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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
3 Months Ended
Sep. 30, 2022
Sep. 30, 2021
CASH FLOW FROM OPERATING ACTIVITIES:    
Net loss $ (1,426,570) $ (1,062,973)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation 15,819 22,786
Amortization of intangible assets 179,894 93,694
Stock based compensation 180,745 94,538
Amortization of right of use assets 72,836 90,634
Deferred tax (benefit) (104,183) (439,568)
Increase (decrease) in cash due to change in:    
Accounts receivable 388,567 1,000,401
Inventories (855,392) 247,576
Prepaid expenses and other current assets 8,707 10,544
Prepaid income taxes 0 (102,055)
Advance payments to vendors 28,776 (88,114)
Other assets 9,909 5,321
Accounts payable 537,395 (6,156,666)
Income tax payable (4,932) (69,984)
Unearned revenue from customers 70,113 125,701
Lease liabilities (76,057) (93,853)
Accrued liabilities (37,767) (46,568)
Net cash used in operating activities (1,012,140) (6,368,586)
CASH FLOW FROM INVESTING ACTIVITIES:    
Sales/Purchases of short-term investments 1,080,659 (585)
Purchases of property and equipment (26,674) (6,032)
Payments for capitalized product development costs (493,250) (35,543)
Purchases of intangible assets (6,854) (1,325)
Net cash provided by (used in) investing activities 553,881 (43,485)
CASH FLOW FROM FINANCING ACTIVITIES:    
Cash received from exercise of stock options 0 21,595
Net cash provided by financing activities 0 21,595
Effect of foreign currency translation (314,218) (127,605)
Net decrease in cash and cash equivalents (772,477) (6,518,081)
Cash and cash equivalents, beginning of period 26,277,418 45,796,006
Cash and cash equivalents, end of period 25,504,941 39,277,925
Cash paid during the periods for:    
Income taxes $ (800) $ (200,350)