 576,000
Additions / Adjustments		$ 639,000
Amortization	(128,000)	(63,000)
Ending Balance	$ 448,000	$ 576,000
Amortization Period	5 years	5 years
Intangible Assets, Net (Excluding Goodwill) [Abstract]
Additions / Adjustments		$ 639,000
Amortization	$ 128,000	$ 63,000
Amortization Period	5 years	5 years
Customer Relationships
Finite-lived Intangible Assets [Roll Forward]
Beginning Balance	$ 142,000
Additions / Adjustments		$ 149,000
Amortization	(15,000)	(7,000)
Ending Balance	$ 127,000	$ 142,000
Amortization Period	10 years	10 years
Intangible Assets, Net (Excluding Goodwill) [Abstract]
Additions / Adjustments		$ 149,000
Amortization	$ 15,000	$ 7,000
Amortization Period	10 years	10 years

GOODWILL AND INTANGIBLE ASSET57

GOODWILL AND INTANGIBLE ASSETS - Summary of Amortizable Intangible Asset (Details) - USD ($) $ in Thousands	Jun. 30, 2017	Jun. 30, 2016
Finite-Lived Intangible Assets [Line Items]
Amortizable intangible assets, Cost	$ 885
Amortizable intangible assets, Accumulated amortization	(263)
Amortizable intangible assets, Net book value	622	$ 798
Non-compete agreements
Finite-Lived Intangible Assets [Line Items]
Amortizable intangible assets, Cost	2
Amortizable intangible assets, Accumulated amortization	(2)
Amortizable intangible assets, Net book value		1
Brand
Finite-Lived Intangible Assets [Line Items]
Amortizable intangible assets, Cost	95
Amortizable intangible assets, Accumulated amortization	(48)
Amortizable intangible assets, Net book value	47	79
Technology-Based Intangible Assets
Finite-Lived Intangible Assets [Line Items]
Amortizable intangible assets, Cost	639
Amortizable intangible assets, Accumulated amortization	(191)
Amortizable intangible assets, Net book value	448	576
Customer Relationships
Finite-Lived Intangible Assets [Line Items]
Amortizable intangible assets, Cost	149
Amortizable intangible assets, Accumulated amortization	(22)
Amortizable intangible assets, Net book value	$ 127	$ 142

GOODWILL AND INTANGIBLE ASSET58

GOODWILL AND INTANGIBLE ASSETS - Summary of Estimated Annual Amortization Expense For Amortizable Intangible Asset (Details) - USD ($) $ in Thousands	Jun. 30, 2017	Jun. 30, 2016
Goodwill and Intangible Assets Disclosure [Abstract]
2,018	$ 175
2,019	159
2,020	143
2,021	79
2,022	15
Thereafter	51
Amortizable intangible assets, Net book value	$ 622	$ 798

GOODWILL AND INTANGIBLE ASSET59

GOODWILL AND INTANGIBLE ASSETS - Additional Information (Details) - USD ($)	3 Months Ended	12 Months Ended
	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2015
Goodwill and Intangible Assets Disclosure [Abstract]
Reduction of goodwill		$ (211,000)	$ 4,040,000
Amortization expense of acquired intangible assets		176,000	87,000
Goodwill impairment		0	$ 0	$ 0
Impairment write-down	$ 432,000	$ 0

ACCRUED EXPENSES - Information

ACCRUED EXPENSES - Information Regarding Accrued Expenses (Details) - USD ($) $ in Thousands	Jun. 30, 2017	Jun. 30, 2016
Accrued Liabilities [Abstract]
Accrued compensation and related sales commissions	$ 1,495	$ 1,268
Accrued professional fees	798	809
Accrued taxes and filing fees	916	795
Advanced customer billings	442	236
Accrued other	532	365
Accrued expenses, total	4,183	3,473
Less current portion	(4,130)	(3,458)
Accrued expenses, less current portion	$ 53	$ 15

LINE OF CREDIT - Summary of Lin

LINE OF CREDIT - Summary of Line of Credit (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2017	Jun. 30, 2016
Line Of Credit Facility [Abstract]
Principal balance at period-end	$ 7,111	$ 7,217
Unamortized discount	(75)	(98)
Line of credit, net	7,036	7,119
Maximum amount outstanding at any month end	7,395	7,217
Average balance outstanding during the period	$ 7,177	$ 4,959
Weighted-average interest rate:
As of the period-end	6.50%	5.80%
Paid during the period	6.00%	5.50%

