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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
Dec. 31, 2020
Jun. 30, 2020
Current assets:    
Cash and cash equivalents $ 16,690,105 $ 13,993,032
Restricted cash 182,958 624,202
Accounts receivable, net 3,059,842 670,718
Inventory, net 12,072,929 7,443,257
Prepaid expenses and other assets 1,342,956 1,177,860
Total current assets 33,348,790 23,909,069
Long-term assets:    
Inventory, net 16,593,187 23,190,702
Property and equipment, net 975,989 999,061
Intangible assets, net 193,388 170,151
Operating lease right-of-use assets 366,083 584,143
Other assets 42,330 51,461
Total long-term assets 18,170,977 24,995,518
TOTAL ASSETS 51,519,767 48,904,587
Current liabilities:    
Accounts payable 2,932,576 3,748,235
Operating lease liabilities 527,761 622,493
Current maturity of long-term debt 579,000 193,000
Accrued expenses and other liabilities 1,946,283 1,922,332
Total current liabilities 5,985,620 6,486,060
Long-term liabilities:    
Long-term debt, net 386,000 772,000
Noncurrent operating lease liabilities 0 203,003
Accrued income taxes 8,935 7,947
Total long-term liabilities 394,935 982,950
Total liabilities 6,380,555 7,469,010
Commitments and contingencies (Note 9)
Shareholders' equity:    
Common stock, no par value; 50,000,000 shares authorized; 29,092,326 and 28,949,410 shares issued and outstanding at December 31, 2020 and June 30, 2020, respectively 54,520,189 54,342,864
Additional paid-in capital 26,013,132 25,880,165
Accumulated deficit (35,394,109) (38,787,452)
Total shareholders' equity 45,139,212 41,435,577
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 51,519,767 $ 48,904,587