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INCOME TAXES (Tables)

12 Months Ended

Jun. 30, 2017

Income Tax Disclosure [Abstract]

Schedule of Income before Income Tax, Domestic and Foreign [Table Text Block]

The Company’s components of income (loss) before tax by jurisdiction are as follows:

		Year ended June 30,
(dollars in thousands)		2017				2016				2015
United States		$	(188	)		$	(3,496	)		$	(3,400	)
Canada			(339	)			(213	)			246
Total		$	(527	)		$	(3,709	)		$	(3,154	)

Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]

The reconciliation of income tax computed for continuing operations at the U.S. federal statutory rates to income tax expense is as follows:

		Year ended June 30,
(dollars in thousands)		2017				% of Pretax				2016				% of Pretax				2015				% of Pretax
Tax expense (benefit) at statutory rate - continuing operations		$	(179	)			34.0	%		$	(1,255	)			34.0	%		$	(1,045	)			34.0	%
Valuation allowance			144				(27.3	)%			1,067				(28.9	)%			1,857				(60.4	)%
Income from controlled foreign corporation			33				(6.3	)%			51				(1.4	)%			-				0.0	%
Other			19				(3.6	)%			131				(3.6	)%			10				(0.3	)%
Total tax expense (benefit) - continuing operations		$	17				(3.2	)%		$	(6	)			0.1	%		$	822				(26.7	)%

Schedule of Components of Income Tax Expense (Benefit) [Table Text Block]

Components of total tax expense (benefit) are as follows:

		Year ended June 30,
(dollars in thousands)		2017				2016				2015
Continuing Operations
Current tax expense (benefit)  - U.S. Federal		$	6			$	-			$	(21	)
Current tax expense (benefit)  - Non-U.S.			11				(6	)			36
Deferred tax expense - U.S. Federal			-				-				807
Total tax expense (benefit) - continuing operations			17				(6	)			822
Discontinued Operations
Current tax benefit - U.S. Federal			-				-				-
Total tax expense (benefit)		$	17			$	(6	)		$	822

Schedule of Deferred Tax Assets and Liabilities [Table Text Block]

Deferred income taxes reflect the net tax effects of temporary differences between the carrying amount of assets and liabilities for financial reporting purposes and the amounts used for income tax purposes. The Company’s deferred assets and liabilities using the effective U.S. statutory tax rate are as follows:

		Year ended June 30,
(dollars in thousands)		2017				2016
Book/tax differences in the balance sheet
Trading securities		$	316			$	321
Prepaid expenses			(92	)			(73	)
Accumulated depreciation			166				142
Available-for-sale securities			228				436
Other investments			355				83
Accrued expenses			126				99
Product start-up costs			117				63
Stock-based compensation expense			6				6
Tax Carryovers
Net operating loss carryover			1,690				1,953
Cumulative eligible capital carryover			67				67
Charitable contributions carryover			50				43
Capital loss carryover			255				-
Valuation Allowance			(3,284	)			(3,140	)
Net deferred tax asset		$	-			$	-

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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/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 50
-Paragraph 9
-URI http://asc.fasb.org/extlink&oid=84230637&loc=d3e32639-109319

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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.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=84230637&loc=d3e32537-109319

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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

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 50
-Paragraph 12
-URI http://asc.fasb.org/extlink&oid=84230637&loc=d3e32687-109319

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

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 235
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08.(h)(1)(i))
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