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Balance Sheets - USD ($)
Jun. 30, 2025
Jun. 30, 2024
Current Assets    
Cash and cash equivalents $ 15,287,000 $ 16,080,000
Accounts receivable (net of allowances for credit losses of $45,000) 24,660,000 23,333,000
Contract assets 1,036,000 719,000
Inventories 3,299,000 3,712,000
Prepaid expenses and other current assets 392,000 329,000
Income tax receivable 408,000 0
Total current assets 45,082,000 44,173,000
Net property and equipment 4,714,000 5,165,000
Finite-life intangible assets, net 371,000 657,000
Other Assets, Noncurrent 1,173,000 87,000
Deferred income taxes 2,462,000 2,152,000
Total assets 53,802,000 52,234,000
Current Liabilities    
Accounts payable 2,667,000 1,010,000
Accrued compensation 5,079,000 3,893,000
Income tax payable 0 277,000
Warranty reserve 1,645,000 1,567,000
Other Accrued Liabilities, Current 1,077,000 930,000
Total current liabilities 10,468,000 7,677,000
Other long-term liabilities 125,000 12,000
Total liabilities 10,593,000 7,689,000
Shareholders’ Equity    
Common stock, $0.01 par value per share, 13,000,000 shares authorized; 8,349,176 and 8,637,883 shares issued and outstanding, as of June 30, 2025, and June 30, 2024, respectively 83,000 87,000
Additional paid-in capital 21,941,000 20,790,000
Retained earnings 21,185,000 23,668,000
Total shareholders’ equity 43,209,000 44,545,000
Total liabilities and shareholders’ equity $ 53,802,000 $ 52,234,000