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CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2020
Jun. 30, 2020
CURRENT ASSETS    
Cash $ 6,785 $ 5,416
Accounts receivable, net 10,629 11,789
Inventory 5,476 5,638
Contract asset 37 156
Prepaid and other current assets 985 1,287
TOTAL CURRENT ASSETS 23,912 24,286
PROPERTY, PLANT AND EQUIPMENT, net 9,865 9,127
OPERATING LEASE RIGHT OF USE ASSET 9,844 8,747
INVENTORY, net of current portion 1,034 1,064
OTHER ASSETS 160 154
GOODWILL 6,735 6,735
INTANGIBLE ASSETS, net 2,667 2,771
DEFERRED TAX ASSET 1,355 1,252
TOTAL ASSETS 55,572 54,136
CURRENT LIABILITIES    
Accounts payable 3,140 3,291
Accrued liabilities 2,738 2,833
Operating lease liability 2,506 2,192
Current maturities of long-term debt 2,091 1,658
Contract liability 3,296 3,262
TOTAL CURRENT LIABILITIES 13,771 13,236
CONTRACT LIABILITY, net of current portion 791 705
OPERATING LEASE LIABILITY, net of current portion 7,493 6,671
OTHER LIABILITIES 417 441
LONG-TERM DEBT, net of current portion 3,428 3,505
TOTAL LIABILITIES 25,900 24,558
COMMITMENTS AND CONTINGENCIES
STOCKHOLDERS' EQUITY    
Common stock, $0.01 par value per share; 40,000,000 shares authorized; 16,718,103 and 16,667,572 shares issued, respectively and 16,422,488 and 16,371,957 shares outstanding, respectively 169 168
Treasury stock, at cost, 295,615 shares repurchased (1,554) (1,554)
Additional paid-in capital 30,589 30,203
Retained earnings 468 761
TOTAL STOCKHOLDERS' EQUITY 29,672 29,578
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 55,572 $ 54,136