COMPOSITION OF CERTAIN FINANCIAL STATEMENT ITEMS (Tables)

12 Months Ended

Jun. 30, 2019

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Schedule of investments

Investments are stated at market value and consist of the following (in thousands):

	June 30, 2019		June 30, 2018
Marketable equity securities – short-term	$	2,649	$	2,220
Marketable equity securities – long-term		582		—
Total Marketable equity securities	$	3,231	$	2,220

Schedule of inventory

Inventory is stated at the lower of cost (first-in, first-out) or net realizable value and consists of the following (in thousands):

	June 30,
	2019		2018
Raw materials /purchased components	$	3,132	$	1,878
Work in process		1,511		974
Sub-assemblies /finished components		1,524		1,193
Finished goods		72		348
Total inventory	$	6,239	$	4,393

Schedule of equipment and leasehold improvements

Equipment and leasehold improvements consist of the following (in thousands):

	June 30,
	2019			2018
Office furnishings and fixtures	$	2,067		$	1,821
Machinery and equipment		5,119			4,488
Automobiles		21			—
Leasehold improvements		2,276			2,170
Total		9,483			8,479
Less: Accumulated depreciation and amortization		(6,757	)		(6,724	)
	$	2,726		$	1,755

Schedule of intangibles

Intangibles consist of the following (in thousands):

	June 30, 2019			June 30, 2018
Covenant not to compete	$	—		$	30
Patent-related costs		175			164
Total intangibles		175			194
Less accumulated amortization		(46	)		(54	)
	$	129		$	140

Schedule of accrued liabilities

Accrued liabilities consist of the following (in thousands):

	June 30,
	2019		2018
Payroll and related items	$	480	$	438
Accrued inventory in transit		276		301
Accrued legal and professional fees		130		155
Accrued bonuses		221		109
Warranty		136		107
Accrued losses on development contracts		83		83
Accrued sales, use and excise taxes		2		6
Other		109		67
	$	1,437	$	1,266