Note 17 - Business Segments

12 Months Ended

Jun. 30, 2022

Notes to Financial Statements

Segment Reporting Disclosure [Text Block]

17. BUSINESS SEGMENTS

In Fiscal 2022, 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 cost of equipment, current year investment in new equipment and depreciation expense are allocated into respective segments based on 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 $439 in the year ended June 30, 2022 and $410 in the year ended June 30, 2021. Corporate assets consisted primarily of cash and prepaid expense. Corporate expense consisted primarily of stock option expense, 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.

Business Segment Information:
	Year			Operating					Depr.
	Ended	Net		Income			Total		and		Capital
	June 30,	Revenue		(Loss)			Assets		Amort.		Expenditures
Manufacturing	2022	$	13,526	$	275		$	14,652	$	417	$	116
	2021	$	13,151	$	385		$	13,622	$	411	$	350
Testing Services	2022		19,477		1,313			25,148		2,577		1,351
	2021		13,846		(997	)		21,099		2,570		762
Distribution	2022		11,037		1,525			1,740		-		-
	2021		5,437		657			1,156		4		-
Real Estate	2022		25		(119	)		1,608		81		1
	2021		28		(116	)		2,070		74		-
Fabrication	2022		-		-			-		-		-
Services*	2021		-		-			-		-		-
Corporate &	2022		-		(641	)		273		-
Unallocated	2021		-		10			359		-
Total Company	2022	$	44,065	$	2,353		$	43,421	$	3,075	$	1,468
	2021	$	32,462	$	(61	)	$	38,306	$	3,059	$	1,112

* Fabrication services is a discontinued operation.