Balance Sheets - USD ($)	Dec. 31, 2024	Jun. 30, 2024
ASSETS
Cash and cash equivalents	$ 8,027,478	$ 4,351,970
Investment securities	20,264,567	18,878,631
Trade accounts receivable, less allowance for credit losses of $3,000	6,993,840	6,635,490
Inventories:
Raw materials	1,813,168	1,693,448
Work-in-process	689,757	1,645,973
Costs related to contracts in process	15,109,021	15,904,588
Total inventories	17,611,946	19,244,009
Net deferred tax assets	864,449	895,154
Prepaid expenses and other current assets	1,793,934	3,231,402
Total current assets	55,556,214	53,236,656
Property, plant and equipment, net	4,635,071	3,306,275
Total assets	60,191,285	56,542,931
LIABILITIES AND STOCKHOLDERS' EQUITY
Accounts payable	2,662,701	3,751,209
Accrued expenses:
Salaries and wages	502,295	928,163
Vacation	534,025	511,144
ESOP payable	180,518
Other	1,284,491	757,552
Payroll and other taxes withheld	837	56,862
Contract liabilities	9,875,627	9,043,422
Income taxes payable	334,146	220,607
Total current liabilities	15,374,640	15,268,959
Total liabilities	15,374,640	15,268,959
Commitments and contingencies (See Note 5)
Authorized 10,000,000 shares; Issued 3,129,874 shares as of December 31, 2024 and June 30, 2024. Outstanding 2,796,758 and 2,733,958 shares as of December 31, 2024 and June 30, 2024, respectively (includes 200,652 and 211,487 Unearned ESOP shares, respectively)	1,043,291	1,043,291
Capital in excess of par value	24,851,718	23,930,428
Accumulated other comprehensive gain	5,004	6,544
Retained earnings	28,232,545	26,004,790
Total stockholders equity before ESOP	54,132,558	50,985,053
Less: Unearned ESOP shares	(3,868,093)	(3,868,093)
Cost of 333,116 and 395,916 shares of common stock in treasury as of December 31, 2024 and June 30, 2024, respectively	(5,447,820)	(5,842,988)
Total stockholders’ equity	44,816,645	41,273,972
Total liabilities and stockholders' equity	$ 60,191,285	$ 56,542,931