XML 16 R7.htm IDEA: XBRL DOCUMENT v3.23.3
CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)
3 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Cash Flows from Operating Activities:    
Net Loss $ (464,415) $ (158,724)
Adjustments to reconcile net loss to net cash used in by operating activities -    
Depreciation and amortization 51,564 52,411
Stock-based compensation expense 108,746 74,990
Non-cash interest expense 4,376 9,412
Changes in operating assets and liabilities -    
Accounts receivable, net (625,719) (750,813)
Inventories, net (194,995) 266,487
Prepaid expenses (112,120) 25,950
Accounts payable (698,603) 151,945
Customer advances 250,293 127,778
Accrued compensation and other 307,884 400,298
Net cash (used in) provided by operating activities (1,372,989) 199,734
Cash Flows from Investing Activities:    
Purchases of fixed assets (30,770) (16,019)
Additional patent costs (12,747) (13,155)
Net cash used in investing activities (43,517) (29,174)
Cash Flows from Financing Activities:    
Payment of capital lease obligation (10,562) (9,950)
Payments of long-term debt (128,315) (92,857)
Net cash used in financing activities (138,876) (102,807)
Net (decrease) increase in cash and cash equivalents (1,555,383) 67,753
Cash and cash equivalents, beginning of period 2,925,852 605,749
Cash and cash equivalents, end of period $ 1,370,469 $ 673,502