XML 14 R2.htm IDEA: XBRL DOCUMENT v3.10.0.1
Consolidated Balance Sheets (Unaudited) - USD ($)
Dec. 31, 2018
Jun. 30, 2018
Current assets:    
Cash and cash equivalents $ 3,641,389 $ 5,508,620
Restricted cash 1,000,000 1,000,000
Trade accounts receivable, net of allowance of $21,956 and $13,364 6,218,288 5,370,508
Inventories, net 6,737,050 6,404,741
Other receivables 69,224 46,574
Prepaid expenses and other assets 861,373 1,058,610
Total current assets 18,527,324 19,389,053
Property and equipment, net 12,227,361 11,809,241
Intangible assets, net 8,404,347 9,057,970
Goodwill 5,854,905 5,854,905
Deferred tax assets 1,030,000 624,000
Other assets 357,753 381,945
Total assets 46,401,690 47,117,114
Current liabilities:    
Accounts payable 2,042,290 2,032,834
Accrued liabilities 501,171 685,430
Accrued payroll and benefits 1,306,831 1,228,120
Loans payable, current portion 1,458,800 1,458,800
Capital lease obligation, current portion 390,881 307,199
Total current liabilities 5,699,973 5,712,383
Capital lease obligation, less current portion 710,569 550,127
Deferred rent 349,703 377,364
Loans payable, less current portion 4,401,859 5,119,796
Total liabilities 11,162,104 11,759,670
Stockholders' equity:    
Preferred stock: Series D, $.01 par value, voting; 500,000 shares authorized; none issued and outstanding 0 0
Common stock: Class A, $.01 par value, voting; 44,500,000 shares authorized; 25,789,272 and 25,764,544 shares issued and outstanding 257,893 257,645
Additional paid-in capital 230,097,492 229,874,823
Accumulated other comprehensive income 699,348 473,508
Accumulated deficit (195,815,147) (195,248,532)
Total stockholders' equity 35,239,586 35,357,444
Total liabilities and stockholders' equity $ 46,401,690 $ 47,117,114