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Inventories
3 Months Ended
Sep. 30, 2020
Inventory Disclosure [Abstract]  
Inventories

Inventories consist of raw materials and finished goods and are recorded at the lower of cost or net realizable value, with cost determined on a first-in, first-out basis. Aytu periodically reviews the composition of its inventories to identify obsolete, slow-moving or otherwise unsaleable items. If unsaleable items are observed and there are no alternate uses for the inventory, Aytu will record a write-down to net realizable value in the period that the impairment is first recognized. The Company wrote down $0.1 million and $0 inventory during the three months ended September 30, 2020 or 2019, respectively.

 

   Inventory balances consist of the following:

 

  

As of 

 

As of 

  

September 30, 

 

June 30, 

  

2020 

 

2020 

Raw materials  $542,000   $397,000 
Finished goods, net   10,938,000    9,603,000 
   $11,480,000   $10,000,000