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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
9 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Cash Flows from Operating Activities:    
Net income $ 3,720,103 $ 2,138,663
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 429,718 487,815
Stock compensation expense 473,556 489,748
Bad debt expense 350,000 295,050
(Increase) decrease in:    
Accounts receivables 17,001 (2,999,613)
Long-term receivables, prepaid and other assets (759,122) 764,513
(Decrease) increase in:    
Accounts payable (867,631) 688,073
Accrued liabilities 392,089 (98,821)
Deferred revenue (271,752) 9,548
Net cash provided by operating activities 3,483,962 1,774,976
Cash Flows from Investing Activities:    
Capitalization of software costs 0 (111,241)
Purchase of long-term investments 1,000 0
Purchase of property and equipment (45,197) (204,004)
Net cash used in investing activities (44,197) (315,245)
Cash Flows from Financing Activities:    
Net increase in lines of credit 1,430,000 380,000
Proceeds from issuance of note payable 0 56,078
Redemption of Series B-1 Preferred 0 (999,990)
Proceeds from exercise of warrants 164,997 666,903
Proceeds from employee stock plan 0 244,417
Dividends paid (293,222) (488,897)
Payments on notes payable and capital leases (1,488,610) (544,088)
Net cash used in financing activities (186,835) (685,577)
Net increase in cash and cash equivalents 3,252,930 774,154
Cash and cash equivalents at beginning of period 14,892,439 14,054,006
Cash and cash equivalents at end of period 18,145,369 14,828,160
Supplemental disclosure of cash flow information:    
Cash paid for income taxes 143,909 42,630
Cash paid for interest 33,371 146,889
Supplemental disclosure of non-cash investing and financing activities:    
Common stock to pay accrued liabilities 436,911 971,127
Preferred stock to pay accrued liabilities 0 200,000
Dividends accrued on preferred stock $ 439,832 $ 426,737