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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Cash flows provided by operating activities:    
Net income $ 1,547 $ 2,265
Adjustments to reconcile net income to net cash from operating activities:    
Depreciation and amortization 164 170
Amortization of operating lease right-of-use assets 251 241
Stock based compensation 182 94
Change in deferred tax assets (482) 26
Realized gain on sale of investment in iBio Stock 0 (56)
Unrealized loss on investment in iBio Stock 42 73
Other, Net (6) 19
Changes in operating assets and liabilities:    
Accounts receivable, net 309 970
Inventories (1,426) (3,815)
Other current assets (313) (240)
Security deposits and other assets (9) (25)
Accounts payable 835 1,758
Accrued expenses and other liabilities (129) (74)
Operating lease obligations (252) (242)
Net cash provided by operating activities 713 1,164
Cash flows from investing activities:    
Purchase of property and equipment (308) (117)
Proceeds from sale of iBio Stock 0 96
Proceeds from sale of machinery and equipment 21 0
Net cash used in investing activities (287) (21)
Cash flows from financing activities:    
Advances under revolving credit facility 28,574 28,579
Proceeds from exercise of employee stock options 7 7
Repayments of advances under revolving credit facility (27,602) (29,151)
Repayments under term note payables (1,453) (862)
Repayments under finance lease obligations 0 (75)
Net cash used in financing activities (474) (1,502)
Net decrease in cash (48) (359)
Cash at beginning of period 210 402
Cash at end of period 162 43
Interest paid 59 123
Income taxes paid 371 258
Amount owed on purchase of property and equipment $ 2 $ 32