XML 52 R35.htm IDEA: XBRL DOCUMENT v3.19.3
2. BUSINESS ACQUISITION (Details - Allocation of purchase price) - USD ($)
Sep. 30, 2019
Jun. 30, 2019
Jun. 01, 2019
Jun. 30, 2018
Goodwill $ 687,664 $ 687,664   $ 0
Ross Optical Industries [Member]        
Cash and cash equivalents     $ 163,204  
Trade accounts receivable, net     652,898  
Inventories     728,046  
Other current assets     2,889  
Fixed assets     232,036  
Total Assets Acquired     1,779,073  
Accounts payable     401,360  
Customer advances     24,350  
Accrued compensation and other     41,027  
Total Liabilities Assumed     466,737  
Net assets acquired     1,312,336  
Goodwill     687,664  
Total Purchase Price-Initial and Contingent Consideration     $ 2,000,000