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Note 13 - Income Taxes (Tables) | 12 Months Ended
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Jun. 30, 2024
Notes Tables |
Schedule of Income before Income Tax, Domestic and Foreign [Table Text Block] |
|  | Year ended June 30, |
(dollars in thousands) |  | 2024 |  |  | 2023 |
United States |  | $ | 1,670 |  |  | $ | 4,114 |
Canada |  |  | 245 |  |  |  | (31 | )
Total |  | $ | 1,915 |  |  | $ | 4,083 |
Schedule of Effective Income Tax Rate Reconciliation [Table Text Block] |
|  | Year ended June 30, |
|  |  |  |  |  | % of |  |  |  |  |  |  | % of |
(dollars in thousands) |  | 2024 |  |  | Pretax |  |  | 2023 |  |  | Pretax |
Tax expense at statutory rate |  | $ | 402 |  |  |  | 21.0 | % |  | $ | 857 |  |  |  | 21.0 | %
State and local income taxes, net of federal tax benefit |  |  | 117 |  |  |  | 6.1 | % |  |  | 131 |  |  |  | 3.2 | %
Income from controlled foreign corporation |  |  | 56 |  |  |  | 2.9 | % |  |  | 7 |  |  |  | 0.2 | %
Other |  |  | 7 |  |  |  | 0.4 | % |  |  | (61 | ) |  |  | (1.5 | )%
Total tax expense |  | $ | 582 |  |  |  | 30.4 | % |  | $ | 934 |  |  |  | 22.9 | %
Schedule of Components of Income Tax Expense (Benefit) [Table Text Block] |
|  | Year ended June 30, |
(dollars in thousands) |  | 2024 |  |  | 2023 |
Current tax expense (benefit) - U.S. |  | $ | 48 |  |  | $ | 1,245 |
Current tax expense (benefit) - State U.S. |  |  | 117 |  |  |  | 131 |
Current tax expense (benefit) - non-U.S. |  |  | 82 |  |  |  | (2 | )
Deferred tax expense (benefit) - U.S. |  |  | 329 |  |  |  | (442 | )
Deferred tax expense (benefit) - non-U.S. |  |  | 6 |  |  |  | 2 |
Total tax expense (benefit) |  | $ | 582 |  |  | $ | 934 |
Schedule of Deferred Tax Assets and Liabilities [Table Text Block] |
|  | June 30, |
(dollars in thousands) |  | 2024 |  |  | 2023 |
Deferred Income Tax Assets: |  |  |  |  |  |  |  |
Accumulated depreciation |  | $ | 126 |  |  | $ | 117 |
Investments in securities at fair value |  |  | 857 |  |  |  | 1,604 |
Accrued expenses |  |  | 66 |  |  |  | 218 |
Product start-up costs |  |  | 103 |  |  |  | 99 |
Share-based compensation expense |  |  | 162 |  |  |  | 162 |
Other |  |  | 67 |  |  |  | 40 |
Net operating loss carryover |  |  | - |  |  |  | 24 |
Capital loss carryover |  |  | 786 |  |  |  | - |
Subtotal Deferred Tax Assets |  |  | 2,167 |  |  |  | 2,264 |
Valuation Allowance |  |  | - |  |  |  | (24 | )
Total Deferred Tax Assets |  |  | 2,167 |  |  |  | 2,240 |
Deferred Income Tax Liabilities: |  |  |  |  |  |  |  |
Investments in securities at fair value |  | $ | - |  |  | $ | (4 | )
Prepaid expenses |  |  | (82 | ) |  |  | (77 | )
Foreign tax on undistributed earnings |  |  | (252 | ) |  |  | (243 | )
Total Deferred Tax Liabilities |  |  | (334 | ) |  |  | (324 | )
Net Deferred Tax Asset |  | $ | 1,833 |  |  | $ | 1,916 |
Schedule of Unrecognized Tax Benefits Roll Forward [Table Text Block] |
|  | Year ended June 30, |
(dollars in thousands) |  | 2024 |  |  | 2023 |
Beginning Balance |  | $ | 671 |  |  | $ | 554 |
Increases related to current year tax positions |  |  | 114 |  |  |  | 117 |
Ending Balance |  | $ | 785 |  |  | $ | 671 |

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- Definition 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/exampleRef -Topic 740 -SubTopic 10 -Name Accounting Standards Codification -Section 55 -Paragraph 231 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482663/740-10-55-231 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 740 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 12A -Publisher FASB -URI https://asc.fasb.org/1943274/2147482685/740-10-50-12A Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 740 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 12 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482685/740-10-50-12 + Details
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