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Consolidated Statements of Cash Flows (USD $)
3 Months Ended
Sep. 30, 2014
Sep. 30, 2013
Operating activities    
Net income/(loss) from continuing operations $ 378,222 $ (888,977)
Adjustments to reconcile net income/(loss) to net cash provided by/(used in) by continuing operating activities:    
Depreciation and amortization and other non-cash items 324,188 231,271
Bad debt expense 10,000 15,000
Stock-based compensation 213,996 143,944
Deferred income (15,592) (15,051)
Deferred lease liability (4,153) (1,799)
Changes in operating assets and liabilities:    
Accounts receivable 443,407 160,305
Inventories (517,286) (146,590)
Prepaid expenses and other assets 76,271 117,120
Accounts payable, accrued expenses and other non-cash items (361,821) (855,675)
Net cash provided by/(used in) continuing operating activities 547,232 (1,240,452)
Investing activities    
Acquisition of property, plant and equipment (35,323) (5,925)
Additional patents (28,778) (28,427)
Net cash used in investing activities (64,101) (34,352)
Financing activities    
Proceeds from exercise of stock options 69,825 116,905
Net cash provided by financing activities 69,825 116,905
Cash flows from discontinued operations    
Net cash provided by operating activities 4,975 4,975
Net cash provided by discontinued operations 4,975 4,975
Net increase/(decrease) in cash and cash equivalents 557,931 (1,152,924)
Cash and cash equivalents at beginning of period 7,039,938 5,806,437
Cash and cash equivalents at end of period 7,597,869 4,653,513
Supplemental disclosure of cash flow information:    
Income taxes $ 35,794 $ 856