WARRANTY ACCRUAL

12 Months Ended

Jun. 30, 2013

Warranty Accrual

Note 9 - WARRANTY ACCRUAL (In Thousands)

The Company provides for the estimated costs that may be incurred under its warranty program at the time the sale is recorded.  The Company provides warranty for products manufactured in the term of one year.  The Company estimates the warranty costs based on the historical rates of warranty returns. The Company periodically assesses the adequacy of its recorded warranty liability and records the amounts as necessary.

	For the Year Ended June 30,
	2013		2012
Beginning	$	60	$	29
Additions charged to cost and expenses		1		32
Recovered		-		-
Actual usage		-		-
Currency translation effect		-		(1	)
Ending	$	61	$	60