Company: PDEX
Filing Date: 2025-01-30
Form Type: 10-Q
Source: 0001079973-25-000164
Chunk: 18

Company: PRO DEX INC
Filing Date: 2025-01-30
Form: 10-Q
Item: Item 2
Chunk 18
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 SEC. In addition, our Code of Ethics and other corporate governance documents may
be found on our website at the Internet address set forth above. Our filings with the SEC may also be read and copied at the SEC’s
Public Reference Room at 100 F Street, N.E., Washington, D.C. 20549. You may obtain information on the operation of the Public Reference
Room by calling the SEC at 1-800-SEC-0330. The SEC maintains an Internet site that contains reports, proxy and information statements,
and other information regarding issuers that file electronically with the SEC at www.sec.gov
and company specific information at www.sec.gov/edgar/searchedgar/companysearch.html.

Basis of Presentation

The condensed consolidated
results of operations presented in this report are not audited and are not necessarily indicative of the results to be expected for the
entirety of the fiscal year ending June 30, 2025, or any other interim period during such fiscal year. Our fiscal year ends on June 30
and our fiscal quarters end on September 30, December 31, and March 31. Unless otherwise stated, all dates refer to our fiscal year
and those fiscal quarters.

16 

Critical Accounting Estimates and Judgments

Our condensed
consolidated financial statements are prepared in accordance with accounting principles generally accepted in the United States. The preparation
of our financial statements requires management to make estimates and judgments that affect the reported amounts of assets, liabilities,
revenues, expenses, and related disclosures. We base our estimates on historical experience and various other assumptions that are believed
to be reasonable under the circumstances, the results of which form the basis for making judgments about the carrying values of assets
and liabilities that are not readily apparent from other sources. Actual results may differ from these estimates.

An accounting policy is
deemed to be critical if it requires an accounting estimate to be made based on assumptions about matters that are highly uncertain at
the time the estimate is made, and if different estimates that reasonably could have been used or changes in the accounting estimate that
are reasonably likely to occur could materially change the financial statements. Management believes that there have been no significant
changes during the three and six months ended December 31, 2024 to the items that we disclosed as our critical accounting policies in
Management’s Discussion and Analysis of Financial Condition and Results of Operations in our Annual Report on Form 10-K for the
fiscal year ended June 30, 2024.