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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Dec. 31, 2019
Dec. 31, 2018
[1]
Dec. 31, 2019
Dec. 31, 2018
[1]
Net sales $ 4,162,659 $ 5,411,227 $ 9,573,421 $ 11,196,066
Cost of goods sold 2,798,572 3,748,732 6,861,880 7,702,387
Gross profit 1,364,087 1,662,495 2,711,541 3,493,679
Selling, general and administrative expenses 1,586,705 1,559,346 3,251,305 3,348,935
(Loss) income from operations (222,618) 103,149 (539,764) 144,744
Interest income 6,927 13,324
(Loss) income before income tax provision (215,691) 103,149 (526,440) 144,744
Income tax provision 22 22 25
Net (loss) income $ (215,713) $ 103,149 [2] $ (526,462) $ 144,719 [2],[3]
(Loss) income per common share:        
Basic (in dollars per share) $ (0.03) $ 0.01 [2] $ (0.07) $ 0.02 [2]
Diluted (in dollars per share) $ (0.03) $ 0.01 [2] $ (0.07) $ 0.02 [2]
Weighted-average number of shares:        
Basic (in shares) 7,404,831 7,404,831 [2] 7,404,831 7,397,291 [2]
Diluted (in shares) 7,404,831 7,413,391 [2] 7,404,831 7,423,517 [2]
[1] As adjusted for change in accounting principle (Note 2)
[2] As adjusted for change in accounting principle (Note 2)
[3] As adjusted for change in accounting principle (Note 2)