$POCI
PRECISION OPTICS CORPORATION, INC. Stock $poci

$poci Overview Financials Valuation SEC Filings Company Website

2022 Q3 Form 10-K Financial Statement

#000168316822006633 Filed on September 27, 2022

Income Statement

Concept	2022 Q3	2022 Q2	2022
Revenue	$5.085M	$4.794M	$15.68M
YoY Change	117.66%	79.31%	46.87%
Cost Of Revenue	$3.361M	$3.352M	$10.75M
YoY Change	98.0%	77.61%	48.45%
Gross Profit	$1.725M	$1.441M	$4.928M
YoY Change	169.89%	83.39%	43.53%
Gross Profit Margin	33.91%	30.07%	31.43%
Selling, General & Admin	$1.496M	$1.639M	$5.613M
YoY Change	60.21%	57.0%	51.11%
% of Gross Profit	86.73%	113.69%	113.91%
Research & Development	$245.5K	$233.2K	$666.5K
YoY Change	133.37%	29.11%	6.76%
% of Gross Profit	14.23%	16.18%	13.52%
Depreciation & Amortization	$52.41K	$52.35K	$190.2K
YoY Change	23.96%	23.41%	29.58%
% of Gross Profit	3.04%	3.63%	3.86%
Operating Expenses	$1.741M	$1.872M	$6.442M
YoY Change	67.62%	52.88%	48.46%
Operating Profit	-$16.59K	-$430.5K	-$1.514M
YoY Change	-95.85%	-1.81%	67.17%
Interest Expense	$56.92K	-$51.37K	$155.7K
YoY Change	-1273.65%	1557.1%	-3036.94%
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income	-$70.00K	$270.3K	-$927.5K
YoY Change	-87.86%	-161.21%	809.99%
Income Tax		$950.00	$952.00
% Of Pretax Income		0.35%
Net Earnings	-$73.51K	$269.3K	-$928.4K
YoY Change	-87.26%	-160.87%	802.78%
Net Earnings / Revenue	-1.45%	5.62%	-5.92%
Basic Earnings Per Share	$0.00		-$0.06
Diluted Earnings Per Share	$0.00	$15.92K	-$0.06
COMMON SHARES
Basic Shares Outstanding	16.92M shares		15.89M shares
Diluted Shares Outstanding	16.92M shares		15.89M shares

Balance Sheet

Concept	2022 Q3	2022 Q2	2022
SHORT-TERM ASSETS
Cash & Short-Term Investments	$670.0K	$605.8K	$605.8K
YoY Change	-59.87%	-29.7%	-29.7%
Cash & Equivalents	$673.5K	$605.7K	$605.8K
Short-Term Investments
Other Short-Term Assets	$190.0K	$213.5K	$213.5K
YoY Change	33.49%	41.7%	41.7%
Inventory	$2.756M	$3.022M	$3.022M
Prepaid Expenses	$187.5K	$213.4K
Receivables	$3.415M	$2.664M	$2.664M
Other Receivables	$0.00	$0.00	$0.00
Total Short-Term Assets	$7.031M	$6.505M	$6.505M
YoY Change	24.58%	36.19%	36.19%
LONG-TERM ASSETS
Property, Plant & Equipment	$591.1K	$627.5K	$1.145M
YoY Change	-5.05%	-4.28%	74.71%
Goodwill	$8.824M	$8.824M
YoY Change		1183.22%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets
YoY Change
Total Long-Term Assets	$10.14M	$10.20M	$10.20M
YoY Change	595.26%	586.85%	586.85%
TOTAL ASSETS
Total Short-Term Assets	$7.031M	$6.505M	$6.505M
Total Long-Term Assets	$10.14M	$10.20M	$10.20M
Total Assets	$17.17M	$16.70M	$16.70M
YoY Change	141.73%	166.78%	166.78%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$2.306M	$2.239M	$2.239M
YoY Change	79.28%	85.8%	85.8%
Accrued Expenses	$1.280M	$867.3K	$867.3K
YoY Change	37.63%	33.25%	33.25%
Deferred Revenue	$1.033M	$905.1K
YoY Change	206.89%	101.1%
Short-Term Debt	$0.00	$0.00	$0.00
YoY Change
Long-Term Debt Due	$371.4K	$367.7K	$408.4K
YoY Change	854.34%	858.84%	964.98%
Total Short-Term Liabilities	$5.196M	$4.587M	$4.587M
YoY Change	88.37%	82.65%	82.65%
LONG-TERM LIABILITIES
Long-Term Debt	$1.865M	$1.961M	$2.073M
YoY Change	1209.58%	1186.84%	1260.12%
Other Long-Term Liabilities	$1.030M	$1.073M	$1.073M
YoY Change	517.99%	543.82%	543.82%
Total Long-Term Liabilities	$1.865M	$1.961M	$3.146M
YoY Change	503.49%	514.64%	885.95%
TOTAL LIABILITIES
Total Short-Term Liabilities	$5.196M	$4.587M	$4.587M
Total Long-Term Liabilities	$1.865M	$1.961M	$3.146M
Total Liabilities	$7.062M	$6.548M	$7.733M
YoY Change	130.21%	131.36%	173.22%
SHAREHOLDERS EQUITY
Retained Earnings	-$48.17M	-$48.09M
YoY Change		1.97%
Common Stock	$169.2K	$169.2K
YoY Change		27.35%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$8.973M	$8.971M	$8.972M
YoY Change
Total Liabilities & Shareholders Equity	$17.17M	$16.70M	$16.70M
YoY Change	141.73%	166.78%	166.78%

