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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Mar. 31, 2026
Mar. 31, 2025
Sales, net $ 10,107 $ 13,947 $ 34,076 $ 40,178
Cost of sales 10,383 12,396 33,304 36,085
Gross (loss) profit (276) 1,551 772 4,093
Selling and administrative expenses 809 812 2,608 2,662
Operating (loss) income (1,085) 739 (1,836) 1,431
Other income, net        
Interest income, net 39 5 112 30
Other income, net 11 34 11 6
Other income, net 50 39 123 36
(Loss) income before income taxes (1,035) 778 (1,713) 1,467
Income tax (benefit) expense, net (198) 167 (237) 481
Net (loss) income $ (837) $ 611 $ (1,476) $ 986
Basic net (loss) income per common share (in dollars per share) $ (0.03) $ 0.02 $ (0.05) $ 0.03
Diluted net (loss) income per common share (in dollars per share) $ (0.03) $ 0.02 $ (0.05) $ 0.03
Weighted average common shares outstanding - basic (in shares) 31,059,610 30,300,720 31,059,610 30,190,869
Add: Equivalent shares outstanding - Stock Options (in shares) 0 1,213,871 0 770,047
Weighted average common shares outstanding - diluted (in shares) 31,059,610 31,514,591 31,059,610 30,960,916