Note 18 - Business Segments

12 Months Ended

Jun. 30, 2023

Notes to Financial Statements

Segment Reporting Disclosure [Text Block]

18.  BUSINESS SEGMENTS

In Fiscal 2023, the Company operated in four segments; the testing service industry (which performs structural and electronic tests of semiconductor devices), the designing and manufacturing of equipment (assembly of equipment that tests the structural integrity of integrated circuits and other products), distribution of various products from other manufacturers in Singapore and Asia and the real estate segment in China.

The cost of equipment, current year investment in new equipment and depreciation expense are allocated into respective segments based on the primary purpose for which the equipment was acquired.

All intersegment sales were sales from the Manufacturing segment to the Testing and Distribution segment. Total intersegment sales were $517 in the year ended June 30, 2023 and $439 in the year ended June 30, 2022. Corporate assets consisted primarily of cash and prepaid expense. Corporate expense consisted primarily of stock option expense, salaries, insurance, professional expenses and directors' fees. Corporate expenses are allocated to the four segments on a predetermined fixed amount calculated based on the annual budgeted sales, except the Malaysia and China operations, which is calculated based on actual sales. The following segment information table includes segment operating income or loss after including corporate expenses allocated to the segments, which gets eliminated in the consolidation.

				Operating
	Year Ended			Income /			Total		Depr. And		Capital
	Jun. 30,	Revenue		(Loss)			Assets		Amort.		Expenditures
Manufacturing	2023	$	13,827	$	(58	)	$	13,864	$	481	$	143
	2022	$	13,526	$	275		$	14,652	$	417	$	116
Testing Services	2023		23,130		1,648			24,559		4,532		4,329
	2022		19,477		1,313			25,148		2,577		1,351
Distribution	2023		6,270		816			1,275		-		-
	2022		11,037		1,525			1,740		-		-
Real Estate	2023		23		(98	)		1,988		75		-
	2022		25		(119	)		1,608		81		1
Corporate & Unallocated	2023		-		(80	)		500		-		26
	2022		-		(641	)		273		-		-
Total Company	2023	$	43,250	$	2,228		$	42,186	$	5,088	$	4,498
	2022	$	44,065	$	2,353		$	43,421	$	3,075	$	1,468