Cashflow Statement

Concept	2022 Q3	2022 Q2	2022
OPERATING ACTIVITIES
Net Income	-$73.51K	$269.3K	-$928.4K
YoY Change	-87.26%	-160.87%	802.78%
Depreciation, Depletion And Amortization	$52.41K	$52.35K	$190.2K
YoY Change	23.96%	23.41%	29.58%
Cash From Operating Activities	$199.7K	-$53.40K	-$933.4K
YoY Change	-209.54%	-143.78%	-2105.09%
INVESTING ACTIVITIES
Capital Expenditures	$16.02K	-$70.08K	$113.2K
YoY Change	-152.75%	112.82%	-192.48%
Acquisitions
YoY Change
Other Investing Activities		$166.7K	-$255.1K
YoY Change			53.03%
Cash From Investing Activities	-$29.17K	$96.59K	-$407.8K
YoY Change	-3.94%	-393.32%	41.08%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net	$92.86K		$247.0K
YoY Change
Cash From Financing Activities	-$102.8K	-269.0K	$1.085M
YoY Change	-110.07%	2814.63%	-3654.77%
NET CHANGE
Cash From Operating Activities	$199.7K	-53.40K	-$933.4K
Cash From Investing Activities	-$29.17K	96.59K	-$407.8K
Cash From Financing Activities	-$102.8K	-269.0K	$1.085M
Net Change In Cash	$67.75K	-225.8K	-$255.9K
YoY Change	-91.61%	-382.96%	-6.28%
FREE CASH FLOW
Cash From Operating Activities	$199.7K	-$53.40K	-$933.4K
Capital Expenditures	$16.02K	-$70.08K	$113.2K
Free Cash Flow	$183.7K	$16.68K	-$1.047M
YoY Change	-220.89%	-89.23%	-719.45%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2022	dei	Auditor Name AuditorName	Stowe & Degon LLC
CY2022	dei	Auditor Location AuditorLocation	Westborough, Massachusetts
CY2022Q2	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	605749	usd
CY2022	dei	Document Annual Report DocumentAnnualReport	true
CY2022	dei	Document Period End Date DocumentPeriodEndDate	2022-06-30
CY2022	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--06-30
CY2022	dei	Document Transition Report DocumentTransitionReport	false
CY2022	dei	Entity File Number EntityFileNumber	001-10647
CY2021Q2	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	861650	usd
CY2022Q2	us-gaap	Allowance For Doubtful Accounts Receivable AllowanceForDoubtfulAccountsReceivable	44135	usd
CY2022	dei	Entity Registrant Name EntityRegistrantName	PRECISION OPTICS CORPORATION, INC.
CY2022	dei	Entity Incorporation State Country Code EntityIncorporationStateCountryCode	MA
CY2022	dei	Entity Tax Identification Number EntityTaxIdentificationNumber	04-2795294
CY2022	dei	Entity Address Address Line1 EntityAddressAddressLine1	22 East Broadway
CY2022	dei	Entity Address City Or Town EntityAddressCityOrTown	Gardner
CY2022	dei	Entity Address State Or Province EntityAddressStateOrProvince	MA
CY2022	dei	Entity Address Postal Zip Code EntityAddressPostalZipCode	01440
CY2022	dei	City Area Code CityAreaCode	(978)
CY2021Q2	us-gaap	Allowance For Doubtful Accounts Receivable AllowanceForDoubtfulAccountsReceivable	251383	usd
CY2022Q2	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	2663872	usd
CY2022	dei	Local Phone Number LocalPhoneNumber	630-1800
CY2021Q2	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	1878755	usd
CY2022Q2	us-gaap	Inventory Net InventoryNet	3022147	usd
CY2022	dei	Security12b Title Security12bTitle	Common stock, $0.01 par value
CY2022	dei	Trading Symbol TradingSymbol	PEYE
CY2022	dei	Entity Well Known Seasoned Issuer EntityWellKnownSeasonedIssuer	No
CY2022	dei	Entity Voluntary Filers EntityVoluntaryFilers	No
CY2022	dei	Entity Current Reporting Status EntityCurrentReportingStatus	Yes
CY2022	dei	Entity Interactive Data Current EntityInteractiveDataCurrent	Yes
CY2022	dei	Entity Filer Category EntityFilerCategory	Non-accelerated Filer
CY2022	dei	Entity Small Business EntitySmallBusiness	true
CY2022	dei	Entity Emerging Growth Company EntityEmergingGrowthCompany	false
CY2022	dei	Entity Shell Company EntityShellCompany	false
CY2021Q4	dei	Entity Public Float EntityPublicFloat	22844417	usd
CY2022	dei	Entity Central Index Key EntityCentralIndexKey	0000867840
CY2022	dei	Amendment Flag AmendmentFlag	false
CY2022	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2022
CY2022	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	FY
CY2021	PEYE	Exercise Of Stock Options Net Of Shares Withheld Value ExerciseOfStockOptionsNetOfSharesWithheldValue		usd
CY2022	PEYE	Exercise Of Stock Options Net Of Shares Withheld Value ExerciseOfStockOptionsNetOfSharesWithheldValue		usd
CY2022	dei	Document Type DocumentType	10-K
CY2022Q3	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	16915089	shares
CY2022	dei	Auditor Firm AuditorFirmId	577
CY2021Q2	us-gaap	Inventory Net InventoryNet	1885395	usd
CY2022Q2	us-gaap	Prepaid Expense Current PrepaidExpenseCurrent	213448	usd
CY2021Q2	us-gaap	Prepaid Expense Current PrepaidExpenseCurrent	150635	usd
CY2022Q2	us-gaap	Assets Current AssetsCurrent	6505216	usd
CY2021Q2	us-gaap	Assets Current AssetsCurrent	4776435	usd
CY2022Q2	us-gaap	Machinery And Equipment Gross MachineryAndEquipmentGross	3215412	usd
CY2021Q2	us-gaap	Machinery And Equipment Gross MachineryAndEquipmentGross	3084511	usd
CY2022Q2	us-gaap	Leasehold Improvements Gross LeaseholdImprovementsGross	843903	usd
CY2021Q2	us-gaap	Leasehold Improvements Gross LeaseholdImprovementsGross	792723	usd
CY2022Q2	us-gaap	Furniture And Fixtures Gross FurnitureAndFixturesGross	219999	usd
CY2021Q2	us-gaap	Furniture And Fixtures Gross FurnitureAndFixturesGross	178640	usd
CY2022Q2	us-gaap	Property Plant And Equipment Gross PropertyPlantAndEquipmentGross	4279314	usd
CY2021Q2	us-gaap	Property Plant And Equipment Gross PropertyPlantAndEquipmentGross	4055874	usd
CY2022Q2	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	3651843	usd
CY2021Q2	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	3461622	usd
CY2022Q2	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	627471	usd
CY2021Q2	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	594252	usd
CY2022Q2	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	517725	usd
CY2021Q2	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	61247	usd
CY2022Q2	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	229398	usd
CY2021Q2	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	141702	usd
CY2022Q2	us-gaap	Goodwill Goodwill	8824210	usd
CY2021Q2	us-gaap	Goodwill Goodwill	687664	usd
CY2022Q2	us-gaap	Assets Assets	16704020	usd
CY2021Q2	us-gaap	Assets Assets	6261300	usd
CY2022Q2	us-gaap	Finance Lease Liability Current FinanceLeaseLiabilityCurrent	40705	usd
CY2021Q2	us-gaap	Finance Lease Liability Current FinanceLeaseLiabilityCurrent	38347	usd
CY2022Q2	us-gaap	Long Term Debt Current LongTermDebtCurrent	367714	usd
CY2021Q2	us-gaap	Long Term Debt Current LongTermDebtCurrent	0	usd
CY2022Q2	PEYE	Acquisition Earn Out Liability Current AcquisitionEarnOutLiabilityCurrent	166667	usd
CY2021Q2	PEYE	Acquisition Earn Out Liability Current AcquisitionEarnOutLiabilityCurrent	166667	usd
