SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

12 Months Ended

Jun. 30, 2016

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES [Abstract]

Allowance for doubtful accounts

The Company has a history of minimal uncollectible accounts.  See rollforward of allowance activity below:

Allowance for Doubtful Accounts	Balance Beginning of Year		Charges to Expense		Write-offs /Payments			Balance End of Year
2016	$	34	$	34	$	(5	)	$	63
2015	$	23	$	22	$	(11	)	$	34
2014	$	26	$	-	$	(3	)	$	23

Schedule of stock-based compensation expense

Total stock-based compensation expense for the fiscal years ended June 30, 2016, 2015 and 2014 are as follows:

	Year Ended June 30,
	2016		2015		2014
Stock-based compensation expense included in:
Cost of revenue	$	31	$	22	$	18
Selling, general and administrative		645		489		420
Total	$	676	$	511	$	438

Schedule of stock option valuation assumptions

The fair value of the Company’s stock options was estimated on the grant date using the Black-Scholes option-pricing model with the following assumptions:

	Year Ended June 30,
	2016			2015			2014
Weighted average risk-free interest rate		1.0	%		0.4	%		0.6	%
Weighted average expected volatility		45	%		45	%		52	%
Weighted average expected life (in years)		4.56			3.49			4.04
Dividend yield		-			-			-

Schedule of Intangible Assets

At June 30, 2016 and 2015, intangible assets consisted of the following (in thousands):

		June 30,
		2016							2015
	Estimated Useful Lives	Original Amount		Accumulated Amortization			Net Amount		Original Amount		Accumulated Amortization			Net Amount
Customer relationships	7 years	$	580	$	(60	)	$	520	$	-	$	-		$	-
Permits	6 - 15 years		668		(191	)		477		668		(150	)		518
Patents	5 - 17 years		383		(251	)		132		383		(235	)		148
Total intangible assets, net		$	1,631	$	(502	)	$	1,129	$	1,051	$	(385	)	$	666

Schedule of future amortization of intangible assets

As of June 30, 2016, future amortization of intangible assets is as follows (in thousands):

Year Ending  June 30,
2017	$	137
2018		136
2019		136
2020		136
2021		135
Thereafter		449
	$	1,129