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INCOME TAXES (Tables) | 12 Months Ended
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Jun. 30, 2018
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) |  | 2018 |  |  | 2017 |
United States |  | $ | (645 | ) |  | $ | (188 | )
Canada |  |  | 1,531 |  |  |  | (339 | )
Total |  | $ | 886 |  |  | $ | (527 | )
Schedule of Effective Income Tax Rate Reconciliation [Table Text Block] | The reconciliation of income tax computed at U.S. federal statutory rates to income tax expense is as follows:
|  | Year ended June 30, |
(dollars in thousands) |  | 2018 |  |  | % of Pretax |  |  | 2017 |  |  | % of Pretax |
Tax expense (benefit) at statutory rate |  | $ | 244 |  |  |  | 27.6 | % |  | $ | (179 | ) |  |  | 34.0 | %
Valuation allowance |  |  | (1,498 | ) |  |  | (169.2 | )% |  |  | 144 |  |  |  | (27.3 | )%
Income from controlled foreign corporation |  |  | 377 |  |  |  | 42.6 | % |  |  | 33 |  |  |  | (6.3 | )%
Tax on deemed repatriation |  |  | 17 |  |  |  | 1.9 | % |  |  | - |  |  |  | 0.0 | %
Rate changes |  |  | 1,217 |  |  |  | 137.5 | % |  |  | - |  |  |  | 0.0 | %
Canadian withholding tax |  |  | 63 |  |  |  | 7.1 | % |  |  | - |  |  |  | 0.0 | %
Non-taxable investment income |  |  | (270 | ) |  |  | (30.7 | )% |  |  | (15 | ) |  |  | 2.9 | %
Nondeductible meals and entertainment |  |  | 27 |  |  |  | 3.1 | % |  |  | 20 |  |  |  | (3.8 | )%
Other |  |  | 20 |  |  |  | 2.3 | % |  |  | 14 |  |  |  | (2.7 | )%
Total tax expense |  | $ | 197 |  |  |  | 22.2 | % |  | $ | 17 |  |  |  | (3.2 | )%
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) |  | 2018 |  |  | 2017 |
Current tax expense - U.S. Federal |  | $ | 5 |  |  | $ | 6 |
Current tax expense - Non-U.S. |  |  | 142 |  |  |  | 11 |
Deferred tax expense - U.S. Federal |  |  | - |  |  |  | - |
Deferred tax expense - Non-U.S. |  |  | 50 |  |  |  | - |
Total tax expense |  | $ | 197 |  |  | $ | 17 |
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. Components of the Company’s deferred assets and liabilities are as follows:
|  | June 30, |
(dollars in thousands) |  | 2018 |  |  | 2017 |
Book/tax differences in the balance sheet |  |  |  |  |
Trading securities |  | $ | 39 |  |  | $ | 316 |
Prepaid expenses |  |  | (45 | ) |  |  | (92 | )
Accumulated depreciation |  |  | 162 |  |  |  | 166 |
Available-for-sale securities |  |  | (1,097 | ) |  |  | 228 |
Other investments |  |  | 45 |  |  |  | 355 |
Equity method investments |  |  | 13 |  |  |  | - |
Accrued expenses |  |  | 146 |  |  |  | 126 |
Product start-up costs |  |  | 60 |  |  |  | 117 |
Stock-based compensation expense |  |  | 4 |  |  |  | 6 |
Other |  |  | (73 | ) |  |  | - |
Tax Carryovers |  |  |  |  |  |  |  |
Net operating loss carryover |  |  | 1,069 |  |  |  | 1,690 |
Cumulative eligible capital carryover |  |  | - |  |  |  | 67 |
Charitable contributions carryover |  |  | 14 |  |  |  | 50 |
Capital loss carryover |  |  | 231 |  |  |  | 255 |
Valuation Allowance |  |  | (1,667 | ) |  |  | (3,284 | )
Net deferred tax liability |  | $ | (1,099 | ) |  | $ | - |

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