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CONSOLIDATED BALANCE SHEETS (USD $)
Sep. 30, 2011
Jun. 30, 2011
Current assets:    
Cash and cash equivalents $ 14,435,452 $ 11,357,878
Accounts receivable 2,611,038 6,916,020
Inventories 129,252 934,636
Prepaid expenses and other current assets 30,271 24,918
Prepaid income taxes 88,261 88,261
Deferred tax assets, current 372,284 220,031
Advance payment to vendor 17,041 41,376
Total current assets 17,683,599 19,583,120
Property and equipment, net 400,503 440,120
Intangible assets, net 2,477,106 2,275,357
Deferred tax assets, non-current 1,482,866 1,459,119
Goodwill 273,285 273,285
Other assets 270,083 140,258
TOTAL ASSETS 22,587,442 24,171,259
Current liabilities    
Trade accounts payable 1,527,528 2,781,651
Advance payments from customers 6,279 15,507
Income taxes payable   121,362
Accrued liabilities 211,326 319,415
Marketing funds payable 1,633,806 1,633,806
Short-term borrowings 127,173 139,134
Total current liabilities 3,506,112 5,010,875
Other long-term liabilities 183,196 188,104
Total liabilities 3,689,308 5,198,979
Stockholders’ equity:    
Common stock, par value $0.001 per share, authorized 50,000,000 shares; 11,835,471 and 13,781,491shares issued and outstanding as of September 30, 2011 and June 30, 2011, respectively 13,568 13,546
Additional paid-in capital 6,472,325 6,420,672
Retained earnings 13,074,851 13,527,435
Treasury stock, 1,803,684 shares (1,873,065) (1,873,065)
Non-controlling interests 1,162,479 900,874
Accumulated other comprehensive income (loss) 47,976 (17,182)
Total stockholders’ equity 18,898,134 18,972,280
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 22,587,442 $ 24,171,259