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CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($)
3 Months Ended 6 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2022
Dec. 31, 2021
Net sales:        
Net sales $ 42,314,000 $ 33,408,000 $ 81,807,000 $ 64,459,000
Cost of sales:        
Cost of sales 22,852,000 21,965,000 44,178,000 39,560,000
Gross Profit 19,462,000 11,443,000 37,629,000 24,899,000
Operating expenses:        
Research and development 2,222,000 1,978,000 4,650,000 3,909,000
Selling, general, and administrative expenses 7,804,000 8,195,000 16,294,000 15,541,000
Total Operating Expenses 10,026,000 10,173,000 20,944,000 19,450,000
Operating Income 9,436,000 1,270,000 16,685,000 5,449,000
Other income (expense):        
Interest and other income (expense), net 187,000 58,000 84,000 75,000
Gain on extinguishment of debt       3,904,000
Income before Provision for Income Taxes 9,623,000 1,328,000 16,769,000 9,428,000
Provision for Income Taxes 1,177,000 291,000 1,921,000 639,000
Net Income $ 8,446,000 $ 1,037,000 $ 14,848,000 $ 8,789,000
Income per share:        
Basic (in dollars per share) $ 0.23 $ 0.03 $ 0.40 $ 0.24
Diluted (in dollars per share) $ 0.23 $ 0.03 $ 0.40 $ 0.24
Weighted average number of shares outstanding:        
Basic (in shares) 36,772,000 36,728,000 36,731,000 36,720,000
Diluted (in shares) 36,997,000 36,898,000 36,957,000 36,877,000
Equipment        
Net sales:        
Net sales $ 27,434,000 $ 22,380,000 $ 53,121,000 $ 43,207,000
Cost of sales:        
Cost of sales 21,187,000 20,571,000 40,852,000 36,743,000
Services        
Net sales:        
Net sales 14,880,000 11,028,000 28,686,000 21,252,000
Cost of sales:        
Cost of sales $ 1,665,000 $ 1,394,000 $ 3,326,000 $ 2,817,000