PROPERTY AND EQUIPMENT

9 Months Ended

Mar. 31, 2016

Property And Equipment

PROPERTY AND EQUIPMENT

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

	March 31, 2016 (unaudited)			June 30, 2015
Computer equipment	$	3,301,390		$	3,269,403
Furniture and fixtures		260,574			260,574
Leasehold improvements		231,782			231,782
		3,793,745			3,761,759
Less accumulated depreciation and amortization		(3,281,219	)		(2,997,317	)
	$	512,526		$	764,442