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Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Dec. 31, 2023
Jun. 30, 2023
CURRENT ASSETS:    
Cash and cash equivalents $ 10,966 $ 7,583
Short-term deposits 5,791 6,627
Trade accounts receivable, less allowance for expected credit losses of $222 and $217, respectively 12,388 9,804
Other receivables 1,029 939
Inventories, less provision for obsolete inventories of $675 and $648, respectively 3,546 2,151
Prepaid expenses and other current assets 589 694
Assets held for sale 0 274
Financed sales receivable 6 16
Restricted term deposits 762 739
Total current assets 35,077 28,827
NON-CURRENT ASSETS:    
Deferred tax assets 153 100
Investment properties, net 461 474
Property, plant and equipment, net 6,601 8,344
Operating lease right-of-use assets 2,359 2,609
Other assets 169 116
Restricted term deposits 1,778 1,716
Total non-current assets 11,521 13,359
TOTAL ASSETS 46,598 42,186
Bank loans payable, net of current portion 762 877
Finance leases, net of current portion 15 42
Operating leases, net of current portion 1,240 1,511
Income taxes payable, net of current portion 141 255
Deferred tax liabilities 7 10
Other non-current liabilities 30 594
Total non-current liabilities 2,195 3,289
TOTAL LIABILITIES 15,070 12,615
CURRENT LIABILITIES:    
Lines of credit 384 0
Accounts payable 2,345 1,660
Accrued expenses 4,506 4,291
Contract liabilities 3,808 1,277
Income taxes payable 257 418
Current portion of bank loans payable 375 475
Current portion of finance leases 81 107
Current portion of operating leases 1,119 1,098
Total current liabilities 12,875 9,326
TRIO-TECH INTERNATIONAL’S SHAREHOLDERS’ EQUITY:    
Common stock, no par value, 15,000,000 shares authorized; 4,160,555 and 4,096,680 shares issued outstanding as at December 31 and June 30, 2023, respectively 13,018 12,819
Paid-in capital 5,156 5,066
Accumulated retained earnings 11,500 10,763
Accumulated other comprehensive income-translation adjustments 1,763 758
Total Trio-Tech International shareholders’ equity 31,437 29,406
Non-controlling interest 91 165
TOTAL EQUITY 31,528 29,571
TOTAL LIABILITIES AND EQUITY $ 46,598 $ 42,186