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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
3 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Operating activities    
Net loss from operations $ (1,212,224) $ (521,883)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:    
Depreciation and amortization and other non-cash items 326,420 226,012
Disposals of property, plant and equipment 112,704
Deferred income tax benefit (281,000) (26,000)
Stock-based compensation 625,293 (226,119)
Deferred income (4,098) (4,650)
Deferred lease liability (2,338) 23
Changes in operating assets and liabilities:    
Accounts receivable 979,878 28,359
Inventories (649,440) 164,073
Prepaid expenses and other assets 416,438 40,269
Accounts payable, accrued expenses (1,285,333) 64,485
Net cash used in operations (973,700) (255,431)
Investing activities    
Acquisition of property, plant and equipment (85,129) (108,954)
Acquisition of patents (26,403) (84,121)
Net cash used in investing activities (111,532) (193,075)
Financing activities    
Proceeds from exercise of stock options 56,202
Net cash provided by financing activities 56,202
Net decrease in cash and cash equivalents (1,029,030) (448,506)
Cash and cash equivalents at beginning of period 11,557,071 9,049,327
Cash and cash equivalents at end of period 10,528,041 8,600,821
Cash paid for:    
Income taxes $ 2,053