XML 29 R18.htm IDEA: XBRL DOCUMENT v3.20.1
Note 2 - Change in Accounting Principle (Tables)
9 Months Ended
Mar. 31, 2020
Notes Tables  
Accounting Standards Update and Change in Accounting Principle [Table Text Block]
     
 
 
 
Stock-Based
     
 
 
Balance Sheet
 
As Previously
   
Compensation
   
As
 
June 30, 2019
 
Reported
   
Adjustment
   
Adjusted
 
Equity:
                       
Paid in capital
  $
6,186,393
    $
146,742
    $
6,333,135
 
Retained earnings
  $
8,848,684
    $
(146,742
)   $
8,701,942
 
     
 
 
 
Stock-Based
     
 
 
Statement of Operations
 
As Previously
   
Compensation
   
As
 
Three Months Ended March 31, 2019
 
Reported
   
Adjustment
   
Adjusted
 
Selling, general and administrative expenses
  $
1,505,922
    $
34,426
    $
1,540,348
 
Income from operations
   
149,286
     
(34,426
)    
114,860
 
Net income
  $
172,306
    $
(34,426
)   $
137,880
 
                         
Income per common share
                       
Basic
  $
0.02
    $
(0.00
)   $
0.02
 
Diluted
  $
0.02
    $
(0.00
)   $
0.02
 
     
 
 
 
Stock-Based
     
 
 
Statement of Operations
 
As Previously
   
Compensation
   
As
 
Nine Months Ended March 31, 2019
 
Reported
   
Adjustment
   
Adjusted
 
Selling, general and administrative expenses
  $
4,798,045
    $
91,239
    $
4,889,284
 
Income from operations
   
350,843
     
(91,239
)    
259,604
 
Net income
  $
373,838
    $
(91,239
)   $
282,599
 
                         
Income per common share
                       
Basic
  $
0.05
    $
(0.01
)   $
0.04
 
Diluted
  $
0.05
    $
(0.01
)   $
0.04
 
     
 
 
 
Stock-Based
     
 
 
Statement of Cash Flows
 
As Previously
   
Compensation
   
As
 
Nine Months Ended March 31, 2019
 
Reported
   
Adjustment
   
Adjusted
 
Operating activities:
                       
Net income
  $
373,838
    $
(91,239
)   $
282,599
 
Stock-based compensation expense
  $
292,186
    $
91,239
    $
383,425