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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
12 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Net (loss) income $ (963,636) $ 1,389,000
Adjustments to reconcile net (loss) income to net cash provided by operating activities:    
(Recovery of) provision for doubtful accounts (1,872) 28,514
Loss on disposal of equipment and leasehold improvements 6,230 40,710
Depreciation of equipment and leasehold improvements 503,585 487,134
Stock-based compensation expense 349,754 444,175
Deferred income taxes 170,299 702,013
Change in cash surrender value of life insurance 223,896 177,740
Change in deferred compensation accrual 256,704 230,228
Deferred compensation paid (150,000) (150,000)
Net changes in operating assets and liabilities (see note 14) 287,084 (2,679,409)
Cash provided by operating activities 234,252 314,625
Investing activities:    
Life insurance premiums paid (133,928) (129,702)
Purchase of equipment and leasehold improvements (403,434) (449,796)
Cash (used in) investing activities (537,362) (579,498)
Financing activities:    
Net (decrease) in cash and cash equivalents (303,110) (264,873)
Cash and cash equivalents at beginning of year 735,393 1,000,266
Cash and cash equivalents at end of year $ 432,283 $ 735,393