PROPERTY AND EQUIPMENT

6 Months Ended

Dec. 31, 2015

Property And Equipment

PROPERTY AND EQUIPMENT

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

	December 31, 2015 (unaudited)			June 30, 2015
Computer equipment	$	3,293,468		$	3,269,403
Furniture and fixtures		260,574			260,574
Leasehold improvements		231,782			231,782
		3,785,824			3,761,759
Less accumulated depreciation and amortization		(3,188,131	)		(2,997,317	)
	$	597,693		$	764,442