Amerityre (AMTY) 10-Q 8 Nov 19 2020 Q1 Quarterly report Financial data

Document And Entity Information

Document And Entity Information - shares	3 Months Ended
	Sep. 30, 2019	Nov. 08, 2019
Document Information Line Items
Entity Registrant Name	AMERITYRE CORPORATION
Document Type	10-Q
Current Fiscal Year End Date	--06-30
Entity Common Stock, Shares Outstanding		47,727,867
Amendment Flag	false
Entity Central Index Key	0000945828
Entity Current Reporting Status	Yes
Entity Filer Category	Non-accelerated Filer
Document Period End Date	Sep. 30, 2019
Document Fiscal Year Focus	2020
Document Fiscal Period Focus	Q1
Entity Small Business	true
Entity Emerging Growth Company	false
Entity Shell Company	false
Document Quarterly Report	true
Document Transition Report	false
Entity File Number	000-50053
Entity Incorporation, State or Country Code	NV
Entity Tax Identification Number	87-0535207
Entity Address, Address Line One	1501 Industrial Rd
Entity Address, City or Town	Boulder City
Entity Address, State or Province	NV
Entity Address, Postal Zip Code	89005
City Area Code	702
Local Phone Number	293-1930
Entity Interactive Data Current	Yes

Balance Sheets

Balance Sheets - USD ($)	Sep. 30, 2019	Jun. 30, 2019
CURRENT ASSETS
Cash	$ 462,684	$ 557,026
Accounts receivable	279,814	277,690
Current inventory - net	531,344	448,407
Prepaid and other current assets	96,872	82,596
Total Current Assets	1,370,714	1,365,719
RIGHT TO USE LEASE ASSETS, OPERATING, NET	806,944	845,256
PROPERTY AND EQUIPMENT
Molds and models	583,611	583,611
Equipment	3,009,188	3,003,797
Furniture and fixtures	73,423	66,173
Software	247,610	247,610
Less – accumulated depreciation	(3,781,379)	(3,763,672)
Total Property and Equipment - net	132,453	137,519
OTHER ASSETS
Patents and trademarks – net	106,177	110,601
Non-current inventory	273,259	269,824
Deposits	11,000	11,000
Total Other Assets	390,436	391,425
TOTAL ASSETS	2,700,547	2,739,919
CURRENT LIABILITIES
Accounts payable and accrued expenses	634,748	649,046
Current portion of long-term debt	13,772	13,609
Current portion of lease liability	142,200	141,000
Deferred revenue	18,404	19,408
Total Current Liabilities	809,124	823,063
Long-term debt	72,413	75,418
Long-term lease liability	557,550	594,000
TOTAL LIABILITIES	1,439,087	1,492,481
STOCKHOLDERS’ EQUITY
Preferred stock: 5,000,000 shares authorized of $0.001 par value, 2,000,000 and 2,000,000 shares issued and outstanding, respectively	2,000	2,000
Common stock: 75,000,000 shares authorized of $0.001 par value, 47,727,867 and 47,727,867 shares issued and outstanding, respectively	47,728	47,728
Additional paid-in capital	62,695,035	62,695,035
Stock payable	10,702	583
Accumulated deficit	(61,494,005)	(61,497,908)
Total Stockholders’ Equity	1,261,460	1,247,438
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY	$ 2,700,547	$ 2,739,919

Balance Sheets (Parentheticals)

Balance Sheets (Parentheticals) - $ / shares	Sep. 30, 2019	Jun. 30, 2019
Preferred stock par value (in Dollars per share)	$ 0.001	$ 0.001
Preferred stock, shares authorized	5,000,000	5,000,000
Preferred stock, shares issued	2,000,000	2,000,000
Preferred stock, shares outstanding	2,000,000	2,000,000
Common stock par value (in Dollars per share)	$ 0.001	$ 0.001
Common stock, shares authorized	75,000,000	75,000,000
Common stock, shares issued	47,727,867	47,727,867
Common stock, shares outstanding	47,727,867	47,727,867

