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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Cash flows provided by operating activities:    
Net income $ 1,041 $ 312
Depreciation and amortization 83 91
Amortization of operating lease right-of-use assets 120 116
Stock based compensation 8 15
Change in deferred tax assets 277 (5)
Realized gain on sale of investment in iBio Stock (56)
Unrealized loss on investment in iBio Stock 29 20
Other, Net 5 9
Changes in operating assets and liabilities:    
Accounts receivable 652 1,084
Inventories (2,655) (1,073)
Other current assets (185)
Security deposits and other assets (26) 18
Accounts payable 2,696 1,251
Accrued expenses and other liabilities 49 (37)
Operating lease obligations (120) (116)
Net cash provided by operating activities 1,918 1,685
Cash flows from investing activities:    
Purchase of property and equipment (53) (58)
Proceeds from sale of iBio Stock 96
Net cash provided by (used in) investing activities 43 (58)
Cash flows from financing activities:    
Advances under revolving credit facility 13,921 11,040
Repayments of advances under revolving credit facility (15,144) (12,075)
Repayments under term note payables (734) (482)
Repayments under finance lease obligations (37) (60)
Net cash used in financing activities (1,994) (1,577)
Net (decrease) increase in cash (33) 50
Cash at beginning of period 402 475
Cash at end of period 369 525
Supplemental disclosures of cash flow information:    
Interest paid 57 123
Income taxes paid
Supplemental disclosures of non-cash flow transactions:    
Amount owed on purchase of property and equipment $ 20