v3.4.0.3
Statements of Operations (Unaudited) - USD ($)
3 Months Ended 9 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Mar. 31, 2016
Mar. 31, 2015
NET SALES $ 936,612 $ 1,190,841 $ 2,865,433 $ 3,571,901
COST OF GOODS SOLD 618,366 851,688 2,081,813 2,688,553
GROSS PROFIT 318,246 339,153 783,620 883,348
EXPENSES        
Research and development 56,839 58,146 166,406 155,636
Sales and marketing 53,639 140,573 219,898 426,778
General and administrative 172,270 189,936 666,910 638,231
Total Expenses 282,748 388,655 1,053,214 1,220,645
INCOME (LOSS) FROM OPERATIONS 35,498 (49,502) (269,594) (337,297)
OTHER (EXPENSE)/INCOME        
Interest expense (870) 0 (2,404) 0
Interest income 28 100 137 466
Total Other (Expense)/Income (842) 100 (2,267) 466
NET INCOME (LOSS) 34,656 (49,402) (271,861) (336,831)
Preferred Stock Dividend (25,000) (25,000) (75,000) (75,000)
NET INCOME (LOSS)ATTRIBUTABLE TO COMMON SHAREHOLDERS $ 9,656 $ (74,402) $ (346,861) $ (411,831)
BASIC INCOME (LOSS)PER SHARE (in Dollars per share) $ 0.00 $ 0.00 $ (0.01) $ (0.01)
WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING (in Shares) 41,951,935 41,524,135 41,770,978 41,469,326
DILUTED INCOME (LOSS)PER SHARE (in Dollars per share) $ 0.00 $ 0.00 $ (0.01) $ (0.01)
WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING (in Shares) 41,951,935 41,524,135 41,770,978 41,469,326