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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
6 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Cash flows operating activities:    
Net income $ 2,177,685 $ 841,454
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 510,097 416,177
Amortization of operating right-of-use asset 42,196 40,239
Stock compensation expense 166,923 244,505
Bad debt expense 310,000 250,000
Gain on debt extinguishment (1,099,350) 0
(Increase) decrease in:    
Accounts receivables 520,719 (231,438)
Long-term receivables, prepaid and other assets 685,158 665,474
(Decrease) increase in:    
Accounts payable 131,654 225,970
Operating lease liability (42,196) (40,239)
Accrued liabilities 590,271 (284,418)
Deferred revenue (237,143) 543,861
Net cash provided by operating activities 3,756,014 2,671,585
Cash flows investing activities:    
Purchase of property and equipment (103,218) (581,750)
Net cash used in investing activities (103,218) (581,750)
Cash flows financing activities:    
Net increase in lines of credit 1,060,175 0
Common stock buyback/retirement 0 (1,355,037)
Proceeds from employee stock plan 50,328 63,523
Dividends paid (293,222) (293,222)
Payments on notes payable (920,754) (145,747)
Net cash used in financing activities (103,473) (1,730,483)
Net increase in cash and cash equivalents 3,549,323 359,352
Cash and cash equivalents at beginning of period 20,345,330 18,609,423
Cash and cash equivalents at end of period 23,894,653 18,968,775
Supplemental disclosure of cash flow information:    
Cash paid for income taxes 55,772 100,158
Cash paid for interest 70,545 16,042
Cash paid for operating leases 71,200 71,200
Supplemental disclosure of non-cash investing and financing activities:    
Common stock to pay accrued liabilities 139,359 155,325
Dividends accrued on preferred stock 293,222 293,222
Right of use asset $ 0 $ 842,689