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Condensed Consolidated Balance Sheets - USD ($)
Mar. 31, 2023
Jun. 30, 2022
Current assets:    
Cash and cash equivalents $ 516,970 $ 550,110
Restricted cash 152,627 151,207
Trade accounts receivable, less allowance for doubtful accounts of $107,842 and $248,224 as of March 31, 2023 and June 30, 2022, respectively 4,366,953 5,416,044
Other receivables 444,059 446,493
Inventories, net 9,703,113 12,071,292
Prepaid expenses 549,370 590,820
Total current assets 15,733,092 19,225,966
Property and equipment, net 2,623,953 2,911,420
Operating lease assets 3,842,905 1,565,530
Intangible assets, net 3,772,850 4,240,725
Goodwill 7,116,614 7,116,614
Other assets 350,135 373,740
Total assets 33,439,549 35,433,995
Current liabilities:    
Accounts payable 6,166,723 6,168,961
Accrued payroll and benefits expense 811,832 1,359,624
Accrued expense 15,608 862,438
Warranty reserve 115,637 197,156
Current portion of long-term debt 0 5,362
Current portion of finance lease liability 284,681 321,085
Current portion of deferred gain 150,448 150,448
Current portion of operating lease liability 1,030,530 846,304
Other liabilities 13,743 23,967
Total current liabilities 8,589,202 9,935,345
Finance lease liability, net of current portion 1,805,008 1,938,531
Deferred gain, net of current portion 814,926 927,762
Operating lease liability, net of current portion 2,812,375 727,310
Other liabilities 202,562 206,489
Total liabilities 14,224,073 13,735,437
Commitments and contingencies
Stockholders' equity:    
Preferred stock, no par value: Authorized 50,000,000 shares; 3,351,000 shares issued and outstanding as of March 31, 2023 and June 30, 2022, respectively 7,980,788 7,980,788
Common stock, no par value: Authorized 100,000,000 shares; 3,890,526 shares and 3,639,663 shares issued and outstanding as of March 31, 2023 and June 30, 2022, respectively 34,160,784 33,533,003
Accumulated deficit (22,926,096) (19,815,233)
Total stockholders' equity 19,215,476 21,698,558
Total liabilities and stockholders' equity $ 33,439,549 $ 35,433,995