Procyon (PCYN) 10-Q 19 Nov 20 2021 Q1 Quarterly report Financial data

Document And Entity Information

Document And Entity Information - shares	3 Months Ended
	Sep. 30, 2020	Nov. 16, 2020
Document Information [Line Items]
Entity Registrant Name	PROCYON CORP
Entity Central Index Key	0000812306
Current Fiscal Year End Date	--06-30
Entity Filer Category	Non-accelerated Filer
Entity Current Reporting Status	Yes
Entity Emerging Growth Company	false
Entity Small Business	true
Entity Interactive Data Current	Yes
Entity Common Stock, Shares Outstanding (in shares)		8,087,388
Entity Shell Company	false
Document Type	10-Q
Document Period End Date	Sep. 30, 2020
Document Fiscal Year Focus	2021
Document Fiscal Period Focus	Q1
Amendment Flag	false

Consolidated Balance Sheets (Cu

Consolidated Balance Sheets (Current Period Unaudited) - USD ($)	Sep. 30, 2020	Jun. 30, 2020
CURRENT ASSETS
Cash	$ 673,683	$ 665,834
Certificates of Deposit, plus accrued interest	155,275	155,132
Accounts Receivable, less allowance for doubtfull accounts of $9,408 and $9,408 respectively.	473,668	311,043
Inventories	472,179	758,516
Prepaid Expenses	241,443	183,138
TOTAL CURRENT ASSETS	2,016,248	2,073,663
PROPERTY AND EQUIPMENT, NET	448,228	452,855
OTHER ASSETS
Deposits	4,192	4,192
Inventories	265,196	83,812
Intangible Asset	17,000	17,000
ROU Assets - Operating Leases	53,279	30,245
Deferred Tax Asset, Net of Valuation Allowance of $87,981 and $144,620, respectively	162,138	159,874
Assets, Noncurrent, Excluding Property, Plant and Equipment	501,805	295,123
TOTAL ASSETS	2,966,281	2,821,641
CURRENT LIABILITIES
Accounts Payable	71,707	167,459
Lease Liability, Current	27,442
PPP Loan	57,028	57,028
Accrued Expenses	255,159	289,466
TOTAL CURRENT LIABILITIES	411,336	513,953
LONG TERM LIABILITIES
Lease Liability - Long Term	28,161
PPP Loan	143,972	143,972
TOTAL LONG TERM LIABILITIES	172,133	143,972
TOTAL LIABILITIES	583,469	657,925
COMMITMENTS AND CONTINGENCIES
STOCKHOLDERS' EQUITY
Preferred Stock
Common Stock, no par value, 80,000,000 shares authorized; 8,087,388 shares issued and outstanding.	4,444,766	4,444,766
Paid-in Capital	15,885	15,885
Accumulated Deficit	(2,204,699)	(2,423,795)
TOTAL STOCKHOLDERS' EQUITY	2,382,812	2,163,716
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	2,966,281	2,821,641
Contingent Convertible Preferred Stock [Member]
STOCKHOLDERS' EQUITY
Preferred Stock	$ 126,860	$ 126,860

Consolidated Balance Sheets (_2

Consolidated Balance Sheets (Current Period Unaudited) (Parentheticals) - USD ($) $ / shares in Thousands	Sep. 30, 2020	Jun. 30, 2020
Accounts Receivable, allowance for doubtful accounts	$ 9,408	$ 9,408
Valuation allowance	$ 87,981	$ 144,619
Preferred stock, authorized (in shares)	496,000,000	496,000,000
Preferred stock, issued (in shares)	0	0
Common stock, par value (in dollars per share)	$ 0	$ 0
Common stock, authorized (in shares)	80,000,000	80,000,000
Common stock, issued (in shares)	8,087,388	8,087,388
Common stock, outstanding (in shares)	8,087,388	8,087,388
Contingent Convertible Preferred Stock [Member]
Preferred stock, authorized (in shares)	4,000,000	4,000,000
Preferred stock, issued (in shares)	167,100	167,100
Preferred stock, par value (in dollars per share)	$ 0	$ 0
Preferred stock, outstanding (in shares)	167,100	167,100

