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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
9 Months Ended
Mar. 31, 2016
Mar. 31, 2015
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income $ 1,347,367 $ 1,113,697
Adjustments to reconcile net income to net cash (used in) provided by operating activities:    
Depreciation 138,683 180,203
Amortization of intangible assets 658,535 970,576
Deferred tax (benefit) 73,897 (185,999)
Share-based compensation (37,500) 52,721
Gain on forgiven debt 0 (40,125)
Gain from debt extinguishment 0 (374,608)
Increase (decrease) in cash due to change in:    
Accounts receivable (8,084,784) 47,227
Inventories (380,695) (140,440)
Prepaid expenses and other current assets 48,708 106,374
Prepaid income taxes 1,055,788 147,000
Advance payments to vendors 36,470 15,343
Other assets (5,785) 7,629
Accounts payable 5,084,515 1,450,627
Advance payments from customers (585,463) (205,945)
Accrued liabilities 7,802 (62,186)
Income tax payable 341,912 0
Net cash (used in) provided by operating activities (300,550) 3,082,094
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchases of property and equipment (82,370) (34,232)
Payments for capitalized development costs (663,800) (81,591)
Purchases of intangible assets (177,647) (47,618)
Receipt of loan repayments from an employee 0 7,128
Net cash used in investing activities (923,817) (156,313)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Repurchase of common stock (234,000) 0
Issuance of stock related to stock options exercised 17,900 0
Principal repayment of short-term borrowings (148,295) 0
Net cash used in financing activities (364,395) 0
Effect of foreign currency translation (51,605) (334,551)
Net decrease in cash and cash equivalents (1,640,367) 2,591,230
Cash and cash equivalents, beginning of period 11,822,620 8,240,595
Cash and cash equivalents, end of period 10,182,253 10,831,825
Cash received during the periods for:    
Interest 8,114 3,466
Income taxes $ 1,067,681 $ 0