Note 2 - Basis of Presentation

9 Months Ended

Mar. 31, 2020

Notes to Financial Statements

Basis of Accounting [Text Block]

2.

Basis of Presentation

 The accompanying unaudited consolidated financial statements have been prepared in conformity with accounting principles generally accepted in the United States of America (“GAAP”) for interim financial information, pursuant to the rules and regulations of the Securities and Exchange Commission (“SEC”), including instructions to Form

10

-Q and Article

8

of Regulation S-

X.

Accordingly, they do

not

include all the information and footnotes required by GAAP for complete annual consolidated financial statements. In the opinion of management, all adjustments considered necessary for a fair statement of the consolidated financial statements have been included. All such adjustments are of a normal recurring nature. The consolidated financial statements should be read in conjunction with the audited financial statements and notes included in the Company

’s Form

10

-K for the fiscal year ended

June 

30,

2019.

The results of operations for the

three

and

nine

 months ended

March 31, 2020 

are

not

necessarily indicative of the results that

may

be expected for the fiscal year ending

June 

30,

2020.