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Note 3 - Term Deposits
9 Months Ended
Mar. 31, 2022
Notes to Financial Statements  
Term Deposits [Text Block]

3.   TERM DEPOSITS

 

  

Mar. 31,

2022

(Unaudited)

  

June 30,

2021

 
         

Short-term deposits

 $4,961  $6,353 

Currency translation effect on short-term deposits

  (8)  298 

Total short-term deposits

  4,953   6,651 

Restricted term deposits

  1,736   1,682 

Currency translation effect on restricted term deposits

  (1)  59 

Total restricted term deposits

  1,735   1,741 

Total term deposits

 $6,688  $8,392 

 

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 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.