Note 3 - Term Deposits

3 Months Ended

Sep. 30, 2022

Notes to Financial Statements

Term Deposits [Text Block]

3.   TERM DEPOSITS

	Sept. 30,			June 30,
	2022			2022
	(Unaudited)
Short-term deposits	$	2,941		$	5,619
Currency translation effect on short-term deposits		(112	)		(199	)
Total short-term deposits		2,829			5,420
Restricted term deposits		1,680			1,746
Currency translation effect on restricted term deposits		(48	)		(68	)
Total restricted term deposits		1,632			1,678
Total term deposits	$	4,461		$	7,098

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.