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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
9 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Cash Flows from Operating Activities:    
Net income $ 1,113,441 $ 3,720,103
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 609,037 429,718
Amortization of operating right of use asset 60,793 0
Stock compensation expense 291,630 473,556
Bad debt expense 375,000 350,000
(Increase) decrease in:    
Accounts receivables (350,908) 17,001
Operating right-of-use asset 60,793 0
Long-term receivables, prepaid and other assets 884,429 (759,122)
(Decrease) increase in:    
Accounts payable (187,291) (867,631)
Accrued liabilities (247,233) 392,089
Operating lease liability (60,794) 0
Deferred revenue (213,677) (271,752)
Net cash provided by operating activities 2,274,427 3,483,962
Cash Flows from Investing Activities:    
Purchase of long-term investments 0 (1,000)
Purchase of property and equipment (642,922) (45,197)
Net cash used in investing activities (642,922) (44,197)
Cash Flows from Financing Activities:    
Net increase in lines of credit 340,000 1,430,000
Proceeds from exercise of warrants 0 164,997
Common Stock buyback/retirement (2,158,471) 0
Proceeds from employee stock plan 120,923 0
Dividends paid (439,833) (293,222)
Payments on notes payable and capital leases (219,992) (1,488,610)
Net cash used in financing activities (2,357,373) (186,835)
Net increase (decrease) in cash and cash equivalents (725,868) 3,252,930
Cash and cash equivalents at beginning of period 18,609,423 14,892,439
Cash and cash equivalents at end of period 17,883,555 18,145,369
Supplemental disclosure of cash flow information:    
Cash paid for income taxes 100,158 143,909
Cash paid for interest 16,042 33,371
Supplemental disclosure of non-cash investing and financing activities:    
Common stock to pay accrued liabilities 284,135 436,911
Dividends accrued on preferred stock 439,833 439,832
Right-of-use asset $ 862,741 $ 0