Significant Accounting Policies (Tables)

9 Months Ended

Mar. 31, 2020

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]

	For the Three Months Ended March 31,		For the Nine Months Ended March 31,
	2020	2019	2020	2019
Stock options	213,000	213,000	213,000	213,000
Convertible preferred stock	5,033,239	—	5,033,239	4,602,527
Total potential dilutive securities not included in income per share	5,246,239	213,000	5,246,239	4,815,527

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]

Earnings (Loss) Per Share

Earnings (loss) per share is computed by dividing net income (loss) by the weighted average number of shares of common stock outstanding during the year. All outstanding stock options are considered potential common stock. All outstanding convertible preferred stock are considered common stock at the beginning of the period or at the time of issuance, if later, pursuant to the if-converted method. The dilutive effect, if any, of stock options is calculated using the treasury stock method. As of March 31, 2020 and 2019, the average market prices for the three-month and nine-month periods then ended are less than the exercise price of all the outstanding stock options and, therefore, the inclusion of the stock options would be anti-dilutive. In addition, since the effect of common stock equivalents is anti-dilutive with respect to losses, the convertible preferred stock has also been excluded from the Company’s computation of loss per common for the three-month and nine-month periods ended March 31, 2020 and nine-month period ended March 31, 2019.  Therefore, basic and diluted loss per common share for the three-month and nine-month periods ended March 31, 2020 and the nine-month period ended March 31, 2019 are the same.

	For the Three Months Ended March 31,					For the Nine Months Ended March 31,
	2020			2019		2020				2019
Numerator:
Numerator for basic (loss) income per share:
Net (loss) income	$	(127,883	)	$	22,205	$	(181,853	)		$	(243,514	)
Undeclared dividends on preferred stock	13,006			12,723		39,018				38,735
Net (loss) income applicable to common shareholders	$	(140,889	)	$	9,482	$	(220,871	)		$	(282,249	)
Numerator for diluted earnings per share:
Net (loss) income applicable to common shareholders	$	(140,889	)	$	9,482	$	(220,871	)		$	(282,249	)
Undeclared dividends on preferred stock	13,006			12,723		39,018				—
Net (loss) income	$	(127,883	)	$	22,205	$	(181,853	)		$	(282,249	)
Denominator:
Denominator for basic (loss) income per share - weighted average shares outstanding	7,415,329			7,415,329		7,415,329				7,415,329
Weighted average preferred stock converted to common stock	—			4,602,527		—				—
Denominator for diluted (loss) income per share - weighted average and assumed conversion	7,415,329			12,017,856		7,415,329			—	7,415,329
Net (loss) income per share:
Basic net (loss) income per share	$	(0.02	)	$	—	$	(0.03	)		$	(0.04	)
Diluted net (loss) income per share	$	(0.02	)	$	—	$	(0.03	)		$	(0.04	)

Schedule of Inventory, Current [Table Text Block]

	March 31,		June 30,
(in thousands)	2020		2019
Inventories, net:
Raw Material	$	793	$	875
Work-In-Process	243		225
Finished Goods	864		779
Total	$	1,900	$	1,879

Deferred Revenue, by Arrangement, Disclosure [Table Text Block]

Deferred Revenues

The Company records deferred revenues when cash payments are received or due in advance of its performance. The Company’s deferred revenues relate to payments received for the customer care plans for a 12-month period. The consideration received is recognized monthly over the service period.

(in thousands)	Three Months Ended March 31,				Nine Months Ended March 31,
	2020		2019		2020		2019
Beginning of Period	$	636	$	465	$	427	$	481
Additions	147		209		834		668
Revenue Recognized	240		234		718		709
End of Period	$	543	$	440	$	543	$	440