TERM DEPOSITS

12 Months Ended

Jun. 30, 2021

Deposits [Abstract]

TERM DEPOSITS

	June 30,  2021		June 30,  2020
Short-term deposits	$	6,353	$	7,028
Currency translation effect on short-term deposits		298		(190	)
Total short-term deposits		6,651		6,838
Restricted term deposits		1,682		1,712
Currency translation effect on restricted term deposits		59		(52	)
Total restricted term deposits		1,741		1,660
Total term deposits	$	8,392	$	8,498

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 and performance bonds related to customs duty payable. Restricted term deposits are classified as noncurrent 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.