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CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($)
3 Months Ended 6 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2021
Dec. 31, 2020
Net sales:        
Revenues $ 33,408,000 $ 27,205,000 $ 64,459,000 $ 50,378,000
Cost of sales:        
Cost of sales 21,965,000 15,802,000 39,560,000 28,283,000
Gross Profit 11,443,000 11,403,000 24,899,000 22,095,000
Operating expenses:        
Research and development 1,978,000 1,884,000 3,909,000 3,773,000
Selling, general, and administrative expenses 8,195,000 5,850,000 15,541,000 11,999,000
Total Operating Expenses 10,173,000 7,734,000 19,450,000 15,772,000
Operating Income 1,270,000 3,669,000 5,449,000 6,323,000
Other income (expense):        
Interest and other income (expense), net 58,000 (3,000) 75,000 (9,000)
Gain on extinguishment of debt     3,904,000  
Income before Provision for Income Taxes 1,328,000 3,666,000 9,428,000 6,314,000
Provision for Income Taxes 291,000 469,000 639,000 798,000
Net Income $ 1,037,000 $ 3,197,000 $ 8,789,000 $ 5,516,000
Income per share:        
Basic (in dollars per share) $ 0.03 $ 0.09 $ 0.24 $ 0.15
Diluted (in dollars per share) $ 0.03 $ 0.09 $ 0.24 $ 0.15
Weighted average number of shares outstanding:        
Basic (in shares) 36,728,000 36,695,000 36,720,000 36,695,000
Diluted (in shares) 36,898,000 36,805,000 36,877,000 36,794,000
Equipment        
Net sales:        
Revenues $ 22,380,000 $ 19,016,000 $ 43,207,000 $ 34,914,000
Cost of sales:        
Cost of sales 20,571,000 14,599,000 36,743,000 25,906,000
Services        
Net sales:        
Revenues 11,028,000 8,189,000 21,252,000 15,464,000
Cost of sales:        
Cost of sales $ 1,394,000 $ 1,203,000 $ 2,817,000 $ 2,377,000