LEASES (Tables)

9 Months Ended

Mar. 31, 2021

Disclosure Text Block Supplement [Abstract]

Lease, Cost [Table Text Block]

For continuing operations, 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 Ending						Three Months Ending
	March 31,						March 31,
(dollars in thousands)	2021			2020			2021		2020
Operating lease cost	$	40		$	39		$	13	$	13
Short-term lease cost		76			76			26		26
Total lease cost	$	116		$	115		$	39	$	39
Cash paid for amounts included in measurement of lease liabilities:
Operating cash flows from operating leases	$	40		$	39			13	$	13
Right-of-use assets obtained in exchanged for:
Net operating lease liabilities	$	-		$	141			-		-
Weighted-average remaining lease term (in years)		1.08			2.08
Weighted-average discount rate		4.11	%		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, 2021, are as follows:

(dollars in thousands)
Fiscal Year	Operating Leases
2021 (excluding the nine months ended March 31, 2021)	$	13
2022		44
Total lease payments		57
Less imputed interest		(1	)
Total	$	56

Lessor, Operating Lease, Payment to be Received, Fiscal Year Maturity [Table Text Block]

A summary analysis of annual undiscounted cash flows to be received on leases as of March 31, 2021, is as follows:

(dollars in thousands)
Fiscal Year	Operating Leases
2021 (excluding the nine months ended March 31, 2021)	$	24
2022		81
2023		34
Total lease payments	$	139