v3.26.3
INVENTORIES
12 Months Ended
Jun. 30, 2026
INVENTORIES  
INVENTORIES

NOTE 4. INVENTORIES

 

All inventories are stated at the lower of cost (which approximates first-in, first-out) or net realizable value. The Company’s inventories consist of the following components at June 30, 2026 and 2025:

 

 

 

2026

 

 

2025

 

 

 

(in thousands)

 

Raw materials

 

$1,661

 

 

$1,407

 

Work in process

 

 

415

 

 

 

366

 

Finished goods

 

 

1,856

 

 

 

2,044

 

Total inventories

 

 

3,932

 

 

 

3,817

 

Allowance for inventory reserves

 

 

(301)

 

 

(232)

Total inventories, net of allowance

 

$3,631

 

 

$3,585