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Inventories, net | 12 Months Ended
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Jun. 30, 2018
Inventory Disclosure [Abstract] |
Inventories, net | The components of inventories include the following:
|  | June 30, 2018 |  |  | June 30, 2017 |
Raw materials |  | $ | 2,309,454 |  |  | $ | 2,282,880 |
Work in process |  |  | 2,506,891 |  |  |  | 1,654,653 |
Finished goods |  |  | 2,263,121 |  |  |  | 1,904,497 |
Allowance for obsolescence |  |  | (674,725 | ) |  |  | (767,454 | )
|  | $ | 6,404,741 |  |  | $ | 5,074,576 |
During fiscal 2018 and 2017, the Company evaluated all allowed items and disposed of approximately $188,000 and $90,000, respectively, of inventory parts and wrote them off against the allowance for obsolescence. The value of tooling in raw materials was approximately $1.6 million at both June 30, 2018 and 2017.

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- Definition The entire disclosure for inventory. Includes, but is not limited to, the basis of stating inventory, the method of determining inventory cost, the classes of inventory, and the nature of the cost elements included in inventory. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 330 -URI http://asc.fasb.org/topic&trid=2126998 + Details
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