Note 13 - Income Taxes (Tables)

12 Months Ended

Jun. 30, 2024

Notes Tables

Schedule of Income before Income Tax, Domestic and Foreign [Table Text Block]

	Year ended June 30,
(dollars in thousands)	2024		2023
United States	$	1,670	$	4,114
Canada		245		(31	)
Total	$	1,915	$	4,083

Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]

	Year ended June 30,
			% of						% of
(dollars in thousands)	2024		Pretax			2023			Pretax
Tax expense at statutory rate	$	402		21.0	%	$	857			21.0	%
State and local income taxes, net of federal tax benefit		117		6.1	%		131			3.2	%
Income from controlled foreign corporation		56		2.9	%		7			0.2	%
Other		7		0.4	%		(61	)		(1.5	)%
Total tax expense	$	582		30.4	%	$	934			22.9	%

Schedule of Components of Income Tax Expense (Benefit) [Table Text Block]

	Year ended June 30,
(dollars in thousands)	2024		2023
Current tax expense (benefit) - U.S.	$	48	$	1,245
Current tax expense (benefit) - State U.S.		117		131
Current tax expense (benefit) - non-U.S.		82		(2	)
Deferred tax expense (benefit) - U.S.		329		(442	)
Deferred tax expense (benefit) - non-U.S.		6		2
Total tax expense (benefit)	$	582	$	934

Schedule of Deferred Tax Assets and Liabilities [Table Text Block]

	June 30,
(dollars in thousands)	2024			2023
Deferred Income Tax Assets:
Accumulated depreciation	$	126		$	117
Investments in securities at fair value		857			1,604
Accrued expenses		66			218
Product start-up costs		103			99
Share-based compensation expense		162			162
Other		67			40
Net operating loss carryover		-			24
Capital loss carryover		786			-
Subtotal Deferred Tax Assets		2,167			2,264
Valuation Allowance		-			(24	)
Total Deferred Tax Assets		2,167			2,240
Deferred Income Tax Liabilities:
Investments in securities at fair value	$	-		$	(4	)
Prepaid expenses		(82	)		(77	)
Foreign tax on undistributed earnings		(252	)		(243	)
Total Deferred Tax Liabilities		(334	)		(324	)
Net Deferred Tax Asset	$	1,833		$	1,916

Schedule of Unrecognized Tax Benefits Roll Forward [Table Text Block]

	Year ended June 30,
(dollars in thousands)	2024		2023
Beginning Balance	$	671	$	554
Increases related to current year tax positions		114		117
Ending Balance	$	785	$	671