Quarterly report pursuant to Section 13 or 15(d)

Note 4 - Inventories

v3.7.0.1
Note 4 - Inventories
 9 Months Ended
Mar. 31, 2017
Notes to Financial Statements  
Inventory Disclosure [Text Block]
NOTE
4
-
INVENTORIE
S
 
Inventories consist of the following
:
 
 
 
March 31, 201
7
 
June 30, 201
6
Raw material
s
$
233,000 
 
$
189,000 
Work in proces
s
 
405,000
 
 
 
-
Finished good
s
 
312,000
 
 
 
 13,000 
Total Inventorie
s
$
950,000
 
 
$
202,000
 
 
 
Inventories consist primarily of our energy storage systems and the related subcomponents, and are stated at the lower of cost
(first
-in,
first
-out) or market. Inventory held at consignment locations is
included in our finished goods inventory and totaled
$33,000
and
$10,000
as of
March
31,
2017
and
June
30,
2016,
respectively
.