OTHER ASSETS, NET

12 Months Ended

Jun. 30, 2019

OTHER ASSETS, NET

OTHER ASSETS, NET

NOTE 9 – OTHER ASSETS, NET

Other assets consist of the following as of June 30:

	2019		2018
Accounts receivable, net	$	852,000	$	1,843,000
Prepaid expenses		747,000		490,000
Miscellaneous assets, net		763,000		1,159,000
Tax Refund Receivable		—		1,693,000
Total other assets	$	2,362,000	$	5,185,000

As mentioned in Note 6 – Investment in Marketable Securities, the Company had realized loss of $6,007,000 in fiscal year ended June 30, 2018 related to the sale of common stock of Comstock. During fiscal year 2019, the Company filed a carry back claim to carry back this loss to fiscal year ended June 30, 2015. The carry back claim generated a federal income tax refund of approximately $1,860,000 which is included in other assets in the consolidated balance sheet as of June 30, 2018. The $1,860,000 refund was received in March 2019.