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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2018
CASH FLOWS FROM OPERATING ACTIVITIES      
Net income (loss) $ 2,266 $ 214 $ (672)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:      
Depreciation and amortization 1,606 1,663 1,561
Bad debt expense 111 81 62
Non-cash lease expense 0 46 37
Inventory write-offs 29 55 0
Loss on disposal of property, plant and equipment 16 21 13
Stock-based compensation expense 518 400 476
Loss on derivative instrument 113 0 0
Deferred tax expense (benefit) (1,495) 251 (8)
Vendor receivable write-off 657 0 0
Changes in operating assets and liabilities:      
Accounts receivable (2,971) (3,000) 1,121
Inventory (1,887) (492) 305
Prepaid and other assets (373) (531) (20)
Accounts payable and accrued liabilities 1,036 1,498 29
Contract asset and contract liability 1,066 719 (535)
NET CASH PROVIDED BY OPERATING ACTIVITIES 692 925 2,369
CASH FLOWS FROM INVESTING ACTIVITIES      
Purchase of property, plant and equipment (3,969) (749) (1,212)
Cash proceeds from sale of property, plant and equipment 3 0 10
Additions to intangible assets (188) (282) (86)
NET CASH USED IN INVESTING ACTIVITIES (4,154) (1,031) (1,288)
CASH FLOWS FROM FINANCING ACTIVITIES      
Proceeds from exercise of stock options 668 0 0
Repayments of long-term debt (517) (537) (601)
Payments of debt issuance costs (50) 0 0
Proceeds from long-term debt 4,265 0 0
NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES 4,366 (537) (601)
NET INCREASE (DECREASE) IN CASH 904 (643) 480
CASH, beginning of year 4,512 5,155 4,675
CASH, end of year 5,416 4,512 5,155
SUPPLEMENTAL CASH FLOW DISCLOSURES:      
Income taxes paid 99 37 3
Interest paid on long-term debt 127 89 87
NON-CASH INVESTING ACTIVITIES:      
Issuance of common stock for lease 0 0 83
Transfer of equipment to inventory 28 393 193
Property, plant and equipment financed through accounts payable $ 331 $ 12 $ (13)