CY2022Q2	us-gaap	Accounts Payable Current AccountsPayableCurrent	2239175	usd
CY2021Q2	us-gaap	Accounts Payable Current AccountsPayableCurrent	1205149	usd
CY2022Q2	us-gaap	Contract With Customer Liability Current ContractWithCustomerLiabilityCurrent	905113	usd
CY2021Q2	us-gaap	Contract With Customer Liability Current ContractWithCustomerLiabilityCurrent	450084	usd
CY2022Q2	us-gaap	Employee Related Liabilities Current EmployeeRelatedLiabilitiesCurrent	716702	usd
CY2021Q2	us-gaap	Employee Related Liabilities Current EmployeeRelatedLiabilitiesCurrent	589616	usd
CY2022Q2	us-gaap	Operating Lease Liability Current OperatingLeaseLiabilityCurrent	150565	usd
CY2021Q2	us-gaap	Operating Lease Liability Current OperatingLeaseLiabilityCurrent	61247	usd
CY2022Q2	us-gaap	Liabilities Current LiabilitiesCurrent	4586641	usd
CY2021Q2	us-gaap	Liabilities Current LiabilitiesCurrent	2511110	usd
CY2022Q2	us-gaap	Finance Lease Liability Noncurrent FinanceLeaseLiabilityNoncurrent	111691	usd
CY2021Q2	us-gaap	Finance Lease Liability Noncurrent FinanceLeaseLiabilityNoncurrent	152397	usd
CY2022Q2	us-gaap	Long Term Debt Noncurrent LongTermDebtNoncurrent	1961141	usd
CY2021Q2	us-gaap	Long Term Debt Noncurrent LongTermDebtNoncurrent	0	usd
CY2022Q2	PEYE	Acquisition Earn Out Liability Noncurrent AcquisitionEarnOutLiabilityNoncurrent	705892	usd
CY2021Q2	PEYE	Acquisition Earn Out Liability Noncurrent AcquisitionEarnOutLiabilityNoncurrent	166666	usd
CY2022Q2	us-gaap	Operating Lease Liability Noncurrent OperatingLeaseLiabilityNoncurrent	367160	usd
CY2021Q2	us-gaap	Operating Lease Liability Noncurrent OperatingLeaseLiabilityNoncurrent	0	usd
CY2022Q2	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.01
CY2021Q2	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.01
CY2022Q2	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	50000000	shares
CY2021Q2	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	50000000	shares
CY2022Q2	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	16915089	shares
CY2022Q2	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	16915089	shares
CY2021Q2	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	13282476	shares
CY2021Q2	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	13282476	shares
CY2022Q2	us-gaap	Common Stock Value CommonStockValue	169150	usd
CY2021Q2	us-gaap	Common Stock Value CommonStockValue	132825	usd
CY2022Q2	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	56896739	usd
CY2021Q2	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	50464280	usd
CY2022Q2	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-48094394	usd
CY2021Q2	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-47165978	usd
CY2022Q2	us-gaap	Stockholders Equity StockholdersEquity	8971495	usd
CY2021Q2	us-gaap	Stockholders Equity StockholdersEquity	3431127	usd
CY2022Q2	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	16704020	usd
CY2021Q2	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	6261300	usd
CY2022	us-gaap	Revenues Revenues	15678248	usd
CY2021	us-gaap	Revenues Revenues	10674907	usd
CY2022	us-gaap	Cost Of Revenue CostOfRevenue	10750061	usd
CY2021	us-gaap	Cost Of Revenue CostOfRevenue	7241322	usd
CY2022	us-gaap	Gross Profit GrossProfit	4928187	usd
CY2021	us-gaap	Gross Profit GrossProfit	3433585	usd
CY2022	us-gaap	Research And Development Expense ResearchAndDevelopmentExpense	666479	usd
CY2021	us-gaap	Research And Development Expense ResearchAndDevelopmentExpense	624253	usd
CY2022	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	5613473	usd
CY2021	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	3714915	usd
CY2022	us-gaap	Business Combination Acquisition Related Costs BusinessCombinationAcquisitionRelatedCosts	162125	usd
CY2021	us-gaap	Business Combination Acquisition Related Costs BusinessCombinationAcquisitionRelatedCosts	0	usd
CY2022	us-gaap	Operating Expenses OperatingExpenses	6442077	usd
CY2021	us-gaap	Operating Expenses OperatingExpenses	4339168	usd
CY2022	us-gaap	Operating Income Loss OperatingIncomeLoss	-1513890	usd
CY2021	us-gaap	Operating Income Loss OperatingIncomeLoss	-905583	usd
CY2022	us-gaap	Interest Expense InterestExpense	155658	usd
CY2021	us-gaap	Interest Expense InterestExpense	5302	usd
CY2022	us-gaap	Gains Losses On Extinguishment Of Debt GainsLossesOnExtinguishmentOfDebt	0	usd
CY2021	us-gaap	Gains Losses On Extinguishment Of Debt GainsLossesOnExtinguishmentOfDebt	808962	usd
CY2022	PEYE	Gain On Revaluation Of Contingent Earnout Liability GainOnRevaluationOfContingentEarnoutLiability	742084	usd
CY2021	PEYE	Gain On Revaluation Of Contingent Earnout Liability GainOnRevaluationOfContingentEarnoutLiability	0	usd
CY2022	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	-927464	usd
CY2021	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	-101923	usd
CY2022	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	952	usd
CY2021	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	912	usd
CY2022	us-gaap	Net Income Loss NetIncomeLoss	-928416	usd
CY2021	us-gaap	Net Income Loss NetIncomeLoss	-102835	usd
CY2022	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.06
CY2022	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.06
CY2021	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.01
CY2021	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.01
CY2022	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	15887161	shares
CY2022	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	15887161	shares
CY2021	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	13281351	shares
CY2021	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	13281351	shares
CY2020Q2	us-gaap	Stockholders Equity StockholdersEquity	2771761	usd
CY2021	us-gaap	Stock Issued During Period Value Stock Options Exercised StockIssuedDuringPeriodValueStockOptionsExercised	28271	usd
CY2021	us-gaap	Shares Paid For Tax Withholding For Share Based Compensation SharesPaidForTaxWithholdingForShareBasedCompensation	21313	shares
CY2021	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	733930	usd
CY2021	us-gaap	Net Income Loss NetIncomeLoss	-102835	usd
CY2021Q2	us-gaap	Stockholders Equity StockholdersEquity	3431127	usd
CY2022	us-gaap	Stock Issued During Period Value New Issues StockIssuedDuringPeriodValueNewIssues	1490000	usd
CY2022	us-gaap	Stock Issued During Period Value Acquisitions StockIssuedDuringPeriodValueAcquisitions	4000000	usd
CY2022	us-gaap	Stock Issued During Period Value Stock Options Exercised StockIssuedDuringPeriodValueStockOptionsExercised	63290	usd
CY2022	us-gaap	Stock Issued During Period Value Share Based Compensation StockIssuedDuringPeriodValueShareBasedCompensation	20000	usd
