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CONDENSED CONSOLIDATED BALANCE SHEETS (unaudited) - USD ($)
Mar. 31, 2019
Jun. 30, 2018
Current assets:    
Cash and cash equivalents $ 4,019,929 $ 3,393,186
Restricted cash 620,007 0
Accounts receivable, net 1,427,448 1,765,722
Inventory, net 11,376,031 10,979,891
Prepaid expenses and other assets 898,294 916,162
Total current assets 18,341,709 17,054,961
Long-term assets:    
Inventory, net 22,326,209 20,848,647
Property and equipment, net 1,126,889 1,144,198
Intangible assets, net 90,267 34,833
Other assets 408,962 389,868
Total long-term assets 23,952,327 22,417,546
TOTAL ASSETS 42,294,036 39,472,507
Current liabilities:    
Accounts payable 3,891,308 4,170,952
Accrued expenses and other liabilities 1,335,233 618,945
Total current liabilities 5,226,541 4,789,897
Long-term liabilities:    
Deferred rent 276,895 393,051
Accrued income taxes 486,710 471,126
Total long-term liabilities 763,605 864,177
Total liabilities 5,990,146 5,654,074
Commitments and contingencies (Note 9)
Shareholders' equity:    
Common stock, no par value; 50,000,000 shares authorized; 21,727,569 and 21,705,173 shares issued and outstanding at March 31, 2019 and June 30, 2018, respectively 54,247,296 54,243,816
Additional paid-in capital 15,330,495 14,962,071
Accumulated deficit (33,273,901) (35,387,454)
Total shareholders' equity 36,303,890 33,818,433
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 42,294,036 $ 39,472,507