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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2021
Jun. 30, 2020
CURRENT ASSETS    
Cash $ 27,767 $ 5,416
Accounts receivable, net 9,738 11,789
Inventory 6,114 5,638
Contract asset 20 156
Prepaid and other current assets 1,459 1,287
TOTAL CURRENT ASSETS 45,098 24,286
PROPERTY, PLANT AND EQUIPMENT, net 10,843 8,740
OPERATING LEASE RIGHT OF USE ASSET 8,353 8,747
FINANCING LEASE RIGHT OF USE ASSET, net 907 387
Inventory, net of current portion 989 1,064
OTHER ASSETS 110 154
GOODWILL 6,735 6,735
INTANGIBLE ASSETS, net 2,239 2,771
DEFERRED TAX ASSET, net 157 1,252
TOTAL ASSETS 75,431 54,136
CURRENT LIABILITIES    
Accounts payable 2,922 3,291
Accrued liabilities 3,940 2,768
Operating lease liability 2,368 2,192
Financing lease liability 160 65
Current maturities of long-term debt 735 1,658
Contract liability 7,028 3,262
TOTAL CURRENT LIABILITIES 17,153 13,236
CONTRACT LIABILITY, net of current portion 1,461 705
OPERATING LEASE LIABILITY, net of current portion 6,118 6,671
FINANCING LEASE LIABILITY, net of current portion 741 337
OTHER LIABILITIES 45 104
LONG-TERM DEBT, net of current portion 3,329 3,505
TOTAL LIABILITIES 28,847 24,558
STOCKHOLDERS’ EQUITY    
Common stock, $0.01 par value per share; 40,000,000 shares authorized; 17,454,859 and 16,667,572 shares issued, respectively and 17,159,244 and 16,371,957 shares outstanding, respectively 176 168
Treasury stock, at cost, 295,615 shares repurchased (1,554) (1,554)
Additional paid-in capital 34,333 30,203
Retained earnings 13,629 761
TOTAL STOCKHOLDERS’ EQUITY 46,584 29,578
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 75,431 $ 54,136