Note 16 - Commitments and Contingencies

12 Months Ended

Jun. 30, 2026

Notes to Financial Statements

Commitments and Contingencies Disclosure [Text Block]

NOTE 16 — COMMITMENTS AND CONTINGENCIES

The Company is party to various negotiations, customer bankruptcies, and legal proceedings arising in the normal course of business. The Company provides reserves for these matters when a loss is probable and reasonably estimable. The Company does not disclose a range of potential loss because the likelihood of such a loss is remote. In the opinion of management, the ultimate disposition of these matters will not have a material adverse effect on the Company’s financial position, results of operations, cash flows or liquidity.

The Company has recorded a $7.0 million contingent liability related to the future earnout payments as part of the acquisition of Canada’s Best Holding (CBH), or which $2.1 million is classified as short term, while $4.9 million is classified as long term.  The $7.0 million represents the value of the earnout converted from its functional currency to USD as of June 30, 2026.  As of June 30, 2025, the company recorded a $3.4 million contingent liability related to the future earnout payments, and $3.4 million represents the value of the earnout converted from its functional currency to USD as of  June 30, 2025.