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Consolidated Statements of Cash Flows - USD ($)
12 Months Ended
Jun. 30, 2021
Jun. 30, 2020
CASH FLOWS FROM OPERATING ACTIVITIES    
Net Income $ 767,583 $ 111,658
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation 43,331 53,942
Increase in Allowance for Doubtful Accounts 2,689
Right of Use Asset Amortization 120,981 (30,245)
Adoption of ASC 842 (6,939)
Accrued Interest on Certificate of Deposit (306)
Deferred Income Taxes 208,925 48,407
Valuation Allowance (144,619)
(Gain)/Loss on Sale of Assets (304,887) 4,697
Gain on Extinguishment of Debt (203,172)
Stock Based Compensation 19,679
Decrease (increase) in:    
Accounts Receivable (186,315) 105,898
Deposits 957
Inventory (12,010) (233,691)
Prepaid Expenses (93,113) 61,356
Increase (decrease) in:    
Accounts Payable 129 20,014
Accrued Interest Payable 2,172
Accrued Expenses 60,165 60,976
NET CASH PROVIDED BY OPERATING ACTIVITIES 279,500 198,772
CASH FLOW FROM INVESTING ACTIVITIES    
Purchase of Certificate of Deposit (125,000)
Redemption of Certificate of Deposit (1,181)
Purchase of Property & Equipment (65,166) (23,044)
Proceeds on disposal of property and equipment 670,303
NET CASH PROVIDED BY (USED IN) INVESTING ACTIVITIES 480,137 (24,225)
CASH FLOW FROM FINANCING ACTIVITIES    
Payments on Operating Lease Liability (198,949)
Proceeds from PPP Loan 201,000
NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES (198,949) 201,000
NET CHANGE IN CASH 560,688 375,547
CASH AT BEGINNING OF THE YEAR 665,834 290,287
CASH AT END OF THE YEAR 1,226,522 665,834
SUPPLEMENTAL DISCLOSURES    
Interest Paid
Taxes Paid