Consolidated Statements of Oper

Consolidated Statements of Operations (Unaudited) - USD ($)	3 Months Ended
	Sep. 30, 2020	Sep. 30, 2019
NET SALES	$ 1,246,243	$ 1,183,297
COST OF SALES	334,320	320,437
GROSS PROFIT	911,923	862,860
OPERATING EXPENSES
Salaries and Benefits	412,254	393,189
Selling, General and Administrative	283,120	354,642
Operating Costs and Expenses, Total	695,374	747,831
INCOME FROM OPERATIONS	216,549	115,029
OTHER INCOME
Interest Income	283	391
Nonoperating Income (Expense), Total	283	391
INCOME BEFORE INCOME TAXES	216,832	115,420
INCOME TAX (EXPENSE)	2,264	(31,580)
NET INCOME	219,096	83,840
Dividend requirements on preferred stock	(4,177)	(4,177)
Basic net income available to common shares	$ 214,919	$ 79,663
Basic net income per common share (in dollars per share)	$ 0.03	$ 0.01
Weighted average number of common shares outstanding (in shares)	8,087,388	8,087,388
Diluted net income per common share (in dollars per share)	$ 0.03	$ 0.01
Weighted average number of common shares outstanding, diluted (in shares)	8,319,488	8,319,488

Consolidated Statements of Chan

Consolidated Statements of Changes in Stockholders' Equity (Unaudited) - USD ($)	Cumulative Effect, Period of Adoption, Adjustment [Member]Preferred Stock [Member]Convertible Preferred Stock [Member]	Cumulative Effect, Period of Adoption, Adjustment [Member]Common Stock [Member]	Cumulative Effect, Period of Adoption, Adjustment [Member]Additional Paid-in Capital [Member]	Cumulative Effect, Period of Adoption, Adjustment [Member]Retained Earnings, Appropriated [Member]	Cumulative Effect, Period of Adoption, Adjustment [Member]	Preferred Stock [Member]Convertible Preferred Stock [Member]	Common Stock [Member]	Additional Paid-in Capital [Member]	Retained Earnings, Appropriated [Member]	Total
Balance (in shares) at Jun. 30, 2019						167,100	8,087,388
Balance (Accounting Standards Update 2016-02 [Member]) at Jun. 30, 2019				$ (6,938)	$ (6,938)
Balance at Jun. 30, 2019						$ 126,860	$ 4,444,766	$ 15,885	$ (2,528,514)	$ 2,058,997
Net Income									83,840	83,840
Balance (in shares) at Jun. 30, 2020						167,100	8,087,388
Balance at Jun. 30, 2020						$ 126,860	$ 4,444,766	15,885	(2,423,795)	2,163,716
Net Income									$ 219,096	$ 219,096

Statement of Stockholders Equit

Statement of Stockholders Equity - USD ($)	Preferred Stock [Member]Convertible Preferred Stock [Member]	Common Stock [Member]	Additional Paid-in Capital [Member]	Retained Earnings, Appropriated [Member]	Total
Balance (in shares) at Jun. 30, 2019	167,100	8,087,388
Balance at Jun. 30, 2019	$ 126,860	$ 4,444,766	$ 15,885	$ (2,528,514)	$ 2,058,997
Net Income				83,840	83,840
Balance (in shares) at Sep. 30, 2019	167,100	8,087,388
Balance at Sep. 30, 2019	$ 126,860	$ 4,444,766	15,885	(2,451,612)	2,135,899
Balance (in shares) at Jun. 30, 2020	167,100	8,087,388
Balance at Jun. 30, 2020	$ 126,860	$ 4,444,766	15,885	(2,423,795)	2,163,716
Net Income				219,096	219,096
Balance (in shares) at Sep. 30, 2020	167,100	8,087,388
Balance at Sep. 30, 2020	$ 126,860	$ 4,444,766	$ 15,885	$ (2,204,699)	$ 2,382,812

