Annual report pursuant to Section 13 and 15(d)

Note 4 - Inventories

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Note 4 - Inventories
12 Months Ended
Jun. 30, 2019
Inventory Disclosure [Abstract]  
Inventories

Inventories consist of the following:

 

   

June 30,

2019

   

June 30,

2018

 
Raw materials   $ 2,118,000     $ 807,000  
Work in process     645,000       333,000  
Finished goods     1,050,000       372,000  
Total Inventories   $ 3,813,000     $ 1,512,000  

 

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 $19,000 and $14,000 as of June 30, 2019 and June 30, 2018, respectively.