LINE OF CREDIT - Additional Inf

LINE OF CREDIT - Additional Information (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2015	Mar. 29, 2016
Line of Credit Facility [Line Items]
Deferred financing costs	$ 90
Line of credit, net	7,036	$ 7,119
Line of credit facility amount available under line of credit	4,900
Interest expense	$ 892	600	$ 302
Prime Rate
Line of Credit Facility [Line Items]
Interest rate	4.25%
Heritage Bank Of Commerce
Line of Credit Facility [Line Items]
Principal amount of term loan	$ 7,100	7,200
Debt issuance costs	75
Line of credit, net	7,000
Line Of Credit
Line of Credit Facility [Line Items]
Interest expense	$ 434	260	$ 211
Revolving Credit Facility | Heritage Bank Of Commerce | Loan And Security Agreement
Line of Credit Facility [Line Items]
Maximum limit of amount under line of credit		$ 12,000		$ 12,000
Line of credit facility, basis of measurement		Federal Reserves' Prime
Percentage of interest rate above prime rate		2.25%

SHORT TERM AND LONG-TERM DEBT63

SHORT TERM AND LONG-TERM DEBT BORROWINGS - Additional Information (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	May 31, 2015	Feb. 28, 2015
Debt Instrument [Line Items]
Term of notes receivable or quick start leases	60 months	60 months
Capital lease obligations	$ 3,065	$ 605
Sales Leaseback Agreements
Debt Instrument [Line Items]
Capital lease obligations	$ 2,400
Capital Lease Obligations - Office and Network Equipment
Debt Instrument [Line Items]
Percentage of interest rates	5.60%	9.00%
Capital lease obligations	$ 300	$ 400
Capital lease obligations term	2 years	5 years
Assignment Of Quickstart Leases
Debt Instrument [Line Items]
Financing lease obligations			$ 304	$ 1,800
Assignment Of Quickstart Leases | Minimum
Debt Instrument [Line Items]
Percentage of interest rates				9.40%
Assignment Of Quickstart Leases | Maximum
Debt Instrument [Line Items]
Percentage of interest rates			9.50%

SHORT TERM AND LONG-TERM DEBT64

SHORT TERM AND LONG-TERM DEBT BORROWINGS - Long-term Debt (Details) - USD ($) $ in Thousands	Jun. 30, 2017	Jun. 30, 2016
Debt Instrument [Line Items]
Long-term debt	$ 4,291
Capital lease obligations	3,065	$ 605
Long-term Debt and Capital Lease Obligations, Including Current Maturities, Total	4,291	2,205
Less current portion	3,230	629
Debt and Capital Lease Obligations, Total	1,061	1,576
Assignment Of Quickstart Leases
Debt Instrument [Line Items]
Long-term debt	1,226	1,600
Capital Lease Obligations - Office and Network Equipment
Debt Instrument [Line Items]
Capital lease obligations	$ 300	$ 400

SHORT TERM AND LONG-TERM DEBT65

SHORT TERM AND LONG-TERM DEBT BORROWINGS - Maturities of Long-term Debt (Details) $ in Thousands	Jun. 30, 2017USD ($)
Debt Disclosure [Abstract]
2,018	$ 3,230
2,019	654
2,020	375
2,021	22
2,022	10
Long-term debt	$ 4,291

FAIR VALUE OF FINANCIAL INSTR66

FAIR VALUE OF FINANCIAL INSTRUMENTS - Fair Value of the Company Financial Instruments that are Required to be Measured at Fair Value (Details) $ in Thousands	Jun. 30, 2016USD ($)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Common stock warrant liability, warrants exercisable at $2.6058 from September 17, 2011 through September 17, 2016	$ 3,739
Fair Value, Inputs, Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Common stock warrant liability, warrants exercisable at $2.6058 from September 17, 2011 through September 17, 2016	$ 3,739

FAIR VALUE OF FINANCIAL INSTR67

FAIR VALUE OF FINANCIAL INSTRUMENTS - Fair Value of the Company Financial Instruments that are Required to be Measured at Fair Value - Additional Information (Details) shares in Millions	Jun. 30, 2016$ / sharesshares
Fair Value Disclosures [Abstract]
Number of common stock called by warrants | shares	2.2
Exercise price of warrants per share | $ / shares	$ 2.6058

