XML 17 R12.htm IDEA: XBRL DOCUMENT v3.20.2
Note 6 - Interest Expense
12 Months Ended
Jun. 30, 2020
Notes to Financial Statements  
Interest Expense [Text Block]
Note
6
. Interest Expense
 
The components of interest expense for the fiscal years ended
June 30, 2020
and
2019
are presented below:
 
   
For the Fiscal Year Ended June 30,
 
   
2020
   
2019
 
                 
Interest on Senior Debt
  $
336
    $
387
 
Interest on CD Convertible Note and Liquidity Note - CD Financial
   
-
     
115
 
Amortization of prepaid financing costs
   
22
     
55
 
Accretion of discount on Convertible Note - CD Financial
   
-
     
3
 
Other related parties
   
-
     
24
 
Interest on financed lease obligations
   
13
     
19
 
Interest on PNC Equipment Finance LLC Term Note
   
-
     
3
 
Other interest expense
   
26
     
24
 
Interest Expense
  $
397
    $
630
 
 
 
The weighted average interest rate paid was
4.71%
and
5.35%
in the fiscal years ended
June 30, 2020 
and
2019,
respectively. As of
June 30, 2020
and
2019,
the Company had accrued unpaid interest of approximately
$19
and
$13,
respectively.