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Condensed Balance Sheets - USD ($)
Dec. 31, 2024
Jun. 30, 2024
Current Assets    
Cash and cash equivalents $ 16,235,000 $ 16,080,000
Accounts receivable (net of allowances for credit losses of $45,000) 22,775,000 23,333,000
Contract assets 997,000 719,000
Inventories 3,081,000 3,712,000
Income taxes receivable 514,000
Prepaid expenses and other current assets 587,000 329,000
Total current assets 44,189,000 44,173,000
Property and equipment, net 5,216,000 5,165,000
Finite-life intangible assets, net 609,000 657,000
Other assets 108,000 87,000
Deferred income taxes 2,152,000 2,152,000
Total assets 52,274,000 52,234,000
Current Liabilities    
Accounts payable 1,506,000 1,010,000
Accrued compensation 3,623,000 3,893,000
Income tax payable 277,000
Warranty reserve 1,599,000 1,567,000
Other accrued liabilities 1,939,000 930,000
Total current liabilities 8,667,000 7,677,000
Other long-term liabilities 4,000 12,000
Total liabilities 8,671,000 7,689,000
Shareholders’ Equity    
Common stock, $0.01 par value per share, 13,000,000 shares authorized; 8,556,844 and 8,637,883 shares issued and outstanding, as of December 31, 2024 and June 30, 2024, respectively 86,000 87,000
Additional paid-in capital 20,940,000 20,790,000
Retained earnings 22,577,000 23,668,000
Total shareholders' equity 43,603,000 44,545,000
Total liabilities and shareholders' equity $ 52,274,000 $ 52,234,000