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CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2021
Jun. 30, 2020
CURRENT ASSETS    
Cash $ 11,216 $ 5,416
Accounts receivable, net 23,415 11,789
Inventory 4,378 5,638
Contract asset 37 156
Prepaid and other current assets 446 1,287
TOTAL CURRENT ASSETS 39,492 24,286
PROPERTY, PLANT AND EQUIPMENT, net 10,952 8,740
OPERATING LEASE RIGHT OF USE ASSET 8,407 8,747
FINANCING LEASE RIGHT OF USE ASSET, net 647 387
INVENTORY, net of current portion 988 1,064
OTHER ASSETS 110 154
GOODWILL 6,735 6,735
INTANGIBLE ASSETS, net 2,390 2,771
DEFERRED TAX ASSET 0 1,252
TOTAL ASSETS 69,721 54,136
CURRENT LIABILITIES    
Accounts payable 3,550 3,291
Accrued liabilities 3,044 2,768
Operating lease liability 2,398 2,192
Financing lease liability 115 65
Current maturities of long-term debt 2,836 1,658
Contract liability 6,877 3,262
TOTAL CURRENT LIABILITIES 18,820 13,236
CONTRACT LIABILITY, net of current portion 1,692 705
OPERATING LEASE LIABILITY, net of current portion 6,150 6,671
FINANCING LEASE LIABILITY, net of current portion 537 337
OTHER LIABILITIES 54 104
DEFERRED TAX LIABILITY 32 0
LONG-TERM DEBT, net of current portion 3,616 3,505
TOTAL LIABILITIES 30,901 24,558
COMMITMENTS AND CONTINGENCIES
STOCKHOLDERS' EQUITY    
Common stock, $0.01 par value per share; 40,000,000 shares authorized; 16,882,033 and 16,667,572 shares issued, respectively and 16,586,418 and 16,371,957 shares outstanding, respectively 171 168
Treasury stock, at cost, 295,615 shares repurchased (1,554) (1,554)
Additional paid-in capital 31,657 30,203
Retained earnings 8,546 761
TOTAL STOCKHOLDERS' EQUITY 38,820 29,578
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 69,721 $ 54,136