CY2022	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	895494	usd
CY2022	us-gaap	Net Income Loss NetIncomeLoss	-928416	usd
CY2022Q2	us-gaap	Stockholders Equity StockholdersEquity	8971495	usd
CY2022	us-gaap	Net Income Loss NetIncomeLoss	-928416	usd
CY2021	us-gaap	Net Income Loss NetIncomeLoss	-102835	usd
CY2022	PEYE	Gain On Revaluation Of Contingent Earnout Liability GainOnRevaluationOfContingentEarnoutLiability	742084	usd
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CY2022	us-gaap	Share Based Compensation ShareBasedCompensation	915494	usd
CY2021	us-gaap	Share Based Compensation ShareBasedCompensation	733930	usd
CY2022	us-gaap	Amortization Of Debt Discount Premium AmortizationOfDebtDiscountPremium	55017	usd
CY2021	us-gaap	Amortization Of Debt Discount Premium AmortizationOfDebtDiscountPremium	0	usd
CY2022	us-gaap	Gains Losses On Extinguishment Of Debt GainsLossesOnExtinguishmentOfDebt	-0	usd
CY2021	us-gaap	Gains Losses On Extinguishment Of Debt GainsLossesOnExtinguishmentOfDebt	808962	usd
CY2022	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	108140	usd
CY2021	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	397318	usd
CY2022	us-gaap	Increase Decrease In Due From Related Parties IncreaseDecreaseInDueFromRelatedParties	-84210	usd
CY2022	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	680744	usd
CY2021	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	-311849	usd
CY2022	us-gaap	Increase Decrease In Prepaid Expense IncreaseDecreaseInPrepaidExpense	-19312	usd
CY2021	us-gaap	Increase Decrease In Prepaid Expense IncreaseDecreaseInPrepaidExpense	16928	usd
CY2022	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	819284	usd
CY2021	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	139144	usd
CY2022	us-gaap	Increase Decrease In Contract With Customer Liability IncreaseDecreaseInContractWithCustomerLiability	-371650	usd
CY2021	us-gaap	Increase Decrease In Contract With Customer Liability IncreaseDecreaseInContractWithCustomerLiability	33025	usd
CY2022	us-gaap	Increase Decrease In Other Accounts Payable And Accrued Liabilities IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities	-185875	usd
CY2021	us-gaap	Increase Decrease In Other Accounts Payable And Accrued Liabilities IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities	7846	usd
CY2022	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-933371	usd
CY2021	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	46550	usd
CY2022	us-gaap	Other Payments To Acquire Businesses OtherPaymentsToAcquireBusinesses	255062	usd
CY2021	us-gaap	Other Payments To Acquire Businesses OtherPaymentsToAcquireBusinesses	-0	usd
CY2022	us-gaap	Payments To Acquire Intangible Assets PaymentsToAcquireIntangibleAssets	39543	usd
CY2021	us-gaap	Payments To Acquire Intangible Assets PaymentsToAcquireIntangibleAssets	46473	usd
CY2022	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	113197	usd
CY2021	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	75924	usd
CY2022	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-407802	usd
CY2021	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-122397	usd
CY2022	us-gaap	Repayments Of Debt And Capital Lease Obligations RepaymentsOfDebtAndCapitalLeaseObligations	38349	usd
CY2021	us-gaap	Repayments Of Debt And Capital Lease Obligations RepaymentsOfDebtAndCapitalLeaseObligations	58804	usd
CY2022	us-gaap	Repayments Of Long Term Debt RepaymentsOfLongTermDebt	247002	usd
CY2021	us-gaap	Repayments Of Long Term Debt RepaymentsOfLongTermDebt	-0	usd
CY2022	us-gaap	Payments Of Debt Issuance Costs PaymentsOfDebtIssuanceCosts	26000	usd
CY2021	us-gaap	Payments Of Debt Issuance Costs PaymentsOfDebtIssuanceCosts	-0	usd
CY2022	PEYE	Payment Of Acquisition Earnout Liability PaymentOfAcquisitionEarnoutLiability	166667	usd
CY2021	PEYE	Payment Of Acquisition Earnout Liability PaymentOfAcquisitionEarnoutLiability	166667	usd
CY2022	us-gaap	Proceeds From Issuance Of Private Placement ProceedsFromIssuanceOfPrivatePlacement	1500000	usd
CY2021	us-gaap	Proceeds From Issuance Of Private Placement ProceedsFromIssuanceOfPrivatePlacement	0	usd
CY2022	us-gaap	Proceeds From Stock Options Exercised ProceedsFromStockOptionsExercised	63290	usd
CY2021	us-gaap	Proceeds From Stock Options Exercised ProceedsFromStockOptionsExercised	28271	usd
CY2022	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	1085272	usd
CY2021	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-197200	usd
CY2022	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect	-255901	usd
CY2021	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect	-273047	usd
CY2021Q2	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	861650	usd
CY2020Q2	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	1134697	usd
CY2022Q2	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	605749	usd
CY2021Q2	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	861650	usd
CY2022	us-gaap	Income Taxes Paid IncomeTaxesPaid	912	usd
CY2021	us-gaap	Income Taxes Paid IncomeTaxesPaid	2165	usd
CY2022	us-gaap	Stock Issued During Period Value Issued For Services StockIssuedDuringPeriodValueIssuedForServices	20000	usd
CY2021	us-gaap	Stock Issued During Period Value Issued For Services StockIssuedDuringPeriodValueIssuedForServices	0	usd
CY2022	PEYE	Acquisition Of Business Financed With Longterm Debt AcquisitionOfBusinessFinancedWithLongtermDebt	2600000	usd
CY2021	PEYE	Acquisition Of Business Financed With Longterm Debt AcquisitionOfBusinessFinancedWithLongtermDebt	0	usd
CY2022	PEYE	Common Stock Issued In Business Acquisition CommonStockIssuedInBusinessAcquisition	4000000	usd
CY2021	PEYE	Common Stock Issued In Business Acquisition CommonStockIssuedInBusinessAcquisition	0	usd
CY2022	PEYE	Acquisition Of Manufacturing Equipment Under Capital Lease AcquisitionOfManufacturingEquipmentUnderCapitalLease	0	usd
CY2021	PEYE	Acquisition Of Manufacturing Equipment Under Capital Lease AcquisitionOfManufacturingEquipmentUnderCapitalLease	161976	usd
CY2022	us-gaap	Revenues Revenues	15678248	usd
CY2021	us-gaap	Revenues Revenues	10674907	usd
CY2021	PEYE	Loss Per Share Basic And Diluted LossPerShareBasicAndDiluted	-0.01
CY2022	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	2714000	shares
CY2021	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	2578200	shares
CY2022Q2	us-gaap	Product Warranty Accrual ProductWarrantyAccrual	25000	usd
CY2021Q2	us-gaap	Product Warranty Accrual ProductWarrantyAccrual	25000	usd
CY2021Q2	us-gaap	Contract With Customer Liability Current ContractWithCustomerLiabilityCurrent	450084	usd
CY2020Q2	us-gaap	Contract With Customer Liability Current ContractWithCustomerLiabilityCurrent	417059	usd
