v3.22.0.1
Balance Sheets - USD ($)
Dec. 31, 2021
Jun. 30, 2021
CURRENT ASSETS    
Cash $ 542,857 $ 516,192
Accounts receivable 292,161 728,315
Current inventory - net 905,562 659,333
Prepaid and other current assets 149,144 94,483
Total Current Assets 1,889,724 1,998,323
RIGHT TO USE LEASE ASSETS, OPERATING, NET 466,104 544,070
PROPERTY AND EQUIPMENT    
Molds and models 583,611 583,611
Equipment 3,094,067 2,910,018
Furniture and fixtures 73,423 73,423
Software 233,528 233,528
Less - accumulated depreciation (3,719,968) (3,690,515)
Property and Equipment - net 264,661 110,065
OTHER ASSETS    
Patents and trademarks - net 66,221 75,977
Non-current inventory 185,672 163,289
Deposits 11,000 11,000
Total Other Assets 262,893 250,266
TOTAL ASSETS 2,883,382 2,902,724
CURRENT LIABILITIES    
Accounts payable and accrued expenses 681,427 767,193
Current portion of long-term debt 2,000 2,000
Current portion of lease liability 148,500 147,600
Deferred revenue 20,124 25,892
Total Current Liabilities 852,051 942,685
Long-term debt 60,878 61,326
Long-term lease liability 225,900 300,600
TOTAL LIABILITIES 1,138,829 1,304,611
STOCKHOLDERS’ EQUITY    
Common Stock: 100,000,000 shares authorized of $0.001 par value, 73,047,868 and 74,667,868 shares issued and outstanding, respectively 74,668 73,048
Additional paid-in capital 62,866,097 62,805,404
Accumulated deficit (61,196,212) (61,280,339)
Total Stockholders’ Equity 1,744,553 1,598,113
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 2,883,382 $ 2,902,724