0001019687-16-005209.txt : 20160216 0001019687-16-005209.hdr.sgml : 20160215 20160216170156 ACCESSION NUMBER: 0001019687-16-005209 CONFORMED SUBMISSION TYPE: 10-Q PUBLIC DOCUMENT COUNT: 51 CONFORMED PERIOD OF REPORT: 20151231 FILED AS OF DATE: 20160216 DATE AS OF CHANGE: 20160216 FILER: COMPANY DATA: COMPANY CONFORMED NAME: FRANKLIN WIRELESS CORP CENTRAL INDEX KEY: 0000722572 STANDARD INDUSTRIAL CLASSIFICATION: TELEPHONE & TELEGRAPH APPARATUS [3661] IRS NUMBER: 953733534 STATE OF INCORPORATION: NV FISCAL YEAR END: 0630 FILING VALUES: FORM TYPE: 10-Q SEC ACT: 1934 Act SEC FILE NUMBER: 001-14891 FILM NUMBER: 161429956 BUSINESS ADDRESS: STREET 1: 9707 WAPLES STREET, SUITE 150 CITY: SAN DIEGO STATE: CA ZIP: 92121 BUSINESS PHONE: 858-623-0000 MAIL ADDRESS: STREET 1: 9707 WAPLES STREET, SUITE 150 CITY: SAN DIEGO STATE: CA ZIP: 92121 FORMER COMPANY: FORMER CONFORMED NAME: FRANKLIN TELECOMMUNICATIONS CORP DATE OF NAME CHANGE: 19920703 FORMER COMPANY: FORMER CONFORMED NAME: ABM COMPUTER SYSTEMS DATE OF NAME CHANGE: 19870317 FORMER COMPANY: FORMER CONFORMED NAME: AUTOMATED BUSINESS MACHINES INC DATE OF NAME CHANGE: 19830802 10-Q 1 franklin_10q-123115.htm QUARTERLY REPORT

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, DC 20549

FORM 10-Q

x	QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the quarterly period ended December 31, 2015

¨	TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the transition period from to .

Commission file number: 001-14891

FRANKLIN WIRELESS CORP.

(Exact name of Registrant as specified in its charter)

Nevada

(State or other jurisdiction of incorporation or organization)

95-3733534

(I.R.S. Employer Identification Number)

9707 Waples Street

Suite 150

San Diego, California

(Address of principal executive offices)

92121

(Zip code)

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes x No o

Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Web site, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files). Yes x No o

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company. See the definitions of “large accelerated filer,” “accelerated filer” and “smaller reporting company” in Rule 12b-2 of the Exchange Act.


Large accelerated filer o		Accelerated filer o		Non-accelerated filer o		Smaller reporting company x

Indicate by check mark whether the Registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes x No o

The Registrant has 10,403,869 shares of common stock outstanding as of February 16, 2016.

FRANKLIN WIRELESS CORP.

FORM 10-Q

FOR THE QUARTERLY PERIOD ENDED DECEMBER 31, 2015

INDEX

		Page
PART I – Financial Information

Item 1:	Consolidated Financial Statements (unaudited)
	Consolidated Balance Sheets as of December 31, 2015 (unaudited) and June 30, 2015	4
	Consolidated Statements of Comprehensive Income (unaudited) for the three and six months ended December 31, 2015 and 2014	5
	Consolidated Statements of Cash Flows (unaudited) for the six months ended December 31, 2015 and 2014	6
	Notes to Consolidated Financial Statements	7
Item 2:	Management’s Discussion and Analysis of Financial Condition and Results of Operations	17
Item 3:	Quantitative and Qualitative Disclosures About Market Risk	21
Item 4:	Controls and Procedures	21

PART II – Other Information

Item 1:	Legal Proceedings	22
Item 1A:	Risk Factors	22
Item 2:	Unregistered Sales of Equity Securities and Use of Proceeds	22
Item 3:	Defaults Upon Senior Securities	22
Item 4:	Mine Safety Disclosures	22
Item 5:	Other Information	22
Item 6:	Exhibits	22

Signatures		23

NOTE ON FORWARD LOOKING STATEMENTS

You should keep in mind the following points as you read this Report on Form 10-Q:

The terms “we,” “us,” “our,” “Franklin,” “Franklin Wireless,” or the “Company” refer to Franklin Wireless Corp.