CY2022	us-gaap	Increase Decrease In Deferred Revenue IncreaseDecreaseInDeferredRevenue	3780215	usd
CY2021	us-gaap	Increase Decrease In Deferred Revenue IncreaseDecreaseInDeferredRevenue	1322005	usd
CY2022	PEYE	Revenue Recognized RevenueRecognized	3325186	usd
CY2021	PEYE	Revenue Recognized RevenueRecognized	1288980	usd
CY2022Q2	us-gaap	Contract With Customer Liability Current ContractWithCustomerLiabilityCurrent	905113	usd
CY2021Q2	us-gaap	Contract With Customer Liability Current ContractWithCustomerLiabilityCurrent	450084	usd
CY2022Q2	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	605749	usd
CY2021Q2	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	861650	usd
CY2022Q2	us-gaap	Inventory Raw Materials And Supplies Net Of Reserves InventoryRawMaterialsAndSuppliesNetOfReserves	1414996	usd
CY2021Q2	us-gaap	Inventory Raw Materials And Supplies Net Of Reserves InventoryRawMaterialsAndSuppliesNetOfReserves	626255	usd
CY2022Q2	us-gaap	Inventory Work In Process Net Of Reserves InventoryWorkInProcessNetOfReserves	460460	usd
CY2021Q2	us-gaap	Inventory Work In Process Net Of Reserves InventoryWorkInProcessNetOfReserves	453117	usd
CY2022Q2	us-gaap	Inventory Finished Goods Net Of Reserves InventoryFinishedGoodsNetOfReserves	1146691	usd
CY2021Q2	us-gaap	Inventory Finished Goods Net Of Reserves InventoryFinishedGoodsNetOfReserves	806023	usd
CY2022Q2	us-gaap	Inventory Net InventoryNet	3022147	usd
CY2021Q2	us-gaap	Inventory Net InventoryNet	1885395	usd
CY2022	PEYE	Schedule Of Estimated Useful Lives ScheduleOfEstimatedUsefulLives	<table cellpadding="0" cellspacing="0" id="xdx_89B_ecustom--ScheduleOfEstimatedUsefulLives_zOv5q1jSIs13" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse" summary="xdx: Disclosure - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details - Estimated useful lives)"> <tr style="vertical-align: bottom"> <td><span id="xdx_8BE_zLaH9y8MbGGi"><span id="xdx_8B5_zIeyH7zeLdTh" style="display: none">Schedule of estimated useful lives</span></span></td> <td> </td> <td> </td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: black 1pt solid; width: 40%"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Asset Classification</b></span></td> <td style="width: 2%"> </td> <td style="border-bottom: black 1pt solid; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Estimated Useful Life</b></span></td></tr> <tr style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Machinery and equipment</span></td> <td> </td> <td id="xdx_987_eus-gaap--PropertyPlantAndEquipmentEstimatedUsefulLives_c20210701__20220630__us-gaap--PropertyPlantAndEquipmentByTypeAxis__us-gaap--MachineryAndEquipmentMember_zM0YEUnqt8ra" title="Estimated useful lives"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">2-7 years</span></td></tr> <tr style="vertical-align: bottom; background-color: White"> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Leasehold improvements</span></td> <td> </td> <td id="xdx_98B_eus-gaap--PropertyPlantAndEquipmentEstimatedUsefulLives_c20210701__20220630_zHPbBUNBgIWb" title="Estimated useful lives"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Shorter of lease term or estimated useful life</span></td></tr> <tr style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Furniture and fixtures</span></td> <td> </td> <td id="xdx_980_eus-gaap--PropertyPlantAndEquipmentEstimatedUsefulLives_c20210701__20220630__us-gaap--PropertyPlantAndEquipmentByTypeAxis__us-gaap--FurnitureAndFixturesMember" title="Estimated useful lives"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">5 years</span></td></tr> <tr style="vertical-align: bottom; background-color: White"> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Vehicles</span></td> <td> </td> <td id="xdx_98B_eus-gaap--PropertyPlantAndEquipmentEstimatedUsefulLives_c20210701__20220630__us-gaap--PropertyPlantAndEquipmentByTypeAxis__us-gaap--VehiclesMember" title="Estimated useful lives"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">3 years</span></td></tr> </table>
CY2022	us-gaap	Property Plant And Equipment Estimated Useful Lives PropertyPlantAndEquipmentEstimatedUsefulLives	Shorter of lease term or estimated useful life
CY2022	us-gaap	Depreciation And Amortization DepreciationAndAmortization	245238	usd
CY2021	us-gaap	Depreciation And Amortization DepreciationAndAmortization	146799	usd
CY2022	us-gaap	Concentration Risk Credit Risk ConcentrationRiskCreditRisk	<p id="xdx_84F_eus-gaap--ConcentrationRiskCreditRisk_zyvlHn2GhV35" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"> <tr style="vertical-align: top"> <td style="width: 5%; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>(g)</b></span></td> <td style="width: 95%; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><span id="xdx_86A_zfEXzXQiYGra">Significant Customers and Concentration of Credit Risk</span></b></span></td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Financial instruments that subject the Company to credit risk consist primarily of cash equivalents and trade accounts receivable. The Company places its investments with highly rated financial institutions. The Company has not experienced any losses on these investments to date. At June 30, 2022, no individual customer accounted for more <span id="xdx_906_eus-gaap--ConcentrationRiskPercentage1_dp_c20210701__20220630__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--AccountsReceivableMember__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember__srt--MajorCustomersAxis__custom--LargestCustomerMember_zeN96wg8gluh" title="Concentration risk percentage">10</span>% of the Company’s total accounts receivable. At June 30, 2021, the Company’s largest customer account receivable balance was <span id="xdx_90C_eus-gaap--ConcentrationRiskPercentage1_dp_c20200701__20210630__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--AccountsReceivableMember__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember__srt--MajorCustomersAxis__custom--LargestCustomerMember_zujtzlFxpOa2" title="Concentration risk percentage">16</span>% of total accounts receivable, and no other account totaled more than 10% of the accounts receivable balance at June 30, 2021.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The allowance for doubtful accounts receivable was $<span id="xdx_907_eus-gaap--AllowanceForDoubtfulAccountsReceivable_iI_c20220630_zISuLC2jtahb" title="Allowance for doubtful accounts receivable">44,135</span> at June 30, 2022, and $<span id="xdx_901_eus-gaap--AllowanceForDoubtfulAccountsReceivable_iI_c20210630_zdgBaoWtzE57" title="Allowance for doubtful accounts receivable">251,383</span> at June 30, 2021. $227,500 of the reserve at June 30, 2021, was established in fiscal year 2018 relating to one specific customer, which was written off as uncollectable in fiscal year 2022. Other than these doubtful accounts receivable, the Company has not experienced any material losses related to accounts receivable from individual customers. The Company generally does not require collateral or other security as a condition of sale, rather it relies on credit approval, balance limitation and monitoring procedures to control credit risk in trade account financial instruments. Management believes the allowance for doubtful accounts, which is established based upon review of specific account balances and historical experience, is adequate at June 30, 2022.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The Company had revenues from 377 unique customers during fiscal year 2022, and no single customer accounted for 10% or more of the Company’s revenue for the fiscal years ended June 30, 2022, or 2021.</p>
