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Consolidated Condensed Statements of Cash Flows (Unaudited) - USD ($)
9 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Cash flows from operating activities:    
Net income $ 2,906,901 $ 2,950,882
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 676,324 769,440
Amortization of operating right of use asset 312,826 63,896
Stock compensation expense 320,199 249,733
Bad debt expense 391,667 516,694
Gain on disposal of assets (24,737) 0
Gain on debt extinguishment 0 (1,109,350)
Loss on sale of property and equipment 107,820 0
(Increase) decrease in:    
Accounts receivables 198,430 (1,508,097)
Long-term receivables, prepaids and other assets (414,998) 293,042
(Decrease) increase in:    
Accounts payable 26,210 1,091,304
Operating lease liability (306,798) (63,895)
Accrued liabilities 52,441 549,537
Deferred revenue (213,321) (452,633)
Net cash provided by operating activities 4,032,964 3,350,553
Cash flows from investing activities:    
Sale of property and equipment 1,374,085 0
Purchase of property and equipment (50,823) (105,391)
Net cash provided by (used in) investing activities 1,323,262 (105,391)
Cash flows from financing activities:    
Net (decrease) increase in lines of credit (2,614,133) 1,340,000
Common Stock buyback/retirement (5,212,452) (508,243)
Proceeds from employee stock plan 109,177 114,430
Dividends paid (439,833) (439,833)
Payments on notes payable 0 (920,754)
Net cash used in financing activities (8,157,241) (414,400)
Net (decrease) increase in cash and cash equivalents (2,801,015) 2,830,762
Cash and cash equivalents at beginning of period 24,070,322 20,345,330
Cash and cash equivalents at end of period 21,269,307 23,176,092
Supplemental disclosure of cash flow information:    
Cash paid for income taxes 172,342 55,772
Cash paid for interest 21,607 76,700
Cash paid for operating leases $ 66,871 $ 71,200
Supplemental disclosure of non-cash investing and financing activities:    
Common stock to pay accrued liabilities (in shares) 234,447 214,550
Dividends accrued on preferred stock $ 439,833 $ 439,833