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CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
Dec. 31, 2015
Jun. 30, 2015
Current Assets:    
Cash and cash equivalents $ 410,893 $ 241,051
Accounts receivable, net 425,733 588,042
Inventories, net 1,093,756 1,073,256
Prepaid expenses 89,212 65,182
Total current assets 2,019,594 1,967,531
Property and Equipment:    
Machinery and equipment 2,435,499 2,431,127
Leasehold improvements 553,596 553,596
Furniture and fixtures 148,303 148,303
Vehicles 19,674 19,674
Total 3,157,072 3,152,700
Less: Accumulated depreciation (3,107,840) (3,096,993)
Net property and equipment 49,232 55,707
Patents, net 21,515 18,644
TOTAL ASSETS 2,090,341 2,041,882
Current Liabilities:    
Accounts payable 852,781 912,150
Customer advances 47,970 118,800
Accrued employee compensation 223,132 222,222
Accrued professional services 37,536 60,735
Accrued warranty expense 25,000 25,000
Other accrued liabilities 74,258 36,087
Total current liabilities 1,260,677 1,374,994
Stockholders' Equity:    
Common Stock, $0.01 par value - Authorized - 50,000,000 shares; Issued and Outstanding - 7,434,582 shares at December 31, 2015 and 6,389,806 shares at June 30, 2015 74,346 63,898
Additional paid-in capital 44,048,028 43,232,500
Accumulated deficit (43,292,710) (42,629,510)
Total stockholders' equity 829,664 666,888
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 2,090,341 $ 2,041,882