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Condensed Consolidated Balance Sheets - USD ($)
Mar. 31, 2024
Jun. 30, 2023
Current assets:    
Cash and cash equivalents $ 2,912,679 $ 3,091,062
Short term investments 7,020,288 17,064,274
Accounts receivable, less allowance for credit losses of $1,922 and $6,027, respectively 1,197,055 1,379,517
Inventories 4,661,005 6,423,441
Prepaid expenses and other current assets 1,117,276 1,002,514
Interest receivable 116,575 51,150
Income taxes receivable 210,778 86,901
Total current assets 17,235,656 29,098,859
Equipment and leasehold improvements, net 1,272,817 953,903
Other assets:    
Long term investments 10,012,611  
Operating lease right-of-use asset 2,825,348 3,015,887
Cash surrender value of life insurance 6,258,436 6,020,048
Total other assets 19,096,395 9,035,935
Total assets 37,604,868 39,088,697
Current liabilities:    
Accounts payable 215,705 267,513
Accrued liabilities 901,297 1,342,039
Deferred revenue 292,795 450,312
Operating lease liability 236,570 236,225
Income taxes payable 5,281 87,237
Total current liabilities 1,651,648 2,383,326
Long-term liabilities:    
Deferred compensation 2,110,507 1,997,120
Deferred revenue 117,402 113,003
Operating lease liability 2,602,838 2,787,970
Total long-term liabilities 4,830,747 4,898,093
Total liabilities 6,482,395 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 13,269,630 13,113,993
Retained earnings 17,806,569 18,647,111
Total stockholders' equity 31,122,473 31,807,278
Total liabilities and stockholders' equity $ 37,604,868 $ 39,088,697