1. Summary of significant accounting policies

9 Months Ended

Mar. 31, 2017

Accounting Policies [Abstract]

Summary of significant accounting policies

Principles of consolidation:

The accompanying consolidated financial statements include the accounts of Scientific Industries, Inc. (“Scientific”), a Delaware corporation, Altamira Instruments, Inc.(“Altamira”), a wholly-owned subsidiary and Delaware corporation, Scientific Packaging Industries, Inc. (an inactive wholly-owned subsidiary and New York corporation) and Scientific Bioprocessing, Inc. (“SBI”), a wholly-owned subsidiary and Delaware corporation. All are collectively referred to as the “Company”. All material intercompany balances and transactions have been eliminated.