BUSINESS SEGMENTS

12 Months Ended

Jun. 30, 2021

Segment Reporting [Abstract]

BUSINESS SEGMENTS

In fiscal year 2021, the Company operated in four segments; the testing service industry (which performs structural and electronic tests of semiconductor devices), the designing and manufacturing of equipment (assembly of equipment that tests the structural integrity of integrated circuits and other products), distribution of various products from other manufacturers in Singapore and Asia and the real estate segment in China.

The revenue allocated to individual countries was based on where the customers were located. The allocation of the cost of equipment, the current year investment in new equipment and depreciation expense have been made on the basis of the primary purpose for which the equipment was acquired.

All intersegment sales were sales from the manufacturing segment to the testing and distribution segment. Total intersegment sales were $410 in fiscal year 2021 and $816 in fiscal year 2020. Corporate assets mainly consisted of cash and prepaid expenses. Corporate expenses mainly consisted of stock option expenses, salaries, insurance, professional expenses and directors' fees. Corporate expenses are allocated to the four segments on a predetermined fixed amount calculated based on the annual budgeted sales, except the Malaysia operation, which is calculated based on actual sales. The following segment information table includes segment operating income or loss after including corporate expenses allocated to the segments, which gets eliminated in the consolidation.

	Year			Operating					Depr.
	Ended	Net		Income			Total		and		Capital
	June 30,	Revenue		(Loss)			Assets		Amort.		Expenditures
Manufacturing	2021	$	13,151	$	376		$	13,622	$	411	$	350
	2020	$	11,605	$	(326	)	$	9,807	$	346	$	134
Testing Services	2021		13,846		(997	)		21,099		2,570		762
	2020		14,840		(1,040	)		21,086		2,578		834
Distribution	2021		5,437		657			1,156		4		-
	2020		7,958		751			875		100		-
Real Estate	2021		28		(116	)		2,070		74
	2020		62		(97	)		3,587		76
Fabrication	2021		-		-			-		-		-
Services*	2020		-		-			27		-		-
Corporate &	2021		-		(10	)		359		-
Unallocated	2020 (Restated)		-		(235	)		278		-
Total Company	2021	$	32,462	$	(70	)	$	38,306	$	3,059	$	1,112
	2020	$	34,465	$	(947	)	$	35,660	$	3,100	$	1,017

* Fabrication services is a discontinued operation.