Note 12 - Segment Information

9 Months Ended

Mar. 31, 2013

Segment Reporting Disclosure [Text Block]

Note 12 – Segment Information

In its operation of the business, management reviews certain financial information, including segmented internal profit and loss statements prepared on a basis consistent with U.S. GAAP. Our two segments are Power Supplies and Storage. The two segments discussed in this analysis are presented in the way we internally managed and monitored performance for the nine months ended March 31, 2013 and 2012. Allocations for internal resources were made for the nine months ended March 31, 2013 and 2012. The power supplies segment tracks certain assets separately, and all others are recorded in the storage segment for internal reporting presentations.  The types of products and services provided by each segment are summarized below:

Power Supplies — We design, develop, and sell small, open frame, high efficiency switching power supplies. These power supplies are used to convert AC line voltage to DC voltages, or DC voltages to other DC voltages for use in a wide variety of electronic equipment such as telecommunications equipment, machine tools, routers, switches, wireless systems and gaming devices.

Storage — We design, develop and sell automated magnetic tape libraries used to store, retrieve and manage electronic data primarily in network computing environments. Tape libraries consist of cartridge tape drives, tape cartridges and robotics to move the cartridges from their storage locations to the tape drives under software control. Our tape libraries provide data storage solutions for organizations requiring backup, recovery and archival storage of critical data.

Segment revenue, loss before taxes and total assets were as follows (in thousands):

	Three Months Ended March 31,				Nine Months Ended March 31,
	2013		2012		2013		2012
Net Revenues
Power supplies	$	1,969	$	2,687	$	4,742	$	6,874
Storage		983		1,921		5,018		5,913
Total revenue	$	2,952	$	4,608	$	9,760	$	12,787

	Three Months Ended March 31,						Nine Months Ended March 31,
	2013			2012			2013			2012
Loss before income taxes
Power supplies	$	(262	)	$	140		$	(828	)	$	332
Storage		(3,039	)		(693	)		(6,092	)		(1,799	)
Total loss before taxes	$	(3,301	)	$	(553	)	$	(6,920	)	$	(1,467	)

	March 31, 2013		June 30, 2012
Total assets
Cash and marketable securities:
Cash and cash equivalents	$	825	$	7,381
Marketable securities		15,920		13,504
Total cash and marketable securities	$	16,745	$	20,885
Power supplies and storage:
Power supplies		548		2,142
Storage		6,238		5,797
Power supplies and storage	$	6,786	$	7,939
Total assets	$	23,531	$	28,824