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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
12 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Net income $ 1,389,000 $ 482,613
Adjustments to reconcile net (loss) income to net cash provided by operating activities:    
Provision for doubtful accounts 28,514 25,725
Loss on disposal of equipment and leasehold improvements 40,710 14,953
Depreciation of equipment and leasehold improvements 487,134 559,631
Stock-based compensation expense 444,175 630,539
Deferred income taxes 702,013 284,783
Change in cash surrender value of life insurance 177,740 150,312
Change in deferred compensation accrual 230,228 (12,605)
Deferred compensation paid (150,000) (50,000)
Net changes in operating assets and liabilities (see note 14) (2,679,409) (2,125,917)
Cash provided by (used in) operating activities 314,625 (340,590)
Investing activities:    
Life insurance premiums paid (129,702) (231,942)
Purchase of equipment and leasehold improvements (449,796) (326,613)
Cash (used in) investing activities (579,498) (558,555)
Financing activities:    
Net (decrease) in cash and cash equivalents (264,873) (899,145)
Cash and cash equivalents at beginning of year 1,000,266 1,899,411
Cash and cash equivalents at end of year $ 735,393 $ 1,000,266