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Condensed Statements of Cash Flows (Unaudited) - USD ($)
6 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Cash Flows From Operating Activities    
Net income $ 2,199,612 $ 537,679
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation 318,982 329,947
Amortization of finite-life intangible assets 60,219 59,863
Amortization of debt issuance costs 1,958
Share-based compensation expense 444,258 500,745
Deferred income taxes 18,000 3,000
Loss on disposal of property and equipment 1,294 1,198
Changes in operating assets and liabilities:    
Accounts receivable 41,822 (126,158)
Contract asset (194,963) (5,468)
Inventories (19,448) (242,459)
Prepaid expenses and other assets 76,213 513,702
Income tax receivable (206,489) (24,860)
Income tax payable (288,511) (397,390)
Accounts payable and accrued liabilities (427,390) (331,168)
Net cash provided by operating activities 2,023,599 820,589
Cash Flows From Investing Activities    
Expenditures for property and equipment (669,842) (122,337)
Expenditures for finite-life intangible assets (30,899) (28,794)
Net cash used in investing activities (700,741) (151,131)
Cash Flows From Financing Activities    
Principal payments on long-term debt including capital lease obligations (1,103,001)
Issuance of common stock upon exercise of options 75,936 188,821
Net cash provided by (used in) financing activities 75,936 (914,180)
Net increase (decrease) in cash 1,398,794 (244,722)
Cash    
Beginning of period 7,807,928 7,455,844
End of period $ 9,206,722 $ 7,211,122