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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Cash flows provided by operating activities:    
Net income $ 1,271 $ 405
Adjustments to reconcile net income to net cash from operating activities:    
Depreciation and amortization 160 166
Amortization of operating lease right-of-use assets 233 224
Stock based compensation 30
Change in deferred tax assets (43) 12
Unrealized loss on investments 55
Other, net 7 23
Changes in operating assets and liabilities:    
Accounts receivable (441) (721)
Inventories (471) (3,794)
Other current assets (10) (47)
Security deposits and other assets 24 (4)
Accounts payable 403 2,989
Accrued expenses and other liabilities 73 58
Operating lease obligations (233) (225)
Net cash provided by (used in) operating activities 1,058 (914)
Cash flows from investing activities:    
Purchase of property and equipment (101) (287)
Proceeds from sale of machinery and equipment 3
Cash contribution in AgroSport LLC (7)
Net cash used in investing activities (98) (294)
Cash flows from financing activities:    
Advances under revolving credit facility 23,826 22,899
Proceeds from exercise of employee stock options 24
Repayments of advances under revolving credit facility (24,469) (21,467)
Repayments under term note payables (610) (330)
Repayments under finance lease obligations (115) (101)
Net cash (used in) provided by financing activities (1,368) 1,025
Net increase in cash (408) (183)
Cash at beginning of period 475 228
Cash at end of period 67 45
Interest paid 228 369
Income taxes paid $ 155 $ 123