Quarterly Results (unaudited)

12 Months Ended

Jun. 30, 2013

Quarterly Financial Information Disclosure [Abstract]

Quarterly Financial Information [Text Block]

13. Quarterly Results (unaudited)

	FISCAL 2013
	Q1		Q2		Q3		Q4		YEAR
Net sales	$	4,570,525	$	3,474,231	$	3,023,487	$	3,758,983	$	14,827,226
Cost of goods sold (A)		1,843,899		1,626,965		1,482,329		2,474,054		7,427,247
Gross profit		2,726,626		1,847,266		1,541,158		1,284,929		7,399,979
Operating expenses:
Selling expenses		1,458,564		1,545,585		1,764,718		2,007,337		6,776,204
General and administrative expenses		1,042,332		1,092,726		1,155,613		1,155,818		4,446,489
Research and development expenses		397,131		366,257		379,901		352,769		1,496,058
Total operating expenses		2,898,027		3,004,568		3,300,232		3,515,924		12,718,751
Loss from operations		(171,401)		(1,157,302)		(1,759,074)		(2,230,995)		(5,318,772)
Other income(expense):
Interest income		13		25		18		19		75
Interest expense		-		-		-		(7)		(7)
Royalty income and license fees		222,679		522,385		1,025,153		741,438		2,511,655
Royalty(expense)/recovery		(3,698)		(1,415)		(182)		(8,066)		(13,361)
Other		(7,577)		(18,608)		(25,378)		(49,970)		(101,533)
Total other income		211,417		502,387		999,611		683,414		2,396,829
Income/(loss) from continuing operations before income taxes		40,016		(654,915)		(759,463)		(1,547,581)		(2,921,943)
Income tax expense/(benefit)		1,500		2,329		(59,126)		(19,899)		(75,196)
Net income/(loss) from continuing operations	$	38,516	$	(657,244)	$	(700,337)	$	(1,527,682)	$	(2,846,747)
Discontinued operations:
Net income/(loss) from discontinued operations net of income tax expense/(benefit) of $0, $0, $82,968 and $(3,301)		6,318		3,475		172,007		(6,018)		175,782
Net income/(loss) from discontinued operations		6,318		3,475		172,007		(6,018)		175,782
Net income/(loss)	$	44,834	$	(653,769)	$	(528,330)	$	(1,533,700)	$	(2,670,965)
Net income/(loss) per share from continuing operations - Basic	$	0.01	$	(0.09)	$	(0.10)	$	(0.22)	$	(0.40)
Net income per share from discontinued operations – Basic		0.00		0.00		0.02		(0.00)		0.02
Net income/(loss) per share - Basic	$	0.01	$	(0.09)	$	(0.08)	$	(0.22)	$	(0.38)
Net income/(loss) per share from continuing operations - Diluted	$	0.01	$	(0.09)	$	(0.10)	$	(0.22)	$	(0.40)
Net income per share from discontinued operations - Diluted		0.00		0.00		0.02		(0.00)		0.02
Net income/(loss) per share - Diluted	$	0.01	$	(0.09)	$	(0.08)	$	(0.22)	$	(0.38)

A: Includes additional inventory reserves of $835,000 as described in Note 1.

	FISCAL 2012
	Q1		Q2		Q3		Q4		YEAR
Net sales	$	3,217,199	$	3,550,535	$	3,609,746	$	5,300,520	$	15,678,000
Cost of goods sold		1,453,407		1,281,561		1,491,225		2,240,933		6,467,126
Gross profit		1,763,792		2,268,974		2,118,521		3,059,587		9,210,874
Operating expenses:
Selling expenses		1,180,252		1,194,045		1,245,782		1,411,752		5,031,831
General and administrative expenses		1,167,820		1,082,385		1,024,029		1,102,320		4,376,554
Research and development expenses		309,974		303,702		333,308		345,241		1,292,225
Total operating expenses		2,658,046		2,580,132		2,603,119		2,859,313		10,700,610
(Loss)/income from operations		(894,254)		(311,158)		(484,598)		200,274		(1,489,736)
Other income(expense):
Interest income		19		139		248		32		438
Interest expense		(212)		(151)		(72)		19		(416)
Royalty income and license fees		138,135		188,372		135,794		156,996		619,297
Royalty(expense)/recovery		(28,570)		149,846		(8,659)		(16,617)		96,000
Other		(14,144)		(6,335)		(4,989)		(3,662)		(29,130)
Total other income		95,228		331,871		122,322		136,768		686,189
(Loss)/income from continuing operations before income taxes		(799,026)		20,713		(362,276)		337,042		(803,547)
Income tax expense/(benefit)		4,960		(207,233)		(85,862)		93,353		(194,782)
Net (loss)/income from continuing operations	$	(803,986)	$	227,946	$	(276,414)	$	243,689	$	(608,765)
Discontinued operations:
Net (loss)/income from discontinued operations net of income tax expense/benefit of $0, $401,751, $(21,314) and $(185,336)		(79,956)		792,133		61,789		201,124		975,090
Net (loss)/income from discontinued operations		(79,956)		792,133		61,789		201,124		975,090
Net (loss)/income	$	(883,942)	$	1,020,079	$	(214,625)	$	444,813	$	366,325
Net (loss)/income per share from continuing operations - Basic	$	(0.11)	$	0.03	$	(0.04)	$	0.03	$	(0.09)
Net (loss)/income per share from discontinued operations - Basic		(0.02)		0.11		0.01		0.03		0.14
Net (loss)/income per share - Basic	$	(0.13)	$	0.15	$	(0.03)	$	0.06	$	0.05
Net (loss)/income per share from continuing operations - Diluted	$	(0.11)	$	0.03	$	(0.04)	$	0.03	$	(0.09)
Net (loss)/income per share from discontinued operations - Diluted		(0.02)		0.11		0.01		0.03		0.14
Net (loss)/income per share - Diluted	$	(0.13)	$	0.15	$	(0.03)	$	0.06	$	0.05