2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

12 Months Ended

Jun. 30, 2019

Accounting Policies [Abstract]

Segment information by geographic areas

The following table contains certain financial information by geographic area: 

	Fiscal Year Ended June 30,
Net sales:	2019		2018
United States	$	36,217,387	$	29,235,011
Caribbean and South America		–		238,970
Europe, the Middle East and Africa (“EMEA”)		224,427		335,845
Asia		27,086		256,007
Totals	$	36,468,900	$	30,065,833

Long lived assets by geographic area

Long-lived assets, net (property and equipment and intangible assets):	June 30, 2019		June 30, 2018
United States	$	1,209,159	$	1,073,640
Asia		32,631		47,140
Totals	$	1,241,790	$	1,120,780

Schedule of receivables

The balances of our trade receivables are as follows: 

	June 30, 2019		June 30, 2018
Accounts Receivable	$	4,138,470	$	7,907,117

Schedule of contract liabilities

Our contract liabilities are as follows:

	June 30, 2019		June 30, 2018
Advance payments from customers	$	–	$	228,598
Undelivered products		140,000		140,000
Totals	$	140,000	$	368,598

Useful lives of property and equipment

Depreciation is computed using the straight-line method over the estimated useful lives as follows:

Machinery	6 years
Office equipment	5 years
Molds	3 years
Vehicles	5 years
Computers and software	5 years
Furniture and fixtures	7 years
Facilities improvements	5 years or life of the lease, whichever is shorter

Intangible Assets

The definite lived intangible assets consisted of the following as of June 30, 2019:

Definite lived intangible assets:	Expected Life	Average Remaining life	Gross Intangible Assets		Accumulated Amortization		Net Intangible Assets
Complete technology	3 years	3.0 years		18,397		-		18,397
Technology in progress	Not Applicable	-		465,352		-		465,352
Software	5 years	2.7 years		423,436		278,266		145,170
Patents	10 years	6.3 years		58,884		8,729		50,155
Certifications & licenses	3 years	0.8 years		3,319,461		2,888,624		430,837
Total as of June 30, 2019			$	4,285,530	$	3,175,619	$	1,109,911

The definite lived intangible assets consisted of the following as of June 30, 2018:

Definite lived intangible assets:	Expected Life	Average Remaining life	Gross Intangible Assets		Accumulated Amortization		Net Intangible Assets
Complete technology	3 years	3.0 years		18,397		-		18,397
Technology in progress	Not Applicable	-		100,000		-		100,000
Software	5 years	2.7 years		323,295		238,487		84,808
Patents	10 years	7.0 years		58,391		6,683		51,708
Certifications & licenses	3 years	1.9 years		3,250,061		2,508,266		741,795
Total as of June 30, 2018			$	3,750,144	$	2,753,436	$	996,708

Schedule of Expected Amortization Expense

The amortization expenses of the definite lived intangible assets for the next five years and thereafter are as follows:

	FY2020		FY2021		FY2022		FY2023		FY2024		Thereafter
Total	$	303,890	$	114,452	$	47,465	$	26,827	$	16,745	$	20,786