Statements of Operations (Unaud

Statements of Operations (Unaudited) - USD ($)	3 Months Ended
	Sep. 30, 2019	Sep. 30, 2018
NET SALES	$ 979,297	$ 827,244
COST OF REVENUES	690,599	561,012
GROSS PROFIT	288,698	266,232
EXPENSES
Research and development	26,016	23,073
Sales and marketing	43,471	50,924
General and administrative	193,430	189,548
Total Expenses	262,917	263,545
INCOME FROM OPERATIONS	25,781	2,687
OTHER INCOME (EXPENSE)
Interest income	174	103
Interest expense	(335)	(1,562)
Other income	3,283	3,089
Total Other Income, net	3,122	1,630
NET INCOME	28,903	4,317
Preferred Stock Dividend	(25,000)	(25,000)
NET INCOME (LOSS) ATTRIBUTABLE TO COMMON SHAREHOLDERS	$ 3,903	$ (20,683)
BASIC AND DILUTED INCOME (LOSS) PER SHARE (in Dollars per share)	$ 0	$ 0
WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING (in Shares)	47,727,867	44,514,035

Statements of Stockholders_ Equ

Statements of Stockholders’ Equity (Unaudited) - USD ($)	Preferred Stock [Member]	Common Stock [Member]	Additional Paid-in Capital [Member]	Stock Payable [Member]	Retained Earnings [Member]
Balance at Jun. 30, 2018	$ 2,000	$ 44,476	$ 62,638,754	$ 14,601	$ (61,438,920)
Balance (in Shares) at Jun. 30, 2018	2,000,000	44,476,346
Preferred stock dividends					(25,000)
Stock option based compensation expense – options			2,901
Stock based compensation expense for employee and Board of Director service		$ 1,156	18,035	(4,806)
Stock based compensation expense for employee and Board of Director service (in Shares)		1,155,796
Net income (loss) for the quarter					4,317
Balance at Sep. 30, 2018	$ 2,000	$ 45,632	62,659,690	9,795	(61,459,603)
Balance (in Shares) at Sep. 30, 2018	2,000,000	45,632,142
Preferred stock dividends					(25,000)
Stock option based compensation expense – options			967
Stock based compensation expense for employee and Board of Director service		$ 901	15,336	(9,212)
Stock based compensation expense for employee and Board of Director service (in Shares)		900,725
Net income (loss) for the quarter					(94,744)
Balance at Dec. 31, 2018	$ 2,000	$ 46,533	62,675,993	583	(61,579,347)
Balance (in Shares) at Dec. 31, 2018	2,000,000	46,532,867
Preferred stock dividends					(25,000)
Stock based compensation expense for employee and Board of Director service				10,119
Net income (loss) for the quarter					69,879
Balance at Mar. 31, 2019	$ 2,000	$ 46,533	62,675,993	10,702	(61,534,468)
Balance (in Shares) at Mar. 31, 2019	2,000,000	46,532,867
Preferred stock dividends					(25,000)
Stock based compensation expense for employee and Board of Director service		$ 1,195	19,042	(10,118)
Stock based compensation expense for employee and Board of Director service (in Shares)		1,195,000
Net income (loss) for the quarter					61,560
Balance at Jun. 30, 2019	$ 2,000	$ 47,728	62,695,035	583	(61,497,908)
Balance (in Shares) at Jun. 30, 2019	2,000,000	47,727,346
Preferred stock dividends					(25,000)
Stock based compensation expense for employee and Board of Director service				10,119
Net income (loss) for the quarter					28,903
Balance at Sep. 30, 2019	$ 2,000	$ 47,728	$ 62,695,035	$ 10,702	$ (61,494,005)
Balance (in Shares) at Sep. 30, 2019	2,000,000	47,727,867

Statements of Cash Flows (Unaud

Statements of Cash Flows (Unaudited) - USD ($)	3 Months Ended
	Sep. 30, 2019	Sep. 30, 2018
CASH FLOWS FROM OPERATING ACTIVITIES
Net income	$ 28,903	$ 4,317
Adjustments to reconcile net income to net cash used by operating activities:
Depreciation and amortization expense	25,194	20,473
Stock based compensation	10,119	9,785
Changes in operating assets and liabilities:
Accounts receivable	(2,124)	53,668
Prepaid and other current assets	(14,276)	(24,768)
Inventory and any change in inventory reserve	(86,372)	(59,953)
Accounts payable and accrued expenses	(39,299)	105,007
Deferred revenue	(1,004)	(14,250)
Net Cash Provided/Used by Operating Activities	(78,859)	94,279
CASH FLOWS FROM INVESTING ACTIVITIES
Purchase of property and equipment	(12,641)	0
Net Cash Used by Investing Activities	(12,641)	0
CASH FLOWS FROM FINANCING ACTIVITIES
Payments on notes payable	(2,842)	(4,651)
Net Cash Used by Financing Activities	(2,842)	(4,651)
NET (DECREASE) INCREASE IN CASH	(94,342)	89,628
CASH AT BEGINNING OF PERIOD	557,026	213,854
CASH AT END OF PERIOD	462,684	303,482
NON-CASH FINANCING ACTIVITIES
Interest paid	335	1,562
Income taxes paid	0	0
SUPPLEMENTAL SCHEDULE OF CASH FLOW ACTIVITIES
Accrued preferred stock dividends	25,000	25,000
Operating lease renewal, decrease in right to use asset and related liability	$ 35,250	$ 0