FAIR VALUE OF FINANCIAL INSTR68

FAIR VALUE OF FINANCIAL INSTRUMENTS - Changes in Fair Value of the Company Level 3 Financial Instruments (unaudited) (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2017	Jun. 30, 2016
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Beginning balance	$ (3,739)	$ (978)
Increase due to change in fair value of warrant liabilities	(1,490)	(5,674)
Reduction due to warrant exercises	$ 5,229	2,913
Ending balance		$ (3,739)

FAIR VALUE OF FINANCIAL INSTR69

FAIR VALUE OF FINANCIAL INSTRUMENTS - Additional Information (Details) - USD ($) $ in Thousands	Jun. 30, 2017	Jun. 30, 2016
Fair Value Disclosures [Abstract]
Fair value transfers assets, Level 1 to Level 2	$ 0	$ 0
Fair value transfers assets, Level 2 to Level 1	0	0
Fair Value transfers liabilities, Level 1 to Level 2	0	0
Fair Value transfers liabilities, Level 2 to Level 1	$ 0	$ 0

WARRANTS - Exercise Prices and

WARRANTS - Exercise Prices and Expiration Dates for Warrants Outstanding (Details) - $ / shares	12 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2015
Class of Warrant or Right [Line Items]
Warrants Outstanding	23,978	2,445,653
Exercise Price Per Share		$ 2.6058
Warrants Expiring On 18 September 2016
Class of Warrant or Right [Line Items]
Warrants Outstanding		2,376,675
Exercise Price Per Share		$ 2.61
Expiration Date		Sep. 18, 2016
Warrants Expiring On 31 December 2017
Class of Warrant or Right [Line Items]
Warrants Outstanding		45,000
Exercise Price Per Share		$ 2.10
Expiration Date		Dec. 31, 2017
Warrants Expiring On 29 March 2021
Class of Warrant or Right [Line Items]
Warrants Outstanding		23,978
Exercise Price Per Share		$ 5
Expiration Date		Mar. 29, 2021
Stock purchase warrants
Class of Warrant or Right [Line Items]
Warrants Outstanding	23,978	2,445,653	4,309,000
Stock purchase warrants | Warrants Expiring On 29 March 2021
Class of Warrant or Right [Line Items]
Warrants Outstanding	23,978
Exercise Price Per Share	$ 5
Expiration Date	Mar. 29, 2021

WARRANTS - Summary of Warrant A

WARRANTS - Summary of Warrant Activity (Details) - shares	12 Months Ended
	Jun. 30, 2017	Jun. 30, 2016
Class Of Warrant Or Right [Roll Forward]
Outstanding at June 30	2,445,653
Outstanding at June 30	23,978	2,445,653
Stock purchase warrants
Class Of Warrant Or Right [Roll Forward]
Outstanding at June 30	2,445,653	4,309,000
Issued		23,978
Exercised	(2,401,408)	(1,887,325)
Cancelled	(20,267)
Outstanding at June 30	23,978	2,445,653

WARRANTS - Private Placement Of

WARRANTS - Private Placement Offering (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	Mar. 29, 2016	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2015	Mar. 17, 2011
Class of Warrant or Right [Line Items]
Warrants issued			2,200
Exercise price per share			$ 2.6058
Warrant liabilities			$ 3,739	$ 978
Non-cash interest and amortization of debt discount		$ 113	13
Stock purchase warrants | Private Placement Offering 2011 [Member]
Class of Warrant or Right [Line Items]
Warrants issued					4,300
Exercise price per share					$ 2.6058
Number of warrants exercisable					4,300
Warrant liabilities		$ 0	$ 3,700
Number of warrants exercised		2,400	1,900
Proceeds from issuance of common stock		$ 6,200	$ 4,900
Revolving Credit Facility | Heritage Bank Of Commerce | Loan And Security Agreement
Class of Warrant or Right [Line Items]
Warrants issued	24
Exercise price per share	$ 5
Maximum limit of amount under line of credit	$ 12,000		12,000
Fair value of warrants	$ 52
Non-cash interest and amortization of debt discount		$ 39	$ 13
Line Of Credit | Commercial Bank. | Loan And Security Agreement | Stock purchase warrants
Class of Warrant or Right [Line Items]
Warrants issued	45
Exercise price per share	$ 2.10
Fair value of warrants	$ 55

