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Note M - Engineering and Development Costs
12 Months Ended
Jun. 30, 2025
Notes to Financial Statements  
Research, Development, and Computer Software Disclosure [Text Block]

M. ENGINEERING AND DEVELOPMENT COSTS

 

Engineering and development costs include research and development expenses for new products, development and major improvements to existing products, and other costs for ongoing efforts to refine existing products. Research and development costs charged to operations totaled $2,699 and $2,629 in fiscal 2025 and 2024, respectively. Total engineering and development costs were $12,236 and 9,843 in fiscal 2025 and 2024, respectively, and are primarily recorded within marketing, engineering and administrative expenses on the consolidated statements of operations and comprehensive income.