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Consolidated Statements of Operations - USD ($)
12 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Revenue $ 20,453,320 $ 19,098,910
Operating expense:    
Cost of revenue and product support 3,416,450 3,309,345
Sales and marketing 5,492,719 4,933,405
General and administrative 5,330,437 4,685,783
Depreciation and amortization 1,189,483 1,079,799
Total operating expense 15,429,089 14,008,332
Income from operations 5,024,231 5,090,578
Other income (expense):    
Interest income 1,272,719 821,777
Interest expense (28,166) (60,990)
Unrealized gain (loss) on short term investments 63,997 (9,752)
Other gain 0 70,047
Income before income taxes 6,332,781 5,911,660
(Provision) for income taxes (374,491) (321,371)
Net income 5,958,290 5,590,289
Dividends on Preferred Stock (549,645) (586,444)
Net income applicable to common shareholders $ 5,408,645 $ 5,003,845
Weighted average common shares outstanding, basic (in shares) 18,202,000 18,406,000
Weighted average common shares outstanding, diluted (in shares) 18,931,000 18,766,000
Basic earnings per share (in dollars per share) $ 0.3 $ 0.27
Diluted earnings per share (in dollars per share) $ 0.29 $ 0.27
Comprehensive income:    
Net income $ 5,958,290 $ 5,590,289
Other comprehensive loss:    
Unrealized loss on available-for-sale securities (27,390) 0
Total comprehensive income $ 5,930,900 $ 5,590,289