CY2022Q2	us-gaap	Allowance For Doubtful Accounts Receivable AllowanceForDoubtfulAccountsReceivable	44135	usd
CY2021Q2	us-gaap	Allowance For Doubtful Accounts Receivable AllowanceForDoubtfulAccountsReceivable	251383	usd
CY2022	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	-928416	usd
CY2021	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	-102835	usd
CY2022	PEYE	Weighted Average Shares Outstanding Fully Diluted WeightedAverageSharesOutstandingFullyDiluted	15887161	shares
CY2021	PEYE	Weighted Average Shares Outstanding Fully Diluted WeightedAverageSharesOutstandingFullyDiluted	13281351	shares
CY2022	PEYE	Loss Per Share Basic And Diluted LossPerShareBasicAndDiluted	-0.06
CY2022	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	895494	usd
CY2021	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	733930	usd
CY2022	us-gaap	Asset Impairment Charges AssetImpairmentCharges	0	usd
CY2021	us-gaap	Asset Impairment Charges AssetImpairmentCharges	0	usd
CY2021Q2	us-gaap	Product Warranty Accrual ProductWarrantyAccrual	25000	usd
CY2020Q2	us-gaap	Product Warranty Accrual ProductWarrantyAccrual	25000	usd
CY2022	us-gaap	Product Warranty Expense ProductWarrantyExpense	0	usd
CY2021	us-gaap	Product Warranty Expense ProductWarrantyExpense	7611	usd
CY2022	us-gaap	Product Warranty Accrual Payments ProductWarrantyAccrualPayments	-0	usd
CY2021	us-gaap	Product Warranty Accrual Payments ProductWarrantyAccrualPayments	7611	usd
CY2022	us-gaap	Use Of Estimates UseOfEstimates	<p id="xdx_848_eus-gaap--UseOfEstimates_zShSvmGalvXb" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: -0.5in"> </p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"> <tr style="vertical-align: top"> <td style="width: 5%"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>(q)</b></span></td> <td style="width: 95%"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><span id="xdx_86F_zGDa6Botf3k3">Use of Estimates</span></b></span></td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The preparation of financial statements in conformity with accounting standards generally accepted in the United States requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.</p>
	PEYE	Earn Out Consideration Description EarnOutConsiderationDescription	$750,000 per annum from October 1, 2021 to September 30, 2023
CY2022Q2	us-gaap	Finance Lease Liability Undiscounted Excess Amount FinanceLeaseLiabilityUndiscountedExcessAmount	16765	usd
CY2022Q2	us-gaap	Finance Lease Liability FinanceLeaseLiability	152396	usd
CY2022Q2	us-gaap	Finance Lease Liability Current FinanceLeaseLiabilityCurrent	40705	usd
CY2022Q2	us-gaap	Finance Lease Liability Noncurrent FinanceLeaseLiabilityNoncurrent	111691	usd
CY2022	us-gaap	Operating Lease Expense OperatingLeaseExpense	203355	usd
CY2021	us-gaap	Operating Lease Expense OperatingLeaseExpense	172903	usd
CY2022	us-gaap	Business Combination Price Of Acquisition Expected BusinessCombinationPriceOfAcquisitionExpected	253914	usd
CY2022	us-gaap	Other Income OtherIncome	419076	usd
CY2022	us-gaap	Business Acquisitions Pro Forma Revenue BusinessAcquisitionsProFormaRevenue	17122585	usd
CY2021	us-gaap	Business Acquisitions Pro Forma Revenue BusinessAcquisitionsProFormaRevenue	15626745	usd
CY2022	us-gaap	Business Acquisitions Pro Forma Net Income Loss BusinessAcquisitionsProFormaNetIncomeLoss	-871121	usd
CY2021	us-gaap	Business Acquisitions Pro Forma Net Income Loss BusinessAcquisitionsProFormaNetIncomeLoss	94617	usd
CY2022	us-gaap	Basic Earnings Per Share Pro Forma BasicEarningsPerShareProForma	-0.05
CY2021	us-gaap	Basic Earnings Per Share Pro Forma BasicEarningsPerShareProForma	0.01
CY2022	us-gaap	Diluted Earnings Per Share Pro Forma DilutedEarningsPerShareProForma	-0.05
CY2021	us-gaap	Diluted Earnings Per Share Pro Forma DilutedEarningsPerShareProForma	0.01
CY2019Q3	PEYE	Earnout Contingent EarnoutContingent	500000	usd
CY2022Q2	us-gaap	Recorded Unconditional Purchase Obligation Due Within One Year RecordedUnconditionalPurchaseObligationDueWithinOneYear	166667	usd
CY2022Q2	PEYE	Acquisition Earn Out Liability Current AcquisitionEarnOutLiabilityCurrent	166667	usd
CY2021Q4	PEYE	Earnout Contingent EarnoutContingent	1500000	usd
CY2021Q4	us-gaap	Recorded Unconditional Purchase Obligation Due Within One Year RecordedUnconditionalPurchaseObligationDueWithinOneYear	750000	usd
CY2022Q2	us-gaap	Long Term Line Of Credit LongTermLineOfCredit	750000	usd
CY2022Q2	us-gaap	Finance Lease Liability Payments Due Year Two FinanceLeaseLiabilityPaymentsDueYearTwo	48619	usd
CY2022Q2	us-gaap	Lessee Operating Lease Liability Payments Due Year Two LesseeOperatingLeaseLiabilityPaymentsDueYearTwo	182652	usd
CY2022Q2	us-gaap	Finance Lease Liability Payments Due Year Three FinanceLeaseLiabilityPaymentsDueYearThree	43919	usd
CY2022Q2	us-gaap	Lessee Operating Lease Liability Payments Due Year Three LesseeOperatingLeaseLiabilityPaymentsDueYearThree	183775	usd
CY2022Q2	us-gaap	Finance Lease Liability Payments Due Year Four FinanceLeaseLiabilityPaymentsDueYearFour	28004	usd
CY2022Q2	us-gaap	Lessee Operating Lease Liability Payments Due Year Four LesseeOperatingLeaseLiabilityPaymentsDueYearFour	11477	usd
CY2022Q2	us-gaap	Finance Lease Liability Payments Due FinanceLeaseLiabilityPaymentsDue	169161	usd
CY2022Q2	us-gaap	Lessee Operating Lease Liability Payments Due LesseeOperatingLeaseLiabilityPaymentsDue	559460	usd
CY2022Q2	us-gaap	Termination Loans TerminationLoans	2352381	usd
CY2022Q2	PEYE	Current Maturities CurrentMaturities	367714	usd
CY2022Q2	us-gaap	Accumulated Amortization Deferred Finance Costs AccumulatedAmortizationDeferredFinanceCosts	2167	usd
CY2022Q2	us-gaap	Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet	23526	usd