Consolidated Statements of Cash

Consolidated Statements of Cash Flows (Unaudited) - USD ($)	3 Months Ended		9 Months Ended		15 Months Ended
	Sep. 30, 2020	Sep. 30, 2019	Sep. 30, 2020	Sep. 30, 2019	Sep. 30, 2020
CASH FLOWS FROM OPERATING ACTIVITIES
Net Income	$ 219,096	$ 83,840	$ 219,096	$ 83,840
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation			11,413	13,803
Right of Use Asset Amortization			11,764	10,635	$ 55,237
Deferred Income Taxes			54,375	31,580
Valuation Allowance			(56,639)
Accrued Interest on Certificates of Deposit			(143)	(78)
Decrease (increase) in:
Accounts Receivable			(162,625)	(99,154)
Inventory			104,953	47,502
Prepaid Expenses			(58,305)	(22,572)
ROU Asset	(34,798)		(34,798)
Increase (decrease) in:
Accounts Payable			(95,752)	(31,183)
Accrued Expenses			(34,307)	(21,032)
NET CASH (USED IN) / PROVIDED BY OPERATING ACTIVITIES			(40,968)	13,341
CASH FLOW FROM INVESTING ACTIVITIES
Purchase of property & equipment			(6,786)	(3,666)
NET CASH (USED IN) INVESTING ACTIVITIES			(6,786)	(3,666)
CASH FLOW FROM FINANCING ACTIVITIES
Increase in Operating Lease Liability			55,603	(11,381)
NET CASH PROVIDED BY / (USED IN) FINANCING ACTIVITIES			55,603	(11,381)
NET CHANGE IN CASH			7,849	(1,706)
CASH AT BEGINNING OF PERIOD			665,834	290,287
CASH AT END OF PERIOD	$ 673,683	$ 288,581	673,683	288,581	$ 673,683
SUPPLEMENTAL DISCLOSURES
Interest Paid
Taxes Paid

Noncash Disclosure

Noncash Disclosure	3 Months Ended
	Sep. 30, 2020
Notes to Financial Statements
Cash Flow, Supplemental Disclosures [Text Block]	NONCASH DISCLOSURE During the quarter ended September 30, 2019, $73,719 $80,659. $6,938 July 1, 2019 842. During the quarter ended September 30, 2020, $ 34,798

Note A - Summary of Significant

Note A - Summary of Significant Accounting Policies	3 Months Ended
	Sep. 30, 2020
Notes to Financial Statements
Significant Accounting Policies [Text Block]	NOTE A - SUMMARY OF ACCOUNTING POLICIES The interim consolidated financial statements included herein have been prepared by the Company without audit, pursuant to the rules and regulations of the Securities and Exchange Commission. Certain information and footnote disclosures normally included in the financial statements prepared in accordance with generally accepted accounting principles ("GAAP") have been condensed or omitted as allowed by such rules and regulations. The Company believes that the disclosures are adequate to make the information presented not June 30, 2020. not may Management of the Company has prepared the accompanying unaudited condensed consolidated financial statements prepared in conformity with generally accepted accounting principles, which require the use of management estimates, contain all adjustments (including normal recurring adjustments) necessary to present fairly the operations and cash flows for the period presented and to make the financial statements not STOCK-BASED COMPENSATION Stock based compensation is accounted for in accordance with Topic 718 718, 718 December 2009, On September 30, 2020, 65,000 2009 The fair value of a stock option is determined using the Black-Scholes option-pricing model, which values options based on the stock price at the grant date, the expected life of the option, the estimated volatility of the stock, the expected dividend payments, and the risk-free interest rate over the life of the option. There were no September 30, 2020. The Black-Scholes option valuation model was developed for estimating the fair value of traded options that have no not not EARNINGS PER SHARE Basic earnings per share (EPS) is computed by dividing income available to common stockholders by the weighted-average number of common shares outstanding for the period. Diluted EPS reflects the potential dilution that would occur if dilutive securities such as stock options and other contracts to issue Common Stock were exercised or converted into Common Stock or resulted in the issuance of Common Stock that then shared in earnings. We use the treasury stock method to compute potential common shares from stock options and the as-if-converted method to compute potential common shares from Preferred Stock. For the three September 30, 2020, 2019,

