Note 6. Property and Equipment

12 Months Ended

Jun. 30, 2012

Property, Plant and Equipment Disclosure [Text Block]

Note 6. Property and Equipment

Property and equipment consists of the following:

	June 30,
	2012			2011

Land and building	$	1,250		$	1,250
Leasehold improvements		1,132			1,122
Machinery and equipment		5,017			4,939
Transportation equipment		59			68
		7,458			7,379
Less: Accumulated depreciation and amortization		(6,009	)		(5,712	)
Total	$	1,449		$	1,667

Depreciation and amortization expense was $359 and $354 for the fiscal years ended June 30, 2012 and 2011, respectively. In the fiscal year ended June 30, 2012, the Company disposed of property and equipment with an original cost of $76 for net proceeds of $12. For the fiscal year ended June 30, 2011, the Company disposed of fully depreciated machinery and equipment with an original cost of $136 for net proceeds of $32.

- Definition

The entire disclosure for long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale. Examples include land, buildings, machinery and equipment, and other types of furniture and equipment including, but not limited to, office equipment, furniture and fixtures, and computer equipment and software. This disclosure may include property plant and equipment accounting policies and methodology, a schedule of property, plant and equipment gross, additions, deletions, transfers and other changes, depreciation, depletion and amortization expense, net, accumulated depreciation, depletion and amortization expense and useful lives, income statement disclosures, assets held for sale and public utility disclosures.

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