Quarterly report [Sections 13 or 15(d)]

ACCRUED EXPENSES

v3.25.1
ACCRUED EXPENSES
9 Months Ended
Mar. 31, 2025
Payables and Accruals [Abstract]  
ACCRUED EXPENSES

NOTE 4 – ACCRUED EXPENSES

 

Accrued expenses consist of the following:

 

    March 31,
2025
    June 30,
2024
 
Payroll and bonus accrual   $ 1,620,000     $ 471,000  
PTO accrual     494,000       437,000  
Warranty liability     3,301,000       3,018,000  
Other     270,000        
Total accrued expenses    $ 5,685,000     $ 3,926,000