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Consolidated Condensed Statements of Operations and Comprehensive Income (Unaudited) - USD ($)
3 Months Ended 9 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Mar. 31, 2025
Mar. 31, 2024
Revenue $ 5,913,732 $ 5,084,866 $ 16,845,782 $ 15,270,729
Operating expense:        
Cost of revenue and product support 911,693 831,912 2,773,468 2,571,533
Sales and marketing 1,408,861 1,349,838 4,392,997 4,119,716
General and administrative 1,455,602 1,352,197 4,124,706 3,978,798
Depreciation and amortization 328,723 288,576 913,646 897,479
Total operating expense 4,104,879 3,822,523 12,204,817 11,567,526
Income from operations 1,808,853 1,262,343 4,640,965 3,703,203
Other income (expense):        
Interest income 326,388 350,691 1,030,554 925,297
Interest expense (12,817) (8,036) (35,022) (21,956)
Unrealized gain (loss) on short term investments (6,705) 5,429 (2,438) 48,071
Income before income taxes 2,115,719 1,610,427 5,634,059 4,654,615
(Provision) for income taxes: (149,931) (60,000) (452,036) (274,491)
Net income 1,965,788 1,550,427 5,182,023 4,380,124
Dividends on preferred stock (85,725) (134,345) (289,223) (427,567)
Net income applicable to common shareholders $ 1,880,063 $ 1,416,082 $ 4,892,800 $ 3,952,557
Weighted average shares, basic (in shares) 18,254,000 18,194,000 18,249,000 18,194,000
Weighted average shares, diluted (in shares) 19,143,000 18,954,000 19,122,000 18,874,000
Basic income per share (in dollars per share) $ 0.1 $ 0.08 $ 0.27 $ 0.22
Diluted income per share (in dollars per share) $ 0.1 $ 0.08 $ 0.26 $ 0.21
Comprehensive income:        
Net income $ 1,965,788 $ 1,550,427 $ 5,182,023 $ 4,380,124
Other comprehensive gain:        
Unrealized gain (loss) on available-for-sale securities (3,759) (25,102) 15,110 (31,006)
Total comprehensive income $ 1,962,029 $ 1,525,325 $ 5,197,133 $ 4,349,118