Quarterly report [Sections 13 or 15(d)]

ACCRUED EXPENSES

v3.25.1
ACCRUED EXPENSES
3 Months Ended
Sep. 30, 2024
Payables and Accruals [Abstract]  
ACCRUED EXPENSES

NOTE 4 – ACCRUED EXPENSES

 

Accrued expenses consist of the following:

 

    September 30,
2024
    June 30,
2024
 
Payroll and bonus accrual   $ 1,199,000     $ 471,000  
PTO accrual     424,000       437,000  
Warranty liability     3,225,000       3,018,000  
Total accrued expenses   $ 4,848,000     $ 3,926,000