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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Cash Flow from Operating Activities    
Net income $ 824 $ 201
Adjustments to reconcile net income to net cash flow provided by operating activities    
Depreciation and amortization 2,240 2,294
Bad debt expenses, net (28) 706
Inventory recovery (36) (76)
Warranty expense, net 49 (2)
Accrued interest expense, net accrued interest income 73 $ 28
Impairment loss 70
Contribution to capital - payable forgiveness 9
(Gain) / loss on sale of property, plant & equipment (99) $ 10
Stock compensation 106 216
Deferred tax provision 89 (176)
Changes in operating assets and liabilities    
Accounts receivables 875 (198)
Other receivables (74) 1,474
Other assets 158 (1,029)
Inventories (47) 1,443
Prepaid expenses and other current assets (50) 153
Accounts payable and accrued liabilities (151) (972)
Income tax payable 83 (243)
Other non-current liabilities (1) 30
Net Cash Provided by Operating Activities 4,090 $ 3,860
Cash Flow from Investing Activities    
Proceeds from maturing of unrestricted and restricted term deposits, net 1,165
Additions to property, plant and equipment (2,694) $ (3,090)
Investments in restricted and un-restricted deposits (1)
Proceeds from disposal of property and equipment 438 $ 31
Net Cash used in Investing Activities (1,092) (3,059)
Cash Flow from Financing Activities    
(Repayment) / borrowing on lines of credit (1,894) (79)
Dividends paid on non-controlling interest (6) (312)
Repayment of bank loans and capital leases $ (721) (1,065)
Proceeds from exercising stock options 351
Proceeds from long-term bank loans $ 934 524
Net cash Used in financing activities (1,687) (581)
Effect of Changes in Exchange Rate (538) (76)
NET INCREASE IN CASH AND CASH EQUIVALENTS 773 145
CASH AND CASH EQUIVALENTS, BEGINNING OF YEAR 2,938 2,793
CASH AND CASH EQUIVALENTS, END OF YEAR 3,711 2,938
Supplementary Information of Cash Flows    
Cash paid during the period for Interest 247 262
Cash paid during the period for Income taxes 31 47
Non-Cash Transactions    
Capital lease of property, plant and equipment $ 566 $ 67