(2) Inventories

12 Months Ended

Jun. 30, 2015

Notes

(2) Inventories

(2)  Inventories

Inventories consist of the following as of June 30:

		2015		2014
Raw materials	$	2,086,411	$	2,783,306
Finished goods		3,693,921		3,709,897
Inventory reserve		(358,545)		(335,355)
	$	5,421,787	$	6,157,848

Included in cost of goods sold for the years ended June 30, 2015 and 2014, is a write off of slow moving and obsolete inventory totaling $952,212 and $120,000, respectively. The $952,212 non-cash charge reflects a write off of inventory related to strategic decisions made during the fourth quarter resulting in some product lines being discontinued, re-evaluated or de-emphasized.  These decisions created additional obsolescence that upon analysis warranted the inventory write off.