This Report on Form 10-Q contains statements which, to the extent they do not recite historical fact, constitute “forward looking” statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward looking statements are used under the caption “Management’s Discussion and Analysis of Financial Condition and Results of Operation,” and elsewhere in this Quarterly Report on Form 10-Q. You can identify these statements by the use of words like “may,” “will,” “could,” “should,” “project,” “believe,” “anticipate,” “expect,” “plan,” “estimate,” “forecast,” “potential,” “intend,” “continue,” and variations of these words or comparable words. Forward looking statements do not guarantee future performance and involve risks and uncertainties. Actual results may differ substantially from the results that the forward looking statements suggest for various reasons, including those discussed under the caption “Risk Factors” in Item 1A of our Annual Report on Form 10-K for the year ended June 30, 2015. These forward looking statements are made only as of the date of this Report on Form 10-Q. We do not undertake to update or revise the forward looking statements, whether as a result of new information, future events or otherwise.

PART I – FINANCIAL INFORMATION

ITEM 1. Financial Statements

FRANKLIN WIRELESS CORP.

CONSOLIDATED BALANCE SHEETS

	December 31, 2015 (unaudited)			June 30, 2015
ASSETS
Current assets:
Cash and cash equivalents	$	14,657,624		$	11,822,620
Accounts receivable		14,945,041			5,464,182
Other receivables, net		166,265			143,384
Inventories, net		4,572,075			2,281,667
Prepaid expenses and other current assets		13,601			60,339
Prepaid income taxes		–			1,055,788
Deferred tax assets, current		206,902			206,902
Advance payments to vendors		118,806			62,321
Total current assets		34,680,314			21,097,203
Property and equipment, net		256,869			314,492
Intangible assets, net		1,339,193			1,042,281
Deferred tax assets, non-current		1,768,588			1,860,347
Goodwill		273,285			273,285
Other assets		133,912			129,859
TOTAL ASSETS	$	38,452,161		$	24,717,467

LIABILITIES AND STOCKHOLDERS' EQUITY
Current liabilities:
Accounts payable	$	20,648,002		$	7,362,075
Advance payments from customers		87,002			693,317
Accrued liabilities		457,961			238,619
Income tax payable		91,744			–
Short-term borrowings		148,295			148,295
Total current liabilities		21,433,004			8,442,306
Total liabilities		21,433,004			8,442,306

Commitments and contingencies (Note 8)

Stockholders’ equity:
Parent Company stockholders’ equity
Preferred stock, par value $0.001 per share, authorized 10,000,000 shares; No preferred stock issued and outstanding as of December 31, 2015 and June 30, 2015		–			–
Common stock, par value $0.001 per share, authorized 50,000,000 shares; 10,403,869 and 10,533,869 shares issued and outstanding as of December 31, 2015 and June 30, 2015, respectively		13,806			13,806
Additional paid-in capital		7,280,767			7,305,767
Retained earnings		13,996,257			13,361,091
Treasury stock, 3,472,286 and 3,342,286 shares as of December 31, 2015 and June 30, 2015, respectively		(4,513,479	)		(4,279,479	)
Accumulated other comprehensive loss		(695,270	)		(664,722	)
Total Parent Company stockholders’ equity		16,082,081			15,736,463
Non-controlling interests		937,076			538,698
Total stockholders’ equity		17,019,157			16,275,161
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY	$	38,452,161		$	24,717,467

See accompanying notes to consolidated financial statements.

FRANKLIN WIRELESS CORP.

