XML 17 R6.htm IDEA: XBRL DOCUMENT v3.19.1
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Mar. 31, 2019
Mar. 31, 2018
CASH FLOWS FROM OPERATING ACTIVITIES    
Net loss $ (276) $ (526)
Adjustments to reconcile net loss to net cash provided by operating activities:    
Depreciation and amortization 1,233 1,174
Bad debt expense 42 37
Non-cash lease expense 36 0
Loss (gain) on disposal of property, plant and equipment 18 (2)
Stock-based compensation expense 303 375
Deferred tax expense (benefit) 207 (37)
Changes in operating assets and liabilities:    
Accounts receivable (364) 1,413
Inventory (461) 101
Prepaid and other assets (139) 16
Accounts payable and accrued liabilities 499 (111)
Contract asset and contract liability 235 (317)
NET CASH PROVIDED BY OPERATING ACTIVITIES 1,333 2,123
CASH FLOWS FROM INVESTING ACTIVITIES    
Purchase of property, plant and equipment (649) (800)
Cash proceeds from sale of property, plant and equipment 0 10
Additions to intangible assets (254) (58)
NET CASH USED IN INVESTING ACTIVITIES (903) (848)
CASH FLOWS FROM FINANCING ACTIVITIES    
Repayments of long-term debt (408) (451)
NET CASH USED IN FINANCING ACTIVITIES (408) (451)
NET INCREASE IN CASH 22 824
CASH, beginning of period 5,155 4,675
CASH, end of period 5,177 5,499
SUPPLEMENTAL CASH FLOW DISCLOSURES:    
Income taxes paid 31 3
Interest paid on long-term debt 68 64
NON-CASH INVESTING ACTIVITIES:    
Issuance of common stock for lease 0 83
Transfer of equipment to inventory 236 166
Property, plant and equipment financed through accounts payable 16 89
Transfer of inventory to long-term $ 1,079 $ 0