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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
6 Months Ended
Dec. 31, 2022
Dec. 31, 2021
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income $ 14,848,000 $ 8,789,000
Adjustments to reconcile net income to net cash provided by (used in) operating activities:    
Depreciation and amortization 928,000 884,000
Gain on disposal of fixed asset (15,000)  
Interest (income) on other investments (68,000)  
Unrealized loss (gain) on marketable securities 118,000 36,000
(Recovery of) provision for credit losses (28,000)  
Change to inventory reserve 350,000  
Deferred income taxes (994,000) 96,000
Stock based compensation expense 812,000 1,344,000
Gain on extinguishment of debt   (3,904,000)
Changes in operating assets and liabilities:    
Accounts receivable 8,261,000 4,550,000
Inventories (14,755,000) (5,287,000)
Prepaid expenses and other current assets 11,000 (207,000)
Other assets (17,000) (130,000)
Accounts payable, accrued expenses, accrued salaries and wages, accrued income taxes (8,363,000) 1,630,000
Net Cash Provided by (Used in) Operating Activities 1,088,000 7,801,000
CASH FLOWS FROM INVESTING ACTIVITIES    
Purchases of property, plant, and equipment (816,000) (771,000)
Proceeds from disposal of fixed asset 38,000  
Purchases of marketable securities and other investments (10,078,000) (40,000)
Net Cash Used in Investing Activities (10,856,000) (811,000)
CASH FLOWS FROM FINANCING ACTIVITIES    
Proceeds from stock option exercises 45,000 155,000
Net Cash Provided by Financing Activities 45,000 155,000
Net (decrease) increase in Cash and Cash Equivalents (9,723,000) 7,145,000
CASH AND CASH EQUIVALENTS - Beginning 41,730,000 34,806,000
CASH AND CASH EQUIVALENTS - Ending 32,007,000 41,951,000
SUPPLEMENTAL CASH FLOW INFORMATION    
Interest paid 8,000 8,000
Income taxes paid $ 4,469,000 $ 2,154,000