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10. EMPLOYEE/DIRECTOR EQUITY INCENTIVE PLANS (Tables)
12 Months Ended
Jun. 30, 2012
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Stock option activity under the employee and director plans
    Number of Options    

Weighted-Average Exercise Price

Per Share

 
Balance at July 1, 2010     2,316,992     $ 1.92  
Options granted     1,230,500       1.02  
Options forfeited     (150,189 )     2.51  
Options exercised     (75,000 )     1.09  
Balance at June 30, 2011     3,322,303       1.55  
Options granted     1,454,500       0.82  
Options forfeited     (537,739 )     1.91  
Balance at June 30, 2012     4,239,064     $ 1.25  
Stock options outstanding
      Outstanding     Exercisable  
Range of Exercise Prices     Number of Options    

Average Remaining Contractual Life

(in years)

   

Weighted Average

Exercise Price

    Number of Options    

Average Remaining Contractual Life

(in years)

   

Weighted Average

Exercise Price

 
$ 0.34 to $0.50       67,833       6.1     $ 0.48       39,167       5.9     $ 0.49  
$ 0.51 to $1.00       1,639,500       7.1       0.80       230,333       6.5       0.77  
$ 1.01 to $1.50       2,181,731       5.9       1.20       1,379,011       5.7       1.27  
$ 3.50 to $3.82       350,000       2.6       3.60       350,000       2.6       3.59  
Balance at June 30, 2012       4,239,064       6.1     $ 1.25       1,998,511       5.2     $ 1.60  
Assumptions were used to estimate the fair value of options
      2012   2011
Expected life of option (years)     2.5   .001 - 2.5
Risk-free interest rate     .24 - .55%   .24 - 1.10%
Assumed volatility     103 - 107%   53 - 153%
Expected dividend rate     0   0
Expected forfeiture rate     4.35 - 6.80%   0 - 7.76%
Summary of the status of unvested employee stock options
   

Number of 

Options

   

Weighted-Average Grant Date Fair Value

Per Share

 
Balance at July 1, 2010     987,500     $ 0.77  
Granted     1,230,500       0.58  
Vested     (476,526 )     0.49  
Forfeited     (6,250 )     0.29  
Balance at June 30, 2011     1,735,224       0.62  
Granted     1,454,500       0.82  
Vested     (1,998,511 )     1.54  
Forfeited     (221,500 )     0.72  
Balance at June 30, 2012     969,713     $ 0.94  
Status of restricted stock unit balances
    Number of Restricted Stock Units    

Weighted-Average Valuation Price

Per Unit

 
Conversion of cash settled RSUs     574,242     $ 0.55  
RSUs granted     826,143       0.80  
RSUs forfeited     -       -  
Balance at June 30, 2011     1,400,385       0.70  
RSUs granted     1,048,051       0.74  
RSUs forfeited     -       -  
Balance at June 30, 2012     2,448,436     $ 0.72