v3.25.0.1
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
 6 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Operating activities:    
Net income $ 4,360 $ 2,623
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 3,107 3,000
Amortization of debt discount 17 17
Provision for expected credit losses 602 283
Non-cash lease expense (18) 49
Stock compensation 2,263 2,924
Inventory reserve 647 274
Provision (benefit) for deferred income taxes 39 (19)
Other (104) 25
(Increase) decrease in operating assets:    
Accounts receivable (5,952) 3,910
Inventories (518) 3,193
Vendor deposits (1,178) 562
Contract assets 244 (2,388)
Other assets (2,100) 1,269
(Decrease) increase in operating liabilities:    
Accounts payable and accrued expenses (7) (4,172)
Accrued employee expenses (591) 104
Customer deposits 1,365 (349)
Contract liabilities   (447)
Net cash provided by operating activities 2,176 10,858
Investing activities:    
Capital expenditures (2,124) (2,376)
Cash paid for acquisitions, net of cash acquired (10,485) (987)
Net cash used by investing activities (12,609) (3,363)
Financing activities:    
Dividends paid (4,593) (4,071)
Proceeds from long-term debt 45,000 35,500
Debt repayments (30,000) (39,500)
Repurchases of common stock in satisfaction of employee tax withholding obligations (683) (1,144)
Issuances of common stock under employee stock purchase plan 56 63
Net cash provided (used) by financing activities 9,780 (9,152)
Net decrease in cash (653) (1,657)
Cash at beginning of period 4,558 5,921
Cash at end of period 3,905 4,264
Supplemental disclosures of cash flow information:    
Cash paid during the period for interest 1,017 1,578
Cash paid during the period for income taxes 1,090 3,631
Supplemental disclosures of non-cash financing activities:    
Issuances of common stock for acquisitions $ 229

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