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME

(Unaudited)

	Three Months Ended						Six Months Ended
	December 31,						December 31,
	2015			2014			2015			2014
Net sales	$	20,163,481		$	12,494,687		$	32,111,947		$	26,110,764
Cost of goods sold		17,000,575			10,006,962			26,986,034			21,307,439
Gross profit		3,162,906			2,487,725			5,125,913			4,803,325

Operating expenses:
Selling, general and administrative		1,256,806			1,225,254			2,411,682			2,632,784
Research and development		793,609			740,508			1,516,178			1,515,903
Total operating expenses		2,050,415			1,965,762			3,927,860			4,148,687
Income from operations		1,112,491			521,963			1,198,053			654,638

Other income (loss), net:
Interest income		3,431			3,020			5,708			5,655
Other income (loss), net		25,062			201,227			(20,228	)		378,008
Total other income (loss), net		28,493			204,247			(14,520	)		383,663
Income before provision for income taxes		1,140,984			726,210			1,183,533			1,038,301
Income tax provision		144,924			152,000			149,989			210,000
Net income		996,060			574,210			1,033,544			828,301
Non-controlling interests in net income of subsidiary at 48.2%		(378,841	)		(149,730	)		(398,378	)		(120,673	)
Net income attributable to Parent Company	$	617,219		$	424,480		$	635,166		$	707,628


Basic earnings per share attributable to Parent Company stockholders	$	0.06		$	0.04		$	0.06		$	0.07
Diluted earnings per share attributable to Parent Company stockholders	$	0.06		$	0.04		$	0.06		$	0.07

Weighted average common shares outstanding – basic		10,511,012			10,533,869			10,522,503			10,533,869
Weighted average common shares outstanding – diluted		10,678,039			10,661,879			10,689,530			10,661,879

Comprehensive income
Net income	$	996,060		$	574,210		$	1,033,544		$	828,301
Translation adjustments		1,314			(81,376	)		(30,548	)		(126,144	)
Comprehensive income		997,374			492,834			1,002,996			702,157
Comprehensive income attributable to non-controlling interest		(378,841	)		(149,730	)		(398,378	)		(120,673	)
Comprehensive income attributable to controlling interest	$	618,533		$	343,104		$	604,618		$	581,484

See accompanying notes to consolidated financial statements.

FRANKLIN WIRELESS CORP.

CONSOLIDATED STATEMENTS OF CASH FLOWS

(Unaudited)

	Six Months Ended December 31,
	2015			2014
CASH FLOWS FROM OPERATING ACTIVITIES:
Net income	$	1,033,544		$	828,301
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation		99,347			121,318
Amortization of intangible assets		484,047			653,510
Deferred tax		91,759			63,001
Share-based compensation		(25,000	)		42,951
Gain on forgiven debt		–			(40,664	)
Gain on debt extinguishment		–			(331,601	)
Increase (decrease) in cash due to change in:
Accounts receivable		(9,503,740	)		547,471
Inventories		(2,290,408	)		173,117
Prepaid expenses and other current assets		46,738			65,958
Prepaid income taxes		1,055,788			147,000
Advance payments to vendors		(56,484	)		20,233
Other assets		(4,053	)		7,194
Accounts payable		13,285,927			69,811
Advance payments from customers		(606,315	)		1,566,645
Accrued liabilities		219,341			(20,661	)
Income tax payable		91,744			–
Net cash provided by operating activities		3,922,235			3,913,584

CASH FLOWS FROM INVESTING ACTIVITIES:
Purchases of property and equipment		(41,724	)		(29,643	)
Payments for capitalized development costs		(603,577	)		(81,591	)
Purchases of intangible assets		(177,382	)		(6,802	)
Receipt of loan repayments from an employee		–			7,128
Net cash used in investing activities		(822,683	)		(110,908	)

CASH FLOWS FROM FINANCING ACTIVITIES:
Repurchase of common stock		(234,000	)		–
Net cash used in financing activities		(234,000	)		–

Effect of foreign currency translation		(30,548	)		(126,144	)
Net increase in cash and cash equivalents		2,835,004			3,676,532
Cash and cash equivalents, beginning of period		11,822,620			8,240,595
Cash and cash equivalents, end of period	$	14,657,624		$	11,917,127

Supplemental disclosure of cash flow information:
Cash paid (received) during the periods for:
Interest	$	–		$	4,869
Income taxes	$	(1,090,181	)	$	–

See accompanying notes to consolidated financial statements.

