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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Sep. 30, 2022
Sep. 30, 2021
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income $ 1,076 $ 1,064
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 193 184
Share-based compensation 207 300
Unrealized (gain) loss on marketable equity investments (250) (149)
Non-cash lease expense 2 6
Amortization of loan fees 2 2
Gain on sale of investments (6)
Deferred income taxes 32
Bad debt expense 2 5
Changes in operating assets and liabilities:    
Accounts receivable and other receivables 4,337 834
Deferred costs 123 9
Inventory (2,986) (470)
Prepaid expenses and other assets (138) 284
Accounts payable and accrued expenses 273 177
Deferred revenue (162) 143
Income taxes payable 187 312
Net cash provided by operating activities 2,892 2,701
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchases of equipment and improvements (178) (848)
Purchases of investments (14)
Increase in intangibles (12)
Proceeds from sale of investments 88
Net cash used in investing activities (90) (874)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Principal payments on notes payable (1,318) (306)
Proceeds from Minnesota Bank & Trust loans, net of origination fees 1,000
Proceeds from stock option exercises and ESPP contributions 42 30
Payments of employee taxes on net issuance of common stock (223)
Repurchases of common stock (354) (95)
Net cash used in financing activities (853) (371)
Net increase in cash and cash equivalents 1,949 1,456
Cash and cash equivalents, beginning of period 849 3,721
Cash and cash equivalents, end of period 2,798 5,177
Non-cash investing and financing activity:    
Cashless stock option exercise 45
Cash paid during the period for:    
Interest 89 121
Income taxes, net of refunds $ 241