General form of registration statement for all companies including face-amount certificate companies

Note 4 - Inventories

v3.19.1
Note 4 - Inventories
 12 Months Ended
Jun. 30, 2018
Notes To Financial Statements [Abstract]  
Inventories

Inventories consist of the following:

 

   

June 30,

2018

    

June 30,

2017

  
Raw materials   $ 807,000     $ 445,000  
Work in process     333,000       251,000  
Finished goods     372,000       870,000  
Total Inventories   $ 1,512,000     $ 1,566,000  

 

Inventories consist primarily of our energy storage systems and the related subcomponents, and are stated at the lower of cost or net realizable value. Inventory held at consignment locations is included in our finished goods inventory and totaled $14,000 and $32,000 as of June 30, 2018 and June 30, 2017, respectively.