4. INCOME TAXES (Tables)

12 Months Ended

Jun. 30, 2017

Income Tax Disclosure [Abstract]

Schedule of tax rate reconciliation

	2017			2016
Income tax expense (benefit) at federal statutory rate		(34.0	)%		(34.0	)%
Increase (decrease) in tax resulting from:
State taxes, net of federal benefit		(5.4	)		(6.3	)
Change in valuation allowance		30.9			30.6
Stock based compensation		8.0			9.3
Nondeductible items		0.2			0.4
Prior-year tax adjustments		0.2			0.8
Other		–			(0.9	)
Effective tax rate		(0.1	)%		(0.1	)%

Schedule of deferred tax assets and liabilities

	2017			2016
Deferred tax assets:
Net operating loss carry forwards	$	3,716,000		$	3,396,000
Tax credit carry forwards		404,000			439,000
Reserves and accruals not yet deducted for tax purposes		383,000			362,000
Total deferred tax assets		4,503,000			4,197,000
Valuation allowance		(4,503,000	)		(4,197,000	)
Net deferred tax asset	$	–		$	–