3. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

9 Months Ended

Mar. 31, 2017

Accounting Policies [Abstract]

Segment information by geographic areas

	Three Months Ended				Nine Months Ended
	March 31,				March 31,
Net sales:	2017		2016		2017		2016
United States	$	9,407,328	$	14,145,611	$	35,943,763	$	39,616,528
Caribbean and South America		94,500		699		252,000		100,699
Europe, the Middle East and Africa (“EMEA”)		219,064		–		508,078		6,485,441
Asia		28,018		–		102,505		55,589
Totals	$	9,748,910	$	14,146,310	$	36,806,346	$	46,258,257

Long-lived assets, net (property and equipment and intangible assets):	March 31, 2017		June 30, 2016
United States	$	1,092,174	$	1,113,746
Asia		167,709		330,905
Totals	$	1,259,883	$	1,444,651

Useful lives of property and equipment

Machinery	6 years
Office equipment	5 years
Molds	3 years
Vehicles	5 years
Computers and software	5 years
Furniture and fixtures	7 years
Facilities improvements	5 years or life of the lease, whichever is shorter

Intangible Assets

The definite lived intangible assets consisted of the following as of March 31, 2017:

Definite lived intangible assets:	Expected Life	Average Remaining life		Gross Intangible Assets		Accumulated Amortization		Net Intangible Assets
Complete technology	3 years		–	$	3,799,617	$	3,799,617	$	–
Complete technology	3 years		1.0 years		2,402		1,801		601
Complete technology	3 years		1.3 years		6,405		4,270		2,135
Complete technology	3 years		3.0 years		18,397		–		18,397
Supply and development agreement	8 years		0.7 years		1,121,000		1,050,938		70,062
Technology in progress	Not Applicable		–		232,154		–		232,154
Software	3 years		2.9 years		239,398		214,745		24,653
Patents	10 years		9.2 years		58,391		4,197		54,194
Certifications and licenses	3 years		1.5 years		2,609,936		2,001,375		608,561
Total as of March 31, 2017				$	8,087,700	$	7,076,943	$	1,010,757

The definite lived intangible assets consisted of the following as of June 30, 2016:

Definite lived intangible assets:	Expected Life	Average Remaining life		Gross Intangible Assets		Accumulated Amortization		Net Intangible Assets
Complete technology	3 years		–	$	3,734,617	$	3,734,617	$	–
Complete technology	3 years		0.8 years		65,000		48,750		16,250
Complete technology	3 years		1.5 years		2,402		1,201		1,201
Complete technology	3 years		1.8 years		6,405		2,669		3,736
Complete technology	3 years		3.0 years		18,397		–		18,397
Supply and development agreement	8 years		1.2 years		1,121,000		945,844		175,156
Technology in progress	Not Applicable		–		157,492		–		157,492
Software	5 years		1.3 years		214,398		203,941		10,457
Patents	10 years		7.0 years		58,391		2,705		55,686
Certifications and licenses	3 years		2.0 years		2,472,359		1,783,847		688,512
Total as of June 30, 2016				$	7,850,461	$	6,723,574	$	1,126,887