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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Jun. 30, 2021
Jun. 30, 2020
CASH FLOWS FROM OPERATING ACTIVITIES    
Net earnings (loss) $ 6,890 $ (1,140)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:    
Depreciation and amortization 1,361 1,450
Forgiveness of PPP loans (264) 0
Share-based compensation 0 28
Gain on disposal of property, plant and equipment (13) (192)
Change in assets and liabilities:    
Receivables 126 400
Inventory (24) 150
Employee retention credits receivable (3,586) 0
Prepaids and other assets 12 10
Accounts payable and accrued expenses 403 (1,838)
Deferred relief funds (4,095) 4,532
Accrued sales taxes 555 569
Net cash provided by operating activities 1,365 3,969
CASH FLOWS FROM INVESTING ACTIVITIES    
Proceeds from sale of property, plant & equipment 43 559
Expenditures for property, plant and equipment—continuing operations (2,595) (1,185)
Net cash used in investing activities (2,552) (626)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Repurchase of common shares 0 (102)
Proceeds from new long-term debt 0 3,234
Payment of long-term debt (35) (3,033)
Net cash provided by (used in) financing activities (35) 99
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS (1,222) 3,442
CASH AND CASH EQUIVALENTS:    
Beginning of year 11,184 7,742
End of year 9,962 11,184
Non-cash investing and financing activities    
Assets acquired in exchange for note receivable 0 371
Right-of-use assets obtained for lease liabilities 1,179 1,498
Cash paid for (received from):    
Income taxes 293 (349)
Interest $ (1) $ 6