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Consolidated Statements of Operations - USD ($)
12 Months Ended
Jun. 30, 2018
Jun. 30, 2017
NET SALES $ 4,020,274 $ 4,012,419
COST OF SALES 1,084,574 1,262,626
GROSS PROFIT 2,935,700 2,749,793
OPERATING EXPENSES    
Salaries and Benefits 1,496,076 1,567,049
Selling, General and Administrative 1,312,539 1,152,780
2,808,615 2,719,829
INCOME / (LOSS) FROM OPERATIONS 127,085 29,964
OTHER INCOME (EXPENSE)    
(Loss) on Disposal of Assets (290)
Interest Expense 0 (2,846)
Interest Income 846 1,868
556 (978)
INCOME BEFORE INCOME TAXES 127,641 28,986
INCOME TAX EXPENSE (383,368) (16,608)
NET (LOSS) INCOME (255,727) 12,378
Dividend requirements on preferred stock (17,710) 13,315
Basic net (loss) income available to common shares $ (273,437) $ 25,693
Basic net (loss) income per common share (in dollars per share) $ (0.03) $ 0
Weighted average number of common shares outstanding (in shares) 8,077,388 8,062,536
Diluted net (loss) income per common share (in dollars per share) $ (0.03) $ 0
Weighted average number of common shares outstanding, diluted (in shares) 8,077,388 8,279,704