INCOME TAXES - Summary of Benef

INCOME TAXES - Summary of Benefit (Provision) for Income Taxes (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2015
Current:
Federal	$ (2)	$ (7)	$ (58)
State	(31)	(38)	(6)
Current income tax (expense) benefit	(33)	(45)	(64)
Deferred:
Federal	(14)	407	365
State	(40)	253	(590)
Deferred tax (expense) benefit	(54)	660	(225)
(Provision) benefit for income taxes	$ (87)	$ 615	$ (289)

INCOME TAXES - Summary of Recon

INCOME TAXES - Summary of Reconciliation of the Benefit (Provision) for Income Taxes (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2015
Income Tax Disclosure [Abstract]
Indicated benefit (provision) at federal statutory rate of 34%	$ 600	$ 2,523	$ 272
Effects of permanent differences, Warrants	(507)	(1,929)	(133)
Effects of permanent differences, Other	(137)	(111)	(82)
State income taxes, net of federal benefit	(59)	199	(410)
Income tax credits	60	70	40
Changes related to prior years	8		187
Change in valuation allowances	(52)	(137)	(163)
(Provision) benefit for income taxes	$ (87)	$ 615	$ (289)

INCOME TAXES - Summary of Net D

INCOME TAXES - Summary of Net Deferred Tax Assets (Details) - USD ($) $ in Thousands	Jun. 30, 2017	Jun. 30, 2016
Deferred tax assets:
Net operating loss carryforwards	$ 46,604	$ 46,691
Asset reserves	2,063	1,713
Deferred research and development costs	1,634	1,356
Intangibles	244	539
Deferred gain on assets under sale-leaseback transaction	125	331
Stock-based compensation	607	377
Other	285	379
Deferred tax assets, gross	51,562	51,386
Deferred tax liabilities:
Fixed assets	(706)	(528)
Deferred Tax Assets, Gross	51,562	51,386
Deferred tax assets, net	50,856	50,858
Valuation allowance	(23,186)	(23,134)
Deferred tax assets, net of allowance	$ 27,670	$ 27,724

INCOME TAXES - Addtional Inform

INCOME TAXES - Addtional Information (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2015
Income Tax Disclosure [Abstract]
Reduction valuation allowances recorded in prior periods	$ 64,000
State and federal income tax effects			$ 396
Federal statutory rate	34.00%	34.00%	34.00%
Federal operating loss carryforwards	$ 162,000
State operating loss carryforwards	72,000
Maximum amount of net federal operating loss carryforwards	$ 124,000

STOCK BASED COMPENSATION PLAN77

STOCK BASED COMPENSATION PLANS - Summary of Stock Based Compensation Plans (Details)	12 Months Ended
	Jun. 30, 2017agreementshares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of active plans | agreement	3
Number of shares authorized to purchase	2,500,000
June 2013 | 2013 Stock Incentive Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shares authorized to purchase	500,000
June 2014 | 2014 Stock Option Incentive Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shares authorized to purchase	750,000
June 2015 | 2015 Stock Incentive Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shares authorized to purchase	1,250,000

STOCK BASED COMPENSATION PLAN78

STOCK BASED COMPENSATION PLANS - Summary of Reserved Shares of Common Stock for Future Issuance (Details)	12 Months Ended
	Jun. 30, 2017shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Exercise of Common Stock Warrants	23,978
Conversions of Preferred Stock and cumulative Preferred Stock dividends	100,667
Issuance under Stock Incentive Plan	1,327,096
2013 Stock Incentive Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Issuance under Stock Incentive Plan	9,004
2014 Stock Option Incentive Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Issuance under Stock Incentive Plan	1,447
2015 Stock Incentive Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Issuance under Stock Incentive Plan	1,052,000

STOCK BASED COMPENSATION PLAN79

STOCK BASED COMPENSATION PLANS - Summary of Valuation Assumption (Details) - Stock options	12 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2015
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Expected life	4 years	4 years 6 months	7 years
Expected dividends	0.00%	0.00%	0.00%
Minimum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Expected volatility	48.00%	59.00%	78.00%
Risk-free interest rate	1.06%	1.46%	1.59%
Maximum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Expected volatility	50.00%	66.00%	79.00%
Risk-free interest rate	1.90%	1.49%	2.04%

