Significant Accounting Policies (Tables)

3 Months Ended

Sep. 30, 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]

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

on earnings per share.

	For the Three Months Ended September 30,
	2020	2019
Stock options	157,000	213,000
Convertible preferred stock	5,204,527	—
Total potential dilutive securities not included in income per share	5,361,527	213,000

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

	For the Three Months Ended September 30,
	2020				2019
Numerator:
Numerator for basic (loss) earnings per share:
Net (loss) income	$	(196,553	)		$	621,373
Undeclared dividends on preferred stock	12,970				13,006
Net (loss) income applicable to common shareholders	$	(209,523	)		$	608,367
Numerator for diluted earnings per share:
Net (loss) income applicable to common shareholders	$	(209,523	)		$	608,367
Undeclared dividends on preferred stock	—				13,006
Net (loss) income	$	(209,523	)		$	621,373
Denominator:
Denominator for basic (loss) earnings per share - weighted average shares outstanding	7,415,329				7,415,329
Weighted average preferred stock converted to common stock	—				4,773,120
Denominator for diluted (loss) earnings per share - weighted average and assumed conversion	7,415,329			—	12,188,449
Net (loss) income per share:
Basic net (loss) income per share	$	(0.03	)		$	0.08
Diluted net (loss) income per share	$	(0.03	)		$	0.05

Schedule of Inventory, Current [Table Text Block]

	September 30,		June 30,
(in thousands)	2020		2020
Inventories, net:
Raw Material	$	655	$	613
Work-In-Process	139		323
Finished Goods	791		849
Total	$	1,585	$	1,785

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

(in thousands)	Three Months Ended September 30,
	2020		2019
Beginning of Period	$	516	$	427
Additions	181		235
Revenue Recognized	230		235
End of Period	$	467	$	427