Note B - Inventories

Note B - Inventories	3 Months Ended
	Sep. 30, 2020
Notes to Financial Statements
Inventory Disclosure [Text Block]	NOTE B - INVENTORIES Inventories consisted of the following: September 30, 2020 June 30, 2020 Finished Goods $ 643,060 $ 645,039 Raw Materials 94,315 197,289 $ 737,375 $ 842,328 At September 30, 2020 June 30, 2020, $265,196 $83,812 not one

Note C - Stockholders' Equity

Note C - Stockholders' Equity	3 Months Ended
	Sep. 30, 2020
Notes to Financial Statements
Stockholders' Equity Note Disclosure [Text Block]	NOTE C - STOCKHOLDERS' EQUITY During January 1995, 4,000,000 $.10 September 30, 2020, no $391,483 September 30, 2020. Holders of the Preferred Stock have the right to convert their shares of Preferred Stock into an equal number of shares of Common Stock of the Company. In addition, Preferred Stock holders have the right to vote the number of shares into which their shares are convertible into Common Stock. Such preferred shares will automatically convert into one $1,000,000, $1 no

Note D - Income Taxes and Avail

Note D - Income Taxes and Available Carryforward	3 Months Ended
	Sep. 30, 2020
Notes to Financial Statements
Income Tax Disclosure [Text Block]	NOTE D - INCOME TAXES AND AVAILABLE CARRYFORWARD As of September 30, 2020, $913,000. 2035. 382 The components of the provision for income tax (expense) attributable to continuing operations are as follows: Three Months 9/30/2020 Three Months 9/30/2019 Current Federal $ 0 $ 0 State 0 0 $ 0 $ 0 Deferred Federal $ 1,876 $ (26,166 ) State 388 (5,414 ) $ 2,264 $ (31,580 ) Total Income Tax Benefit / (Expense) $ 2,264 $ (31,580 ) Deferred income taxes reflect the net tax effects of the temporary differences between the carrying amounts of assets and liabilities for financial reporting purposes and the amounts used for income tax purposes. Significant components of the Company's deferred tax assets and liabilities are as follows: Non-Current Deferred tax assets NOL and contribution carryforwards $ 231,456 Accrued compensated absences 7,881 Accrued bonus 13,115 Allowance for doubtful accounts 2,384 Total deferred tax assets 254,836 Deferred tax (liabilities) Excess of tax over book depreciation (4,717 ) Total deferred tax (liabilities) (4,717 ) Total deferred tax asset 250,119 Valuation Allowance (87,981 ) Net Deferred Tax Asset $ 162,138 The change in the valuation allowance is as follows: June 30, 2020 $ (144,619 ) September 30, 2020 $ (87,981 ) $ 56,638 Management believes it is more likely than not $913,000 not $87,981 Income taxes for the three September 30, 2020 2019 25.35%, Three Months September 30, 2020 Three Months September 30, 2019 Expected (provision) at US statutory rate $ (45,535 ) $ (24,156 ) State income tax net of federal (provision) (9,421 ) (4,998 ) Nondeductible Expense (952 ) (1,936 ) Change in estimates of loss carryforward 1,534 (490 ) Change in valuation allowance 56,638 - Income Tax (Expense) $ 2,264 $ (31,580 ) The earliest tax year still subject to examination by a major taxing jurisdiction is fiscal year end June 30, 2017. The Company performed a review of its uncertain tax positions in accordance with Accounting Standards Codification ASC 740 10 not no no During the year ended June 30, 2020, $201,000 19 2020 32, In addition, the Small Business Administration continues to revise its rules under the program in consultation with the Department of Treasury. Lenders also have urged Congress to take additional actions regarding the program to allow for additional funding and streamlining the forgiveness process for loans under certain amount. As a result of the opposition from businesses on the IRS Notice and the continually changing landscape of the program, the Company considered the expenses that qualify for loan forgiveness as deductible expenses when accounting for its tax provision for the year ended June 30, 2020.

