Inventories

12 Months Ended

Jun. 30, 2021

Inventories

Inventories

NOTE 5 - 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 as of June 30, (in thousands):

	June 30,		June 30,
	2021		2020
Component parts	$	17,929	$	22,877
Work-in-process		6,158		7,276
Finished product		8,355		11,602
	$	32,442	$	41,755
Classification of inventories, net of reserves:
Current	$	25,278	$	35,231
Non-current		7,164		6,524
	$	32,442	$	41,755