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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
12 Months Ended
Jun. 30, 2020
Jun. 30, 2019
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net Income $ 11,704,733 $ 20,513,674
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 3,908,648 3,836,491
Provision (Recovery) for bad debts 5,695,420 (978,730)
Deferred income tax - net 2,118,829 1,755,520
Income tax receivable 528,815
Amortization on right-of-use assets 1,005,560
Stock issued for costs and expenses 1,990,380 1,954,745
(Increase) decrease in operating assets, net:    
Accounts, medical and management fee receivables (10,797,456) (6,134,095)
Notes receivable 28,889 (12,689)
Costs and estimated earnings in excess of Billings on uncompleted contracts 372,277 (438,472)
Inventories 149,396 (366,786)
Prepaid expenses and other current assets (133,287) (79,641)
Other assets (161,350) 329
Increase (decrease) in operating liabilities, net:    
Accounts payable 104,032 560,977
Other current liabilities 3,556,437 (980,394)
Customer advances 55,928 (59,544)
Operating lease liabilities 159,657
Other Liabilities 115,855 11,943
Due to related party medical practices (134,880)
NET CASH PROVIDED BY OPERATING ACTIVITIES 20,402,763 19,448,448
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchases of property and equipment (7,522,997) (3,355,456)
Proceeds of Short term investment 15,062,932
Purchase of Short term investment (15,094,816)
Cost of patents (117,522) (128,393)
NET CASH USED IN INVESTING ACTIVITIES 7,422,413 (18,578,665)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Repayment of borrowings and capital lease obligations (4,957,936) (30,725)
Proceeds from debt 5,618,089
Repayment of notes receivable from employee stockholders 9,213
Distributions to noncontrolling interests (5,565,000) (6,600,000)
NET CASH USED IN FINANCING ACTIVITIES (4,904,847) (6,621,512)
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS 22,920,329 (5,751,729)
CASH AND CASH EQUIVALENTS - BEGINNING OF YEAR 13,882,013 19,633,742
CASH AND CASH EQUIVALENTS - END OF YEAR $ 36,802,342 $ 13,882,013