NOTE 1 - BASIS OF FINANCIAL STA

NOTE 1 - BASIS OF FINANCIAL STATEMENT PRESENTATION	3 Months Ended
	Sep. 30, 2019
Disclosure Text Block [Abstract]
Organization, Consolidation and Presentation of Financial Statements Disclosure [Text Block]	NOTE 1 - BASIS OF FINANCIAL STATEMENT PRESENTATION The accompanying unaudited condensed financial statements have been prepared by us pursuant to the rules and regulations of the Securities and Exchange Commission (“SEC”). Certain information and footnote disclosures normally included in financial statements prepared in accordance with accounting principles generally accepted in the United States of America have been condensed or omitted in accordance with such rules and regulations. The information furnished in the interim condensed financial statements includes normal recurring adjustments and reflects all adjustments, which, in the opinion of management, are necessary for a fair presentation of such financial statements. We believe the disclosures and information presented are adequate to make the information not misleading. These interim condensed financial statements should be read in conjunction with our most recent audited financial statements and notes thereto included in our June 30, 2019 Annual Report on Form 10-K. Operating results for the quarter ended September 30, 2019 are not necessarily indicative of the results that may be expected for the current fiscal year ending June 30, 2020.

NOTE 2 - SUMMARY OF SIGNIFICANT

NOTE 2 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	3 Months Ended
	Sep. 30, 2019
Accounting Policies [Abstract]
Significant Accounting Policies [Text Block]	NOTE 2 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Significant accounting policies disclosed herein have not changed since our audited financial statements and notes thereto included in our June 30, 2019 Annual Report on Form 10-K, except as noted below. Reclassifications Certain reclassifications, which have no effect on net income in our current presentation, have been made in the first quarter to record leasehold improvements amortization costs to all departments instead of solely to General and Administration. This reclassification was made in order to better reflect the benefit of these expenses. Revenue Recognition The majority of our revenue is derived from short-term sales contracts. We account for revenue in accordance with Accounting Standards Codification (“ASC”) Topic 606, “Revenue from Contracts with Customers”. Revenue for our products is recognized at the time in which our performance obligation is satisfied which we have defined as “control” of the product by the customer. “Control” is defined as a customer having “rights/obligations of physical control over the product or has the rights and intention to control the product.” Based on the terms of our contracts, a customer’s “control” is based on analysis of the following; (i) when a customer arranges their own shipping, and once the product has left our dock, Amerityre recognizes revenue for the product. In effect by arranging their own shipping the customer is “taking control” of the product when it leaves our warehouse; or (ii) when a customer does not arrange their own shipping we cannot recognize revenue until it is delivered and the customer takes “control” of the product. This establishes a “deferred revenue” event until such time as delivery of the product has been completed and we have proof from the shipper of the delivery (and change in control). Deferred revenue was $18,404, inclusive of $45 of shipping and handling revenue (see below), as of September 30, 2019. Deferred revenue was $6,462, inclusive of $1,114 of shipping and handling revenue (see below), as of September 30, 2018. Shipping and Handling Shipping and Handling Fees require that freight costs charged to customers be classified as revenues. Freight expenses are included in costs of sales and are recognized as incurred. Due to our adoption of ASC 606 as discussed above, we defer the revenues of shipping and handling until the related revenue is also recognized. The result of this accounting is a deferral of $45 as of September 30, 2019 and $1,114 as of September 30, 2018. Right to Use Assets – Leases We account for all Company leases following a multi-step analysis process which includes: ● Analysis of all agreements to determine if a lease exists, inclusive of this analysis is the length of the agreement and amount of the resulting liability. Based on this we have determined the following: ● Assets with a length less than 1 year are not considered leases and, ● Assets with a value of less than our capitalization policy of $2,500 are not considered a lease. Items that do not qualify as leases are treated similar to service agreements and expensed as incurred. Once an item qualifies for lease accounting we analyze the item for operating or finance lease treatment with the major difference that finance leases include interest as a term note would. In the case that a finance lease does not have a stated interest rate, we will impute the interest. Both operating and finance leases result in a right to use asset and related lease liability on our balance sheet. Items that enhance a lease asset, such as leasehold improvements, are capitalized with the related right to use asset. Amortization of that improvement is based on all known facts inclusive of the lease term. Basic and Fully Diluted Net Income (Loss) Per Share Basic and Fully Diluted net income (loss) per share is computed using the weighted-average number of common shares outstanding during the period. Recent Accounting Pronouncements Other recent accounting pronouncements issued by the FASB (including its Emerging Issues Task Force), the American Institute of Certified Public Accountants, and the SEC, did not, or are not believed by management to, have a material impact on the Company's present or future financial position, results of operations or cash flows.

