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CONSOLIDATED BALANCE SHEETS - USD ($)
Dec. 31, 2019
Jun. 30, 2019
CURRENT ASSETS    
Cash and cash equivalents $ 2,353,072 $ 3,431,802
Accounts receivable, net 10,243,690 13,380,464
Unbilled accounts receivable, net 524,511 0
Inventories, net 75,610,319 71,295,520
Prepaid expenses and other current assets 1,598,496 1,687,490
Assets held for sale 0 1,850,000
TOTAL CURRENT ASSETS 90,330,088 91,645,276
Property, plant and equipment, net 20,344,674 20,634,949
Intangibles, net 34,217,214 32,714,484
Other assets 4,627,839 1,369,560
TOTAL ASSETS 149,519,815 146,364,269
CURRENT LIABILITIES    
Accounts payable 13,507,963 6,930,829
Deferred revenue 10,121,405 9,054,549
Accrued expenses and other current liabilities 5,127,747 6,073,110
Lines of credit, net 16,995,697 10,755,548
Current portion of long-term debt, net 1,394,154 1,113,502
TOTAL CURRENT LIABILITIES 47,146,966 33,927,538
Long-term debt, net, less current portion 11,392,796 12,158,095
Other non-current liabilities 2,224,284 280,424
TOTAL LIABILITIES 60,764,046 46,366,057
STOCKHOLDERS' EQUITY    
Preferred stock, $0.001 par value; 5,000,000 shares authorized; no shares issued and outstanding 0 0
Common stock, $0.001 par value; 50,000,000 shares authorized; 33,329,566 issued and 33,304,566 outstanding at December 31, 2019; 33,303,218 issued and 33,278,218 outstanding at June 30, 2019; 33,329 33,303
Treasury stock, at cost, 25,000 shares (134,196) (134,196)
Additional paid-in capital 137,204,276 136,751,875
Accumulated deficit (42,056,965) (30,466,618)
Accumulated other comprehensive loss (6,192,962) (6,138,467)
Noncontrolling interests (97,713) (47,685)
TOTAL STOCKHOLDERS' EQUITY 88,755,769 99,998,212
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 149,519,815 $ 146,364,269