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Condensed Consolidated Balance Sheets (USD $)
Sep. 30, 2011
Jun. 30, 2011
ASSETS  
Cash and cash equivalents$ 1,871,945$ 1,915,214
Accounts receivable, net3,595,8414,764,722
Inventory, net6,351,4456,260,557
Other current assets400,212321,620
Total current assets12,219,44313,262,113
Property and equipment, net645,368650,646
Goodwill218,208218,208
Trademarks and trade names694,006694,006
Patents, net966,2461,126,990
Covenant not to compete and customer lists, net1,123,9191,215,760
Other assets68,99887,115
Total assets15,936,18817,254,838
LIABILITIES AND SHAREHOLDERS' EQUITY  
Current portion of long-term debt267,720278,278
Related-party note payable134,4880
Accounts payable2,388,1492,116,841
Accrued expenses2,476,3283,177,467
Total current liabilities5,266,6855,572,586
Long-term debt, net of current portion4,161,2444,506,018
Accrued post-retirement benefits986,102986,102
Total long-term liabilities5,147,3465,492,120
Total liabilities10,414,03111,064,706
Shareholders equity:  
Preferred stock, $0.001 par value; 2,000,000 shares authorized; no shares issued  
Common stock, $0.001 par value; 35,000,000 shares authorized; 7,526,430 issued and outstanding at September 30, 2011 and June 30, 20117,5267,526
Common stock warrants132,1141,733,460
Additional paid-in capital69,320,20367,694,959
Accumulated deficit(63,193,663)(62,404,014)
Accumulated other comprehensive loss(744,023)(841,799)
Total shareholders' equity5,522,1576,190,132
Total liabilities and shareholders' equity$ 15,936,188$ 17,254,838