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LEASES (Tables)
12 Months Ended
Jun. 30, 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 for the years ended June 30, 2021, and June 30, 2020, and qualitative information concerning the Company’s operating leases were as follows:

 

   

Year Ended

   

Year Ended

 
   

June 30,

   

June 30,

 

(dollars in thousands)

 

2021

   

2020

 

Operating lease cost

  $ 53     $ 53  

Short-term lease cost

    102       100  

Total lease cost

  $ 155     $ 153  
                 

Cash paid for amounts included in measurement of lease liabilities:

               

Operating cash flows from operating leases

  $ 53     $ 53  
                 

Right-of-use assets obtained in exchanged for:

               

Net operating lease liabilities

  $ -     $ 141  
                 

Weighted-average remaining lease term (in years)

    0.83       1.83  

Weighted-average discount rate

    4.11 %     4.11 %

 

Lessee, Operating Lease, Liability, Maturity [Table Text Block]

Maturities of lease liabilities from continuing operations as of June 30, 2021, are as follows:

 

(dollars in thousands)

       

Fiscal Year

 

Operating Leases

 

2022

  $ 44  

Total lease payments

    44  

Less imputed interest

    (1 )

Total

  $ 43  

 

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 June 30, 2021, is as follows:

 

(dollars in thousands)

       

Fiscal Year

 

Operating Leases

 

2022

  $ 81  

2023

    34  

Total lease payments

  $ 115