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TERM DEPOSITS
3 Months Ended
Sep. 30, 2019
Deposits [Abstract]  
TERM DEPOSITS
   

Sep. 30,

 2019

(Unaudited)

   

June 30,

 2019

 
             
Short-term deposits   $ 5,322     $ 4,143  
Currency translation effect on short-term deposits     (100 )     1  
Total short-term deposits     5,222       4,144  
Restricted term deposits     1,708       1,701  
Currency translation effect on restricted term deposits     (34 )     5  
Total restricted term deposits     1,674       1,706  
Total term deposits   $ 6,896     $ 5,850  

 

Restricted deposits represent the amount of cash pledged to secure loans payable to financial institutions and serve as collateral for public utility agreements such as electricity and water and performance bonds related to customs duty payable. 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.