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LEASES (Tables)
9 Months Ended
Mar. 31, 2020
Disclosure Text Block Supplement [Abstract]  
Lease, Cost [Table Text Block]
The components of lease expense included in general and administrative expense on the Consolidated Statements of Operations and qualitative information concerning the company’s operating leases were as follows:


   

Nine Months Ended

   

Three Months Ended

 
   

March 31,

   

March 31,

 

(dollars in thousands)

 

2020

   

2020

 

Operating lease cost

  $ 39     $ 13  

Short-term lease cost

    76       26  

Total lease cost

  $ 115     $ 39  
                 

Cash paid for amounts included in measurement of lease liabilities:

               

Operating cash flows from operating leases

  $ 39     $ 13  
                 

Right-of-use assets obtained in exchanged for:

               

Net operating lease liabilities

  $ 141     $ -  
                 

Weighted-average remaining lease term (in years)

    2.08          

Weighted-average discount rate

    4.11 %        
Schedule of Future Minimum Rental Payments for Operating Leases [Table Text Block]
Maturities of lease liabilities from continuing operations as of March 31, 2020, are as follows:


(dollars in thousands)

       

Fiscal Year

 

Operating Leases

 

2020 (excluding the nine months ended March 31, 2020)

  $ 13  

2021

    53  

2022

    44  

Total lease payments

    110  

Less imputed interest

    (5 )

Total

  $ 105  
Lessor, Operating Lease, Payments to be Received, Maturity [Table Text Block]
A summary analysis of annual undiscounted cash flows to be received on leases as of March 31, 2020, is as follows:


(dollars in thousands)

       

Fiscal Year

 

Operating Leases

 

2020 (excluding the nine months ended March 31, 2020)

  $ 24  

2021

    97  

2022

    81  

2023

    34  

Total lease payments

  $ 236