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Condensed Consolidated Statements of Income - USD ($)
3 Months Ended 9 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Mar. 31, 2017
Mar. 31, 2016
Condensed Consolidated Statements of Income        
Net sales $ 7,715,955 $ 7,408,990 $ 24,592,043 $ 22,281,107
Cost of sales 5,014,175 4,922,570 16,022,269 14,606,877
Gross profit 2,701,780 2,486,420 8,569,774 7,674,230
Selling, general, and administrative expenses 3,153,257 2,620,238 8,768,851 7,445,023
Research and development expenses 230,594 249,995 818,954 769,223
Operating loss (682,071) (383,813) (1,018,031) (540,016)
Other income (expense):        
Interest income 124 175 488 2,658
Interest expense (74,992) (71,690) (198,084) (229,207)
Other income, net 2,208 4,640 79,943 9,635
Net other expense (72,660) (66,875) (117,653) (216,914)
Loss before income taxes (754,731) (450,688) (1,135,684) (756,930)
Income tax (provision) benefit
Net loss (754,731) (450,688) (1,135,684) (756,930)
Deemed dividend on 8% convertible preferred stock     (375,858)  
8% Convertible preferred stock dividend (93,979) (80,500) (271,756) (241,500)
Net loss attributable to common stockholders $ (848,710) $ (531,188) $ (1,783,298) $ (998,430)
Basic and diluted net loss per common share $ (0.28) $ (0.19) $ (0.61) $ (0.37)
Weighted-average common shares outstanding:        
Basic 3,022,443 2,731,282 2,914,229 2,681,493
Diluted 3,022,443 2,731,282 2,914,229 2,681,493