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Condensed Statements of Shareholders’ Equity (Unaudited) - USD ($)
Common Stock
Additional Paid-In Capital
Retained Earnings
Total
Balance beginning at Jun. 30, 2018 $ 82,887 $ 14,953,103 $ 7,541,734 $ 22,577,724
Balance beginning (in shares) at Jun. 30, 2018 8,288,659      
Net income 157,161 157,161
Issuance of restricted stock $ 300 (300)    
Issuance of restricted stock (in shares) 30,000      
Issuance of common stock upon exercise of options $ 112 33,198 33,310
Issuance of common stock upon exercise of options (in shares) 11,167      
Share-based compensation expense 257,493 257,493
Balance ending at Sep. 30, 2018 $ 83,299 15,243,494 7,698,895 23,025,688
Balance ending (in shares) at Sep. 30, 2018 8,329,826      
Balance beginning at Jun. 30, 2018 $ 82,887 14,953,103 7,541,734 22,577,724
Balance beginning (in shares) at Jun. 30, 2018 8,288,659      
Net income       537,679
Balance ending at Dec. 31, 2018 $ 83,842 15,641,714 8,079,412 23,804,968
Balance ending (in shares) at Dec. 31, 2018 8,384,184      
Balance beginning at Sep. 30, 2018 $ 83,299 15,243,494 7,698,895 23,025,688
Balance beginning (in shares) at Sep. 30, 2018 8,329,826      
Net income     380,517 380,517
Issuance of restricted stock $ 100 (100)    
Issuance of restricted stock (in shares) 10,000      
Issuance of common stock upon exercise of options $ 443 155,068   155,511
Issuance of common stock upon exercise of options (in shares) 44,358      
Share-based compensation expense 243,252   243,252
Balance ending at Dec. 31, 2018 $ 83,842 15,641,714 8,079,412 23,804,968
Balance ending (in shares) at Dec. 31, 2018 8,384,184      
Balance beginning at Jun. 30, 2019 $ 84,084 16,127,826 9,522,064 $ 25,733,974
Balance beginning (in shares) at Jun. 30, 2019 8,408,351     8,408,351
Net income     1,014,556 $ 1,014,556
Issuance of restricted stock $ 325 (325)    
Issuance of restricted stock (in shares) 32,500      
Issuance of common stock upon exercise of options $ 50 12,990   13,040
Issuance of common stock upon exercise of options (in shares) 5,000      
Share-based compensation expense   209,954   209,954
Balance ending at Sep. 30, 2019 $ 84,459 16,350,445 10,536,620 26,971,524
Balance ending (in shares) at Sep. 30, 2019 8,445,851      
Balance beginning at Jun. 30, 2019 $ 84,084 16,127,826 9,522,064 $ 25,733,974
Balance beginning (in shares) at Jun. 30, 2019 8,408,351     8,408,351
Net income       $ 2,199,612
Balance ending at Dec. 31, 2019 $ 84,784 16,647,320 11,721,676 $ 28,453,780
Balance ending (in shares) at Dec. 31, 2019 8,478,448     8,478,448
Balance beginning at Sep. 30, 2019 $ 84,459 16,350,445 10,536,620 $ 26,971,524
Balance beginning (in shares) at Sep. 30, 2019 8,445,851      
Net income     1,185,056 1,185,056
Issuance of restricted stock $ 150 (150)    
Issuance of restricted stock (in shares) 15,000      
Issuance of common stock upon exercise of options $ 175 62,721   62,896
Issuance of common stock upon exercise of options (in shares) 17,597      
Share-based compensation expense 234,304   234,304
Balance ending at Dec. 31, 2019 $ 84,784 $ 16,647,320 $ 11,721,676 $ 28,453,780
Balance ending (in shares) at Dec. 31, 2019 8,478,448     8,478,448