BALANCE SHEET - USD ($)	Dec. 31, 2018	Jun. 30, 2018
Current assets:
Cash and cash equivalents	$ 333,246	$ 136,112
Accounts receivable, net of allowances of $170,000	3,416,699	3,747,993
Inventories, net	8,137,469	7,830,541
Income tax receivable	20,298	12,178
Other current assets	222,794	250,605
Total current assets	12,130,506	11,977,429
Property, plant and equipment, net	4,387,420	4,823,149
Deferred income taxes	520,663	520,663
Total assets	17,038,589	17,321,241
Current liabilities:
Revolving credit facility	1,356,667	0
Accounts payable	1,883,572	1,473,618
Other accrued liabilities	1,813,898	1,850,683
Total current liabilities	5,054,137	3,324,301
Commitments and contingencies
Stockholders' equity:
Preferred stock	0	0
Common stock; $0.01 par value; 30,000,000 shares 2018 and June 30, 2018; 4,013,537 shares authorized; 5,213,902 shares issued at December 31, outstanding at December 31, 2018 and June 30, 2018	52,139	52,139
Additional paid-in capital	48,489,734	48,488,220
Accumulated deficit	(15,576,633)	(13,562,631)
Less treasury stock, at cost; 1,200,365 shares at December 31, 2018 and June 30, 2018, respectively	(20,980,788)	(20,980,788)
Total stockholders' equity	11,984,452	13,996,940
Total liabilities and stockholders' equity	17,038,589	17,321,241
Series A Preferred Stock [Member]
Stockholders' equity:
Preferred stock	$ 0	$ 0