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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (IN THOUSANDS) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended 12 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Mar. 31, 2018
Mar. 31, 2017
Jun. 30, 2017
Cash Flow from Operating Activities          
Net income $ (705) $ 380 $ 570 $ 1,089  
Adjustments to reconcile net income to net cash flow provided by operating activities          
Depreciation and amortization     1,594 1,358  
Stock option expenses     40 16  
Issue of restricted shares to consultant     51 39  
Reversal of provision for obsolete inventory     (4) (5)  
Bad debt recovery, net     0 (15) $ 65
Accrued interest expense, net accrued interest income     148 132  
(Gain) / Loss on sale of property, plant and equipment - continued operations     (20) 8  
Write off of property, plant and equipment - continued operations     0 30  
Warranty recovery, net     1 (6)  
Deferred tax provision     33 88  
Changes in operating assets and liabilities, net of acquisition effect          
Trade accounts receivable     392 491  
Other receivables     9 286  
Other assets     (327) (199)  
Inventories     (506) (729)  
Prepaid expenses and other current assets     7 (44)  
Accounts payable and accrued liabilities     250 491  
Income tax payable     884 (17)  
Net Cash Provided by Operating Activities     3,122 3,013  
Cash Flow from Investing Activities          
Proceeds from maturing of unrestricted and restricted term deposits and short-term deposits, net     484 488  
Investments in restricted and unrestricted deposits     (281) (421)  
Additions to property, plant and equipment (543) (703) (2,050) (1,467)  
Proceeds from disposal of plant, property and equipment     42 83  
Net Cash used in Investing Activities     (1,805) (1,317)  
Cash Flow from Financing Activities          
Repayments on lines of credit     (7,397) (6,171)  
Proceeds from bank loans and capital leases     6,570 5,850  
Proceeds from exercising of stock option     51 0  
Dividends paid to non-controlling interest     (125) (177)  
Repayment of long-term bank loans and capital leases     (554) (547)  
Net Cash Used in Financing Activities     (1,455) (1,045)  
Effect of Changes in Exchange Rate     742 (449)  
NET INCREASE IN CASH AND CASH EQUIVALENTS     604 202  
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD     4,772 3,807 3,807
CASH AND CASH EQUIVALENTS, END OF PERIOD $ 5,376 $ 4,009 5,376 4,009 $ 4,772
Supplementary Information of Cash Flows          
Cash paid during the period for Interest     138 132  
Cash paid during the period for Income taxes     225 122  
Non-Cash Transactions          
Capital lease of property, plant and equipment     $ 228 $ 49