Note E - Line of Credit

Note E - Line of Credit	3 Months Ended
	Sep. 30, 2020
Notes to Financial Statements
Debt Disclosure [Text Block]	NOTE E - LINE OF CREDIT In fiscal 2019, $250,000 October 9, 2020, September 30, 2020, $0

Note F - Paycheck Protection Pr

Note F - Paycheck Protection Program Loan	3 Months Ended
	Sep. 30, 2020
PPP Loan [Member]
Notes to Financial Statements
Unusual or Infrequent Items, or Both, Disclosure [Text Block]	NOTE F - PAYCHECK PROTECTION PROGRAM LOAN The Company applied for a loan with the Small Business Administration (the "SBA") Paycheck Protection Program ("PPP") of the Coronavirus Aid, Relief and Economic Security Act of 2020 $201,000 April 13, 2020. The Loan, which is evidenced by a promissory note (the "Note"), has a two April 13, 2022, 1.00% seven not may The Loan may eight April 13, 2020. Principal payments of $57,028 $143,972 June 30, 2021 2022,

Note G - Recent Accounting Pron

Note G - Recent Accounting Pronouncements	3 Months Ended
	Sep. 30, 2020
Notes to Financial Statements
Accounting Standards Update and Change in Accounting Principle [Text Block]	NOTE G - RECENT ACCOUNTING PRONOUNCEMENTS On June 16, 2016, 2016 13, 326 2019 10 November 2019. December 15, 2019, December 15, 2018. not Other recent accounting pronouncements issued by the FASB, the AICPA and the SEC did not not

Note H - Right-of-Use Assets an

Note H - Right-of-Use Assets and Lease Liabilities	3 Months Ended
	Sep. 30, 2020
Notes to Financial Statements
Lessee, Operating Leases [Text Block]	NOTE H - RIGHT-OF-USE ASSETS AND LEASE LIABILITIES Operating leases In June 2015, 63 one not $1,079 no 3%. 842, 63 5.5% September 2020. September 30, 2020. In February 2018, 39 no first three $2,936 12 $3,024 8 $3,019 4 $3,109 12 842, 39 5.5% In August 2020, 63 not $574 842, 63 4.25% The following is information related to the Company's right-of-use assets and liabilities for its operating leases: ROU assets - operating leases obtained in exchange for lease liabilities - operating leases $ 108,516 Amortization of ROU assets since lease inception $ (55,237 ) ROU assets - operating leases at September 30, 2020 $ 53,279 Lease liabilities - operating leases on adoption date and increase in lease liability $ 115,456 Payments on lease liabilities (59,853 ) Lease liabilities - operating leases on September 30, 2020 55,603 Lease liabilities - operating leases due in the 12 months ending September 30, 2020 27,442 Lease liabilities - operating leases due in the 12 months ending September 30, 2021 $ 28,161 Variable lease expense was $12,282 $11,666 three September 30, 2020 2019, Weighted average remaining lease term was 3.4 4.7% September 30, 2020.

Note I - Contingency

Note I - Contingency	3 Months Ended
	Sep. 30, 2020
Notes to Financial Statements
Commitments and Contingencies Disclosure [Text Block]	NOTE I - CONTINGENCY At the time of release of these financial statements, the United States is experiencing a National Emergency related to persistent health issues. Management is unable to quantify the potential duration and economic impact of mandated closures by our National, State or Local governments.

Note J - Subsequent Events

Note J - Subsequent Events	3 Months Ended
	Sep. 30, 2020
Notes to Financial Statements
Subsequent Events [Text Block]	NOTE J - SUBSEQUENT EVENTS We have evaluated subsequent events through November 16, 2020,

