XML 13 R4.htm IDEA: XBRL DOCUMENT v3.22.0.1
Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2021
Dec. 31, 2020
NET SALES $ 1,330,636 $ 1,174,405 $ 2,520,613 $ 2,420,648
COST OF SALES 411,914 328,571 740,167 662,892
GROSS PROFIT 918,722 845,834 1,780,446 1,757,756
OPERATING EXPENSES        
Salaries and Benefits 497,261 414,467 936,721 826,721
Selling, General and Administrative 475,371 326,492 831,751 609,612
Operating Costs and Expenses, Total 972,632 740,959 1,768,472 1,436,333
INCOME / (LOSS) FROM OPERATIONS (53,910) 104,875 11,974 321,423
OTHER INCOME (EXPENSE)        
Interest Income / (Expense) 697 (1,017) 1,068 (733)
Nonoperating Income (Expense), Total 697 (1,017) 1,068 (733)
INCOME / (LOSS) BEFORE INCOME TAXES (53,213) 103,858 13,042 320,690
INCOME TAX (EXPENSE) / BENEFIT (14,349) (29,545) (38,122) (27,281)
NET INCOME / (LOSS) 67,562 (74,313) 25,080 (293,409)
Dividend requirements on preferred stock (4,178) (4,178) (8,356) (8,356)
Basic net income (loss) available to common shares $ (71,740) $ 70,135 $ (33,436) $ 285,053
Basic net income (loss) per common share (in dollars per share) $ (0.01) $ 0.01 $ (0.00) $ 0.04
Weighted average number of common shares outstanding (in shares) 8,087,388 8,087,388 8,087,388 8,087,388
Diluted net income (loss) per common share (in dollars per share) $ (0.01) $ 0.01 $ (0.00) $ 0.03
Weighted average number of common shares outstanding, diluted (in shares) 8,087,388 8,319,488 8,087,388 8,319,488