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Consolidated Statements of Operations - USD ($)
12 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Revenue $ 18,046,941 $ 21,007,076
Operating expense:    
Cost of revenue and product support 3,186,712 6,884,647
Sales and marketing 4,853,926 4,995,578
General and administrative 4,716,131 5,214,936
Depreciation and amortization 875,551 1,019,515
Total operating expense 13,632,320 18,114,676
Income from operations 4,414,621 2,892,400
Other income (expense):    
Interest income 199,124 237,269
Interest expense (44,307) (106,680)
Realized loss on short term investments (347,645) 0
Unrealized gain on short term investments 0 61,953
Other gain (loss) (88,730) 1,109,350
Income before income taxes 4,133,063 4,194,292
(Provision) for income taxes (129,968) (76,897)
Net income 4,003,095 4,117,395
Dividends on Preferred Stock (586,444) (586,444)
Net income applicable to common shareholders $ 3,416,651 $ 3,530,951
Weighted average shares, basic (in shares) 19,087,000 19,502,000
Weighted average shares, diluted (in shares) 19,380,000 19,754,000
Basic earnings per share (in dollars per share) $ 0.18 $ 0.18
Diluted earnings per share (in dollars per share) $ 0.18 $ 0.18