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STATEMENT OF OPERATIONS - USD ($)
12 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Jun. 30, 2016
Net sales $ 33,759,953 $ 33,512,030 $ 35,952,487
Cost of sales 27,309,511 26,956,340 28,592,752
Gross profit 6,450,442 6,555,690 7,359,735
Selling, general and administrative expenses 8,446,056 8,607,584 9,279,061
Loss from operations (1,995,614) (2,051,894) (1,919,326)
Other (income) expenses:      
Interest expense 23,569 0 0
Interest income (288) (1,445) (2,782)
Other, net 237 1,717 86,856
Nonoperating Income 23,518 272 84,074
Loss before provision for income taxes (2,019,132) (2,052,166) (2,003,400)
Provision for income taxes 173,038 36,500 301,431
Net loss $ (2,192,170) $ (2,088,666) $ (2,304,831)
Basic loss per share: (in dollars per share) $ (0.55) $ (0.52) $ (0.57)
Diluted loss per share: (in dollars per share) $ (0.55) $ (0.52) $ (0.57)
Weighted average shares outstanding – Basic (in shares) 4,013,537 4,013,537 4,013,537
Weighted average shares outstanding – Diluted (in shares) 4,013,537 4,013,537 4,013,537