NOTE 3 - INVENTORY

NOTE 3 - INVENTORY	3 Months Ended
	Sep. 30, 2019
Inventory Disclosure [Abstract]
Inventory Disclosure [Text Block]	NOTE 3 - INVENTORY Inventory is stated at the lower of cost (computed on a first-in, first-out basis) or net realizable value. The inventory consists primarily of chemicals, finished goods produced in our plant and products purchased for resale. September 30, 2019 June 30, 2019 (Unaudited) Raw Materials $ 221,363 $ 221,767 Finished Goods 650,716 557,977 Inventory reserve (67,476 ) (61,513 ) Inventory – net (current and long term) $ 804,603 $ 718,231 Our inventory reserve reflects items that were deemed to be defective or obsolete based on an analysis of all inventories on hand. The Company critically reviews all slow moving inventory to determine if it is defective or obsolete. If not defective or obsolete we presented these items as non-current inventory, although all inventory is ready and available for sale at any moment.

NOTE 4 - RIGHT TO USE LEASE ASS

NOTE 4 - RIGHT TO USE LEASE ASSETS	3 Months Ended
	Sep. 30, 2019
Disclosure Text Block [Abstract]
Lessee, Operating Leases [Text Block]	NOTE 4 – RIGHT TO USE LEASE ASSETS Based on our lease accounting policy, we have identified the following operating leases. As of September 30, 2019 we have no financing leases: September 30, 2019 June 30, 2019 (Unaudited) Facility lease $ 699,750 $ 735,000 Leasehold improvements related to our facility 280,376 280,376 Accumulated amortization – leasehold improvements (173,182 ) (170,120 ) Right to use leased assets, operating, net $ 806,944 $ 845,256 In March 2019 we negotiated a five year extension of the lease on our executive office and manufacturing facility located at 1501 Industrial Road, Boulder City, Nevada. The property consists of a 49,200 square foot building. We currently occupy all 49,200 square feet, inclusive of approximately 5,500 square feet of office space, situated on approximately 4.15 acres. Our remaining liability under this agreement is $699,750, payable at amounts ranging from $11,750 to $12,600 a month until June 30, 2024.

NOTE 5 - DEBT

NOTE 5 - DEBT	3 Months Ended
	Sep. 30, 2019
Debt Disclosure [Abstract]
Debt Disclosure [Text Block]	NOTE 5 - DEBT A former board member, Silas O. Kines, who passed away on January 11, 2012, was also the principal owner of Forklift Tire of Florida and K-2 Industrial Tire, Inc. In accordance with the Commission Agreement with Forklift Tire of Florida, dated February 2, 2011, between Amerityre Corporation and K-2 Industrial Tire, Inc., K-2 is due a five percent (5%) commission on all forklift tire sales. In exchange for the forklift models transferred to Amerityre under that agreement, the first $96,000 in commission payments will be used to extinguish the long term liability recorded on the transaction. As of September 30, 2019, $2,000 and $62,098 (June 30, 2019, $2,000 and $62,089) were recorded for the current and long-term portion, respectively, of the related liability. In June 2016, the Company executed a term note with U.S. Bank to finance critical manufacturing equipment and operating enhancements. The total amount financed was $55,068, at 5.59% interest, with payments of $1,059 due for 60 months starting July 2016. This note was paid in full in October 2019.

