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Note 6 - Inventories | 3 Months Ended
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Sep. 30, 2023
Notes to Financial Statements |
Inventory Disclosure [Text Block] | 6. INVENTORIES Inventories consisted of the following:
|  | Sept. 30, 2023 |  |  | June 30, 2023 |
|  | (Unaudited) |  |  |  |  |
Raw materials |  | $ | 1,737 |  |  | $ | 1,389 |
Work in progress |  |  | 2,506 |  |  |  | 1,132 |
Finished goods |  |  | 470 |  |  |  | 178 |
Less: provision for obsolete inventories |  |  | (648 | ) |  |  | (648 | )
Currency translation effect |  |  | (42 | ) |  |  | 100 |
|  | $ | 4,023 |  |  | $ | 2,151 |
The following table represents the changes in provision for obsolete inventories:
|  | Sept. 30, 2023 |  |  | June 30, 2023 |
|  | (Unaudited) |  |  |  |  |
Beginning |  | $ | 648 |  |  | $ | 674 |
Additions charged to expenses |  |  | 8 |  |  |  | 61 |
Usage – disposition |  |  | (1 | ) |  |  | (40 | )
Currency translation effect |  |  | (7 | ) |  |  | (47 | )
Ending |  | $ | 648 |  |  | $ | 648 |

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- Definition The entire disclosure for inventory. Includes, but is not limited to, the basis of stating inventory, the method of determining inventory cost, the classes of inventory, and the nature of the cost elements included in inventory. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 330 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org//330/tableOfContent + Details
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