Quarterly report [Sections 13 or 15(d)]

ACCRUED EXPENSES

v3.25.4
ACCRUED EXPENSES
6 Months Ended
Dec. 31, 2025
Payables and Accruals [Abstract]  
ACCRUED EXPENSES

NOTE 5 – ACCRUED EXPENSES

 

Accrued expenses consist of the following:

 

    December 31, 2025     June 30, 2025  
Warranty liability   $ 2,995,000     $ 3,377,000  
Lawsuit settlements liability     2,175,000       2,175,000  
Payroll and bonus accrual     389,000       1,024,000  
PTO accrual     460,000       482,000  
Total accrued expenses   $ 6,019,000     $ 7,058,000