NOTE 6 - STOCK OPTIONS AND WARR

NOTE 6 - STOCK OPTIONS AND WARRANTS	3 Months Ended
	Sep. 30, 2019
Disclosure Text Block Supplement [Abstract]
Shareholders' Equity and Share-based Payments [Text Block]	NOTE 6 - STOCK OPTIONS AND WARRANTS Prior Issuances of options On January 1, 2018, 480,000 options were granted to the Company’s Chief Executive Officer as part of his employment offer. The options have a strike price of $0.10, vest ratably January 1, 2018 to December 31, 2018 and expire December 31, 2021. We estimated the fair value of the stock options above at the grant date based on the following weighted average assumptions: Risk-free interest rate 2.010 % Expected life 3.0 years Expected volatility 114.38 % Dividend yield 0.00 % A summary of the status of our outstanding stock options as of September 30, 2019 and June 30, 2019, and changes during these periods is presented below: September 30, 2019 June 30, 2019 Weighted Average Intrinsic Weighted Average Intrinsic Shares Exercise Price Value Shares Exercise Price Value Outstanding beginning of period 3,970,000 $ 0.12 3,730,000 $ 0.13 Granted - $ 0.00 480,000 $ 0.10 Expired/Cancelled - $ 0.00 (240,000 ) $ 0.10 Exercised - $ 0.00 - $ 0.00 Outstanding end of period 3,970,000 $ 0.12 $ - 3,970,000 $ 0.12 $ - Exercisable 3,970,000 $ 0.12 $ - 3,970,000 $ 0.12 $ - Outstanding Exercisable Range of Exercise Prices Number Outstanding at September 30, 2019 Weighted Average Remaining Contractual Life Weighted Average Exercise Price Number Exercisable at September 30, 2019 Weighted Average Remaining Contractual Life $ 0.08 150,000 2.17 $ 0.08 150,000 2.17 $ 0.10 2,370,000 1.20 $ 0.10 2,370,000 1.20 $ 0.17 1,450,000 1.00 $ 0.17 1,450,000 1.00 3,970,000 3,970,000

NOTE 7 - SUBSEQUENT EVENTS

NOTE 7 - SUBSEQUENT EVENTS	3 Months Ended
	Sep. 30, 2019
Subsequent Events [Abstract]
Subsequent Events [Text Block]	NOTE 7. – SUBSEQUENT EVENTS The Company has evaluated subsequent events through the filing of this Quarterly Report on Form 10-Q and determined that there have been no events that have occurred that would require adjustments to our disclosures in the condensed financial statements.

