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Condensed Consolidated Statements of Cash Flows - USD ($)
6 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Operating activities:    
Net loss $ (325,393) $ (526,762)
Adjustments to reconcile net loss to net cash used in operating activities:    
Provision for (recovery of) credit losses 121 (4,105)
Depreciation of equipment and leasehold improvements 113,858 93,647
Accretion of discount on treasury securities (152,879) (234,298)
Noncash operating lease expense 3,834 3,835
Stock-based compensation expense 19,664 84,040
Change in cash surrender value of life insurance (169,596) (152,892)
Provision for deferred compensation 134,665 63,255
Net changes in operating assets and liabilities:    
Accounts receivable (161,873) (130,286)
Inventories (96,941) 1,256,774
Prepaid expenses and other current assets 139,243 (59,750)
Interest receivable 71,923 (82,896)
Income taxes receivable (375) (40,462)
Income taxes payable (7,068) (83,479)
Accounts payable (73,686) (5,011)
Accrued liabilities 395,342 (418,796)
Deferred revenue 58,742 (107,999)
Net cash used in operating activities (50,419) (345,185)
Investing activities:    
Purchase of equipment and leasehold improvements (419,553) (401,594)
Life insurance premiums paid (70,577) (81,744)
Proceeds from the maturity of treasury securities 7,085,000 7,223,000
Purchases of treasury securities (6,998,250) (6,997,085)
Net cash used in investing activities (403,380) (257,423)
Financing activities:    
Proceeds from exercise of stock options 152,445 35,800
Net cash provided by financing activities 152,445 35,800
Net (decrease) in cash and cash equivalents (301,354) (566,808)
Cash and cash equivalents at beginning of period 2,837,081 3,091,062
Cash and cash equivalents at end of period 2,535,727 2,524,254
Supplemental cash flow information:    
Cash paid for income taxes $ 12,963 $ 127,700