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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Cash Flow from Operating Activities    
Net income $ 1,204 $ 1,448
Adjustments to reconcile net income to net cash flow provided by operating activities    
Gain on sale of assets held for sale (1,172) (685)
Depreciation and amortization 3,100 2,450
Impairment loss on long-lived assets 139 0
Stock compensation expenses 58 56
Provision for obsolete inventory 18 (25)
Reversal of income tax provision 0 (299)
Payment of interest portion of finance leases (61) 0
Bad debt recovery 59 10
Accrued interest expense, net accrued interest income (69) (9)
Gain on sale of property, plant and equipment - continued operations (24) 1
Warranty recovery, net (26) (43)
Fixed assets written off 0 (33)
Deferred tax benefit 63 5
Changes in operating assets and liabilities    
Trade accounts receivables 1,110 630
Other receivables (181) 64
Other assets 100 432
Inventories 430 539
Prepaid expenses and other current assets (54) (79)
Accounts payable and accrued expenses (968) (68)
Income tax payable 12 60
Payment of operating leases (727) 0
Net Cash Provided by Operating Activities 3,011 4,454
Cash Flow from Investing Activities    
Proceeds from sale of assets held for sale 1,167 943
Proceeds from disposal of property, plant and equipment 39 3
Investments in restricted and un-restricted deposits (2,665) (3,445)
Additions to property, plant and equipment (1,017) (2,841)
Investments in short-term investment (141) 0
Net Cash used in Investing Activities (2,617) (5,340)
Cash Flow from Financing Activities    
Payment on lines of credit (2,437) (10,137)
Payment of bank loans (486) (440)
Payment of principal portion of finance leases (344) (247)
Dividends paid on non-controlling interest (235) (125)
Proceeds from exercising stock options 0 401
Proceeds from lines of credit 2,370 8,270
Proceeds from bank loans 0 1,475
Proceeds from finance leases 279 213
Proceeds from PPP loan 121 0
Net Cash Used in Financing Activities (732) (590)
Effect of Changes in Exchange Rate (421) (189)
Net (Decrease) / Increase in Cash, Cash Equivalents, and Restricted Cash (759) (1,665)
Cash, Cash Equivalents, and Restricted Cash at Beginning of Period 6,569 8,234
Cash, Cash Equivalents, and Restricted Cash at End of Period 5,810 6,569
Supplementary Information of Cash Flows    
Cash paid during the period for Interest 229 284
Cash paid during the period for Income taxes 126 106
Non-Cash Transactions    
Finance lease of property, plant and equipment 279 214
Reconciliation of Cash, cash equivalents, and restricted cash    
Cash 4,150 4,863
Short-term deposits 6,697 4,144
Restricted Term-Deposits 1,660 1,706
Cash, Cash Equivalents, and Restricted Cash at End of Period $ 5,810 $ 6,569