NOTE 6 - PROPERTY AND EQUIPMENT

12 Months Ended

Jun. 30, 2014

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, 2014 and 2013, is comprised of:

	As of June 30,
	2014		2013
Diagnostic equipment under capital leases	$	620,307	$	620,307
Diagnostic equipment		17,396,797		18,567,787
Research, development and demonstration equipment		3,510,224		3,500,902
Machinery and equipment		2,069,055		4,987,159
Furniture and fixtures		2,550,627		2,952,449
Leasehold improvements		5,593,148		5,669,338
Building		939,614		939,614
		32,679,772		37,237,556
Less: Accumulated depreciation and amortization		17,650,043		19,713,062
	$	15,029,729	$	17,524,494

Depreciation and amortization of property and equipment for the years ended June 30, 2014 and 2013 was $2,458,113 and $1,554,458, respectively.

Depreciation and amortization of diagnostic equipment under capital leases for the years ended June 30, 2014 and 2013 was $95,026 and $248,123, respectively. Accumulated depreciation and amortization of diagnostic equipment under capital leases for the years ended June 30, 2014 and 2013 was $620,307 and $525,281, respectively.

During the year ended June 30, 2014, the Company has retired assets that were fully depreciated with a cost and accumulated depreciation basis of $4,418,903.