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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Operating activities:    
Net income $ 2,547 $ 979
Adjustments to reconcile net income to net cash (used) provided by operating activities:    
Depreciation and amortization 2,476 2,157
Amortization of debt discount 27 28
Provision for bad debt expense 137 165
Non-cash lease expense 91 41
Stock compensation 1,320 1,194
Inventory reserve (178) (79)
Provision for deferred income taxes 424 1,041
Other (14) 84
(Increase) decrease in operating assets:    
Accounts receivable (580) 3,035
Inventories (7,790) 508
Vendor deposits (727) 130
Contract assets 328 (5,991)
Other assets (1,080) (2,262)
Increase (decrease) in operating liabilities:    
Accounts payable and accrued expenses 140 (593)
Accrued employee expenses (1,196) (246)
Customer deposits 6,310 4,498
Contract liabilities (3,232) 2,736
Net cash (used) provided by operating activities (997) 7,425
Investing activities:    
Capital expenditures (1,973) (1,436)
Cash paid for acquisitions, net of cash acquired (4,475)
Net cash used by investing activities (1,973) (5,911)
Financing activities:    
Proceeds from long-term debt 25,000 25,500
Debt repayments (22,000) (31,500)
Repurchases of common stock in satisfaction of employee tax withholding obligations (142) (346)
Issuances of common stock under employee stock purchase plan 59 21
Net cash provided (used) by financing activities 2,917 (6,325)
Net decrease in cash (53) (4,811)
Cash at beginning of period 6,057 9,789
Cash at end of period 6,004 4,978
Supplemental disclosures of cash flow information:    
Cash paid during the period for interest 238 287
Cash paid during the period for income taxes $ 261 $ 477
Supplemental disclosure of non-cash financing activities:    
Common stock issued for acquisitions 8,521