v3.26.3
Pay vs Performance Disclosure - USD ($)
 12 Months Ended 36 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2026
Pay vs Performance Disclosure        
Pay vs Performance Disclosure, Table

PAY VERSUS PERFORMANCE

 

The following table presents certain information regarding compensation paid to the Company’s Principal Executive Officer (“PEO”) and other Named Executive Officers (“Other NEOs” or “Non-PEOs”), and certain measures of financial performance, for the years ended June 30, 2026, 2025 and 2024. The amounts shown below are calculated in accordance with Item 402(v) of Regulation S-K. The Compensation Committee believes that the 2026 compensation decisions for the PEO and Non-PEOs are reflective of the firm’s overall operating, strategic, financial and stock price performance and thus aligned with shareholders.

 

Pay Versus Performance Table

 

Year

  

Summary

Compensation

Table

Total for

PEO (1)

    

Compensation

Actually

Paid to

PEO (1)

    

Average

Summary

Compensation

Total for

Non-PEO

Named

Executive

Officers (2)

    

Average

Compensation

Actually paid

To Non-PEO

Named

Executive

Officers (2)

    

Value of

Initial $100

Investment

based on

Total

Shareholder

Return (3)

    

Net (Loss)

/ Income

($)

  
                                                 

2026

   $ 575,059     $ 1,610,743     $ 195,107     $ 534,996     $ 237     $ (34,000 )

2025

   $ 520,033     $ 456,883     $ 208,400     $ 197,108     $ 104     $ (41,000 )

2024

   $ 535,708     $ 609,083     $ 221,614     $ 239,392     $ 116     $ 1,050,000  

 

(1)

S. W. Yong served as the Company’s PEO during the fiscal years presented. The following amounts were added and deducted from the Summary Compensation Table (“SCT”) amount to determine the compensation actually paid to the PEO in accordance with SEC regulations:

 

      
PEO Total Compensation Amount $ 575,059 $ 520,033 $ 535,708  
PEO Actually Paid Compensation Amount $ 1,610,743 456,883 609,083  
Adjustment To PEO Compensation, Footnote

Adjustments to Determine Compensation “Actually Paid”

  

Year Ended

June 30, 2026

    

Year Ended

June 30, 2025

    

Year Ended

June 30, 2024

  

Deduction for Amount Reported under the “Option Awards” column in the SCT

   $ (221,600 )   $ (106,000 )   $ (98,800 )

Increase for the Fair Value of Awards Granted during year that remain unvested as of year-end

     504,600       55,200       98,700  

Increase for the Fair Value of Awards Granted during year that remain vested as of year-end

     168,200       18,400       32,900  

Increase/deduction for Change in Fair Value from prior year-end to current year-end of Awards Granted prior to year-end that were outstanding and unvested as of year-end

     496,220       (28,925 )     26,800  

Increase/deduction for Change in Fair Value from prior year-end to Vesting Date of Awards Granted prior to year-end that vested during year

     88,264       (1,825 )     13,775  

Total Adjustments

   $ 1,035,684     $ (63,150 )   $ 73,375  

 

(2)

For the year ended June 30, 2026, 2025 and 2024, Anitha Srinivasan and Hwee Poh Lim were our Other NEOs. The following amounts were added and deducted from the Summary Compensation Table (“SCT”) amount to determine the compensation actually paid to the Other NEOs in accordance with SEC regulations:

 

      
Non-PEO NEO Average Total Compensation Amount $ 195,107 208,400 221,614  
Non-PEO NEO Average Compensation Actually Paid Amount $ 534,996 197,108 239,392  
Adjustment to Non-PEO NEO Compensation Footnote
   

Year Ended

June 30, 2026

    

Year Ended

June 30, 2025

    

Year Ended

June 30, 2024

  

Deduction for Amount Reported under the “Option Awards” column in the SCT

   $ (21,800 )   $ (28,500 )   $ (46,828 )

Increase for the Fair Value of Awards Granted during year that remain unvested as of year-end

     155,700       16,125       47,739  

Increase for the Fair Value of Awards Granted during year that remain vested as of year-end