Significant Accounting Policies

Significant Accounting Policies (Policies)	3 Months Ended
	Sep. 30, 2020
Accounting Policies [Abstract]
Share-based Payment Arrangement [Policy Text Block]	STOCK-BASED COMPENSATION Stock based compensation is accounted for in accordance with Topic 718 718, 718 December 2009, On September 30, 2020, 65,000 2009 The fair value of a stock option is determined using the Black-Scholes option-pricing model, which values options based on the stock price at the grant date, the expected life of the option, the estimated volatility of the stock, the expected dividend payments, and the risk-free interest rate over the life of the option. There were no September 30, 2020. The Black-Scholes option valuation model was developed for estimating the fair value of traded options that have no not not
Earnings Per Share, Policy [Policy Text Block]	EARNINGS PER SHARE Basic earnings per share (EPS) is computed by dividing income available to common stockholders by the weighted-average number of common shares outstanding for the period. Diluted EPS reflects the potential dilution that would occur if dilutive securities such as stock options and other contracts to issue Common Stock were exercised or converted into Common Stock or resulted in the issuance of Common Stock that then shared in earnings. We use the treasury stock method to compute potential common shares from stock options and the as-if-converted method to compute potential common shares from Preferred Stock. For the three September 30, 2020, 2019,

Note B - Inventories (Tables)

Note B - Inventories (Tables)	3 Months Ended
	Sep. 30, 2020
Notes Tables
Schedule of Inventory, Current and Noncorrent [Table Text Block]	Inventories consisted of the following: September 30, 2020 June 30, 2020 Finished Goods $ 643,060 $ 645,039 Raw Materials 94,315 197,289 $ 737,375 $ 842,328

Note D - Income Taxes and Ava_2

Note D - Income Taxes and Available Carryforward (Tables)	3 Months Ended
	Sep. 30, 2020
Notes Tables
Schedule of Components of Income Tax Expense (Benefit) [Table Text Block]	Three Months 9/30/2020 Three Months 9/30/2019 Current Federal $ 0 $ 0 State 0 0 $ 0 $ 0 Deferred Federal $ 1,876 $ (26,166 ) State 388 (5,414 ) $ 2,264 $ (31,580 ) Total Income Tax Benefit / (Expense) $ 2,264 $ (31,580 )
Schedule of Deferred Tax Assets and Liabilities [Table Text Block]	Non-Current Deferred tax assets NOL and contribution carryforwards $ 231,456 Accrued compensated absences 7,881 Accrued bonus 13,115 Allowance for doubtful accounts 2,384 Total deferred tax assets 254,836 Deferred tax (liabilities) Excess of tax over book depreciation (4,717 ) Total deferred tax (liabilities) (4,717 ) Total deferred tax asset 250,119 Valuation Allowance (87,981 ) Net Deferred Tax Asset $ 162,138 June 30, 2020 $ (144,619 ) September 30, 2020 $ (87,981 ) $ 56,638
Comprehensive Income (Loss) [Table Text Block]	Three Months September 30, 2020 Three Months September 30, 2019 Expected (provision) at US statutory rate $ (45,535 ) $ (24,156 ) State income tax net of federal (provision) (9,421 ) (4,998 ) Nondeductible Expense (952 ) (1,936 ) Change in estimates of loss carryforward 1,534 (490 ) Change in valuation allowance 56,638 - Income Tax (Expense) $ 2,264 $ (31,580 )

Note H - Right-of-Use Assets _2

Note H - Right-of-Use Assets and Lease Liabilities (Tables)	3 Months Ended
	Sep. 30, 2020
Notes Tables
Lessee, Operating Lease, Right-of-Use Assets and Liabilities [Table Text Block]	ROU assets - operating leases obtained in exchange for lease liabilities - operating leases $ 108,516 Amortization of ROU assets since lease inception $ (55,237 ) ROU assets - operating leases at September 30, 2020 $ 53,279 Lease liabilities - operating leases on adoption date and increase in lease liability $ 115,456 Payments on lease liabilities (59,853 ) Lease liabilities - operating leases on September 30, 2020 55,603 Lease liabilities - operating leases due in the 12 months ending September 30, 2020 27,442 Lease liabilities - operating leases due in the 12 months ending September 30, 2021 $ 28,161

Noncash Disclosure (Details Tex

Noncash Disclosure (Details Textual) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2020	Sep. 30, 2019	Sep. 30, 2020	Sep. 30, 2019	Jun. 30, 2020
Right-of-Use Asset Obtained in Exchange for Operating Lease Liability	$ 108,516	$ 73,719
Lease Obligation Incurred		80,659
Cumulative Effect of New Accounting Principle in Period of Adoption	(2,204,699)		$ (2,204,699)		$ (2,423,795)
Increase (Decrease) in Operating Lease Right-of-use Asset	34,798		$ 34,798
Increase (Decrease) in Operating Lease Liability	$ 34,798
Cumulative Effect, Period of Adoption, Adjustment [Member] | Accounting Standards Update 2016-02 [Member]
Cumulative Effect of New Accounting Principle in Period of Adoption		$ (6,938)		$ (6,938)

