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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
6 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Cash Flows from Operating Activities:    
Net income $ 841,454 $ 2,652,017
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 416,177 289,405
Amortization of operating right of use asset 40,239 0
Stock compensation expense 244,505 323,273
Bad debt expense 250,000 200,000
(Increase) decrease in:    
Accounts receivables (231,438) 208,051
Long-term receivables, prepaid and other assets 665,474 (1,892,581)
(Decrease) increase in:    
Accounts payable 225,970 (652,283)
Operating Lease liability (40,239) 0
Accrued liabilities (284,418) 366,966
Deferred revenue 543,861 335,734
Net cash provided by operating activities 2,671,585 1,830,582
Cash Flows from Investing Activities:    
Purchase of property and equipment (581,750) (3,547)
Net cash used in investing activities (581,750) (3,547)
Cash Flows from Financing Activities:    
Net increase in lines of credit 0 (1,430,000)
Proceeds from exercise of warrants 0 164,977
Common Stock buyback/retirement (1,355,037) 0
Proceeds from employee stock plan 63,523 0
Dividends paid (293,222) (146,611)
Payments on notes payable and capital leases (145,747) (1,485,578)
Net cash used in financing activities (1,730,483) (37,192)
Net increase in cash and cash equivalents 359,352 1,789,843
Cash and cash equivalents at beginning of period 18,609,423 14,892,439
Cash and cash equivalents at end of period 18,968,775 16,682,282
Supplemental disclosure of cash flow information:    
Cash paid for income taxes 100,158 47,500
Cash paid for interest 16,042 5,622
Supplemental disclosure of non-cash investing and financing activities:    
Common stock to pay accrued liabilities 155,325 253,017
Dividends accrued on preferred stock 293,222 293,222
Right of use asset $ 842,689 $ 0