INCOME TAXES (Tables)

12 Months Ended

Jun. 30, 2021

Income Tax Disclosure [Abstract]

Income before provision for income taxes

	For the Year Ended June 30,
	2021			2020
United States		(53	)		(740	)
International		(846	)		1,847
Total	$	(899	)	$	1,107

Components of income tax provision (benefits)

	For the Year Ended June 30,
	2021			2020
Current:
Federal	$	13		$	(1	)
State		2			2
Foreign		352			212
	$	367		$	213
Deferred:
Federal	$	-		$	-
State		-			-
Foreign		(139	)		(225	)
		(139	)		(225	)
Total provisions	$	228		$	(12	)

Reconciliation of income tax rate

	For the Year Ended June 30,
	2021			2020
Statutory federal tax rate		21.00	%		21.00	%
State taxes, net of federal benefit		(0.41	)		(0.50	)
Permanent items and credits		4.1			13.95
Foreign rate differential		74.02			(33.86	)
Other		0.67			2.14
Changes in valuation allowance		(74.02	)		(3.73	)
Tax reform related to one-time repatriation tax		-			-
Effective rate		25.36	%		(1.00	)%

Deferred income tax assets (liabilities)

	For the Year Ended June 30,
Deferred tax assets:	2021		2020
Net operating losses and credits	$	782	$	487
Inventory valuation		144		121
Provision for bad debts		-		785
Accrued vacation		12		37
Accrued expenses		134		188
Fixed asset basis		3		1
Investment in subsidiaries		77		277
Unrealized gain		4		24
Other		12		51
Total deferred tax assets	$	1,168	$	1,971

Deferred tax liabilities:
Depreciation		(329	)		(359	)
Others		(-)			(76	)
Total deferred income tax liabilities	$	(329	)	$	(435	)
Subtotal		839			1,536
Valuation allowance		(622	)		(1,289	)
Net deferred tax assets	$	217		$	247
Presented as follows in the balance sheets:
Deferred tax assets		217			247
Deferred tax liabilities		-			-
Net deferred tax assets	$	217		$	247