INCOME TAXES (Tables)

12 Months Ended

Jun. 30, 2020

Income Tax Disclosure [Abstract]

Income before provision for income taxes

	For the Year Ended June 30,
	2020			2019
United States		(662	)		(308	)
International		1,857			1,717
Total	$	1,195		$	1,409

Components of income tax provision (benefits)

	For the Year Ended June 30,
	2020			2019
Current:
Federal	$	(1	)	$	(337	)
State		2			2
Foreign		212			289
	$	213		$	(46	)
Deferred:
Federal	$	-		$	-
State		-			-
Foreign		(225	)		4
		(225	)		4
Total provisions	$	(12	)	$	(42	)

Reconciliation of income tax rate

	For the Year Ended June 30,
	2020			2019
Statutory federal tax rate		21.00	%		21.00	%
State taxes, net of federal benefit		(0.50	)		(0.22	)
Permanent items and credits		13.95			11.23
Foreign rate differential		(33.86	)		(4.76	)
Other		2.14			4.71
Changes in valuation allowance		(3.73	)		(11.11	)
Tax reform related to one-time repatriation tax		-			(23.83	)
Effective rate		(1.00	)%		(2.98	)%

Deferred income tax assets (liabilities)

	For the Year Ended June 30,
Deferred tax assets:	2020		2019
Net operating losses and credits	$	487	$	363
Inventory valuation		121		64
Provision for bad debts		785		296
Accrued vacation		37		94
Accrued expenses		188		325
Fixed asset basis		1		23
Investment in subsidiaries		277		-
Unrealized gain		24		55
Other		51		73
Total deferred tax assets	$	1,971	$	1,293

Deferred tax liabilities:
Depreciation		(359	)		(390	)
Others		(76	)		(78	)
Total deferred income tax liabilities	$	(435	)	$	(468	)
Subtotal		1,536			825
Valuation allowance		(1,289	)		(762	)
Net deferred tax assets	$	247		$	63
Presented as follows in the balance sheets:
Deferred tax assets		247			390
Deferred tax liabilities		-			(327	)
Net deferred tax assets	$	247		$	63