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Note 6 - Interest Expense
12 Months Ended
Jun. 30, 2022
Notes to Financial Statements  
Interest Expense [Text Block]

Note 6. Interest Expense

 

The components of interest expense for the fiscal years ended June 30, 2022 and 2021 are presented below:

 

  

For the Fiscal Year Ended June 30,

 
  

2022

  

2021

 
         

Interest on Senior Debt

 $103  $170 

Amortization of prepaid financing costs

  21   42 

Interest on PPP Note

  -   19 

Interest on financed lease obligations

  -   2 

Other interest expense

  4   23 

Interest Expense

 $128  $256 

 

The weighted average interest rate paid was 3.33% and 2.81% in the fiscal years ended June 30, 2022 and 2021, respectively. As of June 30, 2022 and 2021, the Company had accrued unpaid interest of approximately $3 and $14, respectively.