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Condensed Consolidated Balance Sheets (Current Period Unaudited)
Dec. 31, 2017
USD ($)
Jun. 30, 2017
USD ($)
CURRENT ASSETS:    
Cash and cash equivalents $ 5,627,099 $ 6,730,486
Accounts receivable, net 1,170,918 871,570
Accounts receivable - related parties 1,602,428 1,762,271
Inventories 926,422 444,274
Prepaid income tax and tax receivable 1,629,354 1,276,540
Investments 3,367,855 3,578,749
Other current assets 194,546 369,599
Total current assets 14,518,622 15,033,489
Restricted cash 14,395 14,870
Total property, plant and equipment, net 1,262,252 1,159,465
Goodwill 3,355,966 498,973
Intangible assets - net 839,319 899,276
Deferred tax assets, net 1,030,814 1,480,272
Other assets, long-term 518,073 509,538
Total assets 21,539,441 19,595,883
CURRENT LIABILITIES:    
Accounts payable and accrued expenses 2,332,866 2,842,855
Expense waivers - related parties 866,316 589,093
Purchase consideration payable 1,250,000
Notes payable - related parties 3,500 3,500
Equipment loans 51,274 17,388
Total current liabilities 4,503,956 3,452,836
Notes payable - related parties 600,000 600,000
Equipment loans, net of current portion 199,075 72,605
Deferred tax liabilities 258,601 258,601
Total liabilities 5,561,632 4,384,042
Conmmitments and Contingencies (Note 16)
Convertible preferred stock, $0.001 par value; 50,000,000 shares authorized    
Convertible preferred stock 2,011,934
STOCKHOLDERS' EQUITY    
Common stock, $0.001 par value; 900,000,000 shares authorized; 29,559,139 shares issued and outstanding at December 31, 2017 and 29,559,139 at June 30, 2017 1 [1] 29,559 29,559
Additional paid-in capital 9,186,132 7,174,635
Accumulated other comprehensive income 35,706 119,338
Retained earnings 6,725,976 5,876,375
Total stockholders' equity 15,977,810 13,199,907
Total liabilities, convertible preferred stock, and stockholders' equity 21,539,441 19,595,883
Series B Convertible Preferred Stock [Member]    
Convertible preferred stock, $0.001 par value; 50,000,000 shares authorized    
Convertible preferred stock 2,011,934
Series B Preferred Stock [Member]    
STOCKHOLDERS' EQUITY    
Preferred stock, 50,000,000 authorized par $0.001 Series B: 436,951 issued and outstanding at December 31, 2017 and 0 at June 30, 2017 $ 437
[1] Share amounts adjusted for 30:1 reverse stock split (Note 14)