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Income Taxes (Tables)

12 Months Ended

Jun. 30, 2023

Income Tax Disclosure [Abstract]

Schedule of Components of Income Tax Expense

Schedule of Components of Income Tax Expense
		Years Ended June 30,
		2023				2022
		(In thousands)
Current:
Federal		$	–			$	–
State			294				11
Foreign			308				254
Total Current taxes		$	602			$	265
Deferred:
Federal			146				(1,805	)
State			–				(292	)
Foreign			–				–
Provision (benefit) for income taxes		$	748			$	(1,832	)

Schedule of Income before Income Tax, Domestic and Foreign

Schedule of Income before Income Tax, Domestic and Foreign
		Years Ended June 30,
		2023				2022
		(In thousands)
United States		$	(9,168	)		$	(7,829	)
Foreign			936				635
Loss before income taxes		$	(8,232	)		$	(7,194	)

Schedule of Deferred Tax Assets and Liabilities

Schedule of Deferred Tax Assets and Liabilities
		Years Ended June 30,
		2023				2022
		(In thousands)
Deferred tax assets:
Tax losses and credits		$	9,882			$	15,310
Reserves not currently deductible			2,054				1,881
Capitalized research and development expenses*			6,975				–
Deferred compensation			1,301				1,858
Inventory capitalization			2,390				1,508
Lease liabilities			2,848				2,260
Depreciation and amortization			–				130
Identified intangibles			446				–
Other			263				333
Gross deferred tax assets			26,159				23,280
Valuation allowance			(22,532	)			(20,173	)
Deferred tax assets, net			3,627				3,107
Deferred tax liabilities:
State taxes			(518	)			(404	)
Right-of-use assets			(2,676	)			(2,240	)
Identified intangibles			–				(463	)
Depreciation and amortization			(579	)			–
Deferred tax liabilities			(3,773	)			(3,107	)
Net deferred tax assets (liabilities)		$	(146	)		$	–

* As required by the 2017 Tax Cuts and Jobs Act (the “2017 Act”), research and experimental (“R&E”) expenses under Internal Revenue Code Section 174 are required to be capitalized beginning in our fiscal year ended June 30, 2023. R&E expenses are required to be amortized over five years for domestic expenses and 15 years for foreign expenses.

Schedule of Effective Income Tax Reconciliation

Schedule of Effective Income Tax Reconciliation
		Years Ended June 30,
		2023				2022
		(In thousands)
Statutory federal provision (benefit) for income taxes		$	(1,729	)		$	(1,510	)
Increase (decrease) resulting from:
Stock options			(283	)			(588	)
Other permanent differences			30				(54	)
Change in valuation allowance			2,222				(1,829	)
Global intangible low-tax income inclusion			2				4
Foreign tax rate variances			112				120
Acquisition costs			–				395
Other			394				1,630
Provision (benefit) for income taxes		$	748			$	(1,832	)

Summary of Operating Income (Loss) Carryforwards

Summary of Operating Income (Loss) Carryforwards
		June 30,
		2023
		(In thousands)
Federal		$	43,320
State		$	22,589

Summary of uncertain tax position

Summary of uncertain tax position
		Year Ended
		June 30, 2023
		(In thousands)
Balance as of June 30, 2022		$	5,652
Change in balances related to uncertain tax positions			(839	)
Balance as of June 30, 2023		$	4,813

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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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