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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
Dec. 31, 2018
Jun. 30, 2018
Current assets:    
Cash and cash equivalents $ 10,173,286 $ 10,979,455
Accounts receivable, less allowance for doubtful accounts of $250,000 and $200,000, respectively 5,709,298 5,245,549
Inventories, net 5,711,528 5,019,886
Prepaid expenses and other current assets 601,752 611,647
Total current assets 22,195,864 21,856,537
Property, plant and equipment, net of accumulated amortization and depreciation of $9,720,862 and $9,023,235, respectively 4,473,859 4,188,378
Patents, net of accumulated amortization of $1,132,901 and $1,063,393, respectively 763,044 757,447
Goodwill 1,701,094 1,701,094
Contract assets 960,000
Intangible and other assets 451,315 517,295
Total assets 30,545,176 29,020,751
Current liabilities:    
Accounts payable 3,592,287 1,794,098
Accrued expenses and other current liabilities 2,264,112 2,411,172
Deferred income 5,993 13,303
Total current liabilities 5,862,392 4,218,573
Non current liabilities 401,000 401,000
Total liabilities 6,263,392 4,619,573
Commitments and contingencies  
Shareholders' equity:    
Common stock, $.01 par value-shares authorized 40,000,000; 9,584,178 and 9,430,466 shares issued and outstanding in each period 95,842 94,305
Additional paid-in capital 42,143,359 39,772,973
Accumulated deficit (17,957,417) (15,466,100)
Total shareholders' equity 24,281,784 24,401,178
Total liabilities and shareholders' equity $ 30,545,176 $ 29,020,751