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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables) | 12 Months Ended
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Jun. 30, 2022
Accounting Policies [Abstract] |
Segment information by geographic areas |
Segment information by geographic areas |  |  |  |  |  |  |  |
|  | Fiscal Year Ended June 30, |
Net sales: |  | 2022 |  |  | 2021 |
North America |  | $ | 23,305,366 |  |  | $ | 183,771,146 |
Caribbean and South America |  |  | 2,375 |  |  |  | 17,500 |
Asia |  |  | 690,021 |  |  |  | 326,699 |
Totals |  | $ | 23,997,762 |  |  | $ | 184,115,345 |
Long lived assets by geographic area |
Long lived assets by geographic area |  |  |  |  |  |  |  |
Long-lived assets, net (property and equipment and intangible assets): |  | June 30, 2022 |  |  | June 30, 2021 |
United States |  | $ | 1,374,747 |  |  | $ | 1,349,320 |
Asia |  |  | 81,261 |  |  |  | 49,040 |
Totals |  | $ | 1,456,008 |  |  | $ | 1,398,360 |
Schedule of receivables |
Schedule of receivables |  |  |  |  |  |
|  | June 30, 2022 |  |  | June 30, 2021 |
Accounts Receivable |  | $ | 1,322,619 |  |  | $ | 2,542,429 |
Schedule of contract liabilities |
Schedule of contract liabilities |  |  |  |  |  |
|  | June 30, 2022 |  |  | June 30, 2021 |
Undelivered products |  | $ | 371,624 |  |  | $ | 140,000 |
Useful lives of property and equipment |
Useful lives of property and equipment |  |
Machinery |  | 6 years
Office equipment |  | 5 years
Molds |  | 3 years
Vehicles |  | 5 years
Computers and software |  | 5 years
Furniture and fixtures |  | 7 years
Facilities improvements |  | 5 years or life of the lease, whichever is shorter
Intangible Assets |
Intangible Assets |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Definite lived intangible assets: |  | Expected Life |  | Average Remaining life |  | Gross Intangible Assets |  |  | Less Accumulated Amortization |  |  | Net Intangible Assets |
Complete technology |  | 3 years |  | – |  |  | 18,397 |  |  |  | 18,397 |  |  |  | – |
Technology in progress |  | Not Applicable |  | – |  |  | 187,343 |  |  |  | – |  |  |  | 187,343 |
Software |  | 5 years |  | 2.0 years |  |  | 423,147 |  |  |  | 314,855 |  |  |  | 108,292 |
Patents |  | 10 years |  | 2.5 years |  |  | 21,543 |  |  |  | 15,122 |  |  |  | 6,421 |
Certifications & licenses |  | 3 years |  | 1.1 years |  |  | 2,144,359 |  |  |  | 1,096,359 |  |  |  | 1,048,000 |
Total as of June 30, 2022 |  |  |  |  |  | $ | 2,794,789 |  |  |  | 1,444,733 |  |  |  | 1,350,056 |
The definite lived intangible assets consisted of the following as of June 30, 2021:
Definite lived intangible assets: |  | Expected Life |  | Average Remaining life |  | Gross Intangible Assets |  |  | Less Accumulated Amortization |  |  | Net Intangible Assets |
Complete technology |  | 3 years |  | 0.5 years |  |  | 18,397 |  |  |  | 15,331 |  |  |  | 3,066 |
Technology in progress |  | Not Applicable |  | – |  |  | 602,388 |  |  |  | – |  |  |  | 602,388 |
Software |  | 5 years |  | 3.0 years |  |  | 399,811 |  |  |  | 268,495 |  |  |  | 131,316 |
Patents |  | 10 years |  | 3.9 years |  |  | 21,105 |  |  |  | 12,951 |  |  |  | 8,154 |
Certifications & licenses |  | 3 years |  | 1.6 years |  |  | 1,070,770 |  |  |  | 568,944 |  |  |  | 501,826 |
Total as of June 30, 2021 |  |  |  |  |  | $ | 2,112,471 |  |  | $ | 865,721 |  |  | $ | 1,246,750 |
Schedule of Expected Amortization Expense |
Schedule of Expected Amortization Expense |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  | FY2023 |  |  | FY2024 |  |  | FY2025 |  |  | FY2026 |  |  | FY2027 |  |  | Thereafter |
Total |  | $ | 557,856 |  |  | $ | 381,973 |  |  | $ | 181,342 |  |  | $ | 14,042 |  |  | $ | 10,000 |  |  | $ | 17,500 |

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- Definition Tabular disclosure of the names of foreign countries in which material long-lived assets other than financial instruments, long-term customer relationships of a financial institution, mortgage and other servicing rights, deferred policy acquisition costs, and deferred tax assets are located, and amount of such long-lived assets located in that country or foreign geographic area. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -Subparagraph (b) -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e9038-108599 + Details
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