CY2022Q2	us-gaap	Long Term Debt Noncurrent LongTermDebtNoncurrent	1961141	usd
CY2022Q2	us-gaap	Long Term Debt And Capital Lease Obligations Repayments Of Principal In Next Twelve Months LongTermDebtAndCapitalLeaseObligationsRepaymentsOfPrincipalInNextTwelveMonths	371429	usd
CY2022Q2	us-gaap	Long Term Debt And Capital Lease Obligations Maturities Repayments Of Principal In Year Two LongTermDebtAndCapitalLeaseObligationsMaturitiesRepaymentsOfPrincipalInYearTwo	371429	usd
CY2022Q2	us-gaap	Long Term Debt And Capital Lease Obligations Maturities Repayments Of Principal In Year Three LongTermDebtAndCapitalLeaseObligationsMaturitiesRepaymentsOfPrincipalInYearThree	371429	usd
CY2022Q2	us-gaap	Long Term Debt And Capital Lease Obligations Maturities Repayments Of Principal In Year Four LongTermDebtAndCapitalLeaseObligationsMaturitiesRepaymentsOfPrincipalInYearFour	371429	usd
CY2022Q2	us-gaap	Long Term Debt And Capital Lease Obligations Maturities Repayments Of Principal In Year Five LongTermDebtAndCapitalLeaseObligationsMaturitiesRepaymentsOfPrincipalInYearFive	371429	usd
CY2022Q2	us-gaap	Long Term Debt And Capital Lease Obligations Maturities Repayments Of Principal After Year Five LongTermDebtAndCapitalLeaseObligationsMaturitiesRepaymentsOfPrincipalAfterYearFive	495236	usd
CY2022Q2	us-gaap	Long Term Debt LongTermDebt	2352381	usd
CY2022Q2	PEYE	Net Book Value Of Fixed Assets Under Capital Leases NetBookValueOfFixedAssetsUnderCapitalLeases	146154	usd
CY2022	us-gaap	Lease Expiration Date1 LeaseExpirationDate1	2025-07-31
CY2022Q2	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	517725	usd
CY2022Q2	us-gaap	Finance Lease Liability Payments Due Next Twelve Months FinanceLeaseLiabilityPaymentsDueNextTwelveMonths	48619	usd
CY2022Q2	us-gaap	Lessee Operating Lease Liability Payments Due Next Twelve Months LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths	181556	usd
CY2022	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	895494	usd
CY2021	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	733930	usd
CY2022	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet	0	usd
CY2021	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet	0	usd
CY2022	us-gaap	Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1 SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1	P5Y3M18D
CY2022	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate	0.030	pure
CY2022	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate	1	pure
CY2022	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Weighted Average Expected Dividend ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsWeightedAverageExpectedDividend	0	usd
CY2022	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue	2.11
CY2021Q4	us-gaap	Share Based Compensation ShareBasedCompensation	20000	usd
	us-gaap	Stock Issued During Period Shares New Issues StockIssuedDuringPeriodSharesNewIssues	200000	shares
	us-gaap	Stock Issued During Period Shares New Issues StockIssuedDuringPeriodSharesNewIssues	937500	shares
	us-gaap	Stock Issued During Period Shares New Issues StockIssuedDuringPeriodSharesNewIssues	2500000	shares
CY2022	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	952	usd
CY2021	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	912	usd
CY2021Q2	us-gaap	Deferred Tax Assets Liabilities Net DeferredTaxAssetsLiabilitiesNet	0	usd
CY2022	us-gaap	Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate	0.210	pure
CY2021	us-gaap	Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate	0.210	pure
CY2022	us-gaap	Effective Income Tax Rate Reconciliation State And Local Income Taxes EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes	-0.071	pure
CY2021	us-gaap	Effective Income Tax Rate Reconciliation State And Local Income Taxes EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes	-1.458	pure
CY2022	us-gaap	Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance	0.226	pure
CY2021	us-gaap	Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance	1.828	pure
CY2022	us-gaap	Effective Income Tax Rate Reconciliation Nondeductible Expense Share Based Compensation Cost EffectiveIncomeTaxRateReconciliationNondeductibleExpenseShareBasedCompensationCost	0.269	pure
CY2021	us-gaap	Effective Income Tax Rate Reconciliation Nondeductible Expense Share Based Compensation Cost EffectiveIncomeTaxRateReconciliationNondeductibleExpenseShareBasedCompensationCost	1.950	pure
CY2022	PEYE	Forgiveness Of Bank Note Percentage ForgivenessOfBankNotePercentage	0	pure
CY2021	PEYE	Forgiveness Of Bank Note Percentage ForgivenessOfBankNotePercentage	-2.149	pure
CY2022	PEYE	Revaluation Of Contingent Earn Out Liability RevaluationOfContingentEarnOutLiability	-0.218	pure
CY2021	PEYE	Revaluation Of Contingent Earn Out Liability RevaluationOfContingentEarnOutLiability	0	pure
CY2022	us-gaap	Effective Income Tax Rate Reconciliation Nondeductible Expense EffectiveIncomeTaxRateReconciliationNondeductibleExpense	0.003	pure
CY2021	us-gaap	Effective Income Tax Rate Reconciliation Nondeductible Expense EffectiveIncomeTaxRateReconciliationNondeductibleExpense	0.030	pure
CY2022	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	-0.001	pure
CY2021	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	-0.009	pure
CY2022Q2	us-gaap	Deferred Tax Assets Operating Loss Carryforwards DeferredTaxAssetsOperatingLossCarryforwards	2640000	usd
CY2021Q2	us-gaap	Deferred Tax Assets Operating Loss Carryforwards DeferredTaxAssetsOperatingLossCarryforwards	2403000	usd
CY2022Q2	us-gaap	Deferred Tax Assets Tax Credit Carryforwards DeferredTaxAssetsTaxCreditCarryforwards	164000	usd
CY2021Q2	us-gaap	Deferred Tax Assets Tax Credit Carryforwards DeferredTaxAssetsTaxCreditCarryforwards	186000	usd
CY2022Q2	us-gaap	Deferred Tax Assets Tax Deferred Expense Reserves And Accruals DeferredTaxAssetsTaxDeferredExpenseReservesAndAccruals	512000	usd
CY2021Q2	us-gaap	Deferred Tax Assets Tax Deferred Expense Reserves And Accruals DeferredTaxAssetsTaxDeferredExpenseReservesAndAccruals	668000	usd
CY2022Q2	us-gaap	Deferred Tax Assets Gross DeferredTaxAssetsGross	3316000	usd
CY2021Q2	us-gaap	Deferred Tax Assets Gross DeferredTaxAssetsGross	3257000	usd
CY2022Q2	us-gaap	Deferred Tax Assets Valuation Allowance DeferredTaxAssetsValuationAllowance	3316000	usd
CY2021Q2	us-gaap	Deferred Tax Assets Valuation Allowance DeferredTaxAssetsValuationAllowance	3257000	usd
CY2022Q2	us-gaap	Deferred Tax Assets Liabilities Net DeferredTaxAssetsLiabilitiesNet	0	usd
CY2022	us-gaap	Defined Benefit Plan Contributions By Employer DefinedBenefitPlanContributionsByEmployer	0	usd
CY2021	us-gaap	Defined Benefit Plan Contributions By Employer DefinedBenefitPlanContributionsByEmployer	0	usd