     51,900       5,375       15,913  

Increase/deduction for Change in Fair Value from prior year-end to current year-end of Awards Granted prior to year-end that were outstanding and unvested as of year-end

     149,987       (3,199 )     725  

Increase/deduction for Change in Fair Value from prior year-end to Vesting Date of Awards Granted prior to year-end that vested during year

     4,102       (1,092 )     229  

Total Adjustments

   $ 339,889     $ (11,291 )   $ 17,778  

 

(3)

Represents the cumulative shareholder return of a fixed investment of $100 made at the closing price of the Company’s Common Stock at June 30, 2021 for the measurement period beginning on such date and continuing through and including the end of the applicable fiscal year reflected in the table.

 

 

      
Compensation Actually Paid vs. Total Shareholder Return

Compensation Actually Paid and Cumulative Total Shareholder Return (“TSR”)

 

Historically, we have not used financial performance measures such as TSR to align with compensation actually paid to our PEO and Other NEOs. As described in more detail in the section EXECUTIVE COMPENSATION - Narrative Disclosure to Summary Compensation Table, part of the compensation that our PEO and Other NEOs are eligible to receive consists of annual performance-based cash bonuses and equity awards designed to provide appropriate incentives to our executives to achieve defined annual corporate goals.

 

All information provided above under the “Pay Versus Performance” heading will not be deemed to be incorporated by reference in any filing of our Company under the Securities Act of 1933, as amended, whether made before or after the date hereof and irrespective of any general incorporation language in any such filing.

 

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Table of Contents
      
Compensation Actually Paid vs. Net Income

Compensation Actually Paid and Net Income

 

Our Company has not historically looked to net income as a performance measure for our executive compensation program. In Fiscal 2026, our net loss decreased by 17%, or $7,000 from Fiscal 2025, and the compensation actually paid for our PEO and Named Executive Officers increased during this period, primarily due to higher fair value of the awards granted.

 

In Fiscal 2025, our net income decreased 104%, or $1.09 million from Fiscal 2024, and the compensation actually paid for our PEO and Named Executive Officers decreased during this period, primarily due to lower fair value of the awards granted.

      
Total Shareholder Return Amount $ 237 104 116  
Net Income (Loss) (34,000) (41,000) 1,050,000  
S. W. Yong [Member]        
Pay vs Performance Disclosure        
PEO Name       S. W. Yong
PEO        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 1,035,684 (63,150) 73,375  
PEO | Aggregate Grant Date Fair Value of Equity Award Amounts Reported in Summary Compensation Table        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount (221,600) (106,000) (98,800)  
PEO | Year-end Fair Value of Equity Awards Granted in Covered Year that are Outstanding and Unvested        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 504,600 55,200 98,700  
PEO | Year-over-Year Change in Fair Value of Equity Awards Granted in Prior Years That are Outstanding and Unvested        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 496,220 (28,925) 26,800  
PEO | Vesting Date Fair Value of Equity Awards Granted and Vested in Covered Year        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 168,200 18,400 32,900  
PEO | Change in Fair Value as of Vesting Date of Prior Year Equity Awards Vested in Covered Year        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 88,264 (1,825) 13,775  
Non-PEO NEO        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 339,889 (11,291) 17,778  
Non-PEO NEO | Aggregate Grant Date Fair Value of Equity Award Amounts Reported in Summary Compensation Table        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount (21,800) (28,500) (46,828)  
Non-PEO NEO | Year-end Fair Value of Equity Awards Granted in Covered Year that are Outstanding and Unvested        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 155,700 16,125 47,739  
Non-PEO NEO | Year-over-Year Change in Fair Value of Equity Awards Granted in Prior Years That are Outstanding and Unvested        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 149,987 (3,199) 725  
Non-PEO NEO | Vesting Date Fair Value of Equity Awards Granted and Vested in Covered Year        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 51,900 5,375 15,913  
Non-PEO NEO | Change in Fair Value as of Vesting Date of Prior Year Equity Awards Vested in Covered Year        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount $ 4,102 $ (1,092) $ 229