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Income Taxes (Tables)

12 Months Ended

Jun. 30, 2025

Income Tax Disclosure [Abstract]

Schedule of components of income tax expense

Schedule of components of income tax expense
		Years Ended June 30,
		2025				2024
		(In thousands)
Current:
Federal		$	–			$	–
State			28				380
Foreign			(260	)			332
Total Current taxes		$	(232	)		$	712
Deferred:
Federal			(7	)			33
State			–				–
Foreign			–				–
Provision for (benefit from) income taxes		$	(239	)		$	745

Schedule of income before income taxes

Schedule of income before income taxes
		Years Ended June 30,
		2025				2024
		(In thousands)
United States		$	(12,786	)		$	(4,655	)
Foreign			1,174				884
Loss before income taxes		$	(11,612	)		$	(3,771	)

Schedule of deferred tax assets and liabilities

Schedule of deferred tax assets and liabilities
		Years Ended June 30,
		2025				2024
		(In thousands)
Deferred tax assets:
Tax losses and credits		$	9,492			$	8,984
Reserves not currently deductible			2,673				2,738
Capitalized research and development expenses			8,987				7,511
State taxes			33				–
Deferred compensation			356				1,509
Inventory capitalization			2,235				2,570
Lease liabilities			2,060				2,299
Depreciation and amortization			108				172
Identified intangibles			1,572				1,172
Other			120				98
Gross deferred tax assets			27,636				27,053
Valuation allowance			(26,002	)			(24,731	)
Deferred tax assets, net			1,634				2,322
Deferred tax liabilities:
State taxes			–				(395	)
Right-of-use assets			(1,806	)			(2,106	)
Deferred tax liabilities			(1,806	)			(2,501	)
Net deferred tax assets (liabilities)		$	(172	)		$	(179	)

Schedule of effective income tax reconciliation

Schedule of effective income tax reconciliation
		Years Ended June 30,
		2025				2024
		(In thousands)
Statutory federal provision (benefit) for income taxes		$	(2,439	)		$	(792	)
Increase (decrease) resulting from:
State taxes			28				176
Stock options			568				431
Other permanent differences			218				–
Expiration of R&D Credits			839				673
Uncertain tax position			(1,211	)			(523	)
Change in valuation allowance			1,271				349
Change in state tax rate			308				261
Global intangible low-tax income inclusion			143				–
Foreign tax rate variances			(72	)			120
Other			108				50
Provision for (benefit from) income taxes		$	(239	)		$	745

Schedule of uncertain tax position

Schedule of uncertain tax position
		Year Ended
		June 30, 2025
		(In thousands)
Balance as of June 30, 2024		$	4,289
Change in balances related to uncertain tax positions			(1,211	)
Balance as of June 30, 2025		$	3,078

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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.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 9
-Publisher FASB
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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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-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
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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.

+ References

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-Topic 740
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-Name Accounting Standards Codification
-Section 55
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-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482663/740-10-55-231

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

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-Section S50
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