STOCK BASED COMPENSATION PLAN80

STOCK BASED COMPENSATION PLANS - Summary of Options Outstanding (Details) - Stock options - $ / shares	12 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2015
Shares
Outstanding options, beginning of period	610,141	538,888	120,000
Granted	303,079	199,586	438,888
Forfeited		(95,000)	(20,000)
Expired		(33,333)
Outstanding options, end of period	913,220	610,141	538,888
Weighted Average Grant Date Fair Value
Weighted average grant date fair value,Outstanding, Beginning of period	$ 1.35	$ 1.33	$ 1.49
Granted.	1.80	1.63	1.30
Forfeited		1.80	1.49
Expired		1.27
Weighted average grant date fair value, Outstanding, Ending of period	1.51	1.35	1.33
Weighted Average Exercise Price
Weighted average exercise price, Options Outstanding	2.07	1.86	2.05
Granted	4.30	3.21	1.82
Forfeited		3.38	2.05
Exercised	2.82	2.07	1.86
Expired		1.80
Weighted average exercise price, Options Outstanding	$ 2.82	$ 2.07	$ 1.86

STOCK BASED COMPENSATION PLAN81

STOCK BASED COMPENSATION PLANS - Summary of Information Related to Options (Details) - $ / shares	12 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2014
$1.62 to $1.68
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]
Options, Outstanding	75,000
Options Exercisable	50,001
Options Exercisable, Remaining Contractual Life	4 years 6 months 4 days
Options Exercisable, Weighted Average Exercise Price	$ 1.65
$1.80 to $2.00
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]
Options, Outstanding	295,555
Options Exercisable	245,555
Options Exercisable, Remaining Contractual Life	4 years 1 month 28 days
Options Exercisable, Weighted Average Exercise Price	$ 1.80
$ 2.05
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]
Options, Outstanding	100,000
Options Exercisable	100,000
Options Exercisable, Remaining Contractual Life	3 years 11 months 19 days
Options Exercisable, Weighted Average Exercise Price	$ 2.05
$ 2.09
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]
Options, Outstanding	10,000
Options Exercisable	6,666
Options Exercisable, Remaining Contractual Life	4 years 6 months 29 days
Options Exercisable, Weighted Average Exercise Price	$ 2.09
$ 2.75
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]
Options, Outstanding	25,000
Options Exercisable	16,666
Options Exercisable, Remaining Contractual Life	4 years 9 months 7 days
Options Exercisable, Weighted Average Exercise Price	$ 2.75
$ 2.94
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]
Options, Outstanding	75,000
Options Exercisable	25,000
Options Exercisable, Remaining Contractual Life	5 years 6 months 11 days
Options Exercisable, Weighted Average Exercise Price	$ 2.94
$ 3.38
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]
Options, Outstanding	29,585
Options Exercisable	29,586
Options Exercisable, Remaining Contractual Life	5 years 22 days
Options Exercisable, Weighted Average Exercise Price	$ 3.38
$ 4
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]
Range of Exercise Prices	$ 4
Options, Outstanding	75,000
Options Exercisable, Remaining Contractual Life	6 years 8 months 9 days
$ 4.05
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]
Range of Exercise Prices	$ 4.05
Options, Outstanding	30,000
Options Exercisable	10,000
Options Exercisable, Remaining Contractual Life	6 years 7 months 10 days
Options Exercisable, Weighted Average Exercise Price	$ 4.05
$ 4.40
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]
Range of Exercise Prices	$ 4.40
Options, Outstanding	178,000
Options Exercisable, Remaining Contractual Life	6 years 9 months 11 days
$ 4.98
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]
Range of Exercise Prices	$ 4.98
Options, Outstanding	20,080
Options Exercisable, Remaining Contractual Life	6 years 2 months 1 day
Stock options
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]
Options, Outstanding	913,220	610,141	538,888	120,000
Options Outstanding, Remaining Contractual Life	5 years 2 months 5 days	5 years 5 months 1 day	6 years 2 months 16 days
Options Exercisable	483,474	298,893	33,335
Options Exercisable, Remaining Contractual Life	4 years 4 months 10 days	5 years 2 months 1 day	5 years 11 months 19 days
Options Exercisable, Weighted Average Exercise Price	$ 2.08	$ 1.87	$ 2.05
Stock options | $1.62 to $1.68 | Minimum
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]
Range of Exercise Prices	1.62
Stock options | $1.62 to $1.68 | Maximum
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]
Range of Exercise Prices	1.68
Stock options | $1.80 to $2.00 | Minimum
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]
Range of Exercise Prices	1.80
Stock options | $1.80 to $2.00 | Maximum
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]
Range of Exercise Prices	2
Stock options | $2.05
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]
Range of Exercise Prices	2.05
Stock options | $2.09
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]
Range of Exercise Prices	2.09
Stock options | $2.75
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]
Range of Exercise Prices	2.75
Stock options | $2.94
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]
Range of Exercise Prices	2.94
Stock options | $3.38
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]
Range of Exercise Prices	$ 3.38

