TERM DEPOSITS

9 Months Ended

Mar. 31, 2019

Term Deposits

TERM DEPOSITS

	Mar. 31,  2019 (Unaudited)		June 30,  2018
Short-term deposits	$	3,615	$	606
Currency translation effect on short-term deposits		31		47
Total short-term deposits		3,646		653
Restricted term deposits		1,690		1,664
Currency translation effect on restricted term deposits		15		31
Total restricted term deposits		1,705		1,695
Total term deposits	$	5,351	$	2,348

Restricted deposits represent the amount of cash pledged to secure loans payable granted by financial institutions and serve as collateral for public utility agreements such as electricity and water. Restricted deposits are classified as non-current assets, as they relate to long-term obligations and will become unrestricted only upon discharge of the obligations. Short-term deposits represent bank deposits, which do not qualify as cash equivalents.