Equipment and Improvements

12 Months Ended

Jun. 30, 2016

Property, Plant and Equipment [Abstract]

Equipment and Improvements

5. Equipment and     Improvements     Major classes of equipment and improvements consist of the following:

June 30,	2016			2015
Furniture and equipment	$	452,632		$	451,069
Leasehold improvements		429,870			434,869
		882,502			885,938
Accumulated depreciation and amortization		(747,262	)		(697,695	)
	$	135,240		$	188,243

Depreciation and amortization of equipment and improvements amounted to approximately $54,000 and $51,000 for the fiscal years ended June 30, 2016 and 2015, respectively. The Company wrote-off and disposed of approximately $5,000 and $155,000 of fully depreciated assets in fiscal 2016 and 2015, respectively.