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CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME - USD ($)
$ in Thousands
12 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Income Statement [Abstract]    
Net sales $ 21,943 $ 19,189
Cost of sales 14,757 14,271
Gross profit 7,186 4,918
Operating expenses:    
Selling expenses 585 780
General and administrative expenses 2,529 1,882
Impairment of goodwill and intangible assets 113 245
Research and development costs 1,225 1,204
Total operating expenses 4,452 4,111
Operating income 2,734 807
Other income (expense):    
Interest and dividend income 27
Gain from sale of Investment in Ramsey Property 340
Gain from disposal of equipment 3 18
Interest expense (12) (37)
Total other income 18 321
Income from continuing operations before income taxes 2,752 1,128
Income tax (expense) benefit 2,089 (25)
Net income from continuing operations 4,841 1,103
Income (loss) from discontinued operations, net of income taxes 243 (281)
Net income 5,084 822
Other comprehensive income, net of tax:    
Unrealized gain from marketable equity investments, net of income taxes 33
Comprehensive income $ 5,117 $ 822
Basic income (loss) per share:    
Net income from continuing operations $ 1.20 $ 0.27
Income (loss) from discontinued operations 0.06 (0.07)
Net income 1.26 0.2
Diluted income (loss) per share:    
Net income from continuing operations 1.19 0.27
Income (loss) from discontinued operations 0.06 (0.07)
Net income $ 1.25 $ 0.2
Weighted average common shares outstanding:    
Basic 4,040,308 4,141,353
Diluted 4,077,575 4,173,556