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Condensed Consolidated Balance Sheets - USD ($)
Dec. 31, 2024
Jun. 30, 2024
Current assets:    
Cash and cash equivalents $ 2,535,727 $ 2,837,081
Short term investments 7,164,281 12,104,459
Accounts receivable, less allowance for credit losses of $2,043 and $1,922 at December 31, 2024 and June 30, 2024, respectively 1,370,071 1,208,319
Inventories 4,570,621 4,473,680
Prepaid expenses and other current assets 942,194 1,081,437
Interest receivable 98,506 170,429
Income taxes receivable 42,131 41,756
Total current assets 16,723,531 21,917,161
Equipment and leasehold improvements, net 1,529,086 1,223,391
Other assets:    
Long term investments 10,000,634 4,994,327
Operating lease right-of-use asset 2,643,336 2,765,445
Cash surrender value of life insurance 6,539,328 6,299,155
Total other assets 19,183,298 14,058,927
Total assets 37,435,915 37,199,479
Current liabilities:    
Accounts payable 256,143 329,829
Accrued liabilities 858,200 462,858
Deferred revenue 288,016 229,384
Operating lease liability 246,049 239,688
Income taxes payable 28,831 35,899
Total current liabilities 1,677,239 1,297,658
Long-term liabilities:    
Deferred compensation 2,227,789 2,093,124
Deferred revenue 119,897 119,787
Operating lease liability 2,417,098 2,541,734
Total long-term liabilities 4,764,784 4,754,645
Total liabilities 6,442,023 6,052,303
Stockholders' equity:    
Common stock, $0.005 par value, authorized 20,000,000 shares; issued and outstanding 9,375,795 at December 31, 2024 and 9,299,795 at June 30, 2024, respectively 46,879 46,499
Paid in capital 13,576,206 13,404,477
Retained earnings 17,370,807 17,696,200
Total stockholders' equity 30,993,892 31,147,176
Total liabilities and stockholders' equity $ 37,435,915 $ 37,199,479