XML 16 R4.htm IDEA: XBRL DOCUMENT v3.24.3
Consolidated Balance Sheets - USD ($)
Jun. 30, 2024
Jun. 30, 2023
Current assets:    
Cash and cash equivalents $ 209,033 $ 889,674
Restricted Cash, Current 256,422 256,293
Accounts receivable, net 2,124,159 1,653,721
Inventory, net 1,613,118 1,587,989
Other current assets 194,096 249,790
Total current assets 4,396,828 4,637,467
Property, Plant and Equipment, Net 48,878 34,064
Operating Lease, Right-of-Use Asset 199,989 503,647
Finite-Lived Intangible Assets, Net 49,442 69,986
Deposits Assets, Noncurrent 62,788 62,787
Total assets 4,757,925 5,307,951
Current liabilities:    
Notes Payable to Bank, Current 34,177 37,087
Secured Debt, Current 3,172 3,105
Accounts payable 1,357,222 1,205,510
Accrued expenses 588,317 651,978
Interest Payable, Current 112,389 112,389
Operating Lease, Liability, Current 207,966 329,638
Deferred Revenue, Current 280,004 426,227
Liabilities of discontinued operations 85,692 87,125
Total current liabilities 2,668,939 2,853,059
Other Notes Payable, Noncurrent 128,825 159,511
Operating Lease, Liability, Noncurrent 8,071 214,103
Total long-term liabilities 279,404 520,049
Total liabilities 2,948,343 3,373,108
Shareholders equity:    
Series A convertible preferred stock, $0.001 par value; 2,000,000 shares authorized;2,000,000 issued and outstanding 645,000 645,000
Common stock, $0.001 par value; 35,000,000 shares authorized; 7,415,329 shares issued and outstanding 7,415 7,415
Additional paid-in capital 69,702,043 69,702,043
Accumulated deficit (68,544,876) (68,419,615)
Total shareholders' equity 1,809,582 1,934,843
Total liabilities and shareholders' equity 4,757,925 5,307,951
Accounts Receivable, before Allowance for Credit Loss 2,295,263 1,807,599
Accounts Receivable, Allowance for Credit Loss (171,104) (153,878)
Secured Debt [Member]    
Current liabilities:    
Long-term Debt $ 142,508 $ 146,435