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9. EMPLOYEE/DIRECTOR EQUITY INCENTIVE PLANS (Tables)
 6 Months Ended
Dec. 31, 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 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  
Options granted     661,050       0.38  
Options forfeited     (720,200 )     1.10  
Balance at December 31, 2012     4,179,914       1.14  
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       728,550       7.71     $ 0.38       42,332       5.41     $ 0.48  
$0.51 to $1.00       1,088,500       6.64       0.78       385,667       6.36       0.78  
$1.01 to $1.50       2,062,864       5.46       1.24       1,315,644       5.23       1.27  
3.50 to $3.82       300,000       1.89       3.59       300,000       1.89       3.59  

Balance at

December 31, 2012

       4,179,914       5.90       1.14       2,043,643       5.00       1.50  
Assumptions were used to estimate the fair value of options

 

  FY 2013 FY 2012
Expected life of option (years)  4  2.5
Risk-free interest rate  .46 - .60%  .24 - .55%
Assumed volatility  100 - 104%  103 - 107%
Expected dividend rate  0%  0%
Expected forfeiture rate  4.19 - 6.66%  4.35 - 6.80%
Summary of the status of unvested employee stock options
   

Number of 

Options

    

Weighted-Average Grant Date Fair Value

Per Share

  
Balance at June 30, 2011     1,735,224     $ 0.62  
Granted     1,454,500       0.38  
Vested     (722,837 )     0.81  
Forfeited     (226,334 )     0.87  
Balance at June 30, 2012     2,240,553       0.79  
Granted     661,050       0.38  
Vested     (214,665 )     0.81  
Forfeited     (550,667 )     0.87  
Balance at December 31, 2012     2,136,271       0.79  
Status of restricted stock unit balances
    Number of Restricted Stock Units    

Weighted-Average Valuation Price

Per Unit

  
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  
RSUs granted     2,250,000       0.22  
RSUs forfeited     (50,000 )     0.70  
Balance at December 31, 2012     4,648,436     $ 0.37