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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (IN THOUSANDS) - USD ($)
$ in Thousands
3 Months Ended 12 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Jun. 30, 2016
Cash Flow from Operating Activities      
Net income $ 347 $ 377 $ 1,061
Adjustments to reconcile net income to net cash flow provided by operating activities      
Depreciation and amortization 464 484  
Stock compensation 1 4  
Inventory reversal (3) (51)  
Bad debt provision 61 0  
Accrued interest expense, net accrued interest income 54 33  
Write-off of property, plant and equipment 0 2  
Warranty recovery, net (8) (3)  
Deferred tax benefit 31 (5)  
Changes in operating assets and liabilities      
Trade accounts receivable 656 (75)  
Other receivables 242 11  
Other assets (35) 18  
Inventories 275 (52)  
Prepaid expenses and other current assets (49) (62)  
Accounts payable and accrued liabilities 458 49  
Income tax payable (28) (39)  
Other non-current liabilities 0 (3)  
Net Cash Provided by Operating Activities 2,466 688  
Cash Flow from Investing Activities      
Proceeds from maturing of restricted and un-restricted term deposits 0 38  
Investments in restricted & un-restricted deposits (421) 0  
Additions to property, plant and equipment (361) (254)  
Proceeds from disposal of plant, property, and equipment 0 19  
Net Cash used in Investing Activities (782) (197)  
Cash Flow from Financing Activities      
Repayments on lines of credit (2,897) (2,647)  
Repayment of bank loans and capital leases (189) (169)  
Proceeds from long-term bank loans 1,917 3,087  
Net Cash (Used in) / Provided by Financing Activities (1,169) 271  
Effect of Changes in Exchange Rate (106) (472)  
NET INCREASE IN CASH 409 290  
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD 3,807 3,711 3,711
CASH AND CASH EQUIVALENTS, END OF PERIOD 4,216 4,001 $ 3,807
Supplementary Information of Cash Flows      
Cash paid during the period for Interest 49 53  
Cash paid during the period for Income taxes 56 91  
Non-Cash Transactions      
Capital lease of property, plant and equipment $ 0 $ 0