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Note 11 - Assurance Warranty Accrual
9 Months Ended
Mar. 31, 2022
Notes to Financial Statements  
Product Warranty Disclosure [Text Block]

11.   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 of the 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.

 

  

Mar. 31,

2022

(Unaudited)

  

June 30,

2021

 

Beginning

 $14  $12 

Additions charged to cost and expenses

  2   7 

Reversal

  -   (4

)

Currency translation effect

  -   (1

)

Ending

 $16  $14