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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
12 Months Ended
Jun. 30, 2022
Accounting Policies [Abstract]  
Estimated Useful Life in Years for Property and Equipment
Diagnostic equipment     513  
Research, development and demonstration equipment     3-7  
Machinery and equipment     2-7  
Furniture and fixtures     3-9  
Leasehold improvements     310  
Building     28  
Patient Fee Revenue - Net
      
   For the Years Ended June 30
   2022  2021
Commercial Insurance/ Managed Care  $4,248,708   $4,100,440 
Medicare/Medicaid   1,060,920    968,055 
Workers’ Compensation/Personal Injury   17,907,335    15,011,111 
Other   6,365,275    3,227,783 
Net Patient Fee Revenue  $29,582,238   $23,307,389 
Schedule of earnings per share
               
   June 30, 2022
Basic  Total  Common Stock  Class C Common Stock
Numerator:         
Net income available to common stockholders  $12,440,906   $11,690,796   $191,038 
Denominator:               
Weighted average shares outstanding   6,554,209    6,554,209    382,513 
Basic income per common share  $1.90   $1.78   $0.50 
Diluted               
Denominator:               
Weighted average shares outstanding        6,554,209    382,513 
Class C Common Stock        127,504     
Total Denominator for diluted earnings per share        6,681,713    382,513 
Diluted income per common share       $1.75   $0.50 

 

   June 30, 2021
Basic  Total  Common Stock  Class C Common Stock
Numerator:         
Net income available to common stockholders  $10,207,588   $9,592,134   $156,744 
Denominator:               
Weighted average shares outstanding   6,505,283    6,505,283    382,513 
Basic income per common share  $1.57   $1.47   $0.41 
Diluted               
Denominator:               
Weighted average shares outstanding        6,505,283    382,513 
Class C Common Stock        127,504     
Total Denominator for diluted earnings per share        6,632,787    382,513 
Diluted income per common share       $1.45   $0.41