Note 5 - Restricted and Unrestricted Cash

6 Months Ended

Dec. 31, 2023

Notes to Financial Statements

Cash and Cash Equivalents Disclosure [Text Block]

NOTE 5. RESTRICTED AND UNRESTRICTED CASH

The Company maintains its cash deposits with established commercial banks. At times, balances may exceed federally insured limits. We have not experienced any losses in such accounts and do not believe that we are exposed to any significant credit risk associated with our cash deposits. Restricted cash represents cash invested in a money market account as collateral for credit facilities that is not available for general corporate use.

A reconciliation of cash, cash equivalents, and restricted cash reported from the Consolidated Balance Sheets to the Consolidated Statements of Cash Flows is shown below.

(dollars in thousands)	December 31, 2023		June 30, 2023
Cash and cash equivalents	$	27,466	$	25,401
Restricted cash		1,000		1,000
Total cash, cash equivalents, and restricted cash	$	28,466	$	26,401