General form for registration of securities under the Securities Act of 1933

ACCRUED EXPENSES

v3.26.1
ACCRUED EXPENSES
 9 Months Ended 12 Months Ended
Mar. 31, 2026
Jun. 30, 2025
Payables and Accruals [Abstract]    
ACCRUED EXPENSES

NOTE 5 – ACCRUED EXPENSES

 

Accrued expenses consist of the following:

 

    March 31, 2026     June 30, 2025  
Warranty liability   $ 2,833,000     $ 3,377,000  
Lawsuit settlements liability     1,937,000       2,175,000  
Payroll and bonus accrual     408,000       1,024,000  
PTO accrual     459,000       482,000  
Total accrued expenses   $ 5,637,000     $ 7,058,000  

 

 

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