401(k) Plan

6 Months Ended

Dec. 31, 2022

401(k) Plan

401(k) Plan

NOTE 11 - 401(k) Plan

The Company maintains a 401(k) plan (“the Plan”) that is available to all U.S. non-union employees with and is qualified under Sections 401(a) and 401(k) of the Internal Revenue Code. Company contributions to this plan are discretionary and totaled $61,000 and $123,000 for the three and six months ended December 31, 2022. Company contributions to this plan are discretionary and totaled $37,000 and $73,000 for the six months ended December 31, 2021.