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Consolidated Statements of Comprehensive Income (unaudited) - USD ($)
3 Months Ended 9 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Mar. 31, 2017
Mar. 31, 2016
Consolidated Statements Of Comprehensive Income        
Sales, net $ 8,490,042 $ 4,111,973 $ 19,360,109 $ 12,538,634
Cost of sales 4,267,318 1,887,146 9,007,180 5,702,239
Gross margin 4,222,724 2,224,827 10,352,929 6,836,395
Operating expenses:        
Selling, general and administrative 2,329,762 1,812,205 6,190,705 4,822,118
New product development 308,394 164,990 853,939 481,403
Amortization of intangibles 304,809   304,809  
Loss on disposal of property and equipment   34,189   46,065
Total costs and expenses 2,942,965 2,011,384 7,349,453 5,349,586
Operating income 1,279,759 213,443 3,003,476 1,486,809
Other income (expense)        
Interest expense (154,639) (8,287) (167,832) (30,100)
Interest expense - debt costs (38,338)   (38,338)  
Change in fair value of warrant liability (748,169) 661,854 (457,784) (25,211)
Other income (expense) 27,985 35,718 (228,935) (217,296)
Total other income (expense), net (913,161) 689,285 (892,889) (272,607)
Net income before income taxes 366,598 902,728 2,110,587 1,214,202
Income taxes 265,774 126,970 771,600 131,054
Net income 100,824 775,758 1,338,987 1,083,148
Foreign currency translation adjustment 38,636 26,258 113,818 47,181
Comprehensive income $ 139,460 $ 802,016 $ 1,452,805 $ 1,130,329
Earnings (loss) per common share (basic) $ 0.00 $ 0.05 $ 0.07 $ 0.07
Number of shares used in per share calculation (basic) 23,818,136 15,530,574 18,621,072 15,339,337
Earnings (loss) per common share (diluted) $ 0.00 $ 0.04 $ 0.07 $ 0.06
Number of shares used in per share calculation (diluted) 25,628,703 17,404,152 20,145,976 16,843,880