Discontinued Operations (Tables)

9 Months Ended

12 Months Ended

Mar. 31, 2021

Jun. 30, 2020

Discontinued Operations and Disposal Groups [Abstract]

Discontinued Operations

Assets:	March 31, 2021		June 30, 2020
Cash	$	12,100	$	-
Accounts receivable		109,300		-
Inventories		3,200		343,700
Property and equipment, net		-		1,400
Goodwill		-		447,900
Discontinued operations	$	124,600	$	793,000

Liabilities:	March 31, 2021		June 30, 2020
Accounts payable	$	2,900	$	20,100
Accrued expenses and taxes		45,000		120,700
Contract liabilities		16,500		69,000
Operating lease liabilities, current portion		-		31,100
	$	64,400	$	240,900

	Three Months Ended					Nine Months Ended
	March 31,2021		March 31,2020			March 31,2021			March 31,2020
Revenues	$	107,800	$	241,800		$	387,700		$	420,000
Cost of goods sold		78,800		237,700			458,500			500,300
Gross profit		29,900		4,100			(70,800	)		(80,300	)
Selling, general and administrative expenses		12,600		103,700			282,200			280,000
Income (loss from operations)		16,400		(99,600	)		(353,000	)		(360,300	)
Loss on disposal		-		-			(405,400	)		-
Income (loss) before income tax benefit		16,400		(99,600	)		(758,400	)		(360,300	)
Income tax benefit, all deferred		-		(16,400	)		(179,900	)		(67,000	)
Net income (loss) attributable to discontinued operations	$	16,400	$	(83,200	)	$	(578,500	)	$	(293,300	)

	2020		2019
Assets:
Inventories	$	343,700	$	208,700
Property and equipment, net		1,400		2,700
Goodwill		447,900		447,900
Discontinued operations	$	793,000	$	659,300

	June 30, 2020			June 30, 2019
Accounts payable	$	20,100		$	84,500
Accrued expenses and taxes		120,700			177,500
Contract liabilities		69,000			—
Operating lease liabilities, current portion		31,100			—
	$	240,900		$	262,000
Revenues	$	785,900		$	1,814,900
Cost of goods sold		869,900			1,490,600
Gross profit		(84,000	)		324,300
Selling, general and administrative expenses		388,500			456,300
Loss from operations before income tax benefit		(472,500	)		(132,000	)
		(222,600	)		(36,000	)
Net loss attributable to discontinued operations	$	(249,900	)	$	(96,000	)