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INCOME TAXES (Tables) | 12 Months Ended
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Jun. 30, 2019
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) |  | 2019 |  |  | 2018 |
United States |  | $ | (1,613 | ) |  | $ | (645 | )
Canada |  |  | (2,803 | ) |  |  | 1,531 |
Total |  | $ | (4,416 | ) |  | $ | 886 |
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:
(dollars in thousands) |  | 2019 |  |  | % of Pretax |  |  | 2018 |  |  | % of Pretax |
Tax expense (benefit) at statutory rate |  | $ | (927 | ) |  |  | 21.0 | % |  | $ | 244 |  |  |  | 27.6 | %
Tax benefit from change in foreign unrealized gain |  |  | (679 | ) |  |  | 15.4 | % |  |  | - |  |  |  | 0.0 | %
Change in valuation allowance |  |  | 394 |  |  |  | (8.9 | )% |  |  | (1,498 | ) |  |  | (169.2 | )%
Rate difference on foreign deferred income |  |  | 327 |  |  |  | (7.4 | )% |  |  | 13 |  |  |  | 1.5 | %
Rate difference on foreign income |  |  | (154 | ) |  |  | 3.5 | % |  |  | (16 | ) |  |  | (1.8 | )%
Nondeductible meals and entertainment |  |  | 13 |  |  |  | (0.3 | )% |  |  | 27 |  |  |  | 3.1 | %
Canadian withholding tax |  |  | 5 |  |  |  | (0.1 | )% |  |  | 63 |  |  |  | 7.1 | %
Income from controlled foreign corporation |  |  | 5 |  |  |  | (0.1 | )% |  |  | 377 |  |  |  | 42.6 | %
Non-taxable investment income |  |  | (3 | ) |  |  | 0.1 | % |  |  | (284 | ) |  |  | (32.2 | )%
Tax on deemed repatriation |  |  | - |  |  |  | 0.0 | % |  |  | 17 |  |  |  | 1.9 | %
Rate changes |  |  | - |  |  |  | 0.0 | % |  |  | 1,217 |  |  |  | 137.5 | %
Other |  |  | 42 |  |  |  | (1.1 | )% |  |  | 37 |  |  |  | 4.1 | %
Total tax expense (benefit) |  | $ | (977 | ) |  |  | 22.1 | % |  | $ | 197 |  |  |  | 22.2 | %
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) |  | 2019 |  |  | 2018 |
Current tax expense - U.S. Federal |  | $ | 4 |  |  | $ | 5 |
Current tax expense (benefit) - Non-U.S. |  |  | (15 | ) |  |  | 142 |
Deferred tax expense - U.S. Federal |  |  | - |  |  |  | - |
Deferred tax expense (benefit) - Non-U.S. |  |  | (966 | ) |  |  | 50 |
Total tax expense (benefit) |  | $ | (977 | ) |  | $ | 197 |
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) |  | 2019 |  |  | 2018 |
Book/tax differences in the balance sheet |  |  |  |  |  |  |  |
Investments in securities at fair value |  | $ | (99 | ) |  | $ | (1,058 | )
Prepaid expenses |  |  | (45 | ) |  |  | (45 | )
Accumulated depreciation |  |  | 169 |  |  |  | 162 |
Other investments |  |  | (124 | ) |  |  | 45 |
Equity method investments |  |  | (6 | ) |  |  | 13 |
Accrued expenses |  |  | 78 |  |  |  | 146 |
Product start-up costs |  |  | 60 |  |  |  | 60 |
Stock-based compensation expense |  |  | 4 |  |  |  | 4 |
Other |  |  | (59 | ) |  |  | (73 | )
Tax Carryovers |  |  |  |  |  |  |  |
Net operating loss carryover |  |  | 1,693 |  |  |  | 1,069 |
Charitable contributions carryover |  |  | 8 |  |  |  | 14 |
Capital loss carryover |  |  | 249 |  |  |  | 231 |
Valuation Allowance |  |  | (2,061 | ) |  |  | (1,667 | )
Net deferred tax liability |  | $ | (133 | ) |  | $ | (1,099 | )

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