Inventories

9 Months Ended

Mar. 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):

	March 31,		June 30,
	2025		2024
Component parts	$	30,528	$	32,283
Work-in-process		7,496		7,509
Finished product		8,836		10,121
	$	46,860	$	49,913
Classification of inventories:
Current	$	34,450	$	34,804
Non-current		12,410		15,109
	$	46,860	$	49,913

The reserve for excess and slow-moving inventory, which reduces inventory in our consolidated balance sheets were $5,139,000 and $5,026,000 as of March 31, 2025 and June 30, 2024, respectively.