June 30, 2021

June 30, 2020

Note payable denominated in RM for expansion plans in Malaysia, maturing in August 2024, bearing interest at the bank’s prime rate less 2.00% (3.60% and 3.85% at June 30, 2021 and June 30, 2020) per annum, respectively, with monthly payments of principal plus interest through August 2028, collateralized by the acquired building with a carrying value of $2,579 and $2,543, as at June 30, 2021 and June 30, 2020, respectively.

$

1,885

$

2,206

Financial arrangement at fixed interest rate 3.2% per annum with monthly payments of principal plus interest through July 2025

$

175

-

Total bank loans payable

2,060

2,206

Current portion of bank loans payable

428

384

Currency translation effect on current portion of bank loans

11

(14

)

Current portion of bank loans payable

439

370

Long term portion of bank loans payable

1,564

1,911

Currency translation effect on long-term portion of bank loans

57

(75

)

Long term portion of bank loans payable

$

1,621

$

1,836