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CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
Sep. 30, 2017
Jun. 30, 2017
Current Assets:    
Cash and cash equivalents $ 194,714 $ 118,405
Accounts receivable, net 613,961 468,548
Inventories, net 967,285 1,055,447
Prepaid expenses 51,394 55,985
Total current assets 1,827,354 1,698,385
Property and Equipment:    
Machinery and equipment 2,507,190 2,507,190
Leasehold improvements 553,596 553,596
Furniture and fixtures 148,303 148,303
Total 3,209,089 3,209,089
Less: Accumulated depreciation and amortization (3,145,585) (3,136,835)
Net fixed assets 63,504 72,254
Patents, net 30,086 30,086
TOTAL ASSETS 1,920,944 1,800,725
Current Liabilities:    
Current portion of capital lease obligation 8,531 8,391
Accounts payable 663,302 694,958
Customer advances 122,495 180,137
Accrued employee compensation 144,873 189,783
Accrued professional services 91,500 71,000
Accrued warranty expense 25,000 25,000
Other accrued liabilities 41,175 49,512
Total current liabilities 1,096,876 1,218,781
Capital lease obligation, net of current portion 21,378 23,564
Stockholders' Equity:    
Common Stock, $0.01 par value - Authorized - 50,000,000 shares; Issued and Outstanding - 9,428,472 shares at September 30, 2017 and 8,872,916 shares at June 30, 2017 94,285 88,729
Additional paid-in capital 45,407,922 45,140,383
Accumulated deficit (44,699,517) (44,670,732)
Total stockholders' equity 802,690 558,380
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 1,920,944 $ 1,800,725