XML 30 R9.htm IDEA: XBRL DOCUMENT

Note 3 - Property and Equipment

12 Months Ended

Jun. 30, 2014

Property, Plant and Equipment [Abstract]

Property, Plant and Equipment Disclosure [Text Block]

NOTE 3 – PROPERTY AND EQUIPMENT

Property and equipment is summarized as follows:

	June 30, 2014			June 30, 2013
Fixtures and equipment	$	1,724,951		$	1,683,732
Less: Accumulated depreciation		(1,142,833	)		(1,193,439	)
Property and equipment, net	$	582,118		$	490,293

Depreciation expense for the years ended June 30, 2014 and 2013 was $144,053 and $100,271, respectively.

- Definition

The entire disclosure for long-lived, physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, accounting policies and methodology, roll forwards, depreciation, depletion and amortization expense, including composite depreciation, accumulated depreciation, depletion and amortization expense, useful lives and method used, income statement disclosures, assets held for sale and public utility disclosures.

+ References+ Details