Note 16 - Government Grants

6 Months Ended

Dec. 31, 2024

Notes to Financial Statements

Government Assistance [Text Block]

16. GOVERNMENT GRANTS

	Three Months Ended				Six Months Ended
	Dec. 31,		Dec. 31,		Dec. 31,		Dec. 31,
	2024		2023		2024		2023
	(Unaudited)		(Unaudited)		(Unaudited)		(Unaudited)
Government grant	$	5	$	4	$	71	$	77

In the three months ended December 31, 2024, the Company received government grants amounting to $5, which was related to capital expenditure subsidy received from the China government. During the same period in 2024, the Company received government grants amounting to $4, related to capital expenditure subsidy received from the China government.

In the six months ended December 31, 2024, the Company received government grants amounting to $71, $62 of which was financial assistance received from the Singapore government for local resident recruitment, and the remaining $9, which was related to capital expenditure subsidy received from the China government. During the same period in Fiscal 2024, the Company received government grants amounting to $77, $16 of which was an incentive from the Singapore government for local resident recruitment, and the remaining $57 from the U.S. government related to Employee Retention Credit (“ERC”).