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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
12 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Net (loss) $ (3,386,060) $ (963,636)
Adjustments to reconcile net (loss) income to net cash provided by operating activities:    
(Recovery of) provision for doubtful accounts (4,874) (1,872)
Loss on disposal of equipment and leasehold improvements 343 6,230
Depreciation of equipment and leasehold improvements 526,261 503,585
Stock-based compensation expense 331,560 349,754
Deferred income taxes 3,042,257 170,299
Change in cash surrender value of life insurance 218,224 223,896
Change in deferred compensation accrual 249,591 256,704
Deferred compensation paid 150,000 150,000
Net changes in operating assets and liabilities (see note 14) 640,233 287,084
Cash provided by operating activities 1,031,087 234,252
Investing activities:    
Life insurance premiums paid (131,219) (133,928)
Purchase of equipment and leasehold improvements (250,618) (403,434)
Cash (used in) investing activities (381,837) (537,362)
Financing activities:    
Net increase (decrease) in cash and cash equivalents 649,250 (303,110)
Cash and cash equivalents at beginning of year 432,283 735,393
Cash and cash equivalents at end of year $ 1,081,533 $ 432,283