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Statements of Cash Flows - USD ($)
12 Months Ended
Jun. 30, 2020
Jun. 30, 2019
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income $ 42,533 $ 41,012
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization expense 238,838 90,799
Stock based compensation, employee and Board of Directors 44,300 38,015
Loss on assets, due to impairment 17,226 0
Changes in operating assets and liabilities:    
Accounts receivable (14,952) 132,735
Prepaid and other current assets (3,870) 1,570
Inventory and change in inventory reserve (93,667) 4,945
Accounts payable and accrued expenses (40,383) 176,887
Deferred revenue (7,216) (1,304)
Lease liability, operating lease (141,000) 0
Net Cash Provided by Operating Activities 41,809 484,659
CASH FLOWS FROM INVESTING ACTIVITIES    
Purchase of property and equipment (56,488) (26,202)
Cash paid for leasehold improvements of an operating lease asset 0 (78,302)
Net Cash Provided by/ (Used in) Investing Activities (56,488) (104,504)
CASH FLOWS FROM FINANCING ACTIVITIES    
Proceeds from notes payable 149,570 0
Payments on notes payable (25,161) (36,983)
Net Cash Used by Financing Activities 124,409 (36,983)
NET INCREASE IN CASH 109,730 343,172
CASH AT BEGINNING OF YEAR 557,026 213,854
CASH AT END OF YEAR 666,756 557,026
NON-CASH FINANCING ACTIVITIES    
Interest paid 1,223 3,658
Income taxes paid 0 0
SUPPLEMENTAL SCHEDULE OF CASH FLOW ACTIVITIES    
Accrued preferred stock dividends 83,300 100,000
Issuance of stock for stock payable 583 14,017
Preferred stock conversion to common stock 2,000 0
Application of last payment of lease liability prepaid in previous period 0 726
Reclassifications of accrued expense to stock payable 0 7,500
Recognition of operating lease right to use asset and related liability $ 0 $ 735,000