LONG-TERM DEBT (Tables)

12 Months Ended

Jun. 30, 2018

Debt Disclosure [Abstract]

Bank loans and notes payable

Bank loans, notes payable and other debt consisted of the following:

	June 30, 2018		June 30, 2017
Note payable to Wisconsin Economic Development Corporation payable in monthly installments of $23,685, including interest at 2%, with the final payment due May 1, 2018; collateralized by equipment purchased with the loan proceeds and substantially all assets of the Company not otherwise collateralized.	$	-	$	257,959
Bank loan payable in fixed monthly installments of $6,800 of principal and interest at a rate of 0.25% below prime, as defined, subject to a floor of 5%; collateralized by the building and land.  Outstanding mortgage balance of $434,184 plus accrued interest was paid in full in connection with the sale of the Company's corporate headquarters on January 31, 2018.  Refer to Note 1 of the Notes to Consolidated Financial Statements for further detail related to the sale of the Company’s headquarters.		-		468,297
Equipment finance obligation under sale-leaseback,interest payable in quarterly installments ranging between $1,510 and $2,555 at an imputed interest rate of approximately 2.44% over 20 years ending March 31, 2036.		331,827		331,827
Long-term debt		331,827		1,058,083
Less: current maturities of long-term debt		-		(726,256	)
Long-term debt, net of current maturities	$	331,827	$	331,827

Maximum aggregate annual principal payments for fiscal periods

Maximum aggregate annual principal payments as of June 30, 2018 are as follows:

2019	$	-
2020		-
2021		-
2022		-
2023		-
Thereafter		331,827
	$	331,827