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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
6 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Cash flows from operating activities:    
Net loss $ (3,056,039) $ (2,074,761)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:    
Depreciation and amortization 1,943,000 1,580,882
Interest from amortization of debt costs 0 37,120
Loss on disposal of property and equipment 0 2,742
Stock-based compensation on stock options, RSUs & RSAs, net 551,853 772,145
Provision for doubtful accounts receivable (2,236) (11,421)
Change in operating lease assets and liabilities 80,355 (70,153)
Inventory write-offs to allowance 73,569 2,233
Deferred taxes 9,395 (19,669)
Changes in operating assets and liabilities:    
Trade accounts receivable 1,717,283 364,987
Other current assets (191,381) (149,775)
Inventories 54,461 68,918
Prepaid expenses and deposits 94,619 987
Accounts payable and accrued liabilities (424,310) (1,255,961)
Net cash provided by (used in) operating activities 850,569 (751,726)
Cash flows from investing activities:    
Purchase of property and equipment (1,484,401) (411,551)
Acquisition of Visimid Technologies, net of cash acquired (722,141) 0
Proceeds from sale-leaseback of equipment 364,710 0
Net cash used in investing activities (1,841,832) (411,551)
Cash flows from financing activities:    
Proceeds from sale of common stock from Employee Stock Purchase Plan 19,719 19,870
Borrowings on loans payable 142,853 0
Payments on loans payable (407,510) (405,498)
Repayment of finance lease obligations (58,785) (57,140)
Net cash used in financing activities (303,723) (442,768)
Effect of exchange rate on cash and cash equivalents 32,698 (107,994)
Change in cash, cash equivalents and restricted cash (1,262,288) (1,714,039)
Cash, cash equivalents and restricted cash, beginning of period 7,144,490 5,507,891
Cash, cash equivalents and restricted cash, end of period 5,882,202 3,793,852
Supplemental disclosure of cash flow information:    
Interest paid in cash 110,774 106,394
Income taxes paid 114,953 218,367
Supplemental disclosure of non-cash investing & financing activities:    
Purchase of equipment through finance lease arrangements $ 61,654 $ 83,921