COMPOSITION OF CERTAIN FINANCIAL STATEMENT ITEMS (Tables)

12 Months Ended

Jun. 30, 2020

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, 2020		June 30, 2019
Marketable equity securities – short-term	$	2,560	$	1,711
Marketable equity securities – long-term		2,360		1,520
Total Marketable equity securities	$	4,920	$	3,231

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,
	2020		2019
Raw materials /purchased components	$	4,241	$	3,132
Work in process		2,339		1,511
Sub-assemblies /finished components		1,438		1,524
Finished goods		220		72
Total inventory	$	8,238	$	6,239

Schedule of equipment and leasehold improvements

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

	June 30,
	2020			2019
Office furnishings and fixtures	$	2,143		$	2,067
Machinery and equipment		5,382			5,119
Automobiles		21			21
Leasehold improvements		2,359			2,276
Total		9,905			9,483
Less: accumulated depreciation and amortization		(7,219	)		(6,757	)
	$	2,686		$	2,726

Schedule of intangibles

Intangibles consist of the following (in thousands):

	June 30, 2020			June 30, 2019
Patent-related costs	$	222		$	175
Less accumulated amortization		(60	)		(46	)
	$	162		$	129

Schedule of accrued liabilities

Accrued liabilities consist of the following (in thousands):

	June 30,
	2020		2019
Payroll and related items	$	689	$	480
Accrued inventory in transit		303		276
Accrued legal and professional fees		141		130
Accrued bonuses		570		221
Current portion of lease liability		339		—
Warranty		213		136
Accrued losses on development contracts		—		83
Accrued sales, use and excise taxes		7		2
Other		149		109
	$	2,411	$	1,437