XML 14 R4.htm IDEA: XBRL DOCUMENT v3.24.0.1
Condensed Consolidated Statements of Comprehensive Income (Loss) (Unaudited) - USD ($)
 3 Months Ended 6 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2023
Dec. 31, 2022
Condensed Consolidated Statements of Comprehensive Income (Loss) (Unaudited)        
Revenue, net $ 7,315,637 $ 8,472,679 $ 15,392,885 $ 15,839,580
Cost of sales 5,147,316 5,248,334 10,892,858 10,381,323
Gross margin 2,168,321 3,224,345 4,500,027 5,458,257
Operating expenses:        
Selling, general and administrative 2,858,457 3,030,653 5,519,625 5,668,826
New product development 607,747 466,163 1,247,636 1,016,044
Amortization of intangibles 485,446 281,271 766,717 562,542
Loss on disposal of property and equipment 0 2,742 0 2,742
Total operating expenses 3,951,650 3,780,829 7,533,978 7,250,154
Operating loss (1,783,329) (556,484) (3,033,951) (1,791,897)
Other income (expense):        
Interest expense, net (53,788) (81,241) (111,399) (151,611)
Other income (expense), net 199,512 (1,336) 204,915 25,881
Total other income (expense), net 145,724 (82,577) 93,516 (125,730)
Loss before income taxes (1,637,605) (639,061) (2,940,435) (1,917,627)
Income tax provision 76,058 55,000 115,604 157,134
Net loss (1,713,663) (694,061) (3,056,039) (2,074,761)
Foreign currency translation adjustment 259,973 671,125 134,765 (246,704)
Comprehensive loss $ (1,453,690) $ (22,936) $ (2,921,274) $ (2,321,465)
Loss per common share (basic) $ (0.05) $ (0.03) $ (0.08) $ (0.08)
Number of shares used in per share calculation (basic) 37,501,683 27,172,226 37,466,714 27,121,583
Loss per common share (diluted) $ (0.05) $ (0.03) $ (0.08) $ (0.08)
Number of shares used in per share calculation (diluted) 37,501,683 27,172,226 37,466,714 27,121,583