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Consolidated Condensed Statements of Operations and Comprehensive Income (Unaudited) - USD ($)
3 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Revenue $ 5,441,142 $ 5,060,112
Operating expense:    
Cost of revenue and product support 859,219 766,334
Sales and marketing 1,529,100 1,505,501
General and administrative 1,292,551 1,279,323
Depreciation and amortization 280,211 308,945
Total operating expense 3,961,081 3,860,103
Income from operations 1,480,061 1,200,009
Other income (expense):    
Interest income 349,533 258,161
Interest expense (10,172) (6,344)
Unrealized gain (loss) on short term investments (4,267) 27,186
Income before income taxes 1,815,155 1,479,012
(Provision) for income taxes: (150,000) (100,464)
Net income 1,665,155 1,378,548
Dividends on preferred stock (107,882) (146,611)
Net income applicable to common shareholders $ 1,557,273 $ 1,231,937
Weighted average shares, basic (in shares) 18,244,000 18,225,000
Weighted average shares, diluted (in shares) 19,102,000 18,839,000
Basic income per share (in dollars per share) $ 0.09 $ 0.07
Diluted income per share (in dollars per share) $ 0.08 $ 0.07
Comprehensive income:    
Net income $ 1,665,155 $ 1,378,548
Other comprehensive gain:    
Unrealized gain on available-for-sale securities 34,086 0
Total comprehensive income $ 1,699,241 $ 1,378,548