Note 12 - Bank Loans Payable

6 Months Ended

Dec. 31, 2024

Notes to Financial Statements

Debt Disclosure [Text Block]

12. BANK LOANS PAYABLE

Bank loans payable consisted of the following:

	Dec. 31,		June 30,
	2024		2024
	(Unaudited)
Note payable denominated in the Malaysian Ringgit for expansion plans in Malaysia, maturing in July 2028, bearing interest at the bank’s prime rate less 2.00% (4.85% for both December 31, 2024 and June 30, 2024) per annum, with monthly payments of principal plus interest through July 2028, collateralized by the acquired building with a carrying value of $2,237 and $2,208, as at December 31, 2024 and June 30, 2024, respectively.	$	551	$	596
Financing arrangement at fixed interest rate 3.2% per annum, with monthly payments of principal plus interest through July 2025.		26		44
Financing arrangement at fixed interest rate 3.0% per annum, with monthly payments of principal plus interest through December 2026.		106		124
Financing arrangement at fixed interest rate 3.0% per annum, with monthly payments of principal plus interest through August 2027.		99		110
Total bank loans payable	$	782	$	874
Current portion of bank loans payable		245		235
Currency translation effect on current portion of bank loans		13		26
Current portion of bank loans payable		258		261
Long-term portion of bank loans payable		491		591
Currency translation effect on long-term portion of bank loans		33		22
Long-term portion of bank loans payable	$	524	$	613

Future minimum payments (excluding interest) as at December 31, 2024, were as follows:

Remainder of Fiscal 2025	$	137
2026		242
2027		222
Thereafter		181
Total obligations and commitments	$	782

Future minimum payments (excluding interest) as at June 30, 2024, were as follows:

2025	$	260
2026		230
2027		212
Thereafter		172
Total obligations and commitments	$	874