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PROPERTY AND EQUIPMENT
12 Months Ended
Jun. 30, 2013
Property, Plant and Equipment [Abstract]  
NOTE 5 - PROPERTY AND EQUIPMENT

Property and equipment are stated at cost and consist of the following at June 30:

 

    2013     2012  
Computer equipment   $ 2,444,129     $ 2,236,625  
Furniture and fixtures     321,281       314,823  
Leasehold improvements     231,782       141,043  
      2,997,192       2,692,491  
Less accumulated depreciation and amortization     (2,325,233)       (2,133,351)  
    $ 671,959     $ 559,140  

 

Depreciation expense for the years ended June 30, 2013 and 2012 was $332,925 and $331,612, respectively.