XML 18 R4.htm IDEA: XBRL DOCUMENT v3.23.2
Consolidated Statements of Comprehensive Income (Loss) - USD ($)
12 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Consolidated Statements of Comprehensive Income (Loss)    
Revenue, net $ 32,933,949 $ 35,559,160
Cost of sales 21,859,126 23,744,524
Gross margin 11,074,823 11,814,636
Operating expenses:    
Selling, general and administrative 11,437,241 11,221,866
New product development 2,145,413 2,085,686
Amortization of intangibles 1,125,083 1,125,083
(Gain) loss on disposal of property and equipment (78,373) 9,235
Total operating expenses 14,629,364 14,441,870
Operating loss (3,554,541) (2,627,234)
Other income (expense):    
Interest expense, net (283,266) (229,475)
Other income (expense), net 24,970 177,435
Total other income (expense), net (258,296) (52,040)
Loss before income taxes (3,812,837) (2,679,274)
Income tax provision 234,034 862,907
Net loss (4,046,871) (3,542,181)
Foreign currency translation adjustment (328,589) (1,181,027)
Comprehensive loss $ (4,375,460) $ (4,723,208)
Loss per common share (basic) $ (0.13) $ (0.13)
Number of shares used in per share calculation (basic) 31,637,445 27,019,534
Loss per common share (diluted) $ (0.13) $ (0.13)
Number of shares used in per share calculation (diluted) 31,637,445 27,019,534