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BALANCE SHEET - USD ($)
Jun. 30, 2016
Jun. 30, 2015
Current assets:    
Cash and cash equivalents $ 1,703,663 $ 2,039,946
Accounts receivable, net of allowances of $170,000 4,094,462 3,574,674
Inventories, net 8,875,270 9,190,911
Income tax receivable 12,555 12,487
Other current assets 255,711 328,756
Total current assets 14,941,661 15,146,774
Property, plant and equipment, net 6,747,570 7,821,206
Deferred income taxes 1,430,385 1,889,872
Other assets, net 76,065 131,615
Total assets 23,195,681 24,989,467
Current liabilities:    
Accounts payable 1,864,603 1,368,797
Other accrued liabilities 2,341,203 2,159,566
Deferred income taxes 717,420 767,907
Total current liabilities 4,923,226 4,296,270
Commitments and contingencies (Notes 4 and 9)
Stockholders' equity:    
Preferred stock 0 0
Common stock; $0.01 par value; 30,000,000 shares authorized; 10,427,878 shares issued at June 30, 2016 and June 30, 2015; 8,027,147 shares outstanding at June 30, 2016 and June 30, 2015 104,279 104,279
Additional paid-in capital 48,430,759 48,546,670
Accumulated deficit (9,281,795) (6,976,964)
Less: treasury stock, at cost; 2,400,731 shares at June 30, 2016 and 2015 (20,980,788) (20,980,788)
Total stockholders' equity 18,272,455 20,693,197
Total liabilities and stockholders' equity 23,195,681 24,989,467
Series A Preferred Stock [Member]    
Stockholders' equity:    
Preferred stock $ 0 $ 0