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STATEMENT OF CASH FLOWS - USD ($)
12 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Jun. 30, 2016
Cash flows from operating activities:      
Net loss $ (2,192,170) $ (2,088,666) $ (2,304,831)
Adjustments to reconcile net loss to net cash used in operating activities:      
Depreciation and amortization 931,408 1,090,126 1,228,485
Stock based compensation 2,830 2,491 2,946
Provision for doubtful accounts and sales returns and allowances (12,118) 10,538 2,859
Deferred tax provision 163,100 29,201 290,145
Changes in operating assets and liabilities:      
Accounts receivable (373,437) 721,486 (522,647)
Inventories 681,413 363,316 315,641
Income tax receivable 377 0 (68)
Other current assets 65,073 (59,967) 73,045
Accounts payable 33,215 (424,200) 495,806
Other accrued liabilities (159,283) (331,236) 181,636
Net cash used in operating activities (859,592) (686,911) (236,983)
Cash flows from investing activities:      
Capital expenditures 0 (21,048) (99,300)
Net cash used in investing activities 0 (21,048) (99,300)
Cash flows from financing activities:      
Borrowings under revolving credit agreement 14,774,091 0 0
Payments under revolving credit agreement (14,774,091) 0 0
Net cash provided by financing activities 0 0 0
Net decrease in cash and cash equivalents (859,592) (707,959) (336,283)
Cash and cash equivalents at beginning of year 995,704 1,703,663 2,039,946
Cash and cash equivalents at end of year 136,112 995,704 1,703,663
Supplemental disclosures of cash flow information:      
Income taxes 9,561 7,298 12,527
Interest 23,569 0 0
Non-cash investing and financing activity      
Deferred tax provision on stock options forfeited and reclassified to additional paid in capital $ 0 $ 0 $ 118,857