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 $)
 9 Months Ended
Mar. 31, 2015
Mar. 31, 2014
Cash flows from operating activities:    
Net loss $ (1,447,000)us-gaap_NetIncomeLoss $ (3,407,000)us-gaap_NetIncomeLoss
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation 26,000us-gaap_Depreciation 45,000us-gaap_Depreciation
Amortization of prepaid advisory fees 35,000us-gaap_AdjustmentForAmortization 1,252,000us-gaap_AdjustmentForAmortization
Change in fair value of warrant liability (498,000)flux_ChangeInFairValueOfWarrantLiabilities 567,000flux_ChangeInFairValueOfWarrantLiabilities
Stock-based compensation 174,000us-gaap_ShareBasedCompensation 194,000us-gaap_ShareBasedCompensation
Stock issuance for services 21,000us-gaap_IssuanceOfStockAndWarrantsForServicesOrClaims 125,000us-gaap_IssuanceOfStockAndWarrantsForServicesOrClaims
Gain on sale of property and equipment (4,000)us-gaap_GainLossOnSaleOfPropertyPlantEquipment 0us-gaap_GainLossOnSaleOfPropertyPlantEquipment
Amortization of debt discount 38,000us-gaap_AmortizationOfDebtDiscountPremium 0us-gaap_AmortizationOfDebtDiscountPremium
Changes in operating assets and liabilities:    
Accounts receivable (11,000)us-gaap_IncreaseDecreaseInAccountsReceivable (44,000)us-gaap_IncreaseDecreaseInAccountsReceivable
Inventories (81,000)us-gaap_IncreaseDecreaseInInventories (39,000)us-gaap_IncreaseDecreaseInInventories
Other current assets (73,000)us-gaap_IncreaseDecreaseInOtherCurrentAssets (39,000)us-gaap_IncreaseDecreaseInOtherCurrentAssets
Accounts payable 79,000us-gaap_IncreaseDecreaseInAccountsPayable (105,000)us-gaap_IncreaseDecreaseInAccountsPayable
Accrued expenses 42,000us-gaap_IncreaseDecreaseInAccruedLiabilities 3,000us-gaap_IncreaseDecreaseInAccruedLiabilities
Accrued interest 16,000flux_IncreaseDecreaseInAccruedInterest 142,000flux_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 (1,683,000)us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations (1,291,000)us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
Cash flows from investing activities:    
Purchases of equipment (14,000)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment 0us-gaap_PaymentsToAcquirePropertyPlantAndEquipment
Proceeds from the sale of equipment 9,000us-gaap_ProceedsFromSaleOfMachineryAndEquipment 0us-gaap_ProceedsFromSaleOfMachineryAndEquipment
Net cash used by investing activities (5,000)us-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 1,276,000us-gaap_ProceedsFromIssuanceOfPrivatePlacement
Proceeds from note payable - related party and line of credit 1,140,000us-gaap_ProceedsFromRelatedPartyDebt 668,000us-gaap_ProceedsFromRelatedPartyDebt
Net cash provided by financing activities 1,641,000us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations 1,944,000us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
Net (decrease) increase in cash (47,000)us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease 653,000us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease
Cash, beginning of period 116,000us-gaap_CashAndCashEquivalentsAtCarryingValue 20,000us-gaap_CashAndCashEquivalentsAtCarryingValue
Cash, end of period 69,000us-gaap_CashAndCashEquivalentsAtCarryingValue 673,000us-gaap_CashAndCashEquivalentsAtCarryingValue
Supplemental Disclosures of Non-cash Investing and Financing Activities:    
Conversion of debt to equity 0us-gaap_ConversionOfStockAmountIssued1 550,000us-gaap_ConversionOfStockAmountIssued1
Issuance of warrants recorded as deferred financing costs 5,000us-gaap_DebtConversionConvertedInstrumentWarrantsOrOptionsIssued1 0us-gaap_DebtConversionConvertedInstrumentWarrantsOrOptionsIssued1
Debt discount related to warrants and beneficial conversion feature $ 165,000flux_DebtDiscountRelatedToWarrantsAndBeneficialConversionFeature $ 0flux_DebtDiscountRelatedToWarrantsAndBeneficialConversionFeature