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Condensed Consolidated Balance Sheets - USD ($)
Sep. 30, 2024
Jun. 30, 2024
Current assets:    
Cash and cash equivalents $ 2,750,732 $ 2,837,081
Short term investments 9,142,324 12,104,459
Accounts receivable, less allowance for credit losses of $1,922 at September 30, 2024 and June 30, 2024 1,388,610 1,208,319
Inventories 4,735,110 4,473,680
Prepaid expenses and other current assets 1,161,533 1,081,437
Interest receivable 114,615 170,429
Income taxes receivable 44,285 41,756
Total current assets 19,337,209 21,917,161
Equipment and leasehold improvements, net 1,527,451 1,223,391
Other assets:    
Long term investments 7,997,286 4,994,327
Operating lease right-of-use asset 2,704,778 2,765,445
Cash surrender value of life insurance 6,535,023 6,299,155
Total other assets 17,237,087 14,058,927
Total assets 38,101,747 37,199,479
Current liabilities:    
Accounts payable 731,694 329,829
Accrued liabilities 1,113,106 462,858
Deferred revenue 249,032 229,384
Operating lease liability 242,848 239,688
Income taxes payable 28,225 35,899
Total current liabilities 2,364,905 1,297,658
Long-term liabilities:    
Deferred compensation 2,290,498 2,093,124
Deferred revenue 119,745 119,787
Operating lease liability 2,479,824 2,541,734
Total long-term liabilities 4,890,067 4,754,645
Total liabilities 7,254,972 6,052,303
Stockholders' equity:    
Common stock, $0.005 par value, authorized 20,000,000 shares; issued and outstanding 9,350,795 at September 30, 2024 and 9,299,795 at June 30, 2024, respectively 46,754 46,499
Paid in capital 13,523,356 13,404,477
Retained earnings 17,276,665 17,696,200
Total stockholders' equity 30,846,775 31,147,176
Total liabilities and stockholders' equity $ 38,101,747 $ 37,199,479