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Consolidated Condensed Statements of Operations and Comprehensive Income (Loss) (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2023
Dec. 31, 2022
Revenue $ 5,125,751 $ 4,750,513 $ 10,185,863 $ 9,470,990
Operating expense:        
Cost of revenue and product support 973,287 866,642 1,739,621 1,699,346
Sales and marketing 1,264,377 1,226,812 2,769,878 2,427,071
General and administrative 1,347,278 1,252,357 2,626,601 2,475,819
Depreciation and amortization 299,958 229,160 608,903 465,166
Total operating expense 3,884,900 3,574,971 7,745,003 7,067,402
Income from operations 1,240,851 1,175,542 2,440,860 2,403,588
Other income (expense):        
Interest income 316,445 199,266 574,606 278,358
Interest expense (7,576) (18,058) (13,920) (42,710)
Unrealized gain (loss) on short term investments 15,456 (31,406) 42,642 (38,821)
Other gain (loss) 0 0 0 70,047
Income before income taxes 1,565,176 1,325,344 3,044,188 2,670,462
(Provision) for income taxes: (114,027) (60,000) (214,491) (120,006)
Net income 1,451,149 1,265,344 2,829,697 2,550,456
Dividends on preferred stock (146,611) (146,611) (293,222) (293,222)
Net income applicable to common shareholders $ 1,304,538 $ 1,118,733 $ 2,536,475 $ 2,257,234
Weighted average shares, basic (in shares) 18,162,000 18,402,000 18,193,000 18,419,000
Weighted average shares, diluted (in shares) 18,805,000 18,630,000 18,822,000 18,678,000
Basic income per share (in dollars per share) $ 0.07 $ 0.06 $ 0.14 $ 0.12
Diluted income per share (in dollars per share) $ 0.07 $ 0.06 $ 0.14 $ 0.12
Other comprehensive income (loss) Net income $ 1,451,149 $ 1,265,344 $ 2,829,697 $ 2,550,456
Unrealized loss on available-for-sale securities (5,904) 0 (5,904) 0
Total comprehensive income (loss) $ 1,445,245 $ 1,265,344 $ 2,823,793 $ 2,550,456