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INTANGIBLE ASSETS (Tables)
6 Months Ended
Dec. 31, 2015
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Intangible Assets and Goodwill [Table Text Block]
A summary of the Company’s technology and intangible assets as of December 31, 2015 and June 30, 2015 is set forth below:
 
 
 
December 31, 2015
 
June 30, 2015
 
TA-270
 
 
 
 
 
 
 
Original Cost
 
$
552,976
 
$
580,178
 
Less: Accumulated Amortization
 
 
(264,046)
 
 
(261,080)
 
Balance
 
 
288,930
 
 
319,098
 
 
 
 
 
 
 
 
 
Goodwill (HI-164OV)
 
 
413,651
 
 
434,000
 
 
 
 
 
 
 
 
 
Total
 
$
702,581
 
$
753,098
 
Finite-lived Intangible Assets Amortization Expense [Table Text Block]
As of December 31, 2015, future estimated amortization expense is expected to be as follows:
 
June 30, 2016
 
$
15,207
 
June 30, 2017
 
 
30,414
 
June 30, 2018
 
 
30,414
 
June 30, 2019
 
 
30,414
 
June 30, 2020
 
 
30,414
 
June 30, 2021
 
 
30,414
 
June 30, 2022
 
 
30,414
 
June 30, 2023
 
 
30,413
 
June 30, 2024
 
 
30,413
 
June 30, 2025
 
 
30,413
 
 
 
$
288,930