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WARRANTY
9 Months Ended
Mar. 31, 2025
Guarantees and Product Warranties [Abstract]  
WARRANTY

NOTE 6. WARRANTY

 

The warranty accrual is based on historical costs of warranty repairs and expected future identifiable warranty expenses and is included in accrued expenses in the accompanying condensed consolidated balance sheets. As of March 31, 2025 and June 30, 2024, the warranty reserve amounted to $326,000 and $277,000, respectively. Warranty expenses are included in cost of sales in the accompanying condensed consolidated income statements. Changes in estimates to previously established warranty accruals result from current period updates to assumptions regarding repair costs and warranty return rates and are included in current period warranty expense.

Information regarding the accrual for warranty costs for the three and nine months ended March 31, 2025 and 2024, are as follows (in thousands):

         
   As of and for the
Three Months Ended
March 31,
 
   2025   2024 
Beginning balance   $312   $194 
Accruals during the period    51    102 
Changes in estimates of prior period warranty accruals    11     
Warranty amortization and utilization    (48)   (23)
Ending balance   $326   $273 

 

         
   As of and for the
Nine Months Ended
March 31,
 
   2025   2024 
Beginning balance   $277   $200 
Accruals during the period    189    155 
Changes in estimates of prior period warranty accruals    (14)   7 
Warranty amortization and utilization    (126)   (89)
Ending balance   $326   $273