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Income Taxes (Tables)

12 Months Ended

Jun. 30, 2022

Income Tax Disclosure [Abstract]

Schedule of Components of Income Tax Expense

Schedule of Components of Income Tax Expense
		Years Ended June 30,
		2022				2021
		(In thousands)
Current:
Federal		$	–			$	8
State			11				5
Foreign			254				182
Total Current taxes		$	265			$	195
Deferred:
Federal			(1,805	)			–
State			(292	)			–
Foreign			–				–
Provision (benefit) for income taxes		$	(1,832	)		$	195

Schedule of Income before Income Tax, Domestic and Foreign

Schedule of Income before Income Tax, Domestic and Foreign
		Years Ended June 30,
		2022				2021
		(In thousands)
United States		$	(7,829	)		$	(3,294	)
Foreign			635				(555	)
Loss before income taxes		$	(7,194	)		$	(3,849	)

Schedule of Deferred Tax Assets and Liabilities

Schedule of Deferred Tax Assets and Liabilities
		Years Ended June 30,
		2022				2021
		(In thousands)
Deferred tax assets:
Tax losses and credits		$	15,310			$	20,281
Reserves not currently deductible			1,881				1,537
Deferred compensation			1,858				1,579
Inventory capitalization			1,508				748
Lease liabilities			2,260				459
Depreciation and amortization			130				1,572
Other			333				285
Gross deferred tax assets			23,280				26,461
Valuation allowance			(20,173	)			(25,588	)
Deferred tax assets, net			3,107				873
Deferred tax liabilities:
State taxes			(404	)			(388	)
Right-of-use assets			(2,240	)			(485	)
Identified intangibles			(463	)			–
Deferred tax liabilities			(3,107	)			(873	)
Net deferred tax assets (liabilities)		$	–			$	–

Schedule of Effective Income Tax Reconciliation

Schedule of Effective Income Tax Reconciliation
		Years Ended June 30,
		2022				2021
		(In thousands)
Statutory federal provision (benefit) for income taxes		$	(1,510	)		$	(809	)
Increase (decrease) resulting from:
Stock options			(588	)			(320	)
Other permanent differences			(54	)			(9	)
Change in valuation allowance			(1,829	)			1,285
Foreign tax credit			–				(84	)
Global intangible low-tax income inclusion			4				82
Foreign tax rate variances			120				299
Acquisition costs			395				53
Other			1,630				(302	)
Provision (benefit) for income taxes		$	(1,832	)		$	195

Summary of Operating Income (Loss) Carryforwards

Summary of Operating Income (Loss) Carryforwards
		June 30,
		2022
		(In thousands)
Federal		$	70,456
State		$	14,861

Summary of uncertain tax position

Summary of uncertain tax position
		Year Ended
		June 30, 2022
		(In thousands)
Balance as of June 30, 2021		$	6,639
Change in balances related to uncertain tax positions			(987	)
Balance as of June 30, 2022		$	5,652

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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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Tabular disclosure of the reconciliation using percentage or dollar amounts of the reported amount of income tax expense attributable to continuing operations for the year to the amount of income tax expense that would result from applying domestic federal statutory tax rates to pretax income from continuing operations.

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Tabular disclosure of income before income tax between domestic and foreign jurisdictions.

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Tabular disclosure of pertinent information, such as tax authority, amounts, and expiration dates, of net operating loss carryforwards, including an assessment of the likelihood of utilization.

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Tabular disclosure of unrecognized tax benefits for which a material change is reasonably possible in the next twelve months, typically including the nature of the uncertainty, the event(s) that could cause a material change, and an estimate of the range of the reasonably possible change or a statement that an estimate of the range cannot be made. An unrecognized tax benefit is the difference between a tax position taken in a tax return and the amounts recognized in the financial statements for which it is more likely than not, based on the technical merits of the position, that the tax position will not be sustained upon examination.

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