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Condensed Consolidated Balance Sheets - USD ($)
Sep. 30, 2020
Jun. 30, 2020
Current assets:    
Cash and cash equivalents $ 3,449,945 $ 3,999,409
Accounts receivable, less allowance for doubtful accounts of $89,747 and $74,082, respectively 3,229,028 2,317,064
Inventories, net 5,297,253 5,538,794
Prepaid expenses and other current assets 467,762 267,647
Income taxes receivable 13,143 14,622
Total current assets 12,457,131 12,137,536
Equipment and leasehold improvements, net 1,174,359 983,641
Other assets:    
Operating lease right-of-use assets 2,514,263 2,582,402
Cash surrender value of life insurance 7,137,680 6,876,827
Total other assets 9,651,943 9,459,229
Total assets 23,283,433 22,580,406
Current liabilities:    
Accounts payable 938,955 827,705
Accrued liabilities 849,434 580,099
Deferred revenue 544,251 423,639
Operating lease liability 279,900 276,947
Short-term debt 506,700 506,700
Total current liabilities 3,119,240 2,615,090
Long-term liabilities:    
Deferred compensation 2,316,982 2,333,482
Deferred revenue 176,828 170,281
Operating lease liability 2,234,363 2,305,455
Total long-term liabilities 4,728,173 4,809,218
Total liabilities 7,847,413 7,424,308
Stockholders' equity:    
Common stock, $0.005 par value, authorized 20,000,000 shares; issued and outstanding 7,404,831 37,024 37,024
Paid in capital 7,035,723 6,882,729
Retained earnings 8,363,273 8,236,345
Total stockholders' equity 15,436,020 15,156,098
Total liabilities and stockholders' equity $ 23,283,433 $ 22,580,406