XML 24 R10.htm IDEA: XBRL DOCUMENT v3.23.2

Inventories net

12 Months Ended

Jun. 30, 2023

Inventories net

Inventories, net

4. Inventories, net

The components of inventories include the following:

		June 30, 2023				June 30, 2022
Raw materials		$	2,999,879			$	3,019,156
Work in process			2,909,439				2,243,907
Finished goods			2,626,106				3,052,001
Allowance for obsolescence			(1,124,690	)			(1,329,637	)
		$	7,410,734			$	6,985,427

During fiscal years 2023 and 2022, the Company evaluated all allowed items and disposed of approximately $316,000 and $457,000, respectively, of inventory parts 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 $1.5 million and $1.6 million at June 30, 2023 and 2022, respectively.

X

- References

No definition available.

+ Details

Name:	us-gaap_InventoryDisclosureAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- 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://www.xbrl.org/2003/role/disclosureRef
-Topic 330
-Name Accounting Standards Codification
-Publisher FASB
-URI https://asc.fasb.org//330/tableOfContent

+ Details

Name:	us-gaap_InventoryDisclosureTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration