Note 13 - Segment Information |
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| Segment Reporting [Text Block] |
Note 13. Segment Information
In its operation of the business, management, including its chief operating decision makers (“CODMs”), who are also the Company’s Co-Chief Executive Officers, review certain financial information, including segmented internal profit and loss statements. The primary profitability measure used by the CODMs to review segment operating results is gross profit. The CODM uses gross profit to allocate resources during our annual planning process and throughout the year, as well as to assess the performance of the Company’s segments, primarily by monitoring actual results compared to prior periods and expected results. During the periods presented, the Company reported its financial performance based on the following : Contract Manufacturing and Other Business Lines.
The basis for presenting segment results generally is consistent with overall Company reporting. The Company reports information about its operating segments in accordance with GAAP which establishes standards for reporting information about a company’s operating segments.
The international sales, concentrated primarily in Europe, for the fiscal years ended June 30, 2026 and 2025 were $8,640 and $10,726, respectively.
Financial information relating to the fiscal years ended June 30, 2026 and 2025 operations by business segment are as follows:
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