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Balance Sheets - USD ($)
Jun. 30, 2022
Jun. 30, 2021
CURRENT ASSETS    
Cash $ 805,157 $ 516,192
Accounts receivable 685,645 728,315
Current inventory – net 853,837 659,333
Prepaid and other current assets 83,217 94,483
Total Current Assets 2,427,856 1,998,323
RIGHT TO USE LEASE ASSETS, OPERATING, NET 385,366 544,070
PROPERTY AND EQUIPMENT    
Molds and models 583,611 583,611
Equipment 3,093,034 2,910,018
Furniture and fixtures 76,536 73,423
Software 233,528 233,528
Less – accumulated depreciation (3,737,040) (3,690,515)
Total Property and Equipment - net 249,669 110,065
OTHER ASSETS    
Patents and trademarks – net 58,214 75,977
Non-current inventory 186,650 163,289
Deposits 11,000 11,000
Total Other Assets 255,864 250,266
TOTAL ASSETS 3,318,755 2,902,724
CURRENT LIABILITIES    
Accounts payable and accrued expenses 701,006 767,193
Current portion of long-term debt 2,000 2,000
Current portion of lease liability 149,400 147,600
Deferred revenue 108,313 25,892
Total Current Liabilities 960,719 942,685
Long-term debt, net of current portion 60,713 61,326
Long-term lease liability, net of current portion 151,200 300,600
TOTAL LIABILITIES 1,172,632 1,304,611
COMMITMENTS AND CONTINGENCIES
STOCKHOLDERS’ EQUITY    
Preferred stock: 2,000,000 shares authorized, none outstanding, respectively 0 0
Common stock: 100,000,000 shares authorized of $0.001 par value, 73,047,868 and 75,787,868 shares issued and outstanding, respectively 75,788 73,048
Additional paid-in capital 62,918,787 62,805,404
Accumulated deficit (60,848,452) (61,280,339)
Total Stockholders’ Equity 2,146,123 1,598,113
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 3,318,755 $ 2,902,724