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4. Income Taxes
3 Months Ended
Sep. 30, 2012
Notes  
4. Income Taxes

4.   INCOME TAXES

 

        The Company files income tax returns in the U.S. Federal jurisdiction, and the state of California. With few exceptions, the Company is no longer subject to U.S. federal, state and local, or non-U.S. income tax examinations by tax authorities for years before 2010.

 

        The Company accounts for uncertainty in tax positions by recognition in the financial statements. 

 

        The Company's policy is to recognize interest accrued related to unrecognized tax benefits in interest expense and penalties in operating expenses.