Inventories

3 Months Ended

Sep. 30, 2024

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):

	September 30,		June 30,
	2024		2024
Component parts	$	34,064	$	32,283
Work-in-process		7,213		7,509
Finished product		8,900		10,121
	$	50,177	$	49,913
Classification of inventories:
Current	$	36,395	$	34,804
Non-current		13,782		15,109
	$	50,177	$	49,913

The reserve for excess and slow-moving inventory, which reduces inventory in our consolidated balance sheets were $4,820,000 and $5,026,000 as of September 30, 2024 and June 30, 2024, respectively.