June 30, 2022

June 30, 2021

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% (3.791% and 3.60% at June 30, 2022, and June 30, 2021) per annum, respectively, with monthly payments of principal plus interest through August 2028, collateralized by the acquired building with a carrying value of $2,372 and $2,579, at June 30, 2022, and June 30, 2021, respectively.

$

1,392

$

1,885

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

$

128

$

175

Financial arrangement at fixed interest rate 3.0% per annum with monthly payments of principal plus interest through December 2026

$

224

-

Total bank loans payable

1,744

2,060

Current portion of bank loans payable

503

428

Currency translation effect on current portion of bank loans

(31

)

11

Current portion of bank loans payable

472

439

Long-term portion of bank loans payable

1,357

1,564

Currency translation effect on long-term portion of bank loans

(85

)

57

Long-term portion of bank loans payable

$

1,272

$

1,621