v3.26.1
Note 9 - Income Taxes - Schedule of Deferred Tax Assets and Liabilities (Details) - USD ($)
Jun. 30, 2026
Jun. 30, 2025
Revenue recognition and accounts receivable reserves $ 1,362,000 $ 1,247,000
Inventory reserve 91,000 68,000
Warranty reserve 474,000 405,000
Accrued compensation 30,000 21,000
UNICAP 48,000 35,000
Stock based compensation 1,179,000 901,000
Lease liability 34,000 49,000
MN R&D tax credits 232,000 205,000
Amortization 0 16,000
Capitalized research and development 38,000 428,000
Subtotal 3,488,000 3,375,000
Less: Valuation allowance (232,000) (205,000)
Net deferred tax assets 3,256,000 3,170,000
Property and equipment (716,000) (556,000)
Prepaid insurance (90,000) 0
Right of use asset (33,000) (49,000)
Allowance for returned inventory (117,000) (97,000)
Amortization (264,000) 0
Other deferred tax liabilities 0 (6,000)
Deferred tax liabilities (1,220,000) (708,000)
Total net deferred tax assets $ 2,036,000 $ 2,462,000