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Consolidated Balance Sheets - USD ($)
Jun. 30, 2015
Jun. 30, 2014
Current assets:    
Cash and cash equivalents $ 11,373,973 $ 9,072,320
Accounts receivable, less allowance for uncollectible accounts of $494,000 and $63,000, respectively 4,671,544 2,683,579
Finance receivables 941,150 119,793
Inventory 4,216,396 1,486,777
Prepaid expenses and other current assets 574,479 363,367
Deferred income taxes 1,257,796 907,691
Total current assets 23,035,338 14,633,527
Finance receivables, less current portion 3,697,513 352,794
Other assets 350,041 190,703
Property and equipment, net 12,868,808 21,138,580
Deferred income taxes 25,788,187 26,353,330
Intangibles, net 432,100 432,100
Goodwill 7,663,208 7,663,208
Total assets 73,835,195 70,764,242
Current liabilities:    
Accounts payable 9,242,672 7,753,911
Accrued expenses 2,107,530 1,915,799
Line of credit 4,000,000 5,000,000
Current obligations under long-term debt 477,522 172,911
Income taxes payable 54,086 21,021
Deferred gain from sale-leaseback transactions 860,391 380,895
Total current liabilities 16,742,201 15,244,537
Long-term liabilities:    
Long-term debt, less current portion 1,854,424 249,865
Accrued expenses, less current portion 49,160 186,174
Warrant liabilities 978,353 585,209
Deferred gain from sale-leaseback transactions, less current portion 900,348 761,790
Total long-term liabilities 3,782,285 1,783,038
Total liabilities $ 20,524,486 $ 17,027,575
Commitments and contingencies
Shareholders' equity:    
Preferred stock, no par value: Authorized shares- 1,800,000 Series A convertible preferred- Authorized shares- 900,000 Issued and outstanding shares- 442,968 (liquidation preference of $17,354,908 and $16,690,456, respectively) $ 3,138,056 $ 3,138,056
Common stock, no par value: Authorized shares- 640,000,000 Issued and outstanding shares- 35,747,242 and 35,514,685, respectively 224,873,721 224,210,197
Accumulated deficit (174,701,068) (173,611,586)
Total shareholders' equity 53,310,709 53,736,667
Total liabilities and shareholders' equity $ 73,835,195 $ 70,764,242