Note 9 - Discontinued Operations

9 Months Ended

Mar. 31, 2015

Notes to Financial Statements

Disposal Groups, Including Discontinued Operations, Disclosure [Text Block]

9

. Discontinued Operations

As part of the Company’s strategy to focus on its core strengths, the Company sold its Rand Secure Data archiving business during the fiscal quarter ended September 30, 2014. Thus, the results of operations and cash flows from the data archiving business have been classified as discontinued operations for all periods presented.

During the fourth quarter of 2013, the Company disposed of its operations in Australia, Singapore and Malaysia because those divisions did not align with the current strategic direction of the Company.

The following table summarizes the financial results of the entities which have been reclassified as discontinued operations for the periods presented:

	Three months ended March 31,				Nine months ended March 31,
	2015		2014		201 5		2014
Revenues	$	—	$	577,000	$	915,000	$	1,523,000
Loss from discontinued operations, net of tax		—		528,000		684,000		1,520,000
Loss on sale of discontinued operations, net of tax		51,000		—		1,485,000		374,000