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CONDENSED CONSOLIDATED BALANCE SHEETS (USD $)
Mar. 31, 2014
Jun. 30, 2013
Current Assets:    
Cash and cash equivalents $ 343,000 $ 927,300
Investment securities 474,000 908,400
Trade accounts receivable, net 1,135,300 815,900
Inventories 2,249,300 1,705,600
Prepaid expenses and other current assets 125,900 59,000
Deferred taxes 89,000 86,600
Total current assets 4,416,500 4,502,800
Property and equipment, net 272,400 156,500
Intangible assets, net 1,883,000 773,500
Goodwill 705,300 589,900
Other assets 24,100 24,100
Deferred taxes 111,800 106,200
Total assets 7,413,100 6,153,000
Current Liabilities:    
Accounts payable 234,700 156,800
Customer advances 271,900 15,900
Bank line of credit 80,000   
Notes payable, current 46,500 78,300
Accrued expenses and taxes 427,600 407,700
Contingent consideration payable, current portion 120,000 19,000
Total current liabilities 1,180,700 677,700
Contingent consideration payable, less current portion 408,700 51,600
Notes payable, less current portion    26,700
Total liabilities 1,589,400 756,000
Shareholders' equity:    
Common stock, $.05 par value; authorized 7,000,000 shares; 1,488,914 issued and outstanding at March 31, 2014 and 1,357,465 at June 30, 2013 74,400 67,900
Additional paid-in capital 2,419,700 1,977,100
Accumulated other comprehensive loss (6,100) (13,600)
Retained earnings 3,388,100 3,418,000
Total 5,876,100 5,449,400
Less common stock held in treasury, at cost, 19,802 shares 52,400 52,400
Total shareholders' equity 5,823,700 5,397,000
Total liabilities and shareholders' equity $ 7,413,100 $ 6,153,000