Note 8 - Income Taxes (Tables)

12 Months Ended

Jun. 30, 2016

Notes Tables

Schedule of Deferred Tax Assets and Liabilities [Table Text Block]

	June 30,
	2016	2015
Deferred Tax Assets
Net operating loss	$ 13,967	$ 14,307
Capital loss carryover	31	31
Valuation adjustment on investment	695	695
Depreciation	(166)	(64)
Inventory	156	180
Other	31	(12)
Valuation allowance	(14,714)	(15,137)
Total deferred tax asset	-	-
Less current portion	-	-
Net long-term deferred tax asset	$           -	$            -

Schedule of Components of Income Tax Expense (Benefit) [Table Text Block]

	For the fiscal year
	ended June 30,
	2016	2015
Current - Federal	$ 20	$ -
Current - State and local	211	134
Deferred - Federal and state	114	(231)
Change in valuation allowance	(114)	231
Income tax expense, net	$ 231	$ 134

Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]

	For the fiscal year
	ended June 30,
	2016	2015
Statutory federal income tax rate	34 %	34 %
Statutory state income tax rate	6 %	6 %
Effective state income tax rate	12 %	9 %
Change in valuation allowance	(36)%	(39)%
Non-deductible expenses	3 %	5 %
Effective income tax rate	19 %	15 %