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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
3 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Cash Flows from Operating Activities:    
Net income $ 554,826 $ 178,351
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 248,500 193,677
Amortization of operating right-of-use asset 20,965 0
Stock compensation expense 93,432 119,567
Bad debt expense 125,000 125,000
(Increase) decrease in:    
Accounts receivables (1,154,077) (321,246)
Long-term receivables, prepaid and other assets 291,245 730,563
Right-of-use asset 0 (842,689)
(Decrease) increase in:    
Accounts payable 57,515 (89,198)
Accrued liabilities 501,063 (261,758)
Operating lease liability (20,965) 842,689
Deferred revenue 105,844 37,638
Net cash provided by operating activities 1,223,348 712,594
Cash Flows from Investing Activities:    
Purchase of property and equipment (12,925) (353,706)
Net cash used in investing activities (12,925) (353,706)
Cash Flows from Financing Activities:    
Net increase in lines of credit 620,000 0
Common Stock buyback/retirement 0 (517,360)
Proceeds from employee stock plan 50,328 63,523
Dividends paid (146,611) (146,611)
Payments on notes payable and capital leases (920,754) (72,420)
Net cash used in financing activities (397,037) (672,868)
Net increase in cash and cash equivalents 813,386 (313,980)
Cash and cash equivalents at beginning of period 20,345,330 18,609,423
Cash and cash equivalents at end of period 21,158,716 18,295,443
Supplemental disclosure of cash flow information:    
Cash paid for income taxes 25,899 79,073
Cash paid for interest 70,545 20,598
Cash paid for operating leases 30,600 30,600
Supplemental disclosure of non-cash investing and financing activities:    
Common stock to pay accrued liabilities 5,405 77,888
Dividends accrued on preferred stock $ 146,611 $ 146,611