Significant Accounting Policies (Tables)

9 Months Ended

Mar. 31, 2019

Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]

Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share [Table Text Block]

The following table summarizes convertible preferred stock and securities that, if exercised would have an anti-dilutive effect on earnings per share.

Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]

	For the Three Months Ended March 31,					For the Nine Months Ended March 31,
	2019		2018			2019			2018
Numerator:
Numerator for basic earnings per share:
Net income (loss)	$	22,205	$	(119,076	)	$	(243,514	)	$	531,623
Undeclared dividends on preferred stock	12,723		6,503			38,735			6,503
Net income (loss) applicable to common shareholders	$	9,482	$	(125,579	)	$	(282,249	)	$	525,120
Numerator for diluted earnings per share:
Net income (loss) applicable to common shareholders	$	9,482	$	(125,579	)	$	(282,249	)	$	525,120
Undeclared dividends on preferred stock	12,723		—			—			6,503
Net income (loss)	$	22,205	$	(125,579	)	$	(282,249	)	$	531,623
Denominator:
Denominator for basic earnings per share - weighted average shares outstanding	7,415,329		7,551,430			7,415,329			7,551,430
Weighted average preferred stock converted to common stock	4,602,527		—			—			716,667
Denominator for diluted earnings per share - weighted average and assumed conversion	12,017,856		7,551,430			7,415,329			8,268,097
Net income (loss) per share:
Basic net income (loss) per share	$	0.00	$	(0.02	)	$	(0.04	)	$	0.07
Diluted net income (loss) per share	$	0.00	(0.02)			$	(0.04	)	$	0.06