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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Sep. 30, 2024
Sep. 30, 2023
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income (loss) $ 2,466 $ (615)
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 302 283
Share-based compensation 113 188
Unrealized (gain) loss on marketable equity investments (433) 2,553
Non-cash lease (recovery) (5) (2)
Amortization of loan fees 10 4
Credit loss expense 3
Changes in operating assets and liabilities:    
Accounts receivable and other receivables 428 (1,082)
Deferred costs 51 (97)
Inventory (1,335) (97)
Prepaid expenses and other assets (69) 95
Accounts payable and accrued expenses 579 35
Deferred revenue (14)
Income taxes (209) (873)
Net cash provided by operating activities 1,887 392
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchases of equipment and improvements (431) (126)
Net cash used in investing activities (431) (126)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Principal payments on notes payable (3,427) (1,330)
Proceeds from Minnesota Bank & Trust loans, net of origination fees 4,990
Proceeds from stock option exercises and ESPP contributions 15 32
Payments of employee taxes on net issuance of common stock (273)
Repurchases of common stock (2,311)
Net cash used in financing activities (1,006) (1,298)
Net increase (decrease) in cash and cash equivalents 450 (1,032)
Cash and cash equivalents, beginning of period 2,631 2,936
Cash and cash equivalents, end of period 3,081 1,904
Supplemental disclosures of cash flow information:    
Cash paid during the period for interest 162 140
Cash paid during the period for income taxes:    
Federal income tax payments 690 565
California income tax payments 372 74
Massachusetts income tax payments 21
Total income tax payments $ 1,062 $ 660