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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2024
Dec. 31, 2023
Sales, net $ 12,614 $ 11,509 $ 26,231 $ 24,424
Cost of sales 11,443 10,989 23,689 23,072
Gross profit 1,171 520 2,542 1,352
Selling and administrative expenses 969 972 1,850 1,858
Operating income (loss) 202 (452) 692 (506)
Other income (expense), net        
Interest income, net 11 2 25 10
Other income, net (28) (2) (28) (2)
Other income (expense), net (17) 0 (3) 8
Income (loss) before income taxes 185 (452) 689 (498)
Income tax expense (benefit), net 69 (70) 314 (57)
Net income (loss) $ 116 $ (382) $ 375 $ (441)
Basic net income (loss) per common share (in dollars per share) $ 0 $ (0.01) $ 0.01 $ (0.02)
Diluted net income (loss) per common share (in dollars per share) $ 0 $ (0.01) $ 0.01 $ (0.02)
Weighted average common shares outstanding - basic (in shares) 30,174,664 30,099,610 30,137,137 30,032,762
Add: Equivalent shares outstanding - Stock Options (in shares) 1,128,347 0 673,264 0
Weighted average common shares outstanding - diluted (in shares) 31,303,011 30,099,610 30,810,401 30,032,762