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Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2020
Jun. 30, 2020
Cash $ 369 $ 402
Accounts receivable, net 4,855 5,507
Inventories 12,756 10,101
Other current assets 594 451
Total current assets 18,574 16,461
Property and equipment, net 1,670 1,696
Operating lease right-of-use assets (includes $2,673 and $2,788 with a related party) 2,704 2,824
Deferred tax assets, net 1,606 1,883
Security deposits and other assets 76 80
Total Assets 24,630 22,944
Advances under revolving credit facility 2,823 4,046
Accounts payable (includes $72 and $62 due to related party) 7,058 4,358
Accrued expenses and other current liabilities 1,433 1,384
Current portion of long term debt, net 2,836 2,823
Current portion of operating lease liabilities (includes $472 and $467 with a related party) 494 488
Total current liabilities 14,644 13,099
Long term debt, net 654 1,436
Operating lease liabilities (includes $2,207 and $2,327 with a related party) 2,216 2,342
Total liabilities 17,514 16,877
Commitments and Contingencies
Stockholders' Equity :    
Common Stock, $0.002 par value; 50,000,000 shares authorized; 29,680,843 shares issued and 29,645,943 shares outstanding, respectively 59 59
Additional paid-in capital 50,271 50,263
Accumulated deficit (43,115) (44,156)
Less: Treasury stock, at cost, 34,900 shares (99) (99)
Total Stockholders' Equity 7,116 6,067
Total Liabilities and Stockholders' Equity $ 24,630 $ 22,944