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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
3 Months Ended 6 Months Ended 12 Months Ended
Dec. 31, 2021
Sep. 30, 2021
Dec. 31, 2020
Sep. 30, 2020
Dec. 31, 2021
Dec. 31, 2020
Jun. 30, 2021
CASH FLOWS FROM OPERATING ACTIVITIES              
Net income $ 1,037,000 $ 7,752,000 $ 3,197,000 $ 2,319,000 $ 8,789,000 $ 5,516,000  
Adjustments to reconcile net income to net cash provided by operating activities:              
Depreciation and amortization         884,000 855,000  
Gain on marketable securities         36,000    
(Recovery of) provision for doubtful accounts           (130,000)  
Deferred income taxes         96,000 (82,000)  
Stock based compensation expense 1,255,000   84,000   1,344,000 188,000  
Gain on extinguishment of debt         (3,904,000)    
Changes in operating assets and liabilities:              
Accounts receivable         4,550,000 1,839,000  
Inventories         (5,287,000) 3,719,000  
Prepaid expenses and other current assets         (207,000) 189,000  
Other assets         (130,000)    
Accounts payable, accrued expenses, accrued salaries and wages, accrued income taxes         1,630,000 (3,157,000)  
Net Cash Provided by Operating Activities         7,801,000 8,937,000  
CASH FLOWS FROM INVESTING ACTIVITIES              
Purchases of property, plant, and equipment         (771,000) (389,000)  
Purchases of marketable securities         (40,000)    
Net Cash Used in Investing Activities         (811,000) (389,000)  
CASH FLOWS FROM FINANCING ACTIVITIES              
Proceeds from stock option exercises         155,000    
Net Cash Provided by Financing Activities         155,000    
Net increase in Cash and Cash Equivalents         7,145,000 8,548,000  
CASH AND CASH EQUIVALENTS - Beginning   $ 34,806,000   $ 18,248,000 34,806,000 18,248,000 $ 18,248,000
CASH AND CASH EQUIVALENTS - Ending $ 41,951,000   $ 26,796,000   41,951,000 26,796,000 $ 34,806,000
SUPPLEMENTAL CASH FLOW INFORMATION              
Interest paid         8,000 10,000  
Income taxes paid         $ 2,154,000 $ 1,351,000