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PROPERTY AND EQUIPMENT (Tables)

6 Months Ended

Dec. 31, 2013

	December 31, 2013 (unaudited)		June 30, 2013
Computer equipment	$	2,805,788	$	2,444,129
Furniture and fixtures		260,574		321,281
Leasehold improvements		231,782		231,782
		3,298,144		2,997,192
Less accumulated depreciation and amortization		(2,451,601)		(2,325,233)
	$	846,543	$	671,959

- Definition

Tabular disclosure of the useful life and salvage value of long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale. Examples include land, buildings, machinery and equipment, and other types of furniture and equipment including, but not limited to, office equipment, furniture and fixtures, and computer equipment and software.

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