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Significant Accounting Policies (Tables)
12 Months Ended
Jun. 30, 2014
Accounting Policies [Abstract]  
Schedule of Composition of Inventory
The composition of inventory is as follows:

 
June 30,
 
2014
 
2013
Raw materials
$
1,278,929

 
$
742,012

Work in process
598,877

 
413,584

Finished goods
1,032,921

 
698,090

Total inventory
$
2,910,727

 
$
1,853,686

Schedule of Inventory Allowance
Valuation allowance activity for the years ended June 30, 2014 and 2013 was as follows:

 
June 30,
 
2014
 
2013
Balance, July 1
$
198,120

 
$
370,266

Provision for valuation allowance

 

Write-off’s

 
(172,146
)
Balance, June 30
$
198,120

 
$
198,120

Schedule of Allowance for Doubtful Accounts
Allowance for doubtful accounts activity for the years ended June 30, 2014 and 2013 was as follows:
 
 
June 30,
 
2014
 
2013
Balance, July 1
$
409,562

 
$
316,337

Provision for bad debts
53,755

 
156,319

Write-off’s
(151,604
)
 
(63,094
)
Balance, June 30
$
311,713

 
$
409,562

Schedule of Property, Plant and Equipment
Property and equipment consist of the following at:
 
June 30,
 
2014
 
2013
Equipment
$
863,517

 
$
861,569

Furniture and Fixtures
96,404

 
75,810

 
959,921

 
937,379

Less: Accumulated depreciation and amortization
(935,465
)
 
(924,785
)
 
$
24,456

 
$
12,594

Schedule of Reconcilliation of Denominator of Basic and Diluted Earnings per Shares
A reconciliation of the denominator of the basic and diluted earnings per share for the years ended June 30, 2014 and 2013 is as follows:
 
 
2014
 
2013
Basic Weighted average shares outstanding
7,526,430

 
7,526,430

Effect of dilutive securities—Stock options and warrants

 

Diluted weighted average shares outstanding
7,526,430

 
7,526,430