v3.26.3
Note 7 - Inventories
3 Months Ended
Sep. 30, 2026
Notes to Financial Statements  
Inventory Disclosure [Text Block]

7. Inventories

 

The components of inventories include the following:

 

  

September 30,

  

June 30,

 
  

2026

  

2026

 

Raw materials

 $17,356,625  $9,451,766 

Work in process

  13,313,519   7,953,529 

Finished goods

  3,337,059   2,917,956 

Allowance for obsolescence

  (2,520,670)  (2,317,692)

Total inventories, net

 $31,486,533  $18,005,559 

 

During the three months ended September 30, 2026, the Company evaluated all allowed items and disposed of approximately $0.05 million of inventory items and wrote them off against the allowance for obsolescence.

 

The value of tooling in raw materials, net of the related allowance for obsolescence, was approximately $0.8 million as of both  September 30, 2026 and June 30, 2026.