Note A - Summary of Significa_2

Note A - Summary of Significant Accounting Policies (Details Textual)	3 Months Ended
	Sep. 30, 2020shares
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Number, Ending Balance (in shares)	65,000
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross (in shares)	0

Note B - Inventories (Details T

Note B - Inventories (Details Textual) - USD ($)	Sep. 30, 2020	Jun. 30, 2020
Inventory, Noncurrent, Total	$ 265,196	$ 83,812

Note B - Inventories - Inventor

Note B - Inventories - Inventories (Details) - USD ($)	Sep. 30, 2020	Jun. 30, 2020
Finished Goods	$ 643,060	$ 645,039
Raw Materials	94,315	197,289
Inventory, Gross, Total	$ 737,375	$ 842,328

Note C - Stockholders' Equity (

Note C - Stockholders' Equity (Details Textual) - USD ($)	1 Months Ended	3 Months Ended
	Jan. 31, 1995	Sep. 30, 2020	Jun. 30, 2020
Preferred Stock, Shares Authorized (in shares)		496,000,000	496,000,000
Minimum [Member]
Proceeds From Public Offering Required for Mandatory Conversion		$ 1,000,000
Share Price (in dollars per share)		$ 1
Convertible Preferred Stock [Member]
Preferred Stock, Shares Authorized (in shares)	4,000,000
Preferred Stock, Dividend Rate, Per-Dollar-Amount (in dollars per share)	$ 0.10
Dividends, Preferred Stock, Total		$ 0
Preferred Stock, Amount of Preferred Dividends in Arrears		$ 391,483
Convertible Preferred Stock, Shares Issued upon Conversion (in shares)		1

Note D - Income Taxes and Ava_3

Note D - Income Taxes and Available Carryforward (Details Textual) - USD ($)	9 Months Ended
	Sep. 30, 2020	Jun. 30, 2020	Apr. 13, 2020
Operating Loss Carryforwards, Total	$ 913,000
Operating Loss Carryforwards, Portion Estimated to Expire before Utilization	913,000
Operating Loss Carryforwards, Valuation Allowance, Total	$ 87,981
Effective Income Tax Rate Reconciliation, Percent, Total	25.35%
Unrecognized Tax Benefits, Ending Balance	$ 0
Paycheck Protection Program CARES Act [Member]
Notes Payable, Total		$ 201,000	$ 201,000

Note D - Income Taxes and Ava_4

Note D - Income Taxes and Available Carryforward - Provision for Income Tax Expense (Details) - USD ($)	3 Months Ended
	Sep. 30, 2020	Sep. 30, 2019
Federal	$ 0	$ 0
State	0	0
Current Income Tax Expense (Benefit), Total	0	0
Federal	1,876	(26,166)
State	388	(5,414)
Deferred Income Taxes and Tax Credits, Total	2,264	(31,580)
Income Tax (Expense)	$ 2,264	$ (31,580)

Note D - Income Taxes and Ava_5

Note D - Income Taxes and Available Carryforward - Deferred Tax Assets and Liabilities (Details) - USD ($)	3 Months Ended
	Sep. 30, 2020	Jun. 30, 2020
NOL and contribution carryforwards	$ 231,456
Accrued compensated absences	7,881
Accrued bonus	13,115
Allowance for doubtful accounts	2,384
Total deferred tax assets	254,836
Excess of tax over book depreciation	(4,717)
Total deferred tax (liabilities)	(4,717)
Total deferred tax asset	250,119
Valuation Allowance	(87,981)	$ (144,619)
Net Deferred Tax Asset	162,138	159,874
Valuation allowance	(87,981)	$ (144,619)
Change in valuation allowance	$ 56,638

