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Condensed Consolidated Balance Sheets - USD ($)
Dec. 31, 2020
Jun. 30, 2020
Current assets:    
Cash and cash equivalents $ 4,394,719 $ 3,999,409
Accounts receivable, less allowance for doubtful accounts of $61,099 and $74,082, respectively 2,543,046 2,317,064
Inventories, net 5,803,014 5,538,794
Prepaid expenses and other current assets 403,126 267,647
Income taxes receivable 10,603 14,622
Total current assets 13,154,508 12,137,536
Equipment and leasehold improvements, net 1,204,641 983,641
Other assets:    
Operating lease right-of-use assets 2,445,397 2,582,402
Cash surrender value of life insurance 7,139,078 6,876,827
Total other assets 9,584,475 9,459,229
Total assets 23,943,624 22,580,406
Current liabilities:    
Accounts payable 1,110,240 827,705
Accrued liabilities 1,054,580 580,099
Deferred revenue 641,215 423,639
Operating lease liability 282,885 276,947
Short-term debt   506,700
Total current liabilities 3,088,920 2,615,090
Long-term liabilities:    
Deferred compensation 2,316,482 2,333,482
Deferred revenue 185,118 170,281
Operating lease liability 2,162,513 2,305,455
Total long-term liabilities 4,664,113 4,809,218
Total liabilities 7,753,033 7,424,308
Stockholders' equity:    
Common stock, $0.005 par value, authorized 20,000,000 shares; issued and outstanding 7,447,489 and 7,404,831, respectively 37,237 37,024
Paid in capital 7,281,190 6,882,729
Retained earnings 8,872,164 8,236,345
Total stockholders' equity 16,190,591 15,156,098
Total liabilities and stockholders' equity $ 23,943,624 $ 22,580,406