STOCK BASED COMPENSATION PLAN82

STOCK BASED COMPENSATION PLANS - Summary of Unvested Options (Details) - Stock options - $ / shares	12 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2015
Shares
Unvested options, beginning of period	311,248	505,553	120,000
Granted	303,079	199,586	438,888
Vested	(184,581)	(298,891)	(33,335)
Expired		(33,333)
Forfeited		(95,000)	(20,000)
Unvested options, end of period	429,746	311,248	505,553
Weighted Average Grant Date Fair Value
Options outstanding, beginning of period	$ 1.39	$ 1.32	$ 1.49
Granted.	1.80	1.63	1.30
Vested	1.42	1.31	1.49
Forfeited		1.80	1.49
Options outstanding, end of period	$ 1.67	$ 1.39	$ 1.32

STOCK BASED COMPENSATION PLAN83

STOCK BASED COMPENSATION PLANS - Options Outstanding and Exercisable (Details) - Stock options - USD ($)	12 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2014
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number, Options Outstanding	913,220	610,141	538,888	120,000
Number, Exercisable Options	483,474	298,893	33,335
Weighted average exercise price, Options Outstanding	$ 2.82	$ 2.07	$ 1.86
Weighted average exercise price, Exercisable Options	$ 2.08	$ 1.87	$ 2.05
Aggregate intrinsic value, Options Outstanding	$ 2,173,464	$ 1,341,828	$ 452,666
Aggregate intrinsic value, Exercisable Options	$ 1,508,439	$ 717,343	$ 21,668
Weighted average contractual term, Options Outstanding	5 years 2 months 5 days	5 years 5 months 1 day	6 years 2 months 16 days
Weighted average contractual term, Exercisable Options	4 years 4 months 10 days	5 years 2 months 1 day	5 years 11 months 19 days
Share price of option outstanding and exercisable as of June 30	$ 5.20	$ 4.27	$ 2.70

STOCK BASED COMPENSATION PLAN84

STOCK BASED COMPENSATION PLANS - Company Nonvested Common Shares (Details) - $ / shares	12 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2015
Shares
Nonvested at June 30	128,498	18,604	43,811
Granted	135,585	131,558	155,927
Vested	(141,527)	(21,664)	(181,134)
Nonvested at June 30	122,556	128,498	18,604
Weighted-Average Grant-Date Fair Value
Nonvested at June 30	$ 2.97	$ 1.88	$ 1.59
Granted	4.25	3.04	2
Vested	3.33	2.70	1.89
Nonvested at June 30	$ 3.96	$ 2.97	$ 1.88

STOCK BASED COMPENSATION PLAN85

STOCK BASED COMPENSATION PLANS - Additional Information (Details) - Stock options - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2015
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock based compensation	$ 264	$ 338	$ 370
Unrecognized compensation related to stock option grants	$ 450	$ 167	$ 297

PREFERRED STOCK - Preferred Sto

PREFERRED STOCK - Preferred Stock Liquidation Preference (Details) - Series A Convertible Preferred Stock - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2017	Jun. 30, 2016
Class Of Stock [Line Items]
Shares outstanding at $10.00 per share	$ 4,451	$ 4,451
Cumulative unpaid dividends	14,324	13,657
Preferred Stock liquidation preference	$ 18,775	$ 18,108

PREFERRED STOCK - Additional In

PREFERRED STOCK - Additional Information (Details)	12 Months Ended
	Jun. 30, 2017$ / shares
Class of Stock [Line Items]
Series A preferred stock, redemption price per share (in dollars per share)	$ 0
Series A Convertible Preferred Stock
Class of Stock [Line Items]
Preferred stock voting rights	0.194
Series A preferred stock annual cumulative dividend price per share (in dollars per share)	$ 1.50
Series A preferred stock, redemption price per share (in dollars per share)	11
Liquidation price to be received by series A preferred stock holder for each outstanding share plus all cumulative unpaid dividends (in dollars per share)	$ 10
Series A Convertible Preferred Stock | Common Stock
Class of Stock [Line Items]
Preferred stock voting rights	0.194
Cumulative unpaid dividends converted into common shares, Convertible price per common share (in dollars per share)	$ 1,000