Accounting Policies, by Policy

Accounting Policies, by Policy (Policies)	3 Months Ended
	Sep. 30, 2019
Accounting Policies [Abstract]
Reclassification, Policy [Policy Text Block]	Reclassifications Certain reclassifications, which have no effect on net income in our current presentation, have been made in the first quarter to record leasehold improvements amortization costs to all departments instead of solely to General and Administration. This reclassification was made in order to better reflect the benefit of these expenses.
Revenue [Policy Text Block]	Revenue Recognition The majority of our revenue is derived from short-term sales contracts. We account for revenue in accordance with Accounting Standards Codification (“ASC”) Topic 606, “Revenue from Contracts with Customers”. Revenue for our products is recognized at the time in which our performance obligation is satisfied which we have defined as “control” of the product by the customer. “Control” is defined as a customer having “rights/obligations of physical control over the product or has the rights and intention to control the product.” Based on the terms of our contracts, a customer’s “control” is based on analysis of the following; (i) when a customer arranges their own shipping, and once the product has left our dock, Amerityre recognizes revenue for the product. In effect by arranging their own shipping the customer is “taking control” of the product when it leaves our warehouse; or (ii) when a customer does not arrange their own shipping we cannot recognize revenue until it is delivered and the customer takes “control” of the product. This establishes a “deferred revenue” event until such time as delivery of the product has been completed and we have proof from the shipper of the delivery (and change in control). Deferred revenue was $18,404, inclusive of $45 of shipping and handling revenue (see below), as of September 30, 2019. Deferred revenue was $6,462, inclusive of $1,114 of shipping and handling revenue (see below), as of September 30, 2018.
Shipping and Handling Cost, Policy [Policy Text Block]	Shipping and Handling Shipping and Handling Fees require that freight costs charged to customers be classified as revenues. Freight expenses are included in costs of sales and are recognized as incurred. Due to our adoption of ASC 606 as discussed above, we defer the revenues of shipping and handling until the related revenue is also recognized. The result of this accounting is a deferral of $45 as of September 30, 2019 and $1,114 as of September 30, 2018.
Lessee, Leases [Policy Text Block]	Right to Use Assets – Leases We account for all Company leases following a multi-step analysis process which includes: ● Analysis of all agreements to determine if a lease exists, inclusive of this analysis is the length of the agreement and amount of the resulting liability. Based on this we have determined the following: ● Assets with a length less than 1 year are not considered leases and, ● Assets with a value of less than our capitalization policy of $2,500 are not considered a lease. Items that do not qualify as leases are treated similar to service agreements and expensed as incurred. Once an item qualifies for lease accounting we analyze the item for operating or finance lease treatment with the major difference that finance leases include interest as a term note would. In the case that a finance lease does not have a stated interest rate, we will impute the interest. Both operating and finance leases result in a right to use asset and related lease liability on our balance sheet. Items that enhance a lease asset, such as leasehold improvements, are capitalized with the related right to use asset. Amortization of that improvement is based on all known facts inclusive of the lease term.
Earnings Per Share, Policy [Policy Text Block]	Basic and Fully Diluted Net Income (Loss) Per Share Basic and Fully Diluted net income (loss) per share is computed using the weighted-average number of common shares outstanding during the period.
New Accounting Pronouncements, Policy [Policy Text Block]	Recent Accounting Pronouncements Other recent accounting pronouncements issued by the FASB (including its Emerging Issues Task Force), the American Institute of Certified Public Accountants, and the SEC, did not, or are not believed by management to, have a material impact on the Company's present or future financial position, results of operations or cash flows.

NOTE 3 - INVENTORY (Tables)

NOTE 3 - INVENTORY (Tables)	3 Months Ended
	Sep. 30, 2019
Inventory Disclosure [Abstract]
Schedule of Inventory [Table Text Block]	Inventory is stated at the lower of cost (computed on a first-in, first-out basis) or net realizable value. The inventory consists primarily of chemicals, finished goods produced in our plant and products purchased for resale. September 30, 2019 June 30, 2019 (Unaudited) Raw Materials $ 221,363 $ 221,767 Finished Goods 650,716 557,977 Inventory reserve (67,476 ) (61,513 ) Inventory – net (current and long term) $ 804,603 $ 718,231

NOTE 4 - RIGHT TO USE LEASE A_2

NOTE 4 - RIGHT TO USE LEASE ASSETS (Tables)	3 Months Ended
	Sep. 30, 2019
Disclosure Text Block [Abstract]
Schedule of Property Subject to or Available for Operating Lease [Table Text Block]	Based on our lease accounting policy, we have identified the following operating leases. As of September 30, 2019 we have no financing leases: September 30, 2019 June 30, 2019 (Unaudited) Facility lease $ 699,750 $ 735,000 Leasehold improvements related to our facility 280,376 280,376 Accumulated amortization – leasehold improvements (173,182 ) (170,120 ) Right to use leased assets, operating, net $ 806,944 $ 845,256

