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Consolidated Statements of Cash Flows - USD ($)
12 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Cash Flows from Operating Activities:    
Net loss $ (1,426,150) $ (614,871)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities -    
Depreciation and amortization 112,219 38,554
Provision for doubtful accounts receivable 1,497 8,083
Stock-based compensation expense 502,345 263,326
Non-cash consulting expense 45,000 210,000
Changes in operating assets and liabilities, net of effects of business acquisition    
Accounts receivable 682,173 (723,369)
Inventories (462,640) 137,510
Prepaid expenses 46,629 (106,456)
Accounts payable (108,258) 69,365
Customer advances (33,133) (432,000)
Accrued compensation and other 47,826 118,165
Net cash provided by (used in) operating activities (592,492) (1,031,693)
Cash Flows from Investing Activities:    
Cash acquired in business acquisition, net of $56,659 paid at year end 0 106,545
Cash paid for business acquisition (1,443,341) 0
Additional patent costs (41,142) (6,812)
Purchases of fixed assets (119,150) (140,038)
Net cash used in investing activities (1,603,633) (40,305)
Cash Flows from Financing Activities:    
Payment of capital lease obligation (40,241) (8,964)
Gross proceeds from private placements of common stock 265,000 2,925,000
Gross proceeds from exercise of stock options 8,675 53,900
Proceeds from Paycheck Protection Program bank loan 808,962 0
Private placement expenses paid 0 (12,250)
Net cash provided by financing activities 1,042,396 2,957,686
Net increase (decrease) in cash and cash equivalents (1,153,729) 1,885,688
Cash and cash equivalents, beginning of year 2,288,426 402,738
Cash and cash equivalents, end of year 1,134,697 2,288,426
Supplemental Disclosure of Cash Flow Information:    
Cash paid during the year for income taxes 912 912
Supplemental disclosure of non-cash financing activities:    
Issuance of common stock for services 45,000 210,000
Offering costs included in accrued liabilities 22,250 12,250
Acquisition of manufacturing equipment under capital lease $ 113,213 $ 0