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Condensed Consolidated Balance Sheets (Current Period Unaudited)
Mar. 31, 2019
USD ($)
Jun. 30, 2018
USD ($)
CURRENT ASSETS:    
Cash and cash equivalents $ 8,731,303 $ 7,524,114
Accounts receivable, net 1,050,412 1,068,240
Accounts receivable - related parties 1,207,361 1,458,159
Inventories 1,212,076 931,065
Prepaid income tax and tax receivable 2,159,380 2,138,636
Investments 1,035,991 3,204,005
Other current assets 482,851 374,617
Total current assets 15,879,374 16,698,836
Restricted cash 13,609 13,536
Property and equipment, net 854,245 1,080,471
Goodwill 915,790 915,790
Intangible assets, net 2,743,370 2,995,231
Deferred tax assets, net 865,120 865,120
Other assets 523,607 532,165
Total assets 21,795,115 23,101,149
CURRENT LIABILITIES:    
Accounts payable and accrued expenses 3,042,058 3,249,387
Expense waivers 462,462 662,650
Purchase consideration payable 1,205,000
Notes payable - related parties 3,500 3,500
Equipment loans 25,463 46,705
Total current liabilities 3,533,483 5,167,242
Notes payable - related parties 600,000 600,000
Equipment loans, net of current portion 66,461 149,491
Deferred tax liabilities 208,419 208,419
Total liabilities 4,408,363 6,125,152
STOCKHOLDERS' EQUITY    
Convertible preferred stock, par value $0.001; 50,000,000 shares authorized Series B: 53,032 issued and outstanding at March 31, 2019 and 436,951 at June 30, 2018 53 437
Common stock, $0.001 par value; 900,000,000 shares authorized; 37,237,519 shares issued and outstanding at March 31, 2019 and 29,559,139 at June 30, 2018 37,237 29,559
Additional paid-in capital 9,178,838 9,186,132
Accumulated other comprehensive income (144,939) 148,808
Retained earnings 8,315,563 7,611,061
Total stockholders' equity 17,386,752 16,975,997
Total liabilities and stockholders' equity $ 21,795,115 $ 23,101,149