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Condensed Consolidated Balance Sheets - USD ($)
Jun. 30, 2017
Jun. 30, 2016
Current assets:    
Cash and cash equivalents $ 254,705 $ 966,183
Trade accounts receivable, less allowance for doubtful accounts of $382,333 as of June 30, 2017 and $389,050 as of June 30, 2016 5,281,348 3,523,731
Other receivables 33,388 10,946
Inventories, net 7,397,682 4,997,254
Prepaid expenses 503,800 256,735
Total current assets 13,470,923 9,754,849
Property and equipment, net 4,973,477 4,777,565
Intangible assets, net 2,754,118 160,123
Goodwill 4,302,486  
Other assets 562,873 580,161
Total assets 26,063,877 15,272,698
Current liabilities:    
Accounts payable 2,334,563 1,914,342
Accrued payroll and benefits expense 1,472,773 1,034,688
Accrued expenses 656,839 358,787
Income tax payable 8,438 2,895
Warranty reserve 202,000 152,605
Line of credit 2,171,935  
Current portion of acquisition holdback 294,744  
Current portion of long-term debt 151,808 137,283
Current portion of capital lease 193,818 183,302
Current portion of deferred gain 150,448 150,448
Total current liabilities 7,637,366 3,934,350
Long-term debt, net of current portion 461,806 553,191
Capital lease, net of current portion 3,087,729 3,281,547
Deferred gain, net of current portion 1,680,001 1,830,449
Acquisition holdback, net of current portion 750,000  
Deferred rent 122,585 85,151
Total liabilities 13,739,487 9,684,688
Commitments and contingencies
Stockholders' equity:    
Preferred stock, no par value: Authorized 50,000,000 shares; 3,559,000 shares and 1,610,000 shares issued and outstanding as of June 30, 2017 and June 30, 2016, respectively 8,501,295 3,708,152
Common stock, no par value: Authorized 100,000,000 shares; 4,653,165 shares and 2,805,280 shares issued and outstanding as of June 30, 2017 and June 30, 2016, respectively 11,838,022 7,545,880
Accumulated deficit (8,014,927) (5,666,022)
Total stockholders' equity 12,324,390 5,588,010
Total liabilities and stockholders' equity $ 26,063,877 $ 15,272,698