Balance Sheets (Unaudited) - USD ($)	Dec. 31, 2023	Jun. 30, 2023
ASSETS
Cash and cash equivalents	$ 3,602,933	$ 2,748,755
Investment securities	13,871,894	11,964,673
Trade accounts receivable, less allowance for credit losses of $3,000	5,961,267	5,755,282
Income tax receivable		35,666
Inventories:
Raw materials	1,870,911	1,889,702
Work-in-process	938,065	681,300
Costs related to contracts in process	15,053,283	17,318,579
Total inventories	17,862,259	19,889,581
Deferred tax assets	75,021
Prepaid expenses and other current assets	3,897,388	4,282,477
Total current assets	45,270,762	44,676,434
Property, plant and equipment, net	5,092,471	2,825,089
Total assets	50,363,233	47,501,523
LIABILITIES AND STOCKHOLDERS' EQUITY
Accounts payable	2,104,386	1,212,375
Accrued expenses:
Salaries and wages	508,218	890,748
Vacation	521,543	685,188
ESOP payable	113,271
Other	984,103	547,747
Payroll and other taxes withheld	54,256	66,042
Contract liabilities	7,624,002	8,081,838
Income taxes payable	229,625
Total current liabilities	12,139,404	11,483,938
Deferred tax liabilities		137,827
Total liabilities	12,139,404	11,621,765
Commitments and contingencies (See Note 5)
Authorized 10,000,000 shares; Issued 3,129,874 shares as of December 31, 2023 and June 30, 2023. Outstanding 2,706,633 and 2,702,633 shares as of December 31, 2023 and June 30, 2023, respectively (includes 222,565 and 233,645 Unearned ESOP shares, respectively)	1,043,291	1,043,291
Capital in excess of par value	23,448,890	23,283,245
Accumulated other comprehensive gain (loss)	2,988	(2,429)
Retained earnings	24,015,739	21,867,720
Total stockholders equity before ESOP	48,510,908	46,191,827
Less: Unearned ESOP shares	(4,273,378)	(4,273,378)
Cost of 423,241 and 427,241 shares of common stock in treasury as of December 31, 2023 and June 30, 2023, respectively	(6,013,701)	(6,038,691)
Total stockholders’ equity	38,223,829	35,879,758
Total liabilities and stockholders' equity	$ 50,363,233	$ 47,501,523