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Condensed Consolidated Balance Sheets - USD ($)
Mar. 31, 2023
Jun. 30, 2022
Current assets:    
Cash and cash equivalents $ 2,921,632 $ 9,208,170
Short term investments, amortized cost basis 12,045,520  
Accounts receivable, less allowance for doubtful accounts of $36,262 and $2,027, respectively 1,235,411 1,846,620
Inventories, net 7,079,259 8,631,362
Prepaid expenses and other current assets 394,188 188,478
Interest receivable 56,014  
Total current assets 23,732,024 19,874,630
Equipment and leasehold improvements, net 967,828 1,088,017
Other assets:    
Long term investments, amortized cost basis 4,949,470  
Operating lease right-of-use asset 3,074,952 3,247,725
Cash surrender value of life insurance 5,979,730 5,744,724
Total other assets 14,004,152 8,992,449
Total assets 38,704,004 29,955,096
Current liabilities:    
Accounts payable 353,313 796,163
Accrued liabilities 870,822 560,356
Deferred revenue 379,061 543,891
Operating lease liability 233,152 223,530
Income taxes payable 250,203 3,033
Total current liabilities 2,086,551 2,126,973
Long-term liabilities:    
Deferred compensation 2,000,012 1,937,229
Deferred revenue 125,732 169,210
Operating lease liability 2,848,191 3,024,195
Total long-term liabilities 4,973,935 5,130,634
Total liabilities 7,060,486 7,257,607
Stockholders' equity:    
Common stock, $0.005 par value, authorized 20,000,000 shares; issued and outstanding 9,216,795 and 9,147,795, respectively 46,084 45,739
Paid in capital 13,034,075 12,653,402
Retained earnings 18,563,359 9,998,348
Total stockholders' equity 31,643,518 22,697,489
Total liabilities and stockholders' equity $ 38,704,004 $ 29,955,096