Inventories

6 Months Ended

Dec. 31, 2020

Inventory Disclosure [Abstract]

Inventories

The components of inventories include the following:

	December 31, 2020			June 30, 2020
Raw materials	$	4,094,767		$	3,876,955
Work in process		3,390,968			2,989,070
Finished goods		3,302,822			3,134,800
Allowance for obsolescence		(1,095,280	)		(1,016,343	)
	$	9,693,277		$	8,984,482

The value of tooling in raw materials, net of the related allowance for obsolescence, was approximately $2.1 million and $2.3 million at December 31, 2020 and June 30, 2020, respectively.