Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS

v2.4.1.9
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
 6 Months Ended
Dec. 31, 2014
Dec. 31, 2013
Cash flows from operating activities:    
Net loss $ (815,000)us-gaap_NetIncomeLoss $ (1,662,000)us-gaap_NetIncomeLoss
Adjustments to reconcile net (loss) income to net cash used in operating activities:    
Depreciation 18,000us-gaap_Depreciation 33,000us-gaap_Depreciation
Amortization of prepaid advisory fees 33,000us-gaap_AdjustmentForAmortization 825,000us-gaap_AdjustmentForAmortization
Change in fair value of warrant liability (438,000)flux_ChangeInFairValueOfWarrantLiabilities (83,000)flux_ChangeInFairValueOfWarrantLiabilities
Stock-based compensation 113,000us-gaap_ShareBasedCompensation 60,000us-gaap_ShareBasedCompensation
Stock issuance for services 11,000us-gaap_StockIssuedDuringPeriodValueIssuedForServices 53,000us-gaap_StockIssuedDuringPeriodValueIssuedForServices
Gain on sale of property and equipment (4,000)us-gaap_GainLossOnSaleOfPropertyPlantEquipment 0us-gaap_GainLossOnSaleOfPropertyPlantEquipment
Amortization of line of credit discount 18,000us-gaap_AmortizationOfDebtDiscountPremium 0us-gaap_AmortizationOfDebtDiscountPremium
Changes in operating assets and liabilities:    
Accounts receivable (17,000)us-gaap_IncreaseDecreaseInAccountsReceivable 7,000us-gaap_IncreaseDecreaseInAccountsReceivable
Inventories (45,000)us-gaap_IncreaseDecreaseInInventories 13,000us-gaap_IncreaseDecreaseInInventories
Other current assets (61,000)us-gaap_IncreaseDecreaseInOtherCurrentAssets 17,000us-gaap_IncreaseDecreaseInOtherCurrentAssets
Accounts payable 198,000us-gaap_IncreaseDecreaseInAccountsPayable (8,000)us-gaap_IncreaseDecreaseInAccountsPayable
Accrued expenses 18,000us-gaap_IncreaseDecreaseInAccruedLiabilities (55,000)us-gaap_IncreaseDecreaseInAccruedLiabilities
Accrued interest 5,000flux_IncreaseDecreaseInAccruedInterest 101,000flux_IncreaseDecreaseInAccruedInterest
Customer deposits 0us-gaap_IncreaseDecreaseInCustomerDeposits 17,000us-gaap_IncreaseDecreaseInCustomerDeposits
Customer deposits from related party 0flux_IncreaseDecreaseInRelatedPartyDepositLiabilities (2,000)flux_IncreaseDecreaseInRelatedPartyDepositLiabilities
Net cash used in operating activities (966,000)us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations (684,000)us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
Cash flows from investing activities:    
Purchases of equipment (6,000)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment 0us-gaap_PaymentsToAcquirePropertyPlantAndEquipment
Proceeds from the sale of equipment 9,000us-gaap_ProceedsFromSaleOfMachineryAndEquipment 0us-gaap_ProceedsFromSaleOfMachineryAndEquipment
Net cash provided by investing activities 3,000us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations 0us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
Cash flows from financing activities:    
Proceeds from the sale of common stock and warrants, net of offering costs paid 501,000us-gaap_ProceedsFromIssuanceOfPrivatePlacement 0us-gaap_ProceedsFromIssuanceOfPrivatePlacement
Proceeds from note payable - related party 365,000us-gaap_ProceedsFromRelatedPartyDebt 668,000us-gaap_ProceedsFromRelatedPartyDebt
Net cash provided by financing activities 866,000us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations 668,000us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
Net decrease in cash (97,000)us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease (16,000)us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease
Cash, beginning of period 116,000us-gaap_CashAndCashEquivalentsAtCarryingValue 20,000us-gaap_CashAndCashEquivalentsAtCarryingValue
Cash, end of period 19,000us-gaap_CashAndCashEquivalentsAtCarryingValue 4,000us-gaap_CashAndCashEquivalentsAtCarryingValue
Supplemental Disclosures of Non-cash Investing and Financing Activities::    
Issuance of warrants recorded as deferred financing costs 4,000us-gaap_DebtConversionConvertedInstrumentWarrantsOrOptionsIssued1 0us-gaap_DebtConversionConvertedInstrumentWarrantsOrOptionsIssued1
Debt discount related to warrants and beneficial conversion feature $ 152,000flux_DebtDiscountRelatedToWarrantsAndBeneficialConversionFeature $ 0flux_DebtDiscountRelatedToWarrantsAndBeneficialConversionFeature