Contracts in Process

12 Months Ended

Jun. 30, 2023

Contracts in Process [Abstract]

Contracts in Process

Note 5. Contracts in Process

Contracts in process at June 30, 2023 and 2022 are as follows:

	2023		2022
Unrecognized gross contract value	$	83,577,153	$	76,782,028
Costs related to contracts in process	$	17,318,579	$	16,207,419

Included in costs relating to contracts in process at June 30, 2023 and 2022 are costs relative to contracts that may not be completed within the ensuing year as contracts vary in size, scope and duration. Under the units-of-delivery method, the related sale and cost of sales will not be reflected in the statements of comprehensive income until the units under contract are shipped.