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BUSINESS ACTIVITY AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables) | 6 Months Ended
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Dec. 31, 2022
BUSINESS ACTIVITY AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES |
Summary of fair value leveling for investment securities on recurring basis | Following is the fair value leveling for investment securities that are measured at fair value on a recurring basis as of December 31, 2022 (in thousands):
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | December 31, 2022
​ |  | Level 1 |  | Level 2 |  | Level 3 |  | Total
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Equity Securities | ​ | $ | 843 | ​ | $ | — | ​ | $ | — | ​ | $ | 843
State and Municipal Debt Securities | ​ |  | 880 | ​ |  | — | ​ |  | — | ​ |  | 880
Fixed Income Funds | ​ |  | 2,715 | ​ |  | — | ​ |  | — | ​ |  | 2,715
Alternative Funds | ​ |  | — | ​ |  | 256 | ​ |  | — | ​ |  | 256
Real Estate Funds | ​ |  | — | ​ |  | 46 | ​ |  | — | ​ |  | 46
Subtotal | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | 4,740
Less Long-term | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | (319)
Net Current | ​ |  | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | $ | 4,421
​ Following is the fair value leveling for investment securities that are measured at fair value on a recurring basis as of June 30, 2022 (in thousands):
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | June 30, 2022
​ |  | Level 1 |  | Level 2 |  | Level 3 |  | Total
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Equity Securities | ​ | $ | 764 | ​ | $ | — | ​ | $ | — | ​ | $ | 764
State and Municipal Debt Securities | ​ |  | 889 | ​ |  | — | ​ |  | — | ​ |  | 889
Fixed Income Funds | ​ |  | 2,687 | ​ |  | — | ​ |  | — | ​ |  | 2,687
Alternative Funds | ​ |  | — | ​ |  | 300 | ​ |  | — | ​ |  | 300
Real Estate Funds | ​ |  | — | ​ |  | 48 | ​ |  | — | ​ |  | 48
Subtotal | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | 4,688
Less Long-term | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | (325)
Net Current | ​ |  | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | $ | 4,363
​
Summary of disaggregation of Revenue | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | For the Three |  | For the Three | ​ | For the Six | ​ | For the Six
​ | ​ | Months Ended | ​ | Months Ended | ​ | Months Ended | ​ | Months Ended
Disaggregation of Revenue (in 000’s): | ​ | December 31, 2022 | ​ | December 31, 2021 |  | December 31, 2022 |  | December 31, 2021
Equipment upon delivery (point in time) | ​ | $ | 4,717 | ​ | $ | 3,355 | ​ | $ | 10,431 | ​ | $ | 6,788
Services (point in time) | ​ |  | 108 | ​ |  | 64 | ​ |  | 234 | ​ |  | 105
Subscription and services (over time) | ​ |  | 18 | ​ |  | — | ​ |  | 30 | ​ |  | —
Total revenues | ​ | $ | 4,843 | ​ | $ | 3,419 | ​ | $ | 10,695 | ​ | $ | 6,893
​
Summary of deferred tax assets and liabilities | The following table summarizes the components of deferred tax assets and deferred tax liabilities at June 30, 2022 and December 31, 2022 (in thousands):
​ | ​ | ​ | ​
​ |  | Deferred Tax
​ | ​ | Assets (Liabilities)
Inventory reserve | ​ | $ | 122
Accumulated depreciation | ​ |  | (6)
Accumulated goodwill amortization | ​ |  | (12)
Accumulated intangible amortization | ​ | ​ | 8
Unrealized loss on investments | ​ | ​ | 68
Deferred rent | ​ |  | 6
Warranty reserve | ​ |  | 5
Stock compensation | ​ | ​ | 68
Net operating loss carryforward | ​ | ​ | 594
Allowance for doubtful accounts | ​ |  | 39
Net | ​ | ​ | 892
Valuation allowance | ​ |  | (892)
Total June 30, 2022 | ​ | $ | —
​ | ​ | ​ | ​
Inventory reserve | ​ | $ | 112
Accumulated depreciation | ​ |  | (5)
Accumulated goodwill amortization | ​ | ​ | (15)
Accumulated intangible amortization | ​ |  | (9)
Unrealized gain on investments | ​ | ​ | (38)
Deferred rent | ​ |  | 5
Warranty reserve | ​ |  | 17
Stock compensation | ​ |  | 68
Net operating loss carryforward | ​ |  | 636
Capital loss carry over | ​ | ​ | 40
Allowance for doubtful accounts | ​ |  | 34
Net | ​ | ​ | 845
Valuation allowance | ​ |  | (845)
Total December 31, 2022 | ​ | $ | —
​
Summary of warranty liabilities | The changes in the Company’s aggregate warranty liabilities were as follows for the following periods (in thousands): ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | Quarter Ended December 31, |  | Year Ended June 30,
​ | ​ | 2022 | ​ | 2022
Product warranty liability, beginning of period | ​ | $ | 55 | ​ | $ | 29
Accruals for warranties issued | ​ |  | 61 | ​ |  | 60
Settlements made | ​ |  | (66) | ​ |  | (34)
Product warranty liability, end of period | ​ | $ | 50 | ​ | $ | 55
​

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- Definition Tabular disclosure of assets and liabilities, including [financial] instruments measured at fair value that are classified in stockholders' equity, if any, that are measured at fair value on a recurring basis. The disclosures contemplated herein include the fair value measurements at the reporting date by the level within the fair value hierarchy in which the fair value measurements in their entirety fall, segregating fair value measurements using quoted prices in active markets for identical assets (Level 1), significant other observable inputs (Level 2), and significant unobservable inputs (Level 3). + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=123874694&loc=d3e19207-110258 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=123874694&loc=d3e19207-110258 + Details
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- Definition Tabular disclosure of the changes in the guarantor's aggregate product warranty liability, including the beginning balance of the aggregate product warranty liability, the aggregate reductions in that liability for payments made (in cash or in kind) under the warranty, the aggregate changes in the liability for accruals related to product warranties issued during the reporting period, the aggregate changes in the liability for accruals related to preexisting warranties (including adjustments related to changes in estimates), and the ending balance of the aggregate product warranty liability. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 460 -SubTopic 10 -Section 50 -Paragraph 8 -URI http://asc.fasb.org/extlink&oid=123368208&loc=d3e12565-110249 + Details
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