NOTE 6 - STOCK OPTIONS AND WA_2

NOTE 6 - STOCK OPTIONS AND WARRANTS (Tables)	3 Months Ended
	Sep. 30, 2019
Disclosure Text Block Supplement [Abstract]
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]	We estimated the fair value of the stock options above at the grant date based on the following weighted average assumptions: Risk-free interest rate 2.010 % Expected life 3.0 years Expected volatility 114.38 % Dividend yield 0.00 %
Share-based Payment Arrangement, Option, Activity [Table Text Block]	A summary of the status of our outstanding stock options as of September 30, 2019 and June 30, 2019, and changes during these periods is presented below: September 30, 2019 June 30, 2019 Weighted Average Intrinsic Weighted Average Intrinsic Shares Exercise Price Value Shares Exercise Price Value Outstanding beginning of period 3,970,000 $ 0.12 3,730,000 $ 0.13 Granted - $ 0.00 480,000 $ 0.10 Expired/Cancelled - $ 0.00 (240,000 ) $ 0.10 Exercised - $ 0.00 - $ 0.00 Outstanding end of period 3,970,000 $ 0.12 $ - 3,970,000 $ 0.12 $ - Exercisable 3,970,000 $ 0.12 $ - 3,970,000 $ 0.12 $ -
Share-based Payment Arrangement, Option, Exercise Price Range [Table Text Block]	Outstanding Exercisable Range of Exercise Prices Number Outstanding at September 30, 2019 Weighted Average Remaining Contractual Life Weighted Average Exercise Price Number Exercisable at September 30, 2019 Weighted Average Remaining Contractual Life $ 0.08 150,000 2.17 $ 0.08 150,000 2.17 $ 0.10 2,370,000 1.20 $ 0.10 2,370,000 1.20 $ 0.17 1,450,000 1.00 $ 0.17 1,450,000 1.00 3,970,000 3,970,000

NOTE 2 - SUMMARY OF SIGNIFICA_2

NOTE 2 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details) - USD ($)	3 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Jun. 30, 2019
NOTE 2 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details) [Line Items]
Deferred Revenue, Current	$ 18,404	$ 6,462	$ 19,408
Revenues	$ 979,297	$ 827,244
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount (in Shares)	3,970,000	4,210,000
Shipping and Handling Revenue [Member]
NOTE 2 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details) [Line Items]
Revenues	$ 45	$ 1,114

NOTE 3 - INVENTORY (Details) -

NOTE 3 - INVENTORY (Details) - Schedule of Inventory - USD ($)	Sep. 30, 2019	Jun. 30, 2019
Schedule of Inventory [Abstract]
Raw Materials	$ 221,363	$ 221,767
Finished Goods	650,716	557,977
Inventory reserve	(67,476)	(61,513)
Inventory – net (current and long term)	$ 804,603	$ 718,231

NOTE 4 - RIGHT TO USE LEASE A_3

NOTE 4 - RIGHT TO USE LEASE ASSETS (Details)	3 Months Ended
	Sep. 30, 2019USD ($)	May 31, 2015ft²a
NOTE 4 - RIGHT TO USE LEASE ASSETS (Details) [Line Items]
Lessee, Operating Lease, Renewal Term		5 years
Area of Real Estate Property (in Square Feet) | ft²		49,200
Area of Land (in Acres) | a		4.15
Operating Leases, Future Minimum Payments Due	$ 699,750
Building [Member]
NOTE 4 - RIGHT TO USE LEASE ASSETS (Details) [Line Items]
Area of Real Estate Property (in Square Feet) | ft²		5,500
Minimum [Member]
NOTE 4 - RIGHT TO USE LEASE ASSETS (Details) [Line Items]
Operating Leases, Rent Expense, Minimum Rentals	11,750
Maximum [Member]
NOTE 4 - RIGHT TO USE LEASE ASSETS (Details) [Line Items]
Operating Leases, Rent Expense, Minimum Rentals	$ 12,600

NOTE 4 - RIGHT TO USE LEASE A_4

NOTE 4 - RIGHT TO USE LEASE ASSETS (Details) - Schedule of Property Subject to or Available for Operating Lease - USD ($)	Sep. 30, 2019	Jun. 30, 2019
Schedule of Property Subject to or Available for Operating Lease [Abstract]
Facility lease	$ 699,750	$ 735,000
Leasehold improvements related to our facility	280,376	280,376
Accumulated amortization – leasehold improvements	(173,182)	(170,120)
Inventory - net	$ 806,944	$ 845,256

NOTE 5 - DEBT (Details)

NOTE 5 - DEBT (Details) - USD ($)	1 Months Ended	3 Months Ended
	Jun. 30, 2016	Sep. 30, 2019	Jun. 30, 2019
Notes Payable, Other Payables [Member]
NOTE 5 - DEBT (Details) [Line Items]
Sales Commission, Percentage		5.00%
Debt Instrument, Face Amount		$ 96,000
Long-term Debt, Current Maturities		2,000	$ 2,000
Long-term Debt, Excluding Current Maturities		$ 62,089	$ 62,098
Notes Payable to Banks [Member]
NOTE 5 - DEBT (Details) [Line Items]
Debt Instrument, Face Amount	$ 55,068
Debt Instrument, Interest Rate, Stated Percentage	5.59%
Debt Instrument, Periodic Payment	$ 1,059
Debt Instrument, Term	60 months

