Inventories

6 Months Ended

Dec. 31, 2025

Inventories

Inventories

NOTE 6 - Inventories

Inventories, net of reserves are valued at lower of cost (first-in, first-out method) or net realizable value. Inventories, net of reserves consist of the following (in thousands):

	December 31,		June 30,
	2025		2025
Component parts	$	26,641	$	26,967
Work-in-process		7,000		6,457
Finished product		9,670		7,851
	$	43,311	$	41,275
Classification of inventories:
Current	$	32,657	$	29,962
Non-current		10,654		11,313
	$	43,311	$	41,275

The reserve for excess and slow-moving inventory, which reduces inventory in our consolidated balance sheets were $5,388,000 and $5,515,000 as of December 31, 2025 and June 30, 2025, respectively.