Note 16 - Related Party Transactions

12 Months Ended

Jun. 30, 2022

Notes to Financial Statements

Related Party Transactions Disclosure [Text Block]

NOTE 16 — RELATED PARTY TRANSACTIONS

One of the Company’s former independent outside directors is a director of Wesco International (Wesco).  Wesco purchases lighting fixtures from the Company. Wesco was no longer be considered a related party after fiscal 2021 because the outside director no longer serves on the Company’s Board of Directors.

The Company has recognized revenue related to the following related party transactions in the fiscal years indicated:

(In thousands)	2022		2021
Wesco International	$	-	$	2,013

As of the balance sheet date indicated, the Company had the following accounts receivable recorded with respect to related party transactions:

(In thousands)	2022		2021
Wesco International	$	-	$	264