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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Cash flows from operating activities:    
Net (loss) income $ (34) $ 3,838
Adjustments to reconcile net (loss) income to net cash provided by operating activities:    
Amortization of operating lease right-of-use assets 803 498
Depreciation and amortization 351 336
Deferred income taxes (benefit) 72 (1,530)
Accretion of financing instruments, amortization of prepaid financing costs and other 12 21
Compensation expense on employee stock options 320 369
Unrealized (gain) loss on investment in iBio Stock (27) 55
Realized loss on sale of iBio Stock 35 0
Bad debt expense 3 13
Gain on disposal of fixed assets (1) (22)
Changes in operating assets and liabilities:    
Accounts receivable 374 875
Inventories 794 640
Prepaid expenses and other assets 34 (84)
Operating lease obligations (804) (501)
Accounts payable (921) (218)
Accrued expenses and other current liabilities 221 (199)
Net cash provided by operating activities 1,232 4,091
Cash flows from investing activities:    
Purchase of property and equipment (116) (486)
Proceeds from sale of iBio Stock 4 0
Proceeds from sale of fixed assets 1 21
Net cash used in investing activities (111) (465)
Cash flows from financing activities:    
Repayments of advances under revolving credit facility, net (101) (2,073)
Proceeds from exercises of stock options 0 34
Repayments under term notes payable 0 (1,466)
Repayments under financed lease obligations (35) 0
Net cash used in financing activities (136) (3,505)
Net increase in cash 985 121
Cash at beginning of fiscal year 331 210
Cash at end of fiscal year 1,316 331
Supplemental disclosures of cash flow information:    
Interest 41 113
Income taxes 0 471
Supplemental disclosures of non-cash transactions:    
Amount owed on purchase of fixed assets 0 22
Financing on financed lease obligation 0 85
Acquisition of right-of-use asset, net and operating lease obligations, net 1,560 0
Trade in value on like-kind exchanges $ 0 $ 7