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Inventories, net
 12 Months Ended
Jun. 30, 2019
Inventory Disclosure [Abstract]  
Inventories, net

The components of inventories include the following:

 

    June 30, 2019     June 30, 2018  
Raw materials   $ 3,467,105     $ 2,309,454  
Work in process     2,288,226       2,506,891  
Finished goods     2,704,471       2,263,121  
Allowance for obsolescence     (775,275 )     (674,725 )
    $ 7,684,527     $ 6,404,741  

 

During fiscal 2019 and 2018, the Company evaluated all allowed items and disposed of approximately $125,000 and $188,000, respectively, of inventory parts and wrote them off against the allowance for obsolescence.

 

The value of tooling in raw materials was approximately $2.2 million and $1.6 million at June 30, 2019 and 2018, respectively.