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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
Mar. 31, 2021
Jun. 30, 2020
Jun. 30, 2019
Current Assets:      
Cash and cash equivalents $ 627,500 $ 7,559,700 $ 1,602,500
Investment securities 5,325,700 331,800 330,900
Trade accounts receivable 1,822,500 1,064,000 1,974,200
Inventories 2,885,200 2,541,000 2,383,600
Income tax receivable 336,300 334,800 0
Prepaid expenses and other current assets 62,600 112,400 95,000
Assets of discontinued operations 124,600 793,000 659,300
Total current assets 11,184,400 12,736,700 7,045,500
Property and equipment, net 383,700 278,300 316,100
Intangible assets, net 121,500 128,700 175,000
Goodwill 257,300 257,300 257,300
Operating lease right-of-use assets 715,600 803,300 0
Other assets 48,400 56,000 51,000
Deferred taxes 1,189,400 537,100 431,100
Total assets 13,900,300 14,797,400 8,276,000
Current Liabilities:      
Accounts payable 477,200 334,600 484,500
Accrued expenses 456,400 679,000 430,800
Contract liabilities 0 20,000 0
Contingent consideration, current portion 195,800 111,000 268,000
Bank overdraft 50,600 43,100 140,000
Liabilities of discontinued operations 64,400 240,900 262,000
Lease liabilities, current portion 50,300 195,800 0
Payroll Protection Program loan 563,800 563,800 0
Total current liabilities 1,858,500 2,188,200 1,585,300
Payroll Protection Program loan, less current portion 433,800 0 0
Operating lease liabilities, less current portion 735,300 640,800 0
Contingent consideration payable, less current portion 30,300 247,000 350,000
Total liabilities 3,057,900 3,076,000 1,935,300
Stockholders' equity:      
Common stock 144,200 144,100 75,700
Additional paid-in capital 10,040,600 8,608,300 2,592,700
Retained earnings 710,000 3,021,400 3,724,700
Total 10,894,800 11,773,800 6,393,100
Less common stock held in treasury at cost, 19,802 shares 52,400 52,400 52,400
Total stockholders' equity 10,842,400 11,721,400 6,340,700
Total liabilities and stockholders' equity $ 13,900,300 $ 14,797,400 $ 8,276,000