RETIREMENT PLAN (Details)

RETIREMENT PLAN (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2015
Compensation and Retirement Disclosure [Abstract]
Service period	6 months
Maximum percent of voluntary contribution	100.00%
Description of safe harbor matching contributions plan	Company elected and made a safe harbor matching contributions of 100% of the participant's first 3% and 50% of the next 2% of compensation deferred into the Retirement Plan
Percentage of safe harbor matching contributions for first 3% employee compensation	100.00%	100.00%	100.00%
Percentage of employee compensation eligible for 100% safe harbor matching contributions	3.00%	3.00%	3.00%
Percentage of safe harbor matching contributions for next 2% employee compensation	50.00%	50.00%	50.00%
Percentage of employee compensation eligible for 50% of next safe harbor matching contributions	2.00%	2.00%	2.00%
Company's safe harbor contribution	$ 214	$ 189	$ 192

COMMITMENTS AND CONTINGENCIES -

COMMITMENTS AND CONTINGENCIES - Summary of Sale of Rental Equipment (Details) $ in Thousands	12 Months Ended
	Jun. 30, 2015USD ($)
Commitments and Contingencies Disclosure [Abstract]
Rental equipment sold, cost	$ 3,873
Rental equipment sold, accumulated depreciation upon sale	(331)
Rental equipment sold, net book value	3,542
Proceeds from sale	4,994
Gain on sale of rental equipment	$ 1,452

COMMITMENTS AND CONTINGENCIES90

COMMITMENTS AND CONTINGENCIES - Summary of Recognized Gains (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2017	Jun. 30, 2016
Commitments And Contingencies Disclosure [Roll Forward]
Beginning balance	$ 900	$ 1,760
Recognition of deferred gain	(561)	(860)
Ending balance	339	900
Less current portion	239	860
Non-current portion of deferred gain	$ 100	$ 40

COMMITMENTS AND CONTINGENCIES91

COMMITMENTS AND CONTINGENCIES - Future Minimum Lease Payments (Details) $ in Thousands	Jun. 30, 2017USD ($)
Total Operating Leases
2018 - Operating Leases	$ 628
2019 - Operating Leases	621
2020 - Operating Leases	523
2021 - Operating Leases	465
2022 - Operating Leases	474
Thereafter - Operating Leases	685
Total minimum lease payments - Operating Leases	3,396
Capital Leases
2018 - Capital Leases	2,996
2019 - Capital Leases	217
2020 - Capital Leases	21
2021 - Capital Leases	19
2022 - Capital Leases	10
Total minimum lease payments - Capital Leases	3,263
Less amount representing interest	198
Present value of net minimum lease payments	3,065
Less current obligations under capital leases	2,819
Obligations under capital leases, less current portion	$ 246

COMMITMENTS AND CONTINGENCIES92

COMMITMENTS AND CONTINGENCIES - Sales And Lease Back Transaction - Additional Information (Details) $ in Millions	3 Months Ended	12 Months Ended
	Jun. 30, 2014agreement	Jun. 30, 2017USD ($)	Jun. 30, 2016USD ($)	Jun. 30, 2015USD ($)
Sales Leaseback Agreement [Member]
Commitment And Contingency [Line Items]
Rent expense | $		$ 1.5	$ 2.6	$ 2.5
Third-party finance company
Commitment And Contingency [Line Items]
Number of sale leaseback agreements | agreement	6
Agreement lease term		P36M

COMMITMENTS AND CONTINGENCIES93

COMMITMENTS AND CONTINGENCIES - Other Leases - Additional Information (Details) $ in Thousands	Dec. 01, 2016USD ($)ft²	Oct. 17, 2016ft²	Aug. 07, 2016USD ($)ft²	Jun. 30, 2016USD ($)ft²	Jun. 30, 2017USD ($)	Jun. 30, 2016USD ($)ft²	Jun. 30, 2015USD ($)
Area of new premises (in square feet) | ft²		5,362
Monthly base rent | $					$ 729	$ 479	$ 354
Third Amendment to Office Space Lease [Member]
Area of current premises (in square feet) | ft²	17,249
Area of new premises (in square feet) | ft²	17,689
Lease term (in years)	7 years
Monthly base rent | $	$ 38
Lease renewal term (in years)	5 years
Fourth Amendment to Office Space Lease [Member]
Area of current premises (in square feet) | ft²				1,097		1,097
Monthly base rent | $				$ 1,120
Fifth Amendment to Office Space Lease [Member]
Area of new premises (in square feet) | ft²			23,138
Monthly base rent | $			$ 47
Maximum monthly base rent | $			$ 53

