Note 2 - Fair Value Measurements

6 Months Ended

Dec. 31, 2011

Note 2 - Fair Value Measurements Disclosure

Note 2 - Fair Value Measurements

(2) Fair Value Measurements

The carrying amount of financial instruments, including cash, trade receivables and accounts payable, approximated their fair value as of December 31, 2011 and June 30, 2011 because of the short maturity of these instruments. Cash equivalents are carried at cost, which approximates fair value.

The following table provides the assets and liabilities carried at fair value as measured on a recurring basis as of December 31, 2011 and June 30, 2011 :

(amounts in thousands)
	Total Carrying Value at December 31, 2011			Quoted prices in active markets (Level 1)			Significant other observable inputs (Level 2)			Significant unobservable inputs (Level 3)
Asset Category
Cash equivalents		$	5,632		$	5,632		$	-		$	-

(amounts in thousands)
	Total Carrying Value at June 30, 2011			Quoted prices in active markets (Level 1)			Significant other observable inputs (Level 2)			Significant unobservable inputs (Level 3)
Asset Category
Cash equivalents		$	5,040		$	5,040		$	-		$	-