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Condensed Statements of Cash Flows (Unaudited) - USD ($)
9 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Cash Flows From Operating Activities    
Net income $ 783,183 $ 1,282,977
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation 495,797 473,813
Amortization of finite-life intangible assets 85,166 89,813
Amortization of debt issuance costs 5,373 10,871
Share-based compensation expense 604,056 373,913
Deferred income taxes 43,000 13,000
Loss on disposal of property and equipment 520
Loss on disposal of intangible assets   111,498
Changes in operating assets and liabilities:    
Accounts receivable (125,452) (1,321,989)
Inventories 373,417 (65,630)
Prepaid expenses and other assets (90,132) (49,140)
Income tax receivable (91,103) 192,685
Income tax payable (156,524) 17,024
Accounts payable and accrued liabilities (55,007) (323,453)
Net cash provided by operating activities 1,871,774 805,902
Cash Flows From Investing Activities    
Expenditures for property and equipment (379,328) (425,838)
Expenditures for finite-life intangible assets (27,818) (60,131)
Net cash used in investing activities (407,146) (485,969)
Cash Flows From Financing Activities    
Principal payments on long-term debt including capital lease obligations (37,927) (36,473)
Issuance of common stock upon exercise of options 62,412
Payment of deferred financing fees (4,872)
Net cash provided by (used in) financing activities 24,485 (41,345)
Net increase in cash 1,489,113 278,588
Cash    
Beginning of period 5,573,709 5,123,355
End of period $ 7,062,822 $ 5,401,943