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Note 16 - Government Grants
3 Months Ended
Sep. 30, 2024
Notes to Financial Statements  
Government Assistance [Text Block]

16.

GOVERNMENT GRANTS

 

  

Three Months Ended

 
  

Sept. 30,

  

Sept. 30,

 
  

2024

  

2023

 
  

(Unaudited)

  

(Unaudited)

 

Government grant

 $66  $73 

 

In the three months ended September 30, 2024, the Company received government grants amounting to $66, $62 of which was an incentive from the Singapore government for local resident recruitment, and $4 related to capital expenditure subsidy received from the China government.

 

During the same period in Fiscal 2024, the Company received government grants amounting to $73, $16 of which was financial assistance received from the Singapore government, and the remaining $57 from the US government related to Employee Retention Credit (“ERC”).