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CONDENSED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2020
Jun. 30, 2020
Current Assets:    
Cash and cash equivalents $ 5,202 $ 6,421
Investments 2,400 2,560
Accounts receivable, net of allowance for doubtful accounts of $9 and $6 at September 30, 2020 and at June 30, 2020, respectively 6,138 5,155
Deferred costs 142 155
Inventory 8,313 8,238
Prepaid expenses and other current assets 343 145
Total current assets 22,538 22,674
Equipment and leasehold improvements, net 2,629 2,686
Right of use asset, net 2,861 2,943
Intangibles, net 159 162
Deferred income taxes, net 259 259
Investments 2,309 2,360
Other assets 42 42
Total assets 30,797 31,126
Current Liabilities:    
Accounts payable 1,834 1,965
Accrued expenses 1,757 2,411
Deferred revenue 200 200
Note payable and capital lease obligations 660 651
Total current liabilities 4,451 5,227
Lease liability, net of current portion 2,695 2,750
Income taxes payable 486 804
Notes and capital leases payable, net of current portion 3,114 3,283
Total non-current liabilities 6,295 6,837
Total liabilities 10,746 12,064
Shareholders' equity:    
Common shares; no par value; 50,000,000 shares authorized; 3,858,251 and 3,811,137 shares issued and outstanding at September 30, 2020 and June 30, 2020, respectively 12,583 12,752
Accumulated other comprehensive loss (1,693) (1,586)
Retained earnings 9,161 7,896
Total shareholders' equity 20,051 19,062
Total liabilities and shareholders' equity $ 30,797 $ 31,126