XML 96 R86.htm IDEA: XBRL DOCUMENT v3.23.2
Quaterly financial data (Unaudited) (Details 3) - USD ($)
3 Months Ended 6 Months Ended 12 Months Ended
Mar. 31, 2023
Sep. 30, 2022
Mar. 31, 2022
Dec. 31, 2022
Dec. 31, 2021
Jun. 30, 2022
Jun. 30, 2021
Loss/(Gain) on sale of investment securities $ (69,200)   $ (15,100) $ (89,200) $ 4,000 $ (32,700) $ 35,600
Income (Loss) from Operations 2,370,500   1,535,000 4,079,400 2,105,300 13,668,100 3,672,500
Trade accounts receivable (143,200)   278,600 (175,600) 50,100 206,700 75,500
Inventories 338,600   746,000 733,600 637,900 1,719,200 560,000
Income tax receivable 0   95,100 (300) (267,300) (172,200) (1,500)
Accounts payable 71,000   128,800 (191,500) 461,300 652,400 79,600
Other long term liabilities 0   10,900 (107,600) 0 (10,900) 10,900
Net cash used in operating activities (1,744,700)   (1,483,200) (2,849,000) (1,931,000) (5,190,200) (3,580,100)
Redemption of investment securities       2,404,200 844,300 2,709,800 6,181,400
Purchase of investment securities       (346,200) (4,001,200) (5,634,500) (9,569,000)
Capital expenditures (45,800)   (174,000) (253,000) (163,400) (757,600) (198,700)
Purchase of other intangible assets 0   (500) (1,500) (66,500) (67,000) (58,700)
Net cash provided by (used) in investing activities 893,700   (1,161,800) 1,803,500 (3,386,800) (3,749,300) (10,884,000)
Bank overdraft       0 163,400 321,700 (278,600)
Net cash received in financing activities 0   2,609,500 0 (163,400) 2,306,700 16,588,800
Effect of changes in foreign currency exchange rates on cash and cash equivalents 3,300   (193,500) 1,500 103,000 (71,300) (9,200)
Net (decrease) increase in cash and cash equivalents (847,700)   (229,000) (1,044,000) (5,378,200) (6,704,100) 2,115,500
Cash and cash equivalents, beginning of period 1,927,100 $ 2,971,100 4,297,000 2,971,100 9,675,200 9,675,200 7,559,700
Cash and cash equivalents, end of period 1,079,400   4,068,000 1,927,100 4,297,000 2,971,100 9,675,200
Depreciation and amortization       380,800 327,300 688,200 251,500
Record right-of-use assets       104,326 0 1,010,900 0
Record lease liabilities       104,642 0 1,010,400 0
Stock-based compensation $ 602,600   $ 653,700 1,236,700 1,266,400 2,350,600 2,108,000
Effect of Restatement [Member]              
Income (Loss) from Operations   (417,200)       (8,023,700)  
Deferred income taxes   417,200       3,743,600  
Net cash used in operating activities   0       0  
Net cash provided by (used) in investing activities   0          
Net (decrease) increase in cash and cash equivalents   0          
Deferred income taxes   (417,200)       (3,743,600)  
As Filed [Member]              
Loss/(Gain) on sale of investment securities   56,900       32,700  
Income (Loss) from Operations   (1,292,000)       (5,644,400)  
Deferred income taxes   417,200       (1,253,600)  
Unrealized holding (gain)/loss on investment securities   12,100       233,700  
Trade accounts receivable   391,200       (206,700)  
Inventories   (334,100)       (1,719,200)  
Prepaid and other current assets   26,400       (207,800)  
Income tax receivable   (300)       172,200  
Operating lease right of use assets   29,700          
Accounts payable   (674,800)       652,400  
Accrued expenses and taxes   (11,100)       180,300  
Deferred Revenue   (27,900)       0  
Lease Liabilities   (32,200)       807,900  
Other long term liabilities   0       (10,900)  
Net cash used in operating activities   (1,466,300)       (5,190,200)  
Redemption of investment securities   1,043,000       2,709,800  
Purchase of investment securities   14,800       5,634,500  
Capital expenditures   (160,100)       (757,600)  
Purchase of other intangible assets   (1,500)       (67,000)  
Payment of Finance Lease Obligations   0          
Net cash provided by (used) in investing activities   866,600       (3,749,300)  
Bank overdraft   84,000       (321,700)  
Net cash received in financing activities   84,000       2,306,700  
Effect of changes in foreign currency exchange rates on cash and cash equivalents   (17,700)       (71,300)  
Net (decrease) increase in cash and cash equivalents   (533,400)       (6,704,100)  
Cash and cash equivalents, beginning of period   2,971,100   2,971,100 9,675,200 9,675,200  
Cash and cash equivalents, end of period   2,437,700       2,971,100 9,675,200
Depreciation and amortization   188,900       688,200  
Record right-of-use assets   41,100       1,010,900  
Record lease liabilities   38,800       1,010,400  
Stock-based compensation   618,100       2,350,600  
Deferred income taxes   (417,200)       1,253,600  
As Restated [Member]              
Loss/(Gain) on sale of investment securities   56,900       32,700  
Income (Loss) from Operations   (1,709,200)       (13,668,100)  
Deferred income taxes   0       (2,490,000)  
Unrealized holding (gain)/loss on investment securities   12,100       233,700  
Trade accounts receivable   391,200       (206,700)  
Inventories   (334,100)       (1,719,200)  
Prepaid and other current assets   26,400       (207,800)  
Income tax receivable   (300)       172,200  
Operating lease right of use assets   29,700          
Accounts payable   (674,800)       652,400  
Accrued expenses and taxes   (11,100)       180,300  
Deferred Revenue   (27,900)       0  
Lease Liabilities   (32,200)       807,900  
Other long term liabilities   0       (10,900)  
Net cash used in operating activities   (1,466,300)       (5,190,200)  
Redemption of investment securities   1,043,000       2,709,800  
Purchase of investment securities   14,800       5,634,500  
Capital expenditures   (160,100)       (757,600)  
Purchase of other intangible assets   (1,500)       (67,000)  
Payment of Finance Lease Obligations   0          
Net cash provided by (used) in investing activities   866,600       (3,749,300)  
Bank overdraft   84,000       (321,700)  
Net cash received in financing activities   84,000       2,306,700  
Effect of changes in foreign currency exchange rates on cash and cash equivalents   (17,700)       (71,300)  
Net (decrease) increase in cash and cash equivalents   (533,400)       (6,704,100)  
Cash and cash equivalents, beginning of period   2,971,100   $ 2,971,100 $ 9,675,200 9,675,200  
Cash and cash equivalents, end of period   2,437,700       2,971,100 $ 9,675,200
Depreciation and amortization   188,900       688,200  
Record right-of-use assets   41,100       1,010,900  
Record lease liabilities   38,800       1,010,400  
Stock-based compensation   618,100       2,350,600  
Deferred income taxes   $ 0       $ 2,490,000