XML 31 R20.htm IDEA: XBRL DOCUMENT v3.23.3
Note 13 - Warranty Accrual
12 Months Ended
Jun. 30, 2023
Notes to Financial Statements  
Product Warranty Disclosure [Text Block]

13.  ASSURANCE WARRANTY ACCRUAL

 

The Company provides for the estimated costs that may be incurred under its warranty program at the time the sale is recorded. The warranty period for products manufactured by the Company is generally one year or the warranty period agreed upon with the customer. The Company estimates the warranty costs based on the historical rates of warranty returns. The Company periodically assesses the adequacy of its recorded warranty liability and adjusts the amounts as necessary.

 

  

For the Year Ended June 30,

 
  

2023

  

2022

 
         

Beginning

 $16  $14 

Additions charged to cost and expense

  32   7 

(Utilization)/ Recovery

  (25

)

  (4

)

Currency translation effect

  1   (1

)

Ending

 $24  $16