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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Cash flows provided by operating activities:    
Net income $ 516 $ 1,041
Adjustments to reconcile net income to net cash from operating activities:    
Depreciation and amortization 85 83
Amortization of operating lease right-of-use assets 126 120
Stock based compensation 37 8
Change in deferred tax assets (38) 277
Realized gain on sale of investment in iBio Stock 0 (56)
Unrealized loss on investment in iBio Stock 20 29
Other, Net 2 5
Changes in operating assets and liabilities:    
Accounts receivable, net 1,975 652
Inventories (927) (2,655)
Other current assets (202) (185)
Security deposits and other assets 0 (26)
Accounts payable 771 2,696
Accrued expenses and other liabilities (138) 49
Operating lease obligations (126) (120)
Net cash provided by operating activities 2,101 1,918
Cash flows from investing activities:    
Purchase of property and equipment (131) (53)
Proceeds from sale of iBio Stock 0 96
Net cash (used in) provided by investing activities (131) 43
Cash flows from financing activities:    
Advances under revolving credit facility 14,029 13,921
Proceeds from exercise of stock options 4 0
Repayments of advances under revolving credit facility (14,830) (15,144)
Repayments under term note payables (1,326) (734)
Repayments under finance lease obligations 0 (37)
Net cash used in financing activities (2,123) (1,994)
Net decrease in cash (153) (33)
Cash at beginning of period 210 402
Cash at end of period 57 369
Supplemental disclosures of cash flow information:    
Interest paid 30 57
Income taxes paid 0 0
Supplemental disclosures of non-cash flow transactions:    
Amount owed on purchase of property and equipment $ 45 $ 20