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CONDENSED CONSOLIDATED STATEMENTS OF INCOME (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Income Statement [Abstract]    
Net sales $ 9,988 $ 8,590
Cost of sales 6,560 5,115
Gross profit 3,428 3,475
Operating expenses:    
Selling expenses 37 130
General and administrative expenses 1,093 705
Research and development costs 980 1,091
Total operating expenses 2,110 1,926
Operating income 1,318 1,549
Other income (expense):    
Interest and miscellaneous income 24 53
Unrealized gain (loss) on marketable equity investments 149 (107)
Interest expense (120) (54)
Total other expense 53 (108)
Income before income taxes 1,371 1,441
Provision for income taxes 307 283
Net income $ 1,064 $ 1,158
Basic net income per share $ 0.29 $ 0.30
Diluted net income per share $ 0.28 $ 0.29
Weighted average common shares outstanding:    
Basic 3,651,334 3,850,838
Diluted 3,777,118 3,975,063
Common shares outstanding 3,666,319 3,858,251