Files In Submission

Name	View Source	Status
0001683168-22-006633-index-headers.html	Edgar Link	pending
0001683168-22-006633-index.html	Edgar Link	pending
0001683168-22-006633.txt	Edgar Link	pending
0001683168-22-006633-xbrl.zip	Edgar Link	pending
Financial_Report.xlsx	Edgar Link	pending
MetaLinks.json	Edgar Link	pending
peye-20220630.xsd	Edgar Link	pending
FilingSummary.xml	Edgar Link	unprocessable
poci_ex2301.htm	Edgar Link	pending
poci_ex3101.htm	Edgar Link	pending
poci_ex3102.htm	Edgar Link	pending
poci_ex3201.htm	Edgar Link	pending
poci_i10k-063022.htm	Edgar Link	pending
R1.htm	Edgar Link	pending
R10.htm	Edgar Link	pending
R11.htm	Edgar Link	pending
R12.htm	Edgar Link	pending
R13.htm	Edgar Link	pending
R14.htm	Edgar Link	pending
R15.htm	Edgar Link	pending
R16.htm	Edgar Link	pending
R17.htm	Edgar Link	pending
R18.htm	Edgar Link	pending
R19.htm	Edgar Link	pending
R2.htm	Edgar Link	pending
R20.htm	Edgar Link	pending
R21.htm	Edgar Link	pending
R22.htm	Edgar Link	pending
R23.htm	Edgar Link	pending
R24.htm	Edgar Link	pending
R25.htm	Edgar Link	pending
R26.htm	Edgar Link	pending
R27.htm	Edgar Link	pending
R28.htm	Edgar Link	pending
R29.htm	Edgar Link	pending
R3.htm	Edgar Link	pending
R30.htm	Edgar Link	pending
R31.htm	Edgar Link	pending
R32.htm	Edgar Link	pending
R33.htm	Edgar Link	pending
R34.htm	Edgar Link	pending
R35.htm	Edgar Link	pending
R36.htm	Edgar Link	pending
R37.htm	Edgar Link	pending
R38.htm	Edgar Link	pending
R39.htm	Edgar Link	pending
R4.htm	Edgar Link	pending
R40.htm	Edgar Link	pending
R41.htm	Edgar Link	pending
R42.htm	Edgar Link	pending
R43.htm	Edgar Link	pending
R5.htm	Edgar Link	pending
R6.htm	Edgar Link	pending
R7.htm	Edgar Link	pending
R8.htm	Edgar Link	pending
R9.htm	Edgar Link	pending
report.css	Edgar Link	pending
peye-20220630_lab.xml	Edgar Link	unprocessable
peye-20220630_pre.xml	Edgar Link	unprocessable
peye-20220630_def.xml	Edgar Link	unprocessable
poci_i10k-063022_htm.xml	Edgar Link	completed
Show.js	Edgar Link	pending
peye-20220630_cal.xml	Edgar Link	unprocessable

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$POCI
PRECISION OPTICS CORPORATION, INC. Stock $poci

2022 Q3 Form 10-K Financial Statement

#000168316822006633 Filed on September 27, 2022

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$POCI PRECISION OPTICS CORPORATION, INC. Stock $poci

2022 Q3 Form 10-K Financial Statement

#000168316822006633 Filed on September 27, 2022

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$POCI
PRECISION OPTICS CORPORATION, INC. Stock $poci