Property, Plant and Equipment

12 Months Ended

Jun. 30, 2013

Property, Plant and Equipment [Abstract]

Property, Plant and Equipment Disclosure [Text Block]

Note 4 — Property, Plant and Equipment

Property, plant and equipment at June 30 consist of the following:

	2013		2012
Land	$	253,000	$	253,000
Buildings		1,203,000		1,181,000
Leasehold improvements		1,198,000		1,168,000
Machinery and equipment		11,240,000		10,728,000
		13,894,000		13,330,000
Less – accumulated depreciation		(8,972,000)		(8,470,000)
	$	4,922,000	$	4,860,000

Depreciation expense for the years ended June 30, 2013 and 2012 amounted to $699,000 and $605,000, respectively.

- Definition

The entire disclosure for long-lived, physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, accounting policies and methodology, roll forwards, depreciation, depletion and amortization expense, including composite depreciation, accumulated depreciation, depletion and amortization expense, useful lives and method used, income statement disclosures, assets held for sale and public utility disclosures.

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