v3.26.3
NOTES PAYABLE RELATED PARTY
12 Months Ended
Jun. 30, 2026
NOTES PAYABLE RELATED PARTY  
NOTES PAYABLE - RELATED PARTY

NOTE 9. NOTES PAYABLE - RELATED PARTY

 

Related party notes payable at June 30, 2026 and 2025 consisted of the following:

 

 

 

2026

 

 

2025

 

 

 

(in thousands)

 

Unsecured note payable to an officer, with interest at the prevailing prime rate (6.75% at June 30, 2026), due June 30, 2030

 

$40

 

 

$40

 

Unsecured note payable to an officer, with interest at the prevailing prime rate (6.75% at June 30, 2026), due June 30, 2030

 

 

76

 

 

 

76

 

Total unsecured notes payable

 

 

116

 

 

 

116

 

Less: current portion

 

 

—

 

 

 

—

 

Long-term unsecured notes payable

 

$116

 

 

$116