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Condensed Consolidated Statements of Cash Flows (Unaudited) (USD $)
9 Months Ended
Mar. 31, 2012
Mar. 31, 2011
Operating activities:    
Net income $ (4,200) $ 252,000
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 141,600 142,200
Deferred income taxe (benefit) 1,700 (14,800)
Stock-based compensation 5,700 20,800
Changes in operating assets and liabilities:    
Accounts receivable 51,000 871,100
Inventories (492,600) (94,600)
Prepaid expenses and other current assets 41,000 (39,300)
Accounts payable 23,500 (114,300)
Customer advances 307,100 0
Accrued expenses and taxes 5,900 (148,200)
Total adjustments 84,900 622,900
Net cash provided by operating activities 80,700 874,900
Investing activities:    
Additional consideration for acquisition of Altamira Instruments, Inc. 0 (182,600)
Intangible assets acquired in acquisition (note 3) (260,000) 0
Purchase of investment securities, available for sale (8,300) (11,100)
Capital expenditures (66,100) (61,500)
Purchase of intangible assets, other (4,900) (8,800)
Net cash used in investing activities (339,300) (264,000)
Financing activities:    
Line of credit proceeds 60,000 0
Line of credit repayments (60,000) 0
Payments for contingent consideration (16,100) 0
Proceeds from exercise of stock options 9,600 0
Cash dividend declared and paid (59,900) (107,700)
Principal payments on note payable (30,600) 0
Net cash used in financing activities (97,000) (107,700)
Net increase (decrease) in cash and cash equivalents (355,600) 503,200
Cash and cash equivalents, beginning of year 907,800 632,700
Cash and cash equivalents, end of year 552,200 1,135,900
Supplemental disclosures of cash flow information:    
Cash paid for income taxes 3,300 298,400
Non-cash investing and financing activities:    
Fair value of stock issued for acquisition 400,000 0
Fair value of note payable issued for acquisition 230,000 0
Fair value of contingent consideration payable in connection with acquisition $ 128,000 $ 0