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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2022
Jun. 30, 2022
Current Assets:    
Cash $ 1,168 $ 331
Accounts receivable, net 3,711 4,888
Inventories 11,668 11,055
Other current assets 516 352
Total current assets 17,063 16,626
Property and equipment, net 1,850 1,910
Operating lease right-of-use assets 2,646 1,867
Deferred tax assets, net 4,761 4,798
Security deposits and other assets 44 49
Total Assets 26,364 25,250
Current Liabilities:    
Advances under revolving credit facility 0 101
Accounts payable (includes $0 and $72 due to related party) 3,529 3,209
Accrued expenses and other current liabilities 1,486 1,411
Current portion of long term debt, net 42 32
Current portion of operating lease liabilities 757 510
Total current liabilities 5,814 5,263
Long term debt 39 53
Operating lease liabilities 1,890 1,359
Total liabilities 7,743 6,675
Commitments and Contingencies (Note 6)
Stockholders' Equity :    
Common Stock, $0.002 par value; 50,000,000 shares authorized; 29,984,510 and 29,949,610 shares issued and outstanding, respectively 60 60
Additional paid-in capital 51,000 50,919
Accumulated deficit (32,340) (32,305)
Less: Treasury stock, at cost, 34,900 shares (99) (99)
Total Stockholders' Equity 18,621 18,575
Total Liabilities and Stockholders' Equity $ 26,364 $ 25,250