XML 13 R2.htm IDEA: XBRL DOCUMENT v3.22.4
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2022
Dec. 31, 2021
Sales, net $ 12,254 $ 14,594 $ 24,580 $ 27,345
Cost of sales 11,184 12,844 22,513 24,171
Gross profit 1,070 1,750 2,067 3,174
Selling and administrative expenses 1,103 1,020 2,070 1,859
Operating (loss) income (33) 730 (3) 1,315
Other income (expense), net        
Interest expense (12) (42) (25) (74)
Realized loss on sale of investment in iBio Stock (35) 0 (35) 0
Unrealized gain (loss) on investments 31 (22) 27 (42)
Other income, net 4 25 7 31
Other income (expense), net (12) (39) (26) (85)
(Loss) income before income taxes (45) 691 (29) 1,230
Income tax (expense) benefit, net (10) 340 (61) 317
Net income $ (55) $ 1,031 $ (90) $ 1,547
Basic earnings per common share (in dollars per share) $ (0.00) $ 0.04 $ (0.00) $ 0.05
Diluted earnings per common share (in dollars per share) $ 0.03 $ 0.03 $ 0.05 $ 0.05
Weighted average common shares outstanding - basic (in shares) 29,949,610 29,823,919 29,929,610 29,823,029
Add: Equivalent shares outstanding - Stock Options (in shares) 0 2,623,104 0 2,617,930
Weighted average common shares outstanding - diluted (in shares) 29,949,610 32,447,023 29,929,610 32,440,959