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Condensed Consolidated Balance Sheets - USD ($)
Dec. 31, 2022
Jun. 30, 2022
Current assets:    
Cash and cash equivalents $ 4,812,277 $ 9,208,170
Short term investments, net of unamortized discounts 5,010,628  
Accounts receivable, less allowance for doubtful accounts of $10,500 and $2,027, respectively 1,280,089 1,846,620
Inventories, net 7,829,596 8,631,362
Prepaid expenses and other current assets 341,646 188,478
Interest receivable 128,030  
Total current assets 19,402,266 19,874,630
Equipment and leasehold improvements, net 1,002,594 1,088,017
Other assets:    
Long term investments, net of unamortized discounts 9,890,533  
Operating lease right-of-use assets 3,133,274 3,247,725
Cash surrender value of life insurance 5,976,410 5,744,724
Total other assets 19,000,217 8,992,449
Total assets 39,405,077 29,955,096
Current liabilities:    
Accounts payable 285,482 796,163
Accrued liabilities 1,287,181 560,356
Deferred revenue 419,043 543,891
Operating lease liability 230,121 223,530
Income taxes payable 497,872 3,033
Total current liabilities 2,719,699 2,126,973
Long-term liabilities:    
Deferred compensation 1,891,154 1,937,229
Deferred revenue 135,594 169,210
Operating lease liability 2,907,629 3,024,195
Total long-term liabilities 4,934,377 5,130,634
Total liabilities 7,654,076 7,257,607
Stockholders' equity:    
Common stock, $0.005 par value, authorized 20,000,000 shares; issued and outstanding 9,189,795 and 9,147,795, respectively 45,949 45,739
Paid in capital 12,908,840 12,653,402
Retained earnings 18,796,212 9,998,348
Total stockholders' equity 31,751,001 22,697,489
Total liabilities and stockholders' equity $ 39,405,077 $ 29,955,096