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Condensed Consolidated Balance Sheets - USD ($)
Mar. 31, 2021
Jun. 30, 2020
Current assets:    
Cash and cash equivalents $ 6,028,952 $ 3,999,409
Accounts receivable, less allowance for doubtful accounts of $50,555 and $74,082, respectively 1,961,704 2,317,064
Inventories, net 6,857,171 5,538,794
Prepaid expenses and other current assets 480,129 267,647
Income taxes receivable 10,554 14,622
Total current assets 15,338,510 12,137,536
Equipment and leasehold improvements, net 1,307,307 983,641
Other assets:    
Operating lease right-of-use assets 2,375,797 2,582,402
Cash surrender value of life insurance 7,150,681 6,876,827
Total other assets 9,526,478 9,459,229
Total assets 26,172,295 22,580,406
Current liabilities:    
Accounts payable 950,303 827,705
Accrued liabilities 811,014 580,099
Deferred revenue 568,177 423,639
Operating lease liability 285,901 276,947
Short-term debt   506,700
Total current liabilities 2,615,395 2,615,090
Long-term liabilities:    
Deferred compensation 2,393,982 2,333,482
Deferred revenue 175,784 170,281
Operating lease liability 2,089,896 2,305,455
Total long-term liabilities 4,659,662 4,809,218
Total liabilities 7,275,057 7,424,308
Stockholders' equity:    
Common stock, $0.005 par value, authorized 20,000,000 shares; issued and outstanding 8,516,823 and 7,404,831, respectively 42,584 37,024
Paid in capital 10,456,658 6,882,729
Retained earnings 8,397,996 8,236,345
Total stockholders' equity 18,897,238 15,156,098
Total liabilities and stockholders' equity $ 26,172,295 $ 22,580,406