SUBSEQUENT EVENTS

12 Months Ended

Jun. 30, 2022

SUBSEQUENT EVENTS [Abstract]

SUBSEQUENT EVENTS

16. SUBSEQUENT EVENTS

On July 28, 2022, the Company renewed its cash collateralized $5.00 million line of credit facility with JPMorgan Chase Bank, N.A. See Note 11, “Debt”, for a more detailed description of the Company’s credit facility.

Subsequent to June 30, 2022, and through August 26, 2022, the Company repurchased 273,257 shares of the Company’s common stock for an aggregate price of $356,120 pursuant to its share repurchase authorization as discussed in Note 12, “Shareholders’ Equity and Stock-Based Compensation”.