COMMITMENTS AND CONTINGENCIES94

COMMITMENTS AND CONTINGENCIES - Additional Information (Details) - USD ($) $ in Thousands	1 Months Ended	12 Months Ended
	Mar. 31, 2016	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2015
Commitment And Contingency [Line Items]
Monthly base rent		$ 729	$ 479	$ 354
Vendscreen, Inc
Commitment And Contingency [Line Items]
Monthly rental payments		$ 11
Malvern Product Warehousing Facilities | Product warehousing shipping and customer support
Commitment And Contingency [Line Items]
Operating leases, rent expense, minimum rentals	$ 5
Straight-lined rent expense	$ 5

UNAUDITED QUARTERLY DATA (Detai

UNAUDITED QUARTERLY DATA (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended								12 Months Ended
	Jun. 30, 2017	Mar. 31, 2017	Dec. 31, 2016	Sep. 30, 2016	Jun. 30, 2016	Mar. 31, 2016	Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2015
Quarterly Financial Data [Abstract]
Revenues	$ 34,289	$ 26,460	$ 21,756	$ 21,588	$ 21,944	$ 20,361	$ 18,503	$ 16,600	$ 104,093	$ 77,408	$ 58,077
Gross profit	7,520	6,625	6,334	6,167	5,783	5,672	5,483	5,047	26,646	21,985	16,823
Operating income (loss)	432	419	234	(950)	(1,578)	(595)	594	112	135	(1,467)	(240)
Net (loss) income	243	136	233	(2,464)	(872)	(5,420)	(874)	360	(1,852)	(6,806)	(1,089)
Cumulative preferred dividends		(334)		(334)		(334)		(334)	(668)	(668)	(668)
Net (loss) income applicable to common shares	$ 243	$ (198)	$ 233	$ (2,798)	$ (872)	$ (5,754)	$ (874)	$ 26	$ (2,520)	$ (7,474)	$ (1,757)
Net (loss) earnings per common share
Net (loss) earnings per common share - basic	$ 0.01	$ 0	$ 0.01	$ (0.07)	$ (0.02)	$ (0.16)	$ (0.02)	$ 0	$ (0.06)	$ (0.21)	$ (0.05)
Net (loss) earnings per common share - diluted	$ 0.01	$ 0	$ 0.01	$ (0.07)	$ (0.02)	$ (0.16)	$ (0.02)	$ 0	$ (0.06)	$ (0.21)	$ (0.05)
Weighted average number of common shares outstanding:
Weighted average number of common shares outstanding - basic	40,331,993	40,327,697	40,308,934	38,488,005	37,325,681	36,161,626	35,909,933	35,848,395	39,860,335	36,309,047	35,719,211
Weighted average number of common shares outstanding - diluted	40,772,482	40,327,697	40,730,712	38,488,005	37,325,681	36,161,626	35,909,933	36,487,879	39,860,335	36,309,047	35,719,211

SUBSEQUENT EVENTS (Details)

SUBSEQUENT EVENTS (Details) - Subsequent Event - Underwriting $ / shares in Units, $ in Millions	Jul. 25, 2017USD ($)$ / sharesshares
Subsequent Event [Line Items]
Underwritten public offering	9,583,332
Public offering price | $ / shares	$ 4.50
Option to purchase additional shares	1,249,999
Gross proceeds | $	$ 43.1

VALUATION AND QUALIFYING ACCO97

VALUATION AND QUALIFYING ACCOUNTS (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2016	Jun. 30, 2015
ACCOUNTS RECEIVABLE
Movement in Valuation Allowances and Reserves [Roll Forward]
Balance at beginning of period	$ 2,814	$ 1,309
Additions charged to earnings	856	1,576
Deductions uncollectible receivables written off, net of recoveries	521	71
Balance at end of period	3,149	2,814
INVENTORY
Movement in Valuation Allowances and Reserves [Roll Forward]
Balance at beginning of period	1,297	944
Additions charged to earnings	799	943
Deductions uncollectible receivables written off, net of recoveries	139	590
Balance at end of period	$ 1,957	$ 1,297