PROPERTY AND EQUIPMENT

12 Months Ended

Jun. 30, 2015

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:

	2015			2014
Computer equipment	$	3,269,403		$	2,899,867
Furniture and fixtures		260,574			260,574
Leasehold improvements		231,782			231,782
		3,761,759			3,392,223
Less accumulated depreciation and amortization		(2,997,317	)		(2,651,470	)
	$	764,442		$	740,753

 Depreciation expense for the years ended June 30, 2015 and 2014 was $345,847 and $383,930, respectively.