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CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
Mar. 31, 2019
Jun. 30, 2018
Current Assets:    
Cash and cash equivalents $ 1,352,767 $ 402,738
Accounts receivable, net 826,828 796,923
Inventories, net 1,129,846 1,144,068
Prepaid expenses 139,438 70,991
Total current assets 3,448,879 2,414,720
Property and Equipment:    
Machinery and equipment 2,586,359 2,511,638
Leasehold improvements 590,641 553,596
Furniture and fixtures 148,303 148,303
Total 3,325,303 3,213,537
Less: Accumulated depreciation and amortization (3,187,533) (3,164,051)
Net fixed assets 137,770 49,486
Patents, net 49,807 47,275
TOTAL ASSETS 3,636,456 2,511,481
Current Liabilities:    
Current portion of capital lease obligation 9,416 8,962
Accounts payable 644,729 704,450
Customer advances 258,928 857,842
Accrued employee compensation 194,354 238,590
Accrued professional services 65,000 98,000
Accrued warranty expense 25,000 25,000
Total current liabilities 1,197,427 1,932,844
Capital lease obligation, net of current portion 7,481 14,601
Stockholders' Equity:    
Common Stock, $0.01 par value - Authorized - 50,000,000 shares; Issued and Outstanding ? 12,038,139 shares at March 31, 2019 and 10,197,139 shares at June 30, 2018 120,382 101,972
Additional paid-in capital 47,839,004 45,484,186
Accumulated deficit (45,527,838) (45,022,122)
Total stockholders' equity 2,431,548 564,036
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 3,636,456 $ 2,511,481