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Balance Sheets - USD ($)
Jun. 30, 2021
Jun. 30, 2020
CURRENT ASSETS    
Cash $ 516,192 $ 666,756
Accounts receivable 728,315 292,642
Current inventory – net 659,333 493,892
Prepaid and other current assets 94,483 86,467
Total Current Assets 1,998,323 1,539,757
RIGHT TO USE LEASE ASSETS, OPERATING, NET 544,070 692,007
PROPERTY AND EQUIPMENT    
Molds and models 583,611 583,611
Equipment 2,910,018 3,037,474
Furniture and fixtures 73,423 73,423
Software 233,528 247,610
Less – accumulated depreciation (3,690,515) (3,816,004)
Total Property and Equipment - net 110,065 126,114
OTHER ASSETS    
Patents and trademarks – net 75,977 92,905
Non-current inventory 163,289 300,778
Deposits 11,000 11,000
Total Other Assets 250,266 404,683
TOTAL ASSETS 2,902,724 2,762,561
CURRENT LIABILITIES    
Accounts payable and accrued expenses 767,193 691,962
Current portion of long-term debt 2,000 59,440
Current portion of lease liability 147,600 145,800
Deferred revenue 25,892 12,192
Total Current Liabilities 942,685 909,394
Long-term debt, net of current portion 61,326 153,996
Long-term lease liability, net of current portion 300,600 448,200
TOTAL LIABILITIES 1,304,611 1,511,590
COMMITMENTS AND CONTINGENCIES
STOCKHOLDERS’ EQUITY    
Common stock: 100,000,000 shares authorized of $0.001 par value, 73,047,868 and 70,172,868 shares issued and outstanding, respectively 73,048 70,173
Additional paid-in capital 62,805,404 62,719,473
Accumulated deficit (61,280,339) (61,538,675)
Total Stockholders’ Equity 1,598,113 1,250,971
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 2,902,724 $ 2,762,561