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STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME - USD ($)
$ in Thousands
12 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Income Statement [Abstract]    
Net sales $ 34,834 $ 27,172
Cost of sales 21,692 17,392
Gross profit 13,142 9,780
Operating (income) expenses:    
Selling expenses 577 415
General and administrative expenses 3,189 2,492
Gain on disposal of equipment (5) (7)
Research and development costs 2,315 1,882
Total operating expenses 6,076 4,782
Operating income 7,066 4,998
Other income (expense):    
Interest and dividend income 95 268
Other income 952 45
Gain on sale of investments 25 356
Interest expense (236) (220)
Total other income 836 449
Income before income taxes 7,902 5,447
Income tax expense 1,790 1,299
Net income 6,112 4,148
Other comprehensive loss, net of tax:    
Unrealized loss from marketable equity investments, net of income taxes (1,037) (396)
Comprehensive income $ 5,075 $ 3,752
Basic & Diluted income per share:    
Basic net income per share $ 1.56 $ 0.99
Diluted net income per share $ 1.5 $ 0.97
Weighted-average common shares outstanding:    
Basic 3,910,940 4,192,365
Diluted 4,078,087 4,298,332