Balance Sheets - USD ($)	Mar. 31, 2026	Jun. 30, 2025
ASSETS
Cash and cash equivalents	$ 21,159,609	$ 18,862,645
Investment securities	25,500,533	24,717,245
Trade accounts receivable, less allowance for credit losses of $3,000	6,294,308	7,598,888
Inventories:
Raw materials	2,350,451	2,120,462
Work-in-process	717,331	681,334
Costs related to contracts in process	23,512,286	15,040,253
Total inventories	26,580,068	17,842,049
Prepaid expenses and other current assets	10,588,998	4,933,562
Total current assets	90,123,516	73,954,389
Net deferred tax assets	1,535,103	1,202,019
Property, plant and equipment, net	4,345,029	3,960,156
Total assets	96,003,648	79,116,564
LIABILITIES AND STOCKHOLDERS' EQUITY
Accounts payable	3,096,274	2,641,576
Accrued expenses:
Salaries and wages	1,425,329	1,185,387
Vacation	563,351	568,078
ESOP payable	463,611
Other	347,074	594,153
Payroll and other taxes withheld	904	93,456
Contract liabilities	33,493,308	22,886,404
Income taxes payable	198,405	298,510
Total current liabilities	39,588,256	28,267,564
Total liabilities	39,588,256	28,267,564
Commitments and contingencies
Common stock, par value $.33-1/3 per share Authorized 10,000,000 shares; Issued 3,129,874 shares as of March 31, 2026 and June 30, 2025. Outstanding 2,987,077 and 2,896,368 shares as of March 31, 2026 and June 30, 2025, respectively (includes 173,932 and 211,487 Unearned ESOP shares, respectively)	1,043,291	1,043,291
Capital in excess of par value	26,666,238	26,331,842
Accumulated other comprehensive gain	11,365	11,596
Retained earnings	35,261,324	31,550,390
Total stockholders equity before ESOP	62,982,218	58,937,119
Less: Unearned ESOP shares	(3,471,747)	(3,471,747)
Cost of 142,797 and 233,506 shares of common stock in treasury as of March 31, 2026 and June 30, 2025, respectively	(3,095,079)	(4,616,372)
Total stockholders' equity	56,415,392	50,849,000
Total liabilities and stockholders' equity	$ 96,003,648	$ 79,116,564