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NOTE 6 - PROPERTY AND EQUIPMENT
12 Months Ended
Jun. 30, 2012
Property, Plant and Equipment [Abstract]  
NOTE 6 - PROPERTY AND EQUIPMENT

NOTE 6 - PROPERTY AND EQUIPMENT

 

Property and equipment, at cost, less accumulated depreciation and amortization, at June 30, 2012 and 2011, is comprised of:

 

 

   As of June 30,
   2012  2011
Diagnostic equipment under capital  leases  $1,417,300   $2,270,719 
Diagnostic equipment   4,138,898    2,518,035 
Research, development and demonstration equipment   9,861,199    9,605,961 
Machinery and equipment   4,985,215    4,982,085 
Furniture and fixtures   2,212,149    2,127,809 
Leasehold improvements   4,545,974    4,663,666 
Building   939,614    939,614 
    28,100,349    27,107,889 
Less: Accumulated depreciation and amortization   24,926,902    23,338,465 
   $3,173,447   $3,769,424 

 

 

 

 

Depreciation and amortization of property and equipment for the years ended June 30, 2012 and 2011 was $1,677,186 and $1,464,055, respectively.

 

Depreciation and amortization of diagnostic equipment under capital leases for the years ended June 30, 2012 and 2011 was $646,620 and $433,859, respectively. Accumulated depreciation and amortization of diagnostic equipment under capital leases for the years ended June 30, 2012 and 2011 was $1,074,152 and $1,067,534, respectively.