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Condensed Consolidated Balance Sheets - USD ($)
Mar. 31, 2022
Jun. 30, 2021
Current assets:    
Cash and cash equivalents $ 9,487,935 $ 6,950,215
Accounts receivable, less allowance for doubtful accounts of $6,284 and $41,500, respectively 2,316,329 2,240,785
Inventories, net 7,750,800 5,901,512
Prepaid expenses and other current assets 460,949 456,004
Total current assets 20,016,013 15,548,516
Equipment and leasehold improvements, net 1,146,222 1,281,180
Other assets:    
Operating lease right-of-use assets 2,089,896 2,305,455
Cash surrender value of life insurance 5,704,776 7,188,994
Total other assets 7,794,672 9,494,449
Total assets 28,956,907 26,324,145
Current liabilities:    
Accounts payable 774,483 398,433
Accrued liabilities 806,544 665,567
Deferred revenue 595,984 694,632
Operating lease liability 298,291 288,949
Income taxes payable 4,380 4,543
Total current liabilities 2,479,682 2,052,124
Long-term liabilities:    
Deferred compensation 2,284,909 2,491,482
Deferred revenue 170,440 188,932
Operating lease liability 1,791,605 2,016,506
Total long-term liabilities 4,246,954 4,696,920
Total liabilities 6,726,636 6,749,044
Stockholders' equity:    
Common stock, $0.005 par value, authorized 20,000,000 shares; issued and outstanding 9,147,795 and 8,608,706, respectively 45,739 43,044
Paid in capital 12,571,779 10,802,118
Retained earnings 9,612,753 8,729,939
Total stockholders' equity 22,230,271 19,575,101
Total liabilities and stockholders' equity $ 28,956,907 $ 26,324,145