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Inventories

12 Months Ended

Sep. 30, 2024

Inventory Disclosure [Abstract]

Inventories

NOTE 2 – INVENTORIES

Inventories are valued at the lower of cost or net realizable value.

Net inventories as of September 30, 2024 and 2023 consisted of the following:

		September 30,
		2024				2023
Raw materials		$	32,631,000			$	35,918,000
Work in process			18,740,000				22,923,000
Finished goods			12,391,000				12,686,000
Inventories, net		$	63,762,000			$	71,527,000

Slow-moving and obsolete inventory reserves were $13,331,000 and $9,813,000 at September 30, 2024 and 2023, respectively.

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

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