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CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
Dec. 31, 2016
Jun. 30, 2016
Current Assets:    
Cash and cash equivalents $ 516,578 $ 50,059
Accounts receivable, net 442,087 750,380
Inventories, net 1,097,891 1,133,451
Prepaid expenses 94,044 88,129
Total current assets 2,150,600 2,022,019
Property and Equipment:    
Machinery and equipment 2,505,314 2,479,471
Leasehold improvements 553,596 553,596
Furniture and fixtures 148,303 148,303
Vehicles 0 19,674
Total 3,207,213 3,201,044
Less: Accumulated depreciation and amortization (3,119,194) (3,122,849)
Net fixed assets 88,019 78,195
Patents, net 28,722 22,874
TOTAL ASSETS 2,267,341 2,123,088
Current Liabilities:    
Current portion of capital lease obligation 8,120 7,857
Accounts payable 983,128 1,151,561
Customer advances 37,100 0
Accrued employee compensation 194,451 238,381
Accrued professional services 66,600 65,550
Accrued warranty expense 25,000 25,000
Other accrued liabilities 63,012 15,612
Total current liabilities 1,377,411 1,503,961
Capital lease obligation, net of current portion 27,828 31,955
Stockholders' Equity:    
Common Stock, $0.01 par value - Authorized - 50,000,000 shares; Issued and Outstanding - 8,872,916 shares at December 31, 2016 and 7,539,582 shares at June 30, 2016 88,729 75,396
Additional paid-in capital 45,043,151 44,176,051
Accumulated deficit (44,269,778) (43,664,275)
Total stockholders' equity 862,102 587,172
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 2,267,341 $ 2,123,088