Significant Accounting Policies (Tables)

3 Months Ended

12 Months Ended

Sep. 30, 2022

Jun. 30, 2023

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,
	2022	2021
Stock options	157,000	157,000
Convertible preferred stock	5,891,580	—
Total potential dilutive securities not included in income per share	6,048,580	157,000

Income Taxes

    The Company accounts for income taxes under the asset and liability method, which requires the recognition of deferred tax assets and liabilities for the expected future tax consequences of events that have been included in the unaudited condensed consolidated financial statements. Under this method, the Company determines deferred tax assets and liabilities on the basis of the differences between the financial statement and tax bases of assets and liabilities by using enacted tax rates in effect for the year in which the differences are expected to reverse. The effect of a change in tax rates on deferred tax assets and liabilities is recognized in income in the period that includes the enactment date.

    The Company recognizes deferred tax assets to the extent that it believes that these assets are more likely than not to be realized. In making such a determination, the Company considers all available positive and negative evidence, including future reversals of existing taxable temporary differences, projected future taxable income, tax-planning strategies, and results of recent operations. If the Company determines that it would be able to realize its deferred tax assets in the future in excess of their net recorded amount, the Company would make an adjustment to the deferred tax asset valuation allowance, which would reduce the provision for income taxes. As of September 30, 2022 and June 30, 2022, the Company has a fully recorded valuation allowance against its deferred tax assets.

    The Company records uncertain tax positions in accordance with ASC 740 on the basis of a two-step process in which (1) the Company determines whether it is more likely than not that the tax positions will be sustained on the basis of the technical merits of the position and (2) for those tax positions that meet the more-likely-than-not recognition threshold, the Company recognizes the largest amount of tax benefit that is more than 50 percent likely to be realized upon ultimate settlement with the related tax authority.

    The Company recognizes interest and penalties related to unrecognized tax benefits on the income tax expense line in the accompanying unaudited condensed consolidated statements of operations. As of September 30, 2022 and June 30, 2022, no accrued interest or penalties were required to be included on the related tax liability line in the unaudited condensed consolidated balance sheets.

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

	For the Three Months Ended September 30,
	2022		2021
Numerator:
Numerator for basic loss per share:
Net (loss) income	$	(320,724)	$	317,220
Undeclared dividends on preferred stock	$	13,006	13,006
Net (loss) income applicable to common shareholders	$	(333,730)	$	304,214
Numerator for diluted earnings per share:
Net (loss) income applicable to common shareholders	$	(333,730)	$	304,214
Undeclared dividends on preferred stock	13,006		13,006
Diluted (loss) income	$	(320,724)	$	317,220
Denominator for basic (loss) earnings per share
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	—		5,460,873
Denominator for diluted (loss) earnings assumed conversion	7,415,329		12,876,202
Net (loss) earnings per share:
Basic net (loss) earnings per share	$	(0.05)	$	0.04
Diluted net (loss) earnings per share	$	(0.05)	$	0.02

Schedule of Inventory, Current [Table Text Block]

	September 30,		June 30,
(in thousands)	2022		2022
Inventories:
Raw Material	$	1,028	$	1,010
Work-In-Process	154		138
Finished Goods	785		806
Total inventories	$	1,967	$	1,954
Allowance for obsolete inventory	(350)		(350)
Inventories, net	$	1,617	$	1,604

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

(in thousands)	Three Months Ended September 30,
	2022		2021
Beginning of Period	$	332	$	364
Additions	104		107
Revenue Recognized	162		195
End of Period	$	274	$	276