XML 22 R8.htm IDEA: XBRL DOCUMENT v3.5.0.2
CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 12 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Jun. 30, 2014
Cash Flows from Operating Activities:      
Net loss $ (3,703) $ (3,976) $ (963)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:      
Depreciation and amortization 316 327 259
Net recognized loss on disposal of fixed assets 3 26 26
Net recognized gain on securities (13) (313) (878)
Gain on acquisition of Galileo 0 0 (290)
Net income from equity method investment 0 0 (20)
Provision for deferred taxes 0 807 387
Stock bonuses 12 12 11
Stock-based compensation expense 0 0 1
Changes in operating assets and liabilities:      
Accounts receivable 1,046 655 (634)
Prepaid expenses 63 86 109
Trading securities 5,509 2,176 (13,222)
Accounts payable and accrued expenses (200) (472) 25
Total adjustments 6,736 3,304 (14,226)
Net cash provided by (used in) operating activities 3,033 (672) (15,189)
Cash Flows from Investing Activities:      
Purchase of property and equipment (13) (40) (30)
Cash acquired in excess of payment to acquire Galileo shares 0 0 1,236
Purchase of available-for-sale securities (155) (186) (1,317)
Purchase of other investments (751) (1,000) (1,187)
Payment to acquire note receivable (2,000) 0 0
Proceeds on sale of available-for-sale securities 1,386 795 5,305
Proceeds from other investment 751 5 0
Return of capital on investments 136 36 43
Net cash provided by (used in) investing activities (646) (390) 4,050
Cash Flows from Financing Activities:      
Increase in restricted cash (1,000) 0 0
Issuance of common stock 59 121 156
Repurchases of common stock (313) (292) (289)
Distributions to non-controlling interests in subsidiary 0 (27) 0
Dividends paid (574) (924) (928)
Net cash used in financing activities (1,828) (1,122) (1,061)
Effects of foreign currency translation (73) (219) 25
Net increase (decrease) in cash and cash equivalents 486 (2,403) (12,175)
Beginning cash and cash equivalents 3,507 5,910 18,085
Ending cash and cash equivalents 3,993 3,507 5,910
Supplemental Disclosures of Cash Flow Information      
Cash paid for income taxes $ 49 $ 8 $ 0