v3.26.1
Note 11 - Joint Venture (Tables)
12 Months Ended
Jun. 30, 2026
Notes Tables  
Equity Method Investments [Table Text Block]
  

June 30, 2026

  

June 30, 2025

 

Carrying value of investment in joint venture

 $5,024  $4,612 

Deferred intra-entity profit margin

  17,466   17,501 

Dividend declared

  1,446   2,453 

Equity method goodwill

  (4,720)  (4,720)

Proportional share of equity investment in joint venture

 $19,216  $19,846 

Statement of Operations Data:

 

Twelve Months Ended March 31, 2026

  

Twelve Months Ended March 31, 2025

 

Revenue

 $102,132  $160,213 

Gross profit

 $24,539  $29,438 

Net income

 $2,288  $9,617 

Net income attributable to the Company

 $1,124  $4,714 

Summarized Balance Sheet Data:

 

As of March 31, 2026

  

As of March 31, 2025

 

Assets

        

Current assets

 $180,187  $172,109 

Non current assets

  14,855   16,426 

Total assets

 $195,042  $188,535 

Liabilities and Stockholders’ Equity

        

Current liabilities

 $154,935  $146,587 

Non current liabilities

  924   1,334 

Stockholder’s equity

  39,183   40,614 

Total liabilities and stockholders’ equity

 $195,042  $188,535 
  

Years Ended June 30,

 
  

2026

  

2025

 

Deferred gross profit recognized on sales to the JV

 $(7,484) $(16,738)

Deferred gross profit on sales to the JV

  7,448   24,404 

Net deferred gross profit on sales to the JV (1)

 $(36) $7,666