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Condensed Consolidated Balance Sheets (Current Period Unaudited)
Mar. 31, 2018
USD ($)
Jun. 30, 2017
USD ($)
CURRENT ASSETS:    
Cash and cash equivalents $ 7,065,272 $ 6,730,486
Accounts receivable, net 757,691 871,570
Accounts receivable - related parties 1,442,617 1,762,271
Inventories 944,386 444,274
Prepaid income tax and tax receivable 1,642,181 1,276,540
Investments 3,113,106 3,578,749
Other current assets 543,128 369,599
Total current assets 15,508,381 15,033,489
Restricted cash 14,486 14,870
Property and equipment, net 1,192,411 1,159,465
Goodwill 915,790 498,973
Intangible assets, net 3,057,996 899,276
Deferred tax assets, net 1,030,814 1,480,272
Other assets, long-term 518,710 509,538
Total assets 22,238,588 19,595,883
CURRENT LIABILITIES:    
Accounts payable and accrued expenses 2,686,564 2,842,855
Expense waivers - related parties 1,055,162 589,093
Purchase consideration payable 1,227,500
Notes payable - related parties 3,500 3,500
Equipment loans 47,067 17,388
Total current liabilities 5,019,793 3,452,836
Notes payable - related parties 600,000 600,000
Equipment loans, net of current portion 164,447 72,605
Deferred tax liabilities 258,601 258,601
Total liabilities 6,042,841 4,384,042
Commitments 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 March 31, 2018 and 29,559,139 at June 30, 2017 [1] 29,559 29,559
Additional paid-in capital 9,186,132 7,174,635
Accumulated other comprehensive income 252,864 119,338
Retained earnings 6,726,755 5,876,375
Total stockholders' equity 16,195,747 13,199,907
Total liabilities, convertible preferred stock, and stockholders' equity 22,238,588 19,595,883
Series B Convertible Preferred Stock [Member]    
Convertible preferred stock, $0.001 par value; 50,000,000 shares authorized    
Convertible preferred stock [1] 2,011,934
Series B Preferred Stock [Member]    
STOCKHOLDERS' EQUITY    
Convertible, Preferred stock, 50,000,000 authorized par $0.001 Series B: 436,951 issued and outstanding at March 31, 2018 and 0 at June 30, 2017 $ 437
[1] Share amounts adjusted for 30:1 reverse stock split (Note 14)