3. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

6 Months Ended

Dec. 31, 2018

Accounting Policies [Abstract]

Segment information by geographic areas

	Three Months Ended				Six Months Ended
	December 31,				December 31,
Net sales:	2018		2017		2018		2017
United States	$	9,016,495	$	8,136,551	$	22,335,332	$	15,399,296
Caribbean and South America		–		149,970		–		234,970
Europe, the Middle East and Africa (“EMEA”)		156,321		2,336		161,080		194,222
Asia		12,940		62,826		18,280		168,124
Totals	$	9,185,756	$	8,351,683	$	22,514,692	$	15,996,612

Long-lived assets, net (property and equipment and intangible assets):	December 31, 2018		June 30, 2018
United States	$	912,750	$	1,073,640
Asia		31,878		47,140
Totals	$	944,628	$	1,120,780

Schedule of receivables

	December 31, 2018		June 30, 2018
Accounts Receivable	$	7,071,498	$	7,907,117

Schedule of contract liabilities

	December 31, 2018		June 30, 2018
Advance payments from customers	$	63,819	$	228,598
Undelivered products		140,000		140,000
Totals	$	203,819	$	368,598

Schedule of useful lives of property and equipment

Machinery	6 years
Office equipment	5 years
Molds	3 years
Vehicles	5 years
Computers and software	5 years
Furniture and fixtures	7 years
Facilities improvements	5 years or life of the lease, whichever is shorter

Schedule of Intangible Assets

The definite lived intangible assets consisted of the following as of December 31, 2018:

Definite lived intangible assets:	Expected Life	Average Remaining life		Gross Intangible Assets		Accumulated Amortization		Net Intangible Assets
Complete technology	3 years		3.0 years	$	18,397	$	–	$	18,397
Technology in progress	Not Applicable		–		164,405		–		164,405
Software	5 years		1.8 years		323,055		257,955		65,100
Patents	10 years		6.5 years		58,767		7,694		51,073
Certifications & licenses	3 years		1.0 years		3,251,270		2,733,718		517,552
Total as of December 31, 2018				$	3,815,894	$	2,999,367	$	816,527

The definite lived intangible assets consisted of the following as of June 30, 2018:

Definite lived intangible assets:	Expected Life	Average Remaining life		Gross Intangible Assets		Accumulated Amortization		Net Intangible Assets
Complete technology	3 years		3.0 years	$	18,397	$	–	$	18,397
Technology in progress	Not Applicable		–		100,000		–		100,000
Software	5 years		2.3 years		323,295		238,487		84,808
Patents	10 years		7.0 years		58,391		6,683		51,708
Certifications & licenses	3 years		1.4 years		3,250,061		2,508,266		741,795
Total as of June 30, 2018				$	3,750,144	$	2,753,436	$	996,708