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COMPOSITION OF CERTAIN FINANCIAL STATEMENT ITEMS (Tables)
12 Months Ended
Jun. 30, 2021
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,
2021
   June 30,
2020
 
Marketable equity securities – short-term  $1,295   $2,560 
Marketable equity securities – long-term   1,704    2,360 
Total Marketable equity securities  $2,999   $4,920 
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, 
   2021   2020 
Raw materials /purchased components  $3,967   $4,241 
Work in process   2,218    2,339 
Sub-assemblies /finished components   1,738    1,438 
Finished goods   514    220 
Total inventory  $8,437   $8,238 
Schedule of Land and Building

Land and building consist of the following (in thousands):

 

   June 30,
2021
   June 30,
 2020
 
Land  $3,684   $ 
Building   2,815     
Total   6,499     
Less: accumulated depreciation   (62)    
   $6,437   $ 
Schedule of equipment and improvements

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

 

   June 30, 
   2021   2020 
Office furnishings and fixtures  $2,173   $2,143 
Machinery and equipment   5,895    5,382 
Automobiles   21    21 
Improvements   3,536    2,359 
Total   11,625    9,905 
Less: accumulated depreciation and amortization   (7,780)   (7,219)
   $3,845   $2,686 
Schedule of intangibles

Intangibles consist of the following (in thousands):

 

   June 30,
2021
   June 30,
2020
 
Patent-related costs  $260   $222 
Less accumulated amortization   (74)   (60)
   $186   $162 
Schedule of accrued liabilities

Accrued liabilities consist of the following (in thousands):

 

   June 30, 
   2021   2020 
Payroll and related items  $505   $689 
Accrued inventory in transit   128    303 
Accrued legal and professional fees   124    141 
Accrued bonuses   300    570 
Current portion of lease liability   344    339 
Warranty   221    213 
Accrued customer rebate   394     
Accrued sales, use and excise taxes   7    7 
Other   175    149 
   $2,198   $2,411