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Consolidated Balance Sheets - USD ($)
Sep. 30, 2016
Jun. 30, 2016
Current assets:    
Cash and cash equivalents $ 372,533 $ 538,114
Accounts receivable, net 991,330 1,614,549
Inventory, net 2,443,786 2,107,148
Other current assets 327,699 278,830
Total current assets 4,135,348 4,538,641
Property and equipment, net 73,632 81,206
Goodwill 125,027 125,027
Indefinite-Lived Trade Names 605,006 605,006
Patents, net 1,600 2,000
Other Intangible Assets, Net 174,101 178,500
Total assets 5,114,714 5,530,380
Current liabilities:    
Pension and Other Postretirement Defined Benefit Plans, Current Liabilities 101,891 101,891
Accounts payable 1,235,327 1,091,923
Accrued expenses 1,074,162 1,226,842
Notes Payable, Related Parties 275,000 275,000
Liabilities of discontinued operations 89,774 88,660
Total current liabilities 2,776,154 2,784,316
Accrued post-retirement benefits 823,617 835,589
Total long-term liabilities 823,617 835,589
Total liabilities 3,599,771 3,619,905
Shareholders equity:    
Common stock, $0.001 par value; 35,000,000 shares authorized; 7,526,430 issued and outstanding at September 30, 2016 and June 30, 2016 7,551 7,551
Additional paid-in capital 69,701,907 69,701,907
Accumulated deficit (68,194,515) (67,798,983)
Total shareholders' equity 1,514,943 1,910,475
Total liabilities and shareholders' equity $ 5,114,714 $ 5,530,380