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Note 11 - Assurance Warranty Accrual | 9 Months Ended
--- | ---
Mar. 31, 2024
Notes to Financial Statements |
Product Warranty Disclosure [Text Block] |
11. | ASSURANCE WARRANTY ACCRUAL
The Company provides for the estimated costs that may be incurred under its warranty program at the time the sale is recorded. The warranty period of the products manufactured by the Company is generally one year or the warranty period agreed upon with the customer. The Company estimates the warranty costs based on the historical rates of warranty returns. The Company periodically assesses the adequacy of its recorded warranty liability and adjusts the amounts as necessary.
|  | Mar. 31, |  |  | June 30, |
|  | 2024 |  |  | 2023 |
|  | (Unaudited) |  |  |  |  |
Beginning |  | $ | 24 |  |  | $ | 16 |
Additions charged to cost and expense |  |  | 23 |  |  |  | 32 |
Utilization |  |  | (11 | ) |  |  | (25 | )
Currency translation effect |  |  | - |  |  |  | 1 |
Ending |  | $ | 36 |  |  | $ | 24 |

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