XML 38 R26.htm IDEA: XBRL DOCUMENT v3.23.3
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
12 Months Ended
Jun. 30, 2023
Accounting Policies [Abstract]  
Estimated Useful Life in Years for Property and Equipment
Estimated Useful Life in Years for Property and Equipment    
Diagnostic equipment  5-13 
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
Patient Fee Revenue - Net          
   For the Years Ended June 30
   2023  2022
Commercial Insurance/ Managed Care  $4,124,646   $4,248,708 
Medicare/Medicaid   1,063,846    1,060,920 
Workers’ Compensation/Personal Injury   18,670,019    17,907,335 
Other   5,935,482    6,365,275 
Net Patient Fee Revenue  $29,793,993   $29,582,238 
Earnings Per Share (Continued)

Earnings Per Share (Continued)

               
   June 30, 2023
Basic  Total  Common Stock  Class C Common Stock
Numerator:         
Net income available to common stockholders  $9,375,776   $8,801,974   $146,136 
Denominator:               
Weighted average shares outstanding   6,539,376    6,539,376    382,513 
Basic income per common share  $1.43   $1.35   $0.38 
Diluted               
Denominator:               
Weighted average shares outstanding        6,539,376    382,513 
Class C Common Stock        127,504       
Total Denominator for diluted earnings per share        6,666,880    382,513 
Diluted income per common share       $1.32   $0.38 

 

 

   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