XML 16 R7.htm IDEA: XBRL DOCUMENT v3.22.2.2
Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Cash Flow from Operating Activities    
Net income $ 978 $ 928
Adjustments to reconcile net income/(loss) to net cash flow provided by operating activities    
Depreciation and amortization 882 709
Addition of provision for obsolete inventories (38) 11
Stock option expense 32 12
Bad debt recovery (17) (2)
Accrued interest expense, net accrued interest income 43 16
Payment of interest portion of finance lease (3) (6)
Gain on sale of property, plant and equipment - continuing operations (15) 0
Warranty recovery, net 2 0
Deferred tax expense 20 18
Changes in operating assets and liabilities, net of acquisition effects    
Trade accounts receivable (886) (1,105)
Other receivables 56 (30)
Other assets 11 (52)
Inventories (1,341) (362)
Prepaid expenses and other current assets 537 (893)
Accounts payable and accrued expenses 1,469 68
Income taxes payable 211 123
Operating lease liabilities (380) (146)
Net Cash Provided by / (Used in) Operating Activities 1,561 (711)
Cash Flow from Investing Activities    
Withdrawal from unrestricted term deposits, net 2,486 664
Additions to property, plant and equipment (1,156) (438)
Net Cash Provided by Investing Activities 1,330 226
Cash Flow from Financing Activities    
Payment on lines of credit (938) (301)
Payment of bank loans (117) (107)
Payment of finance leases (36) (53)
Proceeds from exercising stock options 19 0
Proceeds from lines of credit 483 478
Proceeds from bank loans 175 0
Net Cash (Used in) / Provided by Financing Activities (414) 17
Effect of Changes in Exchange Rate (793) (214)
Net Increase / (Decrease) in Cash, Cash Equivalents, and Restricted Cash 1,684 (682)
Cash, Cash Equivalents, and Restricted Cash at Beginning of Period 9,376 7,577
Cash, Cash Equivalents, and Restricted Cash at End of Period 11,060 6,895
Supplementary Information of Cash Flows    
Interest 43 122
Income taxes 1 52
Cash 9,428 5,173
Restricted Term-Deposits in Non-Current Assets 1,632 1,722
Total Cash, Cash Equivalents, and Restricted Cash Shown in Statements of Cash Flows $ 11,060 $ 6,895