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CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
Mar. 31, 2017
Jun. 30, 2016
Current Assets:    
Cash and cash equivalents $ 158,589 $ 50,059
Accounts receivable, net 533,922 750,380
Inventories, net 1,123,222 1,133,451
Prepaid expenses 102,354 88,129
Total current assets 1,918,087 2,022,019
Property and Equipment:    
Machinery and equipment 2,507,190 2,479,471
Leasehold improvements 553,596 553,596
Furniture and fixtures 148,303 148,303
Vehicles 0 19,674
Total 3,209,089 3,201,044
Less: Accumulated depreciation and amortization (3,128,084) (3,122,849)
Net fixed assets 81,005 78,195
Patents, net 28,722 22,874
TOTAL ASSETS 2,027,814 2,123,088
Current Liabilities:    
Current portion of capital lease obligation 8,254 7,857
Accounts payable 924,413 1,151,561
Customer advances 69,421 0
Accrued employee compensation 155,700 238,381
Accrued professional services 42,000 65,550
Accrued warranty expense 25,000 25,000
Other accrued liabilities 28,200 15,612
Total current liabilities 1,252,988 1,503,961
Capital lease obligation, net of current portion 25,714 31,955
Stockholders' Equity:    
Common Stock, $0.01 par value - Authorized - 50,000,000 shares; Issued and Outstanding - 8,872,916 shares at March 31, 2017 and 7,539,582 shares at June 30, 2016 88,729 75,396
Additional paid-in capital 45,093,514 44,176,051
Accumulated deficit (44,433,131) (43,664,275)
Total stockholders' equity 749,112 587,172
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 2,027,814 $ 2,123,088