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10. Income Taxes (Tables)

12 Months Ended

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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Tabular disclosure of the components of income tax expense attributable to continuing operations for each year presented including, but not limited to: current tax expense (benefit), deferred tax expense (benefit), investment tax credits, government grants, the benefits of operating loss carryforwards, tax expense that results from allocating certain tax benefits either directly to contributed capital or to reduce goodwill or other noncurrent intangible assets of an acquired entity, adjustments of a deferred tax liability or asset for enacted changes in tax laws or rates or a change in the tax status of the entity, and adjustments of the beginning-of-the-year balances of a valuation allowance because of a change in circumstances that causes a change in judgment about the realizability of the related deferred tax asset in future years.

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Tabular disclosure of the components of net deferred tax asset or liability recognized in an entity's statement of financial position, including the following: the total of all deferred tax liabilities, the total of all deferred tax assets, the total valuation allowance recognized for deferred tax assets.

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