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Note 3 - Term Deposits
9 Months Ended
Mar. 31, 2025
Notes to Financial Statements  
Term Deposits [Text Block]

3.

TERM DEPOSITS

 

   

March 31,

   

June 30,

 
   

2025

   

2024

 
   

(Unaudited)

         
                 

Short-term deposits

  $ 6,587     $ 6,540  

Currency translation effect on short-term deposits

    (17 )     (43 )

Total short-term deposits

    6,570       6,497  

Restricted term deposits - Current

    765       750  

Currency translation effect on restricted term deposits

    11       -  

Total restricted term deposits - Current

    776       750  

Restricted term deposits – Non-current

    1,794       1,773  

Currency translation effect on restricted term deposits

    28       (2 )

Total restricted term deposits - Non-current

    1,822       1,771  

Total term deposits

  $ 9,168     $ 9,018  

 

Restricted deposits represent the amount of cash pledged to secure loans payable or trade financing granted by financial institutions, serve as collateral for public utility agreements such as electricity and water, and performance bonds related to customs duty payable. Restricted deposits are classified as current and non-current depending on whether they relate to long-term or short-term obligations. Restricted deposits of $776 as at March 31, 2025 are classified as current assets as they relate to short-term trade financing. On the other hand, restricted deposits of $1,822 as at March 31, 2025 are classified as non-current assets as they relate to long-term obligations and will become unrestricted only upon discharge of the obligations.