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Statements of Cash Flows (Unaudited) - USD ($)
9 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Cash Flows From Operating Activities    
Net income $ 882,274 $ 877,198
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation 527,472 495,797
Amortization of finite-life intangible assets 89,728 85,166
Amortization of debt issuance costs 1,958 5,373
Share-based compensation expense 729,470 604,056
Deferred income taxes 27,000 (21,000)
Loss of disposal of property and equipment 1,710
Changes in operating assets and liabilities:    
Accounts receivable (464,400) (111,573)
Contract assets (67,463) (16,209)
Inventories (205,524) 363,043
Prepaid expenses and other assets 350,881 (114,391)
Income tax receivable (239,989) (91,103)
Income tax payable (397,390) (156,524)
Accounts payable and accrued liabilities (63,774) (48,059)
Net cash provided by operating activities 1,171,953 1,871,774
Cash Flows From Investing Activities    
Expenditures for property and equipment (197,445) (379,328)
Expenditures for finite-life intangible assets (43,309) (27,818)
Net cash used in investing activities (240,754) (407,146)
Cash Flows From Financing Activities    
Principal payments on long-term debt including capital lease obligations (1,103,001) (37,927)
Issuance of common stock upon exercise of options 251,849 62,412
Net cash provided by (used in) financing activities (851,152) 24,485
Net increase in cash 80,047 1,489,113
Cash    
Beginning of period 7,455,844 5,573,709
End of period $ 7,535,891 $ 7,062,822