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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
6 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Operating activities:    
Net (loss) income $ (526,462) $ 144,719 [1],[2],[3]
Adjustments to reconcile net income to net cash provided by operating activities:    
(Recovery of) provision for doubtful accounts (13,338) 30,806 [2]
Depreciation of equipment and leasehold improvements 189,138 248,830 [2]
Stock-based compensation expense 284,894 251,169 [2]
Deferred income taxes 11,650 [2]
Change in cash surrender value of life insurance (145,605) (24,744) [2]
Change in deferred compensation accrual 37,016 87,977 [2]
Deferred compensation paid (75,000) (75,000) [2]
Net changes in operating assets and liabilities:    
Accounts receivable 1,200,714 1,669,262 [2]
Inventories 150,137 (1,046,995) [2]
Prepaid expenses and other current assets (100,724) (59,861) [2]
Income taxes receivable (10,569) 25 [2]
Accounts payable (607,099) 360,477 [2]
Accrued liabilities 111,312 (151,210) [2]
Deferred revenue (153,076) (81,388) [2]
Net cash provided by operating activities 352,988 1,354,067
Investing activities:    
Purchase of equipment and leasehold improvements (239,392) (112,599) [2]
Life insurance premiums paid (112,794) (122,915) [2]
Net cash (used in) investing activities (352,186) (235,514) [2]
Financing activities:    
Proceeds from exercise of stock options 46,677 [2]
Net cash provided by financing activities 46,677 [2]
Net increase in cash and cash equivalents 802 1,165,230 [2]
Cash and cash equivalents at beginning of period 2,228,282 [4] 1,081,533 [2]
Cash and cash equivalents at end of period $ 2,229,084 $ 2,246,763 [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)
[4] As adjusted for change in accounting principle (Note 2)