Consolidated Balance Sheets - USD ($)	Jun. 30, 2016	Jun. 30, 2015
Current assets:
Cash and cash equivalents	$ 538,114	$ 1,516,761
Accounts receivable, net	1,614,549	1,785,928
Inventory, net	2,283,148	2,219,615
Other current assets	281,330	245,520
Total current assets	4,717,141	5,767,824
Property and equipment, net	81,206	48,013
Goodwill	125,027	125,027
Trademarks and trade names	605,006	605,006
Patents, net	2,000	3,200
Total assets	5,530,380	6,549,070
Current liabilities:
Current portion of post-retirement benefits	101,891	101,891
Accounts payable	1,091,923	1,044,199
Accrued expenses	1,226,842	1,529,428
Notes Payable, Related Parties	275,000	0
Liabilities of discontinued operations	88,660	86,176
Total current liabilities	2,784,316	2,761,694
Accrued post-retirement benefits, net of current portion	835,589	797,431
Total long-term liabilities	835,589	797,431
Total liabilities	3,619,905	3,559,125
Shareholders equity:
Common stock, $0.001 par value; 35,000,000 shares authorized; 7,551,430 and 7,526,430 issued and outstanding as of June 30, 2016 and 2015, respectively	7,551	7,526
Additional paid-in capital	69,701,907	69,629,889
Accumulated deficit	(67,798,983)	(66,647,470)
Total shareholders' equity	1,910,475	2,989,945
Total liabilities and shareholders' equity	$ 5,530,380	$ 6,549,070

Carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).

Name:	us-gaap_AccountsPayableCurrent
Namespace Prefix:	us-gaap_
Data Type:	xbrli:monetaryItemType
Balance Type:	credit
Period Type:	instant

- Definition

Amount due from customers or clients, within one year of the balance sheet date (or the normal operating cycle, whichever is longer), for goods or services (including trade receivables) that have been delivered or sold in the normal course of business, reduced to the estimated net realizable fair value by an allowance established by the entity of the amount it deems uncertain of collection.