CERTAIN BALANCE SHEET DETAILS

9 Months Ended

Mar. 31, 2024

Organization, Consolidation and Presentation of Financial Statements [Abstract]

CERTAIN BALANCE SHEET DETAILS

NOTE 4. CERTAIN BALANCE SHEET DETAILS

Other current assets

Included in the other current assets balance of $3.1 million as of March 31, 2024 is a deposit of $1.8 million made during the quarter then ended in connection with the potential acquisition of a 9.9% equity interest in a domestic financial institution that is currently seeking certain regulatory approval. If the regulatory approval is obtained, the deposit will convert to an equity interest in the financial institution and if the regulatory approval is not obtained the deposit will be refunded to the Company.

	(in thousands)
	March 31,		June 30,
Inventories	2024		2023
Raw materials and supplies	$	1,224	$	1,456
Finished goods		889		798
Total inventories	$	2,113	$	2,254

	March 31,			June 30,
Property and equipment, net	2024			2023
Manufacturing equipment	$	1,934		$	1,915
Land and building		575			575
Other equipment		818			784
Total property and equipment, gross		3,327			3,274
Accumulated depreciation		(2,132	)		(2,019	)
Total property and equipment, net	$	1,195		$	1,255

	March 31,		June 30,
Accounts payable and accrued expenses	2024		2023
Accounts payable	$	2,530	$	1,326
Taxes payable		87		97
Accrued payroll, vacation and bonus payable		676		455
Accrued operating expenses		273		893
Total	$	3,566	$	2,771