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Condensed Consolidated Balance Sheets (USD $)
Dec. 31, 2011
Jun. 30, 2011
ASSETS    
Cash and cash equivalents $ 1,101,072 $ 1,684,746
Accounts receivable, net 3,218,800 3,802,316
Inventory, net 4,726,296 5,184,272
Other current assets 245,655 248,642
Assets of discontinued operations 0 2,342,137
Total current assets 9,291,823 13,262,113
Property and equipment, net 447,240 540,919
Goodwill 218,208 218,208
Trademarks and trade names 694,006 694,006
Patents, net 36,684 52,931
Covenant not to compete and customer lists, net 669,807 808,640
Non-current assets of discontinued operations 0 1,699,527
Total assets 11,357,768 17,276,344
LIABILITIES AND SHAREHOLDERS' EQUITY    
Current portion of long-term debt 260,059 278,278
Related party note payable 300,000 0
Accounts payable 1,767,629 1,746,951
Accrued expenses 1,847,237 1,897,441
Liabilities of discontinued operations 0 1,671,422
Total current liabilities 4,174,925 5,594,092
Long-term debt, net of current portion 3,889,457 4,506,018
Accrued post-retirement benefits 986,102 986,102
Total long-term liabilities 4,875,559 5,492,120
Total liabilities 9,050,484 11,086,212
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 December 31, 2011 and June 30, 2011 7,526 7,526
Common stock warrants 132,114 1,733,460
Additional paid-in capital 69,336,688 67,694,959
Accumulated deficit (66,728,663) (62,404,014)
Accumulated other comprehensive loss (440,381) (841,799)
Total shareholders' equity 2,307,284 6,190,132
Total liabilities and shareholders' equity $ 11,357,768 $ 17,276,344