v3.25.3
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
 3 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Operating activities:    
Net income $ 1,847 $ 3,231
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 1,949 1,550
Amortization of debt discount 9
Provision for expected credit losses 218 352
Non-cash lease expense (14) 22
Stock compensation 1,241 1,067
Inventory reserve 321 251
(Benefit) provision for deferred income taxes (64) 35
Other 155 (105)
(Increase) decrease in operating assets:    
Accounts receivable (3,212) (4,894)
Inventories (9,486) (1,538)
Vendor deposits (1,321) (491)
Contract assets 194 860
Other assets (3,036) (3,213)
Increase (decrease) in operating liabilities:    
Accounts payable and accrued expenses 7,101 4,461
Accrued employee expenses 1,175 134
Customer deposits 3,023 (1,747)
Contract liabilities 932 223
Net cash provided by operating activities 1,023 207
Investing activities:    
Capital expenditures (1,913) (1,253)
Cash paid for acquisitions, net of cash acquired (488) (5,885)
Net cash used by investing activities (2,401) (7,138)
Financing activities:    
Proceeds from long-term debt 15,000 19,000
Debt repayments (17,000) (12,000)
Repurchases of common stock in satisfaction of employee tax withholding obligations (816) (254)
Net cash provided (used) by financing activities (2,816) 6,746
Net increase (decrease) in cash (4,194) (185)
Cash at beginning of year 8,852 4,558
Cash at end of year 4,658 4,373
Supplemental disclosures of cash flow information:    
Cash paid for interest 1,041 413
Cash paid for income taxes 1,565
Supplemental disclosures of non-cash financing activities:    
Dividends payable $ 4,983 $ 4,593

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