Annual report pursuant to Section 13 and 15(d)

Note 4 - Inventories

v3.7.0.1
Note 4 - Inventories
 12 Months Ended
Jun. 30, 2017
Notes to Financial Statements  
Inventory Disclosure [Text Block]
NOTE
4
- INVENTORIES
 
Inventories consist of the following:
 
   
June 30, 2017
    
June 30, 2016
  
Raw materials
   $
445,000
     $
189,000
  
Work in process
    
251,000
      
-
  
Finished goods
    
870,000
      
13,000
  
Total Inventories
   $
1,566,000
     $
202,000
  
 
 
Inventories consist primarily of our energy storage systems and the related subcomponents, and are stated at the lower of cost or market. Inventory held at consignment locations is included in our finished goods inventory and totaled $
32,000
and
$10,000
as of
June 30, 2017
and
June 30, 2016,
respectively.