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

INVENTORIES

v3.26.1
INVENTORIES
12 Months Ended
Jun. 30, 2026
Inventory Disclosure [Abstract]  
INVENTORIES

NOTE 3 – INVENTORIES

 

Inventories consist of the following:

 

    2026     2025  
    June 30,  
    2026     2025  
Raw materials   $ 13,222,000     $ 15,022,000  
Work in process     438,000       513,000  
Finished goods     2,699,000       3,247,000  
Less: reserve for excess and obsolete inventory     (1,607,000 )     (1,551,000 )
Total inventory   $ 14,752,000     $ 17,231,000  

 

Inventories consist primarily of the Company’s energy storage systems and the related subcomponents, and are stated at the lower of cost or net realizable value.