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STATEMENT OF CASH FLOWS - USD ($)
6 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Cash flows from operating activities:    
Net income (loss) $ 547,097 $ (2,145,607)
Adjustments to reconcile net income (loss) to net cash used in operating activities:    
Depreciation and amortization 320,825 322,866
Stock based compensation 4,030 1,357
Provision for doubtful accounts and sales returns and allowances 16,397 (1,438)
Changes in operating assets and liabilities:    
Accounts receivable (609,609) 235,519
Inventories (1,291,566) (163,964)
Income tax receivable (9,120) (6,275)
Other current assets (101,181) 1,547
Accounts payable 120,268 425,083
Customer deposits (2,176,161) (117,637)
Other accrued liabilities (234,729) 647,275
Net cash used in operating activities (3,413,749) (801,274)
Cash flows from investing activities:    
Capital expenditures (167,163) (28,387)
Net cash used in investing activities (167,163) (28,387)
Cash flows from financing activities:    
Borrowings under revolving credit agreement 21,098,996 16,591,120
Payments under revolving credit agreement (18,989,656) (15,605,330)
Net cash provided by financing activities 2,109,340 985,790
Net increase (decrease) in cash and cash equivalents (1,471,572) 156,129
Cash and cash equivalents at beginning of period 2,600,083 195,454
Cash and cash equivalents at end of period $ 1,128,511 $ 351,583