XML 17 R6.htm IDEA: XBRL DOCUMENT v3.3.1.900
Consolidated Statements Of Cash Flows - USD ($)
6 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Cash Flows from Operating Activities:    
Net income (loss) $ (558,292) $ (533,048)
Adjustments to reconcile net income (loss) to cash provided by operating activities of continuing operations:    
Income (loss) from discontinued operations 0 (16,104)
Depreciation and amortization 13,010 6,831
Compensation expense related to stock options 21,701 34,762
Increase (Decrease) in Pension and Postretirement Obligations 35,360 (30,052)
Increase(decrease) in liability of discontinued operations 1,072 0
Change in operating assets and liabilities:    
Accounts receivable, net 437,231 (340,044)
Inventory, net (225,294) 526,097
Other current and long-term assets (40,341) 70,939
Accounts payable and accrued expenses (278,118) (419,682)
Net cash (used in) operating activities from continuing operations (593,671) (668,093)
Net cash provided by (used in) operating activities from discontinued operations 0 0
Net cash (used in) operating activities (593,671) (668,093)
Cash Flows from Investing Activities:    
Purchase of fixed assets (62,228) (22,277)
Net cash provided by (used in) investing activities (62,228) (22,277)
Cash Flows from Financing Activities:    
Net increase (decrease) in cash and cash equivalents (655,899) (690,370)
Cash and cash equivalents, beginning of period 1,516,761 2,009,554
Cash and cash equivalents, end of period $ 860,862 $ 1,319,184