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Consolidated Condensed Statements of Operations (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2021
Dec. 31, 2020
Revenue $ 4,353,587 $ 5,174,204 $ 8,913,264 $ 10,399,606
Operating expense:        
Cost of services and product support 817,213 2,091,588 1,663,700 4,072,545
Sales and marketing 1,152,036 1,205,295 2,340,929 2,488,336
General and administrative 1,209,002 1,231,139 2,305,658 2,313,064
Depreciation and amortization 217,767 261,597 478,931 510,097
Total operating expense 3,396,018 4,789,619 6,789,218 9,384,042
Income from operations 957,569 384,585 2,124,046 1,015,564
Other income (expense):        
Interest income 86,884 81,503 142,040 115,844
Interest expense (3,303) (1,907) (6,201) (72,452)
Unrealized gain (loss) on short term investments (113,807) 71,828 (263,098) 55,565
Other gain (loss) 0 1,099,350 (83,081) 1,099,350
Income before income taxes 927,343 1,635,359 1,913,706 2,213,871
(Provision) for income taxes: (55,275) (12,500) (94,821) (36,186)
Net income 872,068 1,622,859 1,818,885 2,177,685
Dividends on preferred stock (146,611) (146,611) (293,222) (293,222)
Net income applicable to common shareholders $ 725,457 $ 1,476,248 $ 1,525,663 $ 1,884,463
Weighted average shares, basic (in shares) 19,357,000 19,526,000 19,370,000 19,508,000
Weighted average shares, diluted (in shares) 19,682,000 19,716,000 19,658,000 19,653,000
Basic income per share (in dollars per share) $ 0.04 $ 0.08 $ 0.08 $ 0.10
Diluted income per share (in dollars per share) $ 0.04 $ 0.08 $ 0.08 $ 0.10