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INCOME TAXES, EFFECTIVE TAX RATE RECONCILIATION (Details) (USD $)
12 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Income Tax Disclosure [Abstract]    
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 0 50,000
Other 119,156 180,321
Total income tax provision $ 1,100,091 $ 1,943,620