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Consolidated Statements of Income - USD ($)
3 Months Ended 9 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Mar. 31, 2016
Mar. 31, 2015
Consolidated Statements of Income        
Net sales $ 7,408,990 $ 6,690,705 $ 22,281,107 $ 21,210,219
Cost of sales 4,922,570 4,498,818 14,606,877 13,987,149
Gross profit 2,486,420 2,191,887 7,674,230 7,223,070
Selling, general, and administrative expenses 2,620,238 2,217,397 7,445,023 6,848,746
Research and development expenses 249,995 236,461 769,223 687,961
Operating loss (383,813) (261,971) (540,016) (313,637)
Other income (expense):        
Interest income 175 847 2,658 4,448
Interest expense (71,690) (87,127) (229,207) (215,156)
Other income, net 4,640 3,696 9,635 10,151
Net other expense (66,875) (82,584) (216,914) (200,557)
Loss before income taxes (450,688) (344,555) (756,930) (514,194)
Income tax (provision) benefit   136,542   213,562
Net loss (450,688) (208,013) (756,930) (300,632)
8% Convertible preferred stock dividend (80,500)   (241,500)  
Net loss attributable to common stockholders $ (531,188) $ (208,013) $ (998,430) $ (300,632)
Basic and diluted net loss per common share $ (0.19) $ (0.08) $ (0.37) $ (0.12)
Weighted-average common shares outstanding:        
Basic 2,731,282 2,520,389 2,681,493 2,520,389
Diluted 2,731,282 2,520,389 2,681,493 2,520,389