General form of registration statement for all companies including face-amount certificate companies

Condensed Consolidated Statements of Operations

v3.20.2
Condensed Consolidated Statements of Operations - USD ($)
3 Months Ended 9 Months Ended 12 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Mar. 31, 2020
Mar. 31, 2019
Jun. 30, 2019
Jun. 30, 2018
Income Statement [Abstract]            
Net revenue $ 5,051,000 $ 1,751,000 $ 10,585,000 $ 6,297,000 $ 9,317,000 $ 4,118,000
Cost of sales 4,402,000 1,690,000 9,461,000 5,968,000 8,768,000 4,913,000
Gross profit 649,000 61,000 1,124,000 329,000 549,000 (795,000)
Operating expenses:            
Selling and administrative expenses 2,584,000 2,421,000 7,108,000 5,518,000 7,712,000 3,462,000
Research and development 1,527,000 1,364,000 3,888,000 2,892,000 4,088,000 1,956,000
Total operating expenses 4,111,000 3,785,000 10,996,000 8,410,000 11,800,000 5,418,000
Operating loss (3,462,000) (3,724,000) (9,872,000) (8,081,000) (11,251,000) (6,213,000)
Other income (expense):            
Other Income         84,000
Interest expense (503,000) (90,000) (1,214,000) (1,058,000) (1,247,000) (752,000)
Net loss $ (3,965,000) $ (3,814,000) $ (11,086,000) $ (9,139,000) $ (12,414,000) $ (6,965,000)
Net loss per share - basic and diluted $ (0.78) $ (0.75) $ (2.17) $ (2.23) $ (2.84) $ (2.74)
Weighted average number of common shares outstanding - basic and diluted 5,107,845 5,076,967 5,105,982 4,105,433 4,364,271 2,539,427