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CONDENSED STATEMENTS OF CASH FLOWS (USD $)
3 Months Ended
Sep. 30, 2014
Sep. 30, 2013
CASH FLOWS FROM OPERATING ACTIVITIES    
Net loss $ (37,370) $ (333,131)
Net cash provided by/(used in) operating activities:    
Depreciation 8,325 13,038
Provision for inventory reserve 15,001 (2,366)
Decrease in accounts receivable 1,014,692 508,451
Increase in inventories (184,645) (587,076)
Decrease in contract costs and related estimated profits in excess of billings 0 635,543
Decrease in prepaid expenses and other current assets 18,033 13,595
(Decrease)/Increase in trade accounts payable (223,124) 13,736
Increase/(Decrease) in accrued expenses and other liabilities 121,947 (229,861)
Decrease in accrued pension costs (34,593) (1,502)
Total adjustments 735,636 363,558
NET CASH PROVIDED BY OPERATING ACTIVITIES 698,266 30,427
CASH FLOWS FROM INVESTING ACTIVITIES:    
Expenditures for plant, property and equipment (1,224) (28,309)
NET CASH USED IN INVESTING ACTIVITIES (1,224) (28,309)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from/(repayment of) short term borrowings (500,000) 500,000
Repayment of long term debt 0 (2,470)
NET CASH (USED IN)/PROVIDED BY FINANCING ACTIVITIES (500,000) 497,530
NET INCREASE IN CASH AND CASH EQUIVALENTS 197,042 499,648
CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD 480,107 321,020
CASH AND CASH EQUIVALENTS AT END OF PERIOD 677,149 820,668
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION    
Interest paid $ 5,431 $ 0