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NET INCOME PER COMMON SHARE (Tables)
6 Months Ended
Dec. 31, 2021
NET INCOME PER COMMON SHARE [Abstract]  
Basic and Diluted Net Income Per Share
The following table reconciles the differences between the basic and diluted net income per share presentations:

   
Three Months Ended
December 31,
   
Six Months Ended
December 31,
 
   
2021
   
2020
   
2021
   
2020
 
Numerator:
                       
Net income
 
$
1,167,612
   
$
2,519,077
 
$
1,994,637
   
$
3,393,343
                                 
Denominator:
                               
Weighted average common shares outstanding:
                               
Basic
   
30,287,677
     
28,804,265
     
30,159,543
     
28,795,424
 
Effect of dilutive securities
   
1,027,811
     
458,437
     
1,078,405
     
184,585
 
Diluted
   
31,315,488
     
29,262,702
     
31,237,948
     
28,980,009
 
                                 
Net income per common share:
                               
Basic
 
$
0.04
   
$
0.09
 
$
0.07
   
$
0.12
Diluted
 
$
0.04
   
$
0.09
 
$
0.06
   
$
0.12