XML 15 R4.htm IDEA: XBRL DOCUMENT v3.21.2
Consolidated Statements of Operations - USD ($)
12 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Income Statement [Abstract]    
Revenue $ 21,007,076 $ 20,038,054
Operating expense:    
Cost of revenue and product support 6,884,647 6,997,424
Sales and marketing 4,995,578 5,775,309
General and administrative 5,214,936 4,948,443
Depreciation and amortization 1,019,515 838,866
Total operating expenses 18,114,676 18,560,042
Income from operations 2,892,400 1,478,012
Other income (expense):    
Interest income 237,269 224,908
Interest expense (106,680) (67,732)
Unrealized gain on short term investments 61,953 0
Gain on debt extinguishment 1,109,350 0
Income before income taxes 4,194,292 1,635,188
(Provision) for income taxes (76,897) (41,919)
Net income 4,117,395 1,593,269
Dividends on preferred stock (586,444) (586,444)
Net income (loss) applicable to common shareholders $ 3,530,951 $ 1,006,825
Weighted average shares, basic 19,502,000 19,651,000
Weighted average shares, diluted 19,754,000 19,863,000
Basic earnings (loss) per share $ 0.18 $ 0.05
Diluted earnings (loss) per share $ 0.18 $ 0.05