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CONDENSED CONSOLIDATED INCOME STATEMENTS (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2022
Dec. 31, 2021
Income Statement [Abstract]        
Net sales $ 11,282 $ 10,173 $ 22,369 $ 20,161
Cost of sales 8,659 6,769 16,791 13,329
Gross profit 2,623 3,404 5,578 6,832
Operating expenses:        
Selling expenses 68 22 122 59
General and administrative expenses 951 1,165 1,975 2,257
Research and development costs 467 615 1,395 1,596
Total operating expenses 1,486 1,802 3,492 3,912
Operating income 1,137 1,602 2,086 2,920
Interest expense (128) (117) (258) (237)
Unrealized gain (loss) on marketable equity investments 158 (300) 408 (152)
Interest and other income 7 25 225 49
Gain on sale of investments 7
Income before income taxes 1,174 1,210 2,468 2,580
Income tax expense (295) (285) (513) (592)
Net income $ 879 $ 925 $ 1,955 $ 1,988
Basic net income per share:        
Net income $ 0.25 $ 0.25 $ 0.54 $ 0.54
Diluted net income per share:        
Net income $ 0.24 $ 0.25 $ 0.53 $ 0.53
Basic 3,574 3,657 3,595 3,654
Diluted 3,652 3,767 3,672 3,774
Common shares outstanding 3,554 3,642 3,554 3,642