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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)
9 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Operating activities:    
Net income (loss) $ 62,200 $ (2,600)
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:    
Gain on sale of investments (3,200) 0
Loss on asset disposal 0 2,700
Depreciation and amortization 276,500 319,100
Deferred income tax expense (7,400) (43,600)
Stock-based compensation 1,300 11,200
Changes in operating assets and liabilities:    
Accounts receivable (95,800) 364,600
Inventories 206,200 (1,461,200)
Prepaid expenses and other current assets (25,900) 13,800
Accounts payable 700 194,700
Customer advances 107,900 191,400
Accrued expenses (317,700) 195,000
Total adjustments 142,600 (212,300)
Net cash provided by (used in) operating activities 204,800 (214,900)
Investing activities:    
Redemption of investment securities, available-for-sale 11,100 0
Purchase of investment securities, available-for-sale (18,700) (2,700)
Capital expenditures (18,200) (45,100)
Purchase of other intangible assets (12,800) (7,400)
Net cash used in investing activities (38,600) (55,200)
Financing activities:    
Line of credit proceeds 250,000 970,000
Line of credit repayments (250,000) 0
Cash dividend declared and paid (44,500) 0
Payments of contingent consideration (166,100) (100,900)
Proceeds from exercise of stock options 15,500 0
Principal payments on note payable (4,800) 0
Net cash provided by financing activities (199,900) 869,100
Net increase (decrease) in cash and cash equivalents (33,700) 599,000
Cash and cash equivalents, beginning of year 1,245,000 482,000
Cash and cash equivalents, end of period 1,211,300 1,081,000
Cash paid during the period for:    
Income Taxes 213,500 35,500
Interest $ 22,000 $ 27,200