Line of Credit (Details Textual) - USD ($) |
1 Months Ended | 9 Months Ended | |
---|---|---|---|
Jul. 23, 2010 |
Mar. 31, 2016 |
Jun. 30, 2015 |
|
Line of Credit Facility, Interest Rate Description | the prime rate plus 5.25% | ||
Line of Credit Facility, Remaining Borrowing Capacity | $ 3,172,000 | $ 2,182,000 | |
Line of Credit Facility, Interest Rate at Period End | 5.75% | ||
Silicon Valley Bank [Member] | |||
Line of Credit Facility, Amount Outstanding | $ 4,000,000 | ||
Line Of Credit Facility Expiration Date 1 | Oct. 31, 2017 | ||
Debt Instrument, Basis Spread on Variable Rate | 2.25% | ||
Line Of Credit Facility Minimum Amount Outstanding During Period | $ 800,000 | ||
Debt Instrument, Covenant Description | Financial covenants include maintaining a ratio of quick assets to current liabilities of at least 0.8 to 1.0, and maintaining tangible net worth of $600,000, plus 50% of net income for the fiscal quarter ended from and after December 31, 2015, plus 50% of the dollar value of equity issuances after October 1, 2015 and the principal amount of subordinated debt. | ||
Percentage Of Eligible Accounts Receivable On Line Of Credit | 80.00% |