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Consolidated Statements of Cash Flows - USD ($)
12 Months Ended
Jun. 30, 2016
Jun. 30, 2015
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income $ 2,176,194 $ 1,053,898
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation 169,928 237,005
Amortization of intangible assets 797,797 1,223,692
Reserve for obsolete inventory 90,917 120,867
Deferred tax (benefit) 48,513 (26,645)
Share-based compensation (50,000) 60,484
Gain from debt extinguishment (10,222) (414,480)
Gain on sale of vehicle (8,000) (4,386)
Increase (decrease) in cash due to change in:    
Accounts receivable (6,775,723) 114,484
Inventories (94,504) (435,144)
Prepaid expenses and other current assets 48,501 130,880
Prepaid income taxes 1,024,922 800
Advance payments to vendor 53,939 (16,212)
Other assets (6,215) (22,450)
Accounts payable 5,924,272 1,867,779
Advance payments from customers (691,416) 373,429
Accrued liabilities 8,683 (78,679)
Net cash provided by operating activities 2,707,586 4,185,322
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchases of property and equipment (173,200) (53,032)
Payments for capitalized development costs (686,291) (89,145)
Purchases of intangible assets (196,112) (51,012)
Proceeds from the sale of fixed assets 8,000 4,386
Receipt of loan repayments from an employee 0 7,128
Net cash used in investing activities (1,047,603) (181,675)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Repurchase of common stock (234,000) 0
Issuance of stock related to stock options exercised 39,851 0
Principal repayment of short-term borrowings (148,295) 0
Net cash used in financing activities (342,444) 0
Effect of foreign currency translation 16,595 (421,622)
Net increase in cash and cash equivalents 1,334,134 3,582,025
Cash and cash equivalents, beginning of year 11,822,620 8,240,595
Cash and cash equivalents, end of year 13,156,754 11,822,620
Cash received (paid) during the years for:    
Interest paid 10,301 (5,552)
Income taxes 1,039,381 63,000
Disposal of fully depreciated property and equipment $ 17,423 $ 0