Note 7 - Income Taxes (Tables)

12 Months Ended

Jun. 30, 2023

Notes Tables

Schedule of Components of Income Tax Expense (Benefit) [Table Text Block]

	For the fiscal year
	ended June 30,
	2023			2022
Current - Federal tax expense	$	(110	)	$	(600	)
Current - State tax expense		(61	)		(289	)
Deferred - Federal benefit		55			2,106
Deferred - State tax (expense) benefit		(18	)		24
Income tax (expense) benefit, net	$	(134	)	$	1,241

Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]

	For the fiscal year
	ended June 30,
	2023			2022
Statutory federal income tax rate		(21.0	)%		(21.0	)%
State income tax rate		(55.1	)%		(11.5	)%
Stock compensation		(166.0	)%		(4.6	)%
Change in valuation allowance		201.2	%		85.6	%
Other temporary differences		(62.1	)%		(0.6	)%
Loss on sale of iBio Stock		(18.4	)%		-
Non-deductible expenses		(12.6	)%		(0.1	)%
Effective income tax rate		(134	)%		47.8	%

Schedule of Deferred Tax Assets and Liabilities [Table Text Block]

	June 30,
	2023			2022
Deferred Tax Assets
Net operating loss	$	5,105		$	5,166
Capital loss carryover		678			485
Depreciation		(139	)		(157	)
Inventory		180			149
Other		337			296
Valuation allowance		(1,435	)		(1,141	)
Total deferred tax asset, net	$	4,726		$	4,798