Annual report pursuant to Section 13 and 15(d)

SCHEDULE OF INVENTORIES (Details)

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SCHEDULE OF INVENTORIES (Details) - USD ($)
Jun. 30, 2024
Mar. 31, 2024
Dec. 31, 2023
Sep. 30, 2023
Jun. 30, 2023
Mar. 31, 2023
Dec. 31, 2022
Sep. 30, 2022
Jun. 30, 2022
Mar. 31, 2022
Dec. 31, 2021
Sep. 30, 2021
Inventory Disclosure [Abstract]                        
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 $ 17,362,000 $ 15,554,000 $ 16,591,000 $ 16,158,000 [1],[2] $ 18,859,000 $ 17,449,000 $ 16,935,000 $ 14,440,000 [1],[2] $ 19,297,000 $ 18,090,000 $ 12,655,000
[1] Inventories. The Company did not properly evaluate its calculation of its excess and obsolescence reserve on its finished goods and raw materials inventories, resulting in an overstatement of inventories and an understatement of cost of sales. In addition, certain inventory components were not properly recorded at the lower of cost or net realizable value, resulting in an overstatement of inventory and an understatement of cost of sales. Further, certain loaner service packs and consigned inventory were not reconciled timely, resulting in an overstatement of inventory and an understatement of cost of sales. Lastly, the Company also corrected the cash flow presentation related to inventory write downs on the statement of cash flows.
[2] Other. The Company had various clearing accounts that were not reconciled in a timely manner, resulting in misstatements of accounts payable, inventories and cost of sales.