XML 22 R2.htm IDEA: XBRL DOCUMENT v2.4.0.6
Consolidated Balance Sheets (USD $)
Mar. 31, 2013
Jun. 30, 2012
Current assets:    
Cash and cash equivalents $ 1,877,038 $ 1,248,537
Accounts receivable, less allowance for doubtful accounts of $30,000 as of March 31, 2013 and June 30, 2012 1,148,463 958,897
Accounts receivable from affiliates (note 12) 280,824 438,041
Other receivables 3,767 17,637
Inventories 2,133,079 2,118,669
Prepaid expenses 26,750 15,341
Total current assets 5,469,921 4,797,122
Equipment    
Capitalized software costs 357,832 357,832
Machinery and laboratory equipment 1,641,681 1,585,687
Furniture, fixtures, leaseholds & office equipment 1,746,332 1,743,088
Gross equipment 3,745,845 3,686,607
Accumulated depreciation and amortization (2,784,304) (2,580,489)
Net equipment 961,541 1,106,118
Intangible assets:    
Licenses 266,932 288,576
Other assets:    
Other assets 70,162 71,161
Total assets 6,768,556 6,262,977
Current liabilities:    
Current portion of notes payable, net of discount (Note 11) 30,256 38,585
Current portion of capital lease obligations 101,336 108,593
Revolving line of credit (Note 10) 1,782  
Accounts payable 515,042 576,694
Accrued payroll and related liabilities 227,792 281,642
Accrued liabilities-other 135,170 146,970
Total current liabilities 1,011,378 1,152,484
Notes payable, net of discount, less current portion (Note 11)   22,240
Capital lease obligations, less current portion 28,799 102,020
Deferred facility lease payable, excluding current portion 340,479 348,104
Total liabilities 1,380,656 1,624,848
Stockholders' equity (Note 9):    
Common stock, $0.001 par value. Authorized 200,000,000 shares; Issued and outstanding 49,811,993 and 47,213,534 at March 31, 2013 and June 30, 2012, respectively 49,812 47,186
Additional paid-in capital 21,623,221 21,183,746
Accumulated deficit (16,296,871) (16,604,541)
Total stockholders' equity 5,376,162 4,626,391
Total liabilities and stockholders' equity 6,768,556 6,262,977
Preferred
   
Temporary equity:    
Redeemable preferred stock, $0.001 par value. 36,680 shares issued and outstanding, aggregate redemption value of $9,170 $ 11,738 $ 11,738