SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

12 Months Ended

Jun. 30, 2018

Accounting Policies [Abstract]

Estimated Useful Lives Used For Each Class of Depreciable Assets

The estimated useful lives used for each class of depreciable asset are:

	Estimated Useful  Lives
Manufacturing equipment	3 - 7 years
Office equipment	3 - 7 years
Building and improvements	7 - 40 years

Schedule Of Accrued Warranty Liability

The  following is a summary of accrued warranty activity:

	Year ended June 30,
	2018			2017
Beginning balance	$	239,173		$	27,207
Accruals for warranties		28,462			276,855
Net settlements		(228,547	)		(321,098	)
Adjustments relating to preexisting warranties		82,611			256,209
Ending balance	$	121,699		$	239,173

Deferred Revenue, by Arrangement, Disclosure

A summary of changes to long-term deferred revenue for extended warranty contracts is as follows:

	Year ended June 30,
	2018			2017
Beginning balance	$	431,700		$	-
Deferred revenue for new extended warranty contracts		116,299			435,450
Deferred revenue recognized		(3,750	)		(3,750	)
Ending balance		544,249			431,700
Less: current portion of deferred revenue
for extended warranty contracts		5,312			9,062
Long-term deferred revenue for
extended warranty contracts	$	538,937		$	422,638