Annual report pursuant to Section 13 and 15(d)

Inventory

v3.24.3
Inventory
12 Months Ended
Jun. 30, 2024
Inventory [Abstract]  
Inventory

Note 5: Inventory

 

Inventory consisted of the following as of June 30, 2024 and June 30, 2023 (in thousands):

 

    June 30,
2024
   

June 30,

2023

 
Raw Materials   $ 1,591     $ 1,574  
Work in Process     312       3,741  
Finished Goods     320       2,233  
Total Inventory   $ 2,223     $ 7,548  

 

During the year ended June 30, 2024, the Company recorded a $2.8 million expense to cost of goods sold for the disposal of inventory manufactured using technology challenged in the Qorvo lawsuit and agreed to be destroyed by the Company.