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CONDENSED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Sep. 30, 2019
Sep. 30, 2018
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income $ 1,104 $ 1,349
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 138 88
Share-based compensation 12 10
Non-cash lease expense 13
Amortization of loan fees 2
Gain on disposal of equipment (7)
Deferred income tax (41) 404
Bad debt expense (recovery) 12 (13)
Changes in operating assets and liabilities:    
Accounts receivable and other receivables 931 (655)
Deferred costs (63) (50)
Inventory (605) (172)
Prepaid expenses and other assets 391 (152)
Accounts payable and accrued expenses (1,040) (82)
Deferred revenue 25 39
Income taxes payable 29 (123)
Net cash provided by operating activities 908 636
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchases of equipment (61) (477)
Purchases of investments (1,258) (824)
Decrease (increase) in intangibles (4) 1
Proceeds from disposal of equipment 7
Net cash used in investing activities (1,323) (1,293)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Principal payments on capital lease and notes payable (159) (10)
Borrowings from Minnesota Bank & Trust 5,000
Payment of employee payroll taxes on net issuance of common stock (101)
Proceeds from ESPP Contributions 15 10
Repurchases of common stock (681) (1,115)
Net cash provided by (used in) financing activities (825) 3,784
Net increase (decrease) in cash and cash equivalents (1,240) 3,127
Cash and cash equivalents, beginning of period 7,742 5,188
Cash and cash equivalents, end of period 6,502 8,315
Cash paid during the period for:    
Interest 63 20
Income taxes, net of refunds $ 299