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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
Mar. 31, 2019
Jun. 30, 2018
Current assets:    
Cash and cash equivalents $ 2,722,895 $ 1,081,533
Accounts receivable, less allowance for doubtful accounts of $82,787 and $51,854, respectively 2,812,147 4,709,745
Inventories, net 6,729,666 6,138,679
Prepaid expenses and other current assets 275,315 206,776
Income taxes receivable 42,151 32,375
Total current assets 12,582,174 12,169,108
Equipment and leasehold improvements, net 913,806 1,132,105
Other assets:    
Deferred Income Tax Assets, Net 13,277 0
Operating lease right-of-use assets 2,912,466 3,102,263
Cash surrender value of life insurance 6,532,249 6,374,372
Total other assets 9,457,992 9,476,635
Total assets 22,953,972 22,777,848
Current liabilities:    
Accounts payable 1,207,199 1,429,491
Accrued liabilities 741,126 788,961
Deferred revenue 606,466 690,905
Operating lease liability 262,643 254,418
Total current liabilities 2,817,434 3,163,775
Long-term liabilities:    
Deferred compensation 2,413,474 2,394,009
Deferred revenue 156,786 168,465
Operating lease liability 2,649,823 2,847,845
Total long-term liabilities 5,220,083 5,410,319
Total liabilities 8,037,517 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 6,091,023 5,752,270
Retained earnings 8,788,408 8,414,570
Total stockholders' equity 14,916,455 14,203,754
Total liabilities and stockholders' equity $ 22,953,972 $ 22,777,848