Annual report [Section 13 and 15(d), not S-K Item 405]

ACCRUED EXPENSES

v3.25.2
ACCRUED EXPENSES
 12 Months Ended
Jun. 30, 2025
Payables and Accruals [Abstract]  
ACCRUED EXPENSES

NOTE 5 – ACCRUED EXPENSES

 

Accrued expenses consist of the following:

 

         
    June 30,  
    2025     2024  
Warranty liability   $ 3,377,000     $ 3,018,000  
Lawsuit settlements liability     2,175,000       –  
Payroll and bonus accrual     1,024,000       471,000  
PTO accrual     482,000       437,000  
Total accrued expenses   $ 7,058,000     $ 3,926,000