INCOME TAXES (Tables)

12 Months Ended

Jun. 30, 2012

Income Tax Disclosure [Abstract]

Schedule of Components of Income Tax Expense (Benefit)

The income tax provision (benefit) in 2012 and 2011 consisted of the following:

Year Ended June 30,	2012			2011
Current:
Federal	$	953,682		$	867,051
State	(194,875		)	(193,058		)
Deferred	341,284			1,269,627
Total income tax provision	$	1,100,091		$	1,943,620

Schedule of Effective Income Tax Rate Reconciliation

The 2012 and 2011 tax results in an effective rate different than the federal statutory rate because of the following:

Year Ended June 30,	2012			2011
Federal income tax expense (benefit) at statutory rate	$	1,373,772		$	2,147,763
State income tax expense, net of federal income tax benefit	80,810			244,860
Decrease in valuation allowance	(471,254		)	(1,018,838		)
Research and development credits	(34,835		)	(13,585		)
Stock-based compensation	32,442			353,099
Unrecognized tax benefits	—			50,000
Other	119,156			180,321
Total income tax provision	$	1,100,091		$	1,943,620

Schedule of Deferred Tax Assets and Liabilities

Temporary differences which give rise to deferred income tax assets and liabilities at June 30 include:

	2012			2011
Deferred Income Tax Assets:
Deferred compensation	$	812,639		$	731,978
Stock-based compensation	362,585			364,071
Accrued expenses and reserves	1,249,817			1,318,002
Package design and trademarks	46,997			62,790
Unauthorized transactions	458,284			1,480,000
Federal and state net operating loss carryforwards	1,500,198			590,473
AMT and research and development credit carryforwards	153,045			72,901
Valuation allowance	(200,486		)	(671,740		)
Total deferred income tax asset	4,383,079			3,948,475
Deferred Income Tax Liabilities:
Equipment and leasehold improvements	(466,250		)	(311,962		)
Capitalized research and development costs	(1,592,415		)	(972,465		)
Other	(3,711		)	(2,061		)
Net deferred income tax asset	$	2,320,703		$	2,661,987

Deferred Tax Assets as Presented on Consolidated Balance Sheets

Deferred income tax assets as presented on the consolidated balance sheets:

	2012		2011
Current deferred income tax assets	$	963,303	$	1,028,796
Noncurrent deferred income tax assets	1,357,400		1,633,191
Net deferred income tax assets	$	2,320,703	$	2,661,987

Accrued Interest, Tax Position, Unauthorized Transactions

As part of the unauthorized transactions, the Company has accrued interest of $150,624 and $498,806 at June 30, 2012 and 2011, respectively.

	2012			2011
Accrued interest at beginning of year	$	498,806		$	660,989
Interest charges to expense	44,015			325,370
Interest charges paid	(140,712		)	—
Interest charges reversed	(251,485		)	(487,553		)
Accrued interest at end of year	$	150,624		$	498,806

Summary of Positions for which Significant Change in Unrecognized Tax Benefits is Reasonably Possible

A reconciliation of the beginning and ending amount of unrecognized tax benefits is as follows:

	2012		2011
Unrecognized tax benefits at beginning of year	$	599,938	$	300,000
Gross increases — tax positions in prior years	546,113		299,938
Unrecognized tax benefits at end of year	$	1,146,051	$	599,938

Summary of Valuation Allowance

The following are the changes in the valuation allowance:

Year Ended  June 30,	Balance, Beginning of Year			Increase in Valuation Allowance	Release of Valuation Allowance	Balance, End of Year
2012	$	(671,740	)	—	471,254	$	(200,486	)
2011	$	(1,690,578	)	—	1,018,838	$	(671,740	)