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Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2023
Dec. 31, 2022
NET SALES $ 1,200,053 $ 1,183,937 $ 2,373,160 $ 2,359,640
COST OF SALES 263,324 293,455 524,029 588,359
GROSS PROFIT 936,729 890,482 1,849,131 1,771,281
OPERATING EXPENSES        
Salaries and Benefits 502,478 447,633 980,504 915,790
Selling, General and Administrative 535,666 474,394 1,027,433 898,489
Operating Costs and Expenses 1,038,144 922,027 2,007,937 1,814,279
INCOME/(LOSS) FROM OPERATIONS (101,415) (31,545) (158,806) (42,998)
OTHER INCOME        
(Loss) on Disposal of Assets (1,214) 0 (1,214) 0
Other Income / Gain on Extinguishment of Debt 618 0 618 0
Rental income 8,958 2,844 17,916 2,844
Interest Income 5,618 2,192 10,826 3,087
Nonoperating Income (Expense) 13,980 5,036 28,146 5,931
INCOME/(LOSS) BEFORE INCOME TAXES (87,435) (26,509) (130,660) (37,067)
INCOME TAX (EXPENSE)/ BENEFIT (155,038) 6,431 (145,668) 8,802
NET LOSS (242,473) (20,078) (276,328) (28,265)
Dividend requirements on preferred stock (4,172) (4,178) (7,805) (8,355)
Basic net loss available to common shares $ (246,645) $ (24,256) $ (284,133) $ (36,620)
Basic net loss per common share (in dollars per share) $ (0.03) $ (0) $ (0.04) $ (0)
Weighted average number of common shares outstanding (in shares) 8,108,388 8,087,388 8,108,388 8,087,388
Diluted net loss per common share (in dollars per share) $ (0.03) $ (0) $ (0.04) $ (0)
Weighted average number of common shares outstanding, diluted (in shares) 8,108,388 8,087,388 8,108,388 8,087,388