Annual report pursuant to Section 13 and 15(d)

INVENTORIES

v3.24.4
INVENTORIES
12 Months Ended
Jun. 30, 2024
Inventory Disclosure [Abstract]  
INVENTORIES

NOTE 4 – INVENTORIES

 

Inventories consist of the following:

 

    2024     2023     2022  
    June 30,  
    2024     2023     2022  
          Restated     Restated  
Raw materials   $ 12,850,000     $ 11,507,000     $ 11,495,000  
Work in process     474,000       1,277,000       927,000  
Finished goods     3,653,000       3,374,000       2,018,000  
Total Inventories   $ 16,977,000     $ 16,158,000     $ 14,440,000  

 

Inventories consist primarily of our energy storage systems and the related subcomponents, and are stated at the lower of cost or net realizable value.