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Consolidated Statements of Comprehensive Income (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2017
Dec. 31, 2016
Consolidated Statements Of Comprehensive Income        
Revenues, net $ 8,361,373 $ 5,869,837 $ 15,933,466 $ 10,870,066
Cost of sales 4,849,657 2,573,380 9,132,413 4,739,861
Gross margin 3,511,716 3,296,457 6,801,053 6,130,205
Operating expenses:        
Selling, general and administrative 2,294,177 1,695,881 4,692,417 3,860,943
New product development 413,081 267,527 794,469 545,545
Amortization of intangibles 329,271   658,542  
Loss on disposal of property and equipment 3,315   3,315  
Total costs and expenses 3,039,844 1,963,408 6,148,743 4,406,488
Operating income 471,872 1,333,049 652,310 1,723,717
Other income (expense):        
Interest expense (147,371) (6,252) (315,781) (13,193)
Interest expense - debt costs (46,376)   (79,227)  
Change in fair value of warrant liability (243,012) 246,885 (194,632) 290,385
Other income (expense), net 194,729 (235,389) 442,852 (256,920)
Total other income (expense), net (242,030) 5,244 (146,788) 20,272
Income before income taxes 229,842 1,338,293 505,522 1,743,989
Provision for income taxes (193,508) 240,626 (135,524) 505,826
Net income 423,350 1,097,667 641,046 1,238,163
Foreign currency translation adjustment 69,262 43,629 123,409 75,182
Comprehensive income $ 492,612 $ 1,141,296 $ 764,455 $ 1,313,345
Earnings per common share (basic) $ 0.02 $ 0.07 $ 0.03 $ 0.08
Number of shares used in per share calculation (basic) 24,525,839 16,541,205 24,380,448 16,079,030
Earnings per common share (diluted) $ 0.02 $ 0.06 $ 0.02 $ 0.07
Number of shares used in per share calculation (diluted) 26,437,359 17,902,712 26,326,759 17,523,735