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CONDENSED STATEMENTS OF CASH FLOWS - USD ($)
12 Months Ended
Jun. 30, 2015
Jun. 30, 2014
CASH FLOWS FROM OPERATING ACTIVITIES    
Net (loss)/income $ (120,060) $ (96,900)
Cash (used in)/provided by operating activities:    
Depreciation 36,431 56,483
Stock based compensation expense 0 0
Provision for inventory reserve 46,329 10,947
Increase in accounts receivable (70,033) (463,444)
Increase in inventories (116,997) (749,567)
Decrease in contract costs and related estimated profits in excess of billings 0 699,343
Decrease/(increase) in prepaid expenses and other current assets (16,010) 29,470
Increase/(Decrease)in accounts payable (21,960) 293,705
(Decrease)/Increase in accrued expenses and other Liabilities 145,355 (102,534)
Increase in accrued pension costs 15,739 33,058
Total adjustments 18,854 (192,539)
Net cash (used in)/provided by operating activities (101,206) (289,439)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Expenditures for plant, property and equipment (31,303) (34,182)
NET CASH USED IN INVESTING ACTIVITIES (31,303) (34,182)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Short-term borrowings 500,000 1,000,000
Repayment of short-term borrowings (500,000) (500,000)
Repayment of long term debt 0 (17,292)
Net cash provided by/(used in)by financing activities 0 482,708
NET INCREASE/(DECREASE) IN CASH AND CASH EQUIVALENTS (132,509) 159,087
CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD 480,107 321,020
CASH AND CASH EQUIVALENTS AT END OF PERIOD 347,598 480,107
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION    
Interest paid $ 14,107 $ 26,799