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Consolidated Statements of Operations - USD ($)
12 Months Ended
Jun. 30, 2019
Jun. 30, 2018
NET SALES $ 4,191,188 $ 4,020,274
COST OF SALES 1,141,602 1,084,574
GROSS PROFIT 3,049,586 2,935,700
OPERATING EXPENSES    
Salaries and Benefits 1,534,407 1,496,076
Selling, General and Administrative 1,418,106 1,312,539
2,952,513 2,808,615
INCOME / (LOSS) FROM OPERATIONS 97,073 127,085
OTHER INCOME (EXPENSE)    
(Loss) on Disposal of Assets (290)
Interest Income 2,240 846
2,240 556
INCOME BEFORE INCOME TAXES 99,313 127,641
INCOME TAX EXPENSE (72,089) (383,368)
NET (LOSS) INCOME 27,224 (255,727)
Dividend requirements on preferred stock (16,960) (17,710)
Basic net (loss) income available to common shares $ 10,264 $ (273,437)
Basic net (loss) income per common share (in dollars per share) $ 0 $ (0.03)
Weighted average number of common shares outstanding (in shares) 8,087,388 8,077,388
Diluted net (loss) income per common share (in dollars per share) $ 0 $ (0.03)
Weighted average number of common shares outstanding, diluted (in shares) 8,319,488 8,077,388