XML 16 R4.htm IDEA: XBRL DOCUMENT v3.23.3
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
12 Months Ended
Jun. 30, 2023
Jun. 30, 2022
CONSOLIDATED STATEMENTS OF OPERATIONS [Abstract]    
Net sales $ 29,946,234 $ 43,089,024
Costs and expenses:    
Cost of goods sold 25,212,383 22,845,702
Sales and marketing 13,686,049 12,421,138
General and administrative 5,023,822 4,948,980
Total costs and expenses 43,922,254 40,215,820
(Loss) Income from operations (13,976,020) 2,873,204
Other income (expense):    
Interest income 297,262 19,277
Loss on foreign currency exchange 0 (34)
Total other income, net 297,262 19,243
(Loss) Income before income taxes (13,678,758) 2,892,447
Income tax expense (5,902,036) (518,532)
Net (loss) income $ (19,580,794) $ 2,373,915
Net (loss) income per common share:    
Basic (in dollars per share) $ (0.64) $ 0.08
Diluted (in dollars per share) $ (0.64) $ 0.08
Weighted average number of shares used in computing net (loss) income per common share:    
Basic (in shares) 30,376,745 30,363,076
Diluted (in shares) 30,376,745 31,316,028