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CONDENSED CONSOLIDATED STATEMENTS OF INCOME (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2021
Dec. 31, 2020
Income Statement [Abstract]        
Net sales $ 10,173 $ 8,265 $ 20,161 $ 16,855
Cost of sales 6,769 5,669 13,329 10,784
Gross profit 3,404 2,596 6,832 6,071
Operating expenses:        
Selling expenses 22 150 59 280
General and administrative expenses 1,165 936 2,257 1,641
Research and development costs 615 989 1,596 2,080
Total operating expenses 1,802 2,075 3,912 4,001
Operating income 1,602 521 2,920 2,070
Interest expense (117) (75) (237) (129)
Unrealized gain (loss) on marketable equity investments (300) 1,413 (152) 1,306
Interest and other income 25 20 49 61
Gain on sale of investments 12
Income from operations before income taxes 1,210 1,879 2,580 3,320
Income tax expense (285) (129) (592) (412)
Net income $ 925 $ 1,750 $ 1,988 $ 2,908
Basic net income per share:        
Net income $ 0.25 $ 0.45 $ 0.54 $ 0.75
Diluted net income per share:        
Net income $ 0.25 $ 0.44 $ 0.53 $ 0.72
Weighted average common shares outstanding:        
Basic 3,657 3,861 3,654 3,856
Diluted 3,767 4,012 3,774 4,014
Common shares outstanding 3,642 3,861 3,642 3,861