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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
Sep. 30, 2018
Jun. 30, 2018
Current assets:    
Cash and cash equivalents $ 1,698,455 $ 1,081,533
Accounts receivable, less allowance for doubtful accounts of $94,793 and $51,854, respectively 3,587,068 4,709,745
Inventories, net 6,396,687 6,138,679
Prepaid expenses and other current assets 322,461 206,776
Income taxes receivable 32,350 32,375
Total current assets 12,037,021 12,169,108
Equipment and leasehold improvements, net 1,021,147 1,132,105
Other assets:    
Operating lease right-of-use assets 3,039,667 3,102,263
Cash surrender value of life insurance 6,521,575 6,374,372
Total other assets 9,561,242 9,476,635
Total assets 22,619,410 22,777,848
Current liabilities:    
Accounts payable 1,132,599 1,429,491
Accrued liabilities 885,738 788,961
Deferred revenue 583,244 690,905
Operating lease liability 257,130 254,418
Total current liabilities 2,858,711 3,163,775
Long-term liabilities:    
Deferred compensation 2,400,497 2,394,009
Deferred revenue 163,022 168,465
Operating lease liability 2,782,537 2,847,845
Total long-term liabilities 5,346,056 5,410,319
Total liabilities 8,204,767 8,574,094
Stockholders' equity:    
Common stock, $0.005 par value, authorized 20,000,000 shares; issued and outstanding 7,404,831 and 7,382,706 shares, respectively 37,024 36,914
Paid in capital 5,895,638 5,752,270
Retained earnings 8,481,981 8,414,570
Total stockholders' equity 14,414,643 14,203,754
Total liabilities and stockholders' equity $ 22,619,410 $ 22,777,848