EQUIPMENT AND LEASEHOLD IMPROVEMENTS (Notes)

12 Months Ended

Jun. 30, 2012

Property, Plant and Equipment, Net [Abstract]

The major categories of equipment and leasehold improvements at June 30, 2012 and 2011 are summarized as follows:



	Estimated Useful Lives	2012		2011
Machinery and equipment	5-10 years	$	527,450	$	527,450
Furniture and office equipment	5-10 years	298,809		228,935
Tooling	5 years	3,180,586		2,958,268
Display booths	5-7 years	287,180		253,680
Computer equipment	3-5 years	1,370,185		742,797
Leasehold improvements	7-10 years	2,058,805		1,804,755
Assets in progress	N/A	395,035		1,546,019
		8,118,050		8,061,904
Less: accumulated depreciation and amortization		5,383,024		4,977,914
Equipment and leasehold improvements, net		$	2,735,026	$	3,083,990

- Definition

The entire disclosure for long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale. Examples include land, buildings, machinery and equipment, and other types of furniture and equipment including, but not limited to, office equipment, furniture and fixtures, and computer equipment and software. This disclosure may include property plant and equipment accounting policies and methodology, a schedule of property, plant and equipment gross, additions, deletions, transfers and other changes, depreciation, depletion and amortization expense, net, accumulated depreciation, depletion and amortization expense and useful lives, income statement disclosures, assets held for sale and public utility disclosures.

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