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Condensed Consolidated Balance Sheets - USD ($)
Dec. 31, 2019
Jun. 30, 2019
Current assets:    
Cash and cash equivalents $ 14,403,843 $ 7,842,403
Accounts receivable, less allowance for doubtful accounts of $100,000 and $100,000, respectively 12,938,009 5,360,454
Inventories, net 11,185,903 7,353,562
Prepaid expenses and other current assets 1,655,724 835,044
Total current assets 40,183,479 21,391,463
Property, plant and equipment, net of accumulated amortization and depreciation of $11,423,223 and $10,545,810, respectively 6,047,483 4,198,721
Patents, net of accumulated amortization of $1,267,978 and $1,204,589, respectively 787,605 779,100
Goodwill 110,534,259 1,701,094
Contract assets 960,000
Intangible assets 20,013,333
Lease right of use and other assets 1,621,743 920,921
Total assets 179,187,902 29,951,299
Current liabilities:    
Accounts payable 5,856,835 5,357,736
Accrued expenses and other current liabilities 5,165,208 2,488,514
Current portion of lease liabilities 418,163
Total current liabilities 11,440,206 7,846,250
Non-current liabilities:    
Notes payable 38,845,761  
Lease right of use liabilities 810,842
Other non-current liabilities 472,388 401,000
Total liabilities 51,569,197 8,247,250
Commitments and contingencies
Shareholders' equity:    
Common stock, $.0001 and $.01 par value-shares authorized 40,000,000; 15,491,560 and 9,646,728 shares issued and outstanding in each period 1,549 96,468
Additional paid-in capital 152,802,535 43,500,478
Accumulated deficit (25,185,379) (21,892,897)
Total shareholders' equity 127,618,705 21,704,049
Total liabilities and shareholders' equity $ 179,187,902 $ 29,951,299