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Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2021
Jun. 30, 2021
Current Assets:    
Cash $ 57 $ 210
Accounts receivable, net 3,801 5,776
Inventories 12,622 11,695
Other current assets 504 317
Total current assets 16,984 17,998
Property and equipment, net 1,743 1,742
Operating lease right-of-use assets (includes $2,203 and $2,322 with a related party) 2,239 2,365
Deferred tax assets, net 3,306 3,268
Security deposits and other assets 64 67
Total Assets 24,336 25,440
Current Liabilities:    
Advances under revolving credit facility 1,373 2,173
Accounts payable (includes $75 and $65 due to related party) 4,221 3,496
Accrued expenses and other current liabilities 1,472 1,610
Current portion of long term debt, net 136 1,457
Current portion of operating lease liabilities (includes $489 and $485 with a related party) 499 500
Total current liabilities 7,701 9,236
Operating lease liabilities (includes $1,718 and $1,842 with a related party) 1,744 1,870
Total liabilities 9,445 11,106
Commitments and Contingencies
Stockholders' Equity :    
Common Stock, $0.002 par value; 50,000,000 shares authorized; 29,855,177 and 29,838,177 shares issued and 29,820,277 and 29,803,277 and shares outstanding, respectively 60 60
Additional paid-in capital 50,557 50,516
Accumulated deficit (35,627) (36,143)
Less: Treasury stock, at cost, 34,900 shares (99) (99)
Total Stockholders' Equity 14,891 14,334
Total Liabilities and Stockholders' Equity $ 24,336 $ 25,440