NOTE 6 - STOCK OPTIONS AND WA_3

NOTE 6 - STOCK OPTIONS AND WARRANTS (Details) - Chief Executive Officer [Member]	Jan. 01, 2018$ / sharesshares
NOTE 6 - STOCK OPTIONS AND WARRANTS (Details) [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross | shares	480,000
Share-Based Compensation Arrangement by Share-Based Payment Award, Option Exercise Price | $ / shares	$ 0.10
Share-based Compensation Arrangement by Share-based Payment Award, Vesting Date	Jan. 1, 2018
Share-based Compensation Arrangement by Share-based Payment Award, Expiration Date	Dec. 31, 2018

NOTE 6 - STOCK OPTIONS AND WA_4

NOTE 6 - STOCK OPTIONS AND WARRANTS (Details) - Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions	3 Months Ended
	Sep. 30, 2019
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [Abstract]
Risk-free interest rate	2.01%
Expected life	3 years
Expected volatility	114.38%
Dividend yield	0.00%

NOTE 6 - STOCK OPTIONS AND WA_5

NOTE 6 - STOCK OPTIONS AND WARRANTS (Details) - Schedule of Share-based Compensation, Stock Options, Activity - USD ($)	3 Months Ended	12 Months Ended
	Sep. 30, 2019	Jun. 30, 2019
Schedule of Share-based Compensation, Stock Options, Activity [Abstract]
Outstanding beginning of period	3,970,000	3,730,000
Outstanding beginning of period	$ 0.12	$ 0.13
Granted	0	480,000
Granted	$ 0	$ 0.10
Expired/Cancelled	0	(240,000)
Expired/Cancelled	$ 0	$ 0.10
Exercised	0	0
Exercised	$ 0	$ 0
Outstanding end of period	3,970,000	3,970,000
Outstanding end of period	$ 0.12	$ 0.12
Outstanding end of period	$ 0	$ 0
Exercisable	3,970,000	3,970,000
Exercisable	$ 0.12	$ 0.12
Exercisable	$ 0	$ 0

NOTE 6 - STOCK OPTIONS AND WA_6

NOTE 6 - STOCK OPTIONS AND WARRANTS (Details) - Schedule of Share-based Compensation, Shares Authorized under Stock Option Plans, by Exercise Price Range - $ / shares	3 Months Ended
	Sep. 30, 2019	Jun. 30, 2019	Jun. 30, 2018
Share-based Payment Arrangement, Option, Exercise Price Range [Line Items]
Number of Options Outstanding	3,970,000	3,970,000	3,730,000
Number of Options Exercisable	3,970,000
Options at $0.08 [Member]
Share-based Payment Arrangement, Option, Exercise Price Range [Line Items]
Exercise Price of Options (in Dollars per share)	$ 0.08
Number of Options Outstanding	150,000
Weighted Average Remaining Contractual Life of Outstanding Options	2 years 2 months 1 day
Weighted Average Exercise Price Outstanding Options (in Dollars per share)	$ 0.08
Weighted Average Remaining Contractual Life Exercisable Options	2 years 2 months 1 day
Number of Options Exercisable	150,000
Options at $0.10 [Member]
Share-based Payment Arrangement, Option, Exercise Price Range [Line Items]
Exercise Price of Options (in Dollars per share)	$ 0.10
Number of Options Outstanding	2,370,000
Weighted Average Remaining Contractual Life of Outstanding Options	1 year 2 months 12 days
Weighted Average Exercise Price Outstanding Options (in Dollars per share)	$ 0.10
Weighted Average Remaining Contractual Life Exercisable Options	1 year 2 months 12 days
Number of Options Exercisable	2,370,000
Options at $0.17 [Member]
Share-based Payment Arrangement, Option, Exercise Price Range [Line Items]
Exercise Price of Options (in Dollars per share)	$ 0.17
Number of Options Outstanding	1,450,000
Weighted Average Remaining Contractual Life of Outstanding Options	1 year
Weighted Average Exercise Price Outstanding Options (in Dollars per share)	$ 0.17
Weighted Average Remaining Contractual Life Exercisable Options	1 year
Number of Options Exercisable	1,450,000