Note D - Income Taxes and Ava_6

Note D - Income Taxes and Available Carryforward - Income Taxes Reconciliation (Details) - USD ($)	3 Months Ended
	Sep. 30, 2020	Sep. 30, 2019
Expected (provision) at US statutory rate	$ (45,535)	$ (24,156)
State income tax net of federal (provision)	(9,421)	(4,998)
Nondeductible Expense	(952)	(1,936)
Change in estimates of loss carryforward	1,534	(490)
Change in valuation allowance	56,638
Income Tax (Expense)	$ 2,264	$ (31,580)

Note E - Line of Credit (Detail

Note E - Line of Credit (Details Textual)	Jun. 30, 2019USD ($)
Line of Credit Facility, Maximum Borrowing Capacity	$ 250,000
Long-term Line of Credit, Total	$ 0

Note F - Paycheck Protection _2

Note F - Paycheck Protection Program Loan (Details Textual) - Paycheck Protection Program CARES Act [Member] - USD ($)	Sep. 30, 2020	Jun. 30, 2020	Apr. 13, 2020
Notes Payable, Total		$ 201,000	$ 201,000
Long-Term Debt, Maturity, Year One	$ 57,028
Long-Term Debt, Maturity, Year Two	$ 143,972

Note H - Right-of-Use Assets _3

Note H - Right-of-Use Assets and Lease Liabilities (Details Textual) - USD ($)	1 Months Ended			3 Months Ended
	Aug. 31, 2020	Feb. 28, 2018	Jun. 30, 2015	Sep. 30, 2020	Sep. 30, 2019
Variable Lease, Cost				$ 12,282	$ 11,666
Operating Lease, Weighted Average Remaining Lease Term (Year)				3 years 146 days
Operating Lease, Weighted Average Discount Rate, Percent				4.70%
Operating Lease For Office Equipment [Member]
Lessee, Operating Lease, Term of Contract (Month)			5 years 90 days
Lessee, Operating Lease, Rent Per Month			$ 1,079
Lessee, Operating Lease, Maximum Yearly Increase of Rent			3.00%
Lessee, Operating Lease, Discount Rate				5.50%
Operating Lease For Warehouse [Member]
Lessee, Operating Lease, Term of Contract (Month)		3 years 90 days
Lessee, Operating Lease, Discount Rate				5.50%
Lessee, Operating Lease, Rent Per Month, First Three Months		$ 0
Lessee, Operating Lease, Rent Per Month, Following 12 Months		2,936
Lessee, Operating Lease, Rent Per Month, Following 8 Months		3,024
Lessee, Operating Lease, Rent Per Month, Following 4 Months		3,019
Lessee, Operating Lease, Rent Per Month, Last 12 Months		$ 3,109
Operating Lease for Certain Office Equipment [Member]
Lessee, Operating Lease, Term of Contract (Month)	5 years 90 days
Lessee, Operating Lease, Rent Per Month	$ 574
Lessee, Operating Lease, Discount Rate	4.25%

Note H - Right-of-Use Assets _4

Note H - Right-of-Use Assets and Lease Liabilities - Right-of-Use Assets and Liabilities (Details) - USD ($)	3 Months Ended		9 Months Ended		15 Months Ended
	Sep. 30, 2020	Sep. 30, 2019	Sep. 30, 2020	Sep. 30, 2019	Sep. 30, 2020	Jun. 30, 2020	Jul. 01, 2019
ROU assets - operating leases obtained in exchange for lease liabilities - operating leases	$ 108,516	$ 73,719
Amortization of ROU assets since lease inception			$ (11,764)	$ (10,635)	$ (55,237)
ROU assets - operating leases at September 30, 2020	53,279		53,279		53,279	$ 30,245
Lease liabilities - operating leases on adoption date and increase in lease liability	55,603		55,603		55,603		$ 115,456
Payments on lease liabilities	(59,853)
Lease liabilities - operating leases due in the 12 months ending September 30, 2020	27,442		27,442		27,442
Lease liabilities - operating leases due in the 12 months ending September 30, 2021	$ 28,161		$ 28,161		$ 28,161