Revenue Recognition

6 Months Ended

Dec. 31, 2024

Revenue Recognition [Abstract]

Revenue Recognition

5.    REVENUE RECOGNITION

The Company disaggregates its net sales by geographical location as it believes it best depicts how the nature, timing and uncertainty of net sales and cash flows are affected by economic factors. The following table summarizes net sales by geographical location:

	Three Months Ended				Six Months Ended
	December 31,				December 31,
	2024		2023		2024		2023
United States	$	2,181,541	$	2,666,978	$	4,348,905	$	5,270,669
Export		1,375,545		693,146		2,410,049		1,463,393
Net Sales	$	3,557,086	$	3,360,124	$	6,758,954	$	6,734,062

Deferred revenue relates primarily to consumer and customer warranties. These constitute future performance obligations, and the Company defers revenue related to these future performance obligations. Effective July 1, 2023, the Company increased its deferral rates from 2.4% to 3% for domestic sales and decreased its deferral rate from 10% to 8% for export sales to reflect recent warranty experience. In the six months ended December 31, 2024 and 2023, the Company recognized revenue, which was included in the

deferred revenue liability at the beginning of those periods of $141,787 and $197,718, respectively, for performance obligations related to consumer and customer warranties. The Company estimates that the deferred revenue performance obligations are satisfied within one year to three years and therefore uses that same timeframe for recognition of the deferred revenue.