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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited)
$ in Thousands
6 Months Ended
Dec. 31, 2019
USD ($)
Dec. 31, 2018
USD ($)
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income $ 1,656 $ 849
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 803 807
Bad debt expense 49 36
Non-cash lease expense   24
Inventory write-off 13 0
Loss on disposal of property, plant and equipment 0 18
Stock-based compensation expense 225 191
Deferred tax expense 89 179
Changes in operating assets and liabilities:    
Accounts receivable (3,067) (960)
Inventory 640 (230)
Prepaid and other assets (213) (5)
Accounts payable and accrued liabilities 614 956
Contract asset and contract liability 960 156
NET CASH PROVIDED BY OPERATING ACTIVITIES 1,769 2,021
CASH FLOWS FROM INVESTING ACTIVITIES    
Purchase of property, plant and equipment (1,236) (281)
Additions to intangible assets (65) (203)
NET CASH USED IN INVESTING ACTIVITIES (1,301) (484)
CASH FLOWS FROM FINANCING ACTIVITIES    
Total liabilities 20,407  
Proceeds from exercise of stock options 58 0
Proceeds from long-term debt 598 0
Repayments of long-term debt (258) (278)
Payments of debt issuance costs (50) 0
NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES 348 (278)
NET INCREASE IN CASH 816 1,259
CASH, beginning of period 4,512 5,155
CASH, end of period 5,328 6,414
SUPPLEMENTAL CASH FLOW DISCLOSURES:    
Income taxes paid 62 14
Interest paid on long-term debt 42 46
NON-CASH INVESTING ACTIVITIES:    
Transfer of equipment to inventory 0 205
Property, plant and equipment financed through accounts payable $ (18) $ 57