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Inventories
3 Months Ended
Sep. 30, 2025
Inventories  
Inventories

NOTE 6 - Inventories

Inventories, net of reserves are valued at lower of cost (first-in, first-out method) or net realizable value. Inventories, net of reserves consist of the following (in thousands):

    

September 30, 

    

June 30, 

2025

2025

Component parts

$

26,901

$

26,967

Work-in-process

 

6,618

 

6,457

Finished product

 

8,287

 

7,851

$

41,806

$

41,275

Classification of inventories:

 

  

 

  

Current

$

31,286

$

29,962

Non-current

 

10,520

 

11,313

$

41,806

$

41,275

The reserve for excess and slow-moving inventory, which reduces inventory in our consolidated balance sheets were $5,281,000 and $5,515,000 as of September 30, 2025 and June 30, 2025, respectively.