Inventories, net

3 Months Ended

Sep. 30, 2020

Inventory Disclosure [Abstract]

Inventories, net

NOTE 5. INVENTORIES, NET

Inventories are stated at the lower of cost (which approximates first-in, first-out) or net realizable value. Net realizable value is defined as sales price less cost to dispose and a normal profit margin.  Inventories consisted of the following: 

	September 30, 2020			June 30, 2020
		(unaudited)
	(in thousands)
Raw materials	$	1,085		$	992
Work in process		270			234
Finished goods		972			900
Total inventories		2,327			2,126
Allowance for inventory reserves		(141	)		(141	)
Total inventories, net of allowance	$	2,186		$	1,985