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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Mar. 31, 2020
Mar. 31, 2019
OPERATING ACTIVITIES:    
Net income $ 64 $ 164
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 117 124
Stock based compensation expense 15 12
Deferred rent payable (36)
Provision for (recovery of) bad debt (2) (1)
Amortization of operating lease asset 209
Changes in operating assets and liabilities:    
Accounts receivable 88 (74)
Inventories (234) (189)
Prepaid expenses and other assets (31) 84
Accounts payable 191 143
Accrued compensation (85) (102)
Accrued expenses and interest (49) (53)
Operating lease liability (254)
Net cash provided by operating activities 29 77
INVESTING ACTIVITIES:    
Investment in equipment and leasehold improvements (35) (12)
Net cash used in investing activities (35) (12)
FINANCING ACTIVITIES:    
Repayment of term note-shareholder (49) (137)
Repayment of unsecured note payable (662) (998)
Proceeds from unsecured note payable 600 850
Net cash provided by line of credit (1) 306
Borrowings of credit card advance 450 635
Repayment of credit card advance (442) (642)
Proceeds from secured notes payable 233
Repayments of secured notes payable (348)
Repayment of unsecured line of credit 25 (5)
Repayment of unsecured note payable (100) (83)
Payments on equipment notes (8) (21)
Principal payments on capital leases (302) (95)
Net cash used in financing activities (308) (30)
Net decrease in cash and cash equivalents 649 431
Cash and cash equivalents at beginning of period 649 431
CASH AND CASH EQUIVALENTS AT END OF PERIOD 341 401
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:    
Purchases of equipment with equipment notes 55
Operating lease asset obtained in exchange for operating lease liability 448
Cash paid during the period for: Interest 461 419
Cash paid during the period for: Income taxes