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CONDENSED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS) (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Mar. 31, 2020
Mar. 31, 2019
Income Statement [Abstract]        
Net sales $ 8,508 $ 6,854 $ 23,710 $ 20,168
Cost of sales 5,298 4,591 14,855 12,930
Gross profit 3,210 2,263 8,855 7,238
Operating (income) expenses:        
Selling expenses 161 122 438 252
General and administrative expenses 725 641 2,052 1,838
Gain from disposal of equipment (7)
Research and development costs 620 603 1,501 1,337
Total operating expenses 1,506 1,366 3,991 3,420
Operating income 1,704 897 4,864 3,818
Interest expense (58) (67) (180) (156)
Interest and other income 9 93 77 261
Gain on sale of investments 356
Income from operations before income taxes 1,655 923 4,761 4,279
Income tax expense (442) (191) (1,194) (1,019)
Net income 1,213 732 3,567 3,260
Other comprehensive income (loss), net of tax:        
Unrealized income (loss) from marketable equity investments (1,262) 33 (613) (163)
Comprehensive income (loss) $ (49) $ 765 $ 2,954 $ 3,097
Basic net income per share:        
Net income $ 0.31 $ 0.18 $ 0.9 $ 0.77
Diluted net income per share:        
Net income $ 0.3 $ 0.17 $ 0.88 $ 0.75
Weighted average common shares outstanding:        
Basic 3,871 4,143 3,944 4,224
Diluted 3,999 4,257 4,071 4,338
Common shares outstanding 3,837 4,136 3,837 4,136