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DISCONTINUED OPERATIONS (Tables)
12 Months Ended
Jun. 30, 2024
Discontinued Operations and Disposal Groups [Abstract]  
Summary of Operating Results for Discontinued Operations

The following table summarizes the results of discontinued operations for the following periods:

 

Fiscal Year Ended

 

 

June 30,

 

 

June 30,

 

 

June 30,

 

 

2024

 

 

2023

 

 

2022

 

NET SALES

$

81

 

 

$

7,766

 

 

$

66,253

 

COST OF SALES

 

231

 

 

 

10,253

 

 

 

72,081

 

GROSS LOSS

 

(150

)

 

 

(2,487

)

 

 

(5,828

)

OPERATING EXPENSES:

 

 

 

 

 

 

 

 

Selling, general and administrative

 

1,229

 

 

 

2,859

 

 

 

6,645

 

Amortization of other intangible assets

 

 

 

 

 

 

 

2,032

 

Impairments

 

 

 

 

 

 

 

23,833

 

Total operating expenses

 

1,229

 

 

 

2,859

 

 

 

32,510

 

OPERATING LOSS

 

(1,379

)

 

 

(5,346

)

 

 

(38,338

)

Gain (loss) on sale of discontinued operations

 

187

 

 

 

(22,487

)

 

 

 

LOSS BEFORE INCOME TAX BENEFIT

 

(1,192

)

 

 

(27,833

)

 

 

(38,338

)

INCOME TAX BENEFIT

 

270

 

 

 

6,318

 

 

 

8,607

 

LOSS FROM DISCONTINUED OPERATIONS, NET OF TAX

$

(922

)

 

$

(21,515

)

 

$

(29,731

)