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Condensed Consolidated Balance Sheets - USD ($)
Dec. 31, 2023
Jun. 30, 2023
Current assets:    
Cash and cash equivalents $ 2,524,254 $ 3,091,062
Short term investments 12,071,737 17,064,274
Accounts receivable, less allowance for credit losses of $1,922 and $6,027, respectively 1,513,908 1,379,517
Inventories 5,166,667 6,423,441
Prepaid expenses and other current assets 1,062,264 1,002,514
Interest receivable 134,046 51,150
Income taxes receivable 127,363 86,901
Total current assets 22,600,239 29,098,859
Equipment and leasehold improvements, net 1,261,850 953,903
Other assets:    
Long term investments 5,000,920  
Operating lease right-of-use asset 2,884,497 3,015,887
Cash surrender value of life insurance 6,254,684 6,020,048
Total other assets 14,140,101 9,035,935
Total assets 38,002,190 39,088,697
Current liabilities:    
Accounts payable 262,502 267,513
Accrued liabilities 923,243 1,342,039
Deferred revenue 334,672 450,312
Operating lease liability 233,492 236,225
Income taxes payable 3,758 87,237
Total current liabilities 1,757,667 2,383,326
Long-term liabilities:    
Deferred compensation 2,060,375 1,997,120
Deferred revenue 120,644 113,003
Operating lease liability 2,663,148 2,787,970
Total long-term liabilities 4,844,167 4,898,093
Total liabilities 6,601,834 7,281,419
Stockholders' equity:    
Common stock, $0.005 par value, authorized 20,000,000 shares; issued and outstanding 9,254,795 and 9,234,795, respectively 46,274 46,174
Paid in capital 13,233,733 13,113,993
Retained earnings 18,120,349 18,647,111
Total stockholders' equity 31,400,356 31,807,278
Total liabilities and stockholders' equity $ 38,002,190 $ 39,088,697