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10. Income Taxes (Tables) | 12 Months Ended
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Jun. 30, 2020
Income Tax Disclosure [Abstract] |
Schedule of Components of Income Tax Expense | The provision for income taxes consists of the following components:
|  | Years Ended June 30, |
|  | 2020 |  |  | 2019 |
|  |  | (In thousands) |
Current: |  |  |  |  |  |  |  |
Federal |  | $ | (2 | ) |  | $ | – |
State |  |  | 4 |  |  |  | 3 |
Foreign |  |  | 142 |  |  |  | 138 |
|  |  | 144 |  |  |  | 141 |
Deferred: |  |  |  |  |  |  |  |
Federal |  |  | – |  |  |  | – |
State |  |  | – |  |  |  | – |
Foreign |  |  | – |  |  |  | – |
Provision for income taxes |  | $ | 144 |  |  | $ | 141 |
Schedule of Income before Income Tax, Domestic and Foreign | The following table presents U.S. and foreign income (loss) before income taxes:
|  | Years Ended June 30, |
|  | 2020 |  |  | 2019 |
|  | (In thousands) |
United States |  | $ | (7,048 | ) |  | $ | (623 | )
Foreign |  |  | (3,546 | ) |  |  | 356 |
Loss before income taxes |  | $ | (10,594 | ) |  | $ | (267 | )
Schedule of Deferred Tax Assets and Liabilities | The tax effects of temporary differences that give rise to deferred tax assets and liabilities are as follows:
|  | Years Ended June 30, |
|  | 2020 |  |  | 2019 |
|  | (In thousands) |
Deferred tax assets: |  |  |  |  |  |  |  |
Tax losses and credits |  | $ | 20,640 |  |  | $ | 20,158 |
Reserves not currently deductible |  |  | 1,222 |  |  |  | 1,366 |
Deferred compensation |  |  | 986 |  |  |  | 383 |
Inventory capitalization |  |  | 631 |  |  |  | 481 |
Acquisition costs |  |  | – |  |  |  | 91 |
Depreciation and amortization |  |  | 790 |  |  |  | 8 |
Other |  |  | 130 |  |  |  | 151 |
Gross deferred tax assets |  |  | 24,399 |  |  |  | 22,638 |
Valuation allowance |  |  | (24,056 | ) |  |  | (22,353 | )
Deferred tax assets, net |  |  | 343 |  |  |  | 285 |
Deferred tax liabilities: |  |  |  |  |  |  |  |
State taxes |  |  | (343 | ) |  |  | (285 | )
Deferred tax liabilities |  |  | (343 | ) |  |  | (285 | )
Net deferred tax assets (liabilities) |  | $ | – |  |  | $ | – |
Schedule of Effective Income Tax Reconciliation | The following table presents a reconciliation of the provision for income taxes to taxes computed at the U.S. federal statutory rate:
|  | Years Ended June 30, |
|  | 2020 |  |  | 2019 |
|  | (In thousands) |
Statutory federal provision (benefit) for income taxes |  | $ | (2,224 | ) |  | $ | (56 | )
Increase (decrease) resulting from: |  |  |  |  |  |  |  |
Officer compensation |  |  | – |  |  |  | 10 |
Stock options |  |  | (121 | ) |  |  | (223 | )
Other permanent differences |  |  | 10 |  |  |  | 15 |
Change in valuation allowance |  |  | 1,467 |  |  |  | 289 |
Foreign tax credit |  |  | (67 | ) |  |  | (72 | )
Global intangible low-tax income inclusion |  |  | 86 |  |  |  | 76 |
Controlled foreign corporation inclusion |  |  | 4 |  |  |  | – |
Foreign tax rate variances |  |  | 886 |  |  |  | 64 |
Other |  |  | 103 |  |  |  | 38 |
Provision for income taxes |  | $ | 144 |  |  | $ | 141 |
Summary of Operating Income (Loss) Carryforwards | The following table presents our NOLs:
|  |  | June 30, |
|  |  | 2020 |
|  |  |  | (In thousands) |
Federal |  |  | $ | 92,824 |
State |  |  | $ | 14,560 |
Summary of uncertain tax position | The following table summarizes our liability for uncertain tax positions for the fiscal year ended June 30, 2020:
|  | Year Ended |
|  | June 30, 2020 |
|  |  | (In thousands) |
Balance as of June 30, 2019 |  | $ | 6,600 |
Change in balances related to uncertain tax positions |  |  | – |
Balance as of June 30, 2020 |  | $ | 6,600 |

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