FRANKLIN WIRELESS CORP.

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

(Unaudited)

NOTE 1 – BASIS OF PRESENTATION

The accompanying unaudited consolidated financial statements of Franklin Wireless Corp. (“the Company”) have been prepared in accordance with accounting principles generally accepted in the United States (“GAAP”) for interim financial information and are presented in accordance with the requirements of Form 10-Q. In the opinion of management, the financial statements included herein contain all adjustments, including normal recurring adjustments, considered necessary to present fairly the financial position, the results of operations and comprehensive income (loss) and cash flows of the Company for the periods presented. These financial statements and notes hereto should be read in conjunction with the financial statements and notes thereto for the fiscal year ended June 30, 2015 included in the Company’s Form 10-K filed on September 28, 2015. The operating results or cash flows for the interim periods presented herein are not necessarily indicative of the results to be expected for any other interim period or the full year.

NOTE 2 – BUSINESS OVERVIEW

We are a provider of intelligent wireless solutions including mobile hotspots, routers and modems as well as innovative hardware and software products that support machine-to-machine (M2M) applications and the Internet of Things (IoT). Our M2M and IoT solutions include embedded modules, modems and gateways built to deliver reliable always-on connectivity supporting a broad spectrum of applications. These products are designed to solve wireless connectivity challenges in a variety of vertical markets including video surveillance, digital signage, home security, oil and gas exploration, kiosks, fleet management, smart grid, vehicle diagnostics, telematics and many more.

We have a majority ownership position in Franklin Technology Inc. (FTI), a research and development facility located in Seoul, South Korea. FTI primarily provides design and development services to us for our wireless products.

Our products are generally marketed and sold directly to wireless operators, and indirectly through strategic partners and distributors. Our global customer base extends primarily from the United States to countries in South America, the Caribbean, Europe, the Middle East and Africa ("EMEA") and Asia.

NOTE 3 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

Principles of Consolidation

The consolidated financial statements include the accounts of the Company and a subsidiary with a majority voting interest of 51.8% (48.2% is owned by non-controlling interests) as of December 31, 2015 and June 30, 2015. In the preparation of consolidated financial statements of the Company, intercompany transactions and balances are eliminated and net earnings are reduced by the portion of the net earnings of the subsidiary applicable to non-controlling interests.

Non-controlling Interest in a Consolidated Subsidiary

As of December 31, 2015, the non-controlling interest was $937,076, which represents a $398,378 increase from $538,698 as of June 30, 2015. The increase was due to the net income of subsidiary of $825,828 for the six months ended December 31, 2015, of which 48.2% was attributable to the non-controlling interests.

Segment Reporting

Accounting Standards Codification (“ASC”) 280, “Segment Reporting,” requires public companies to report financial and descriptive information about their reportable operating segments. We identify our operating segments based on how management internally evaluates separate financial information, business activities and management responsibility. We have one reportable segment, consisting of the sale of wireless access products.

We generate revenues from four geographic areas, consisting of the United States, the Caribbean and South America, EMEA and Asia. The following enterprise-wide disclosure is prepared on a basis consistent with the preparation of the consolidated financial statements. The following table contains certain financial information by geographic area:

	Three Months Ended				Six Months Ended
	December 31,				December 31,
Net sales:	2015		2014		2015		2014
United States	$	15,360,582	$	8,816,503	$	25,470,917	$	19,725,646
Caribbean and South America		7,000		1,257,352		100,000		1,415,052
Europe, the Middle East and Africa (“EMEA”)		4,743,238		1,357,015		6,485,441		1,363,398
Asia		52,661		1,063,817		55,589		3,606,668
Totals	$	20,163,481	$	12,494,687	$	32,111,947	$	26,110,764

Long-lived assets, net (property and equipment and intangible assets):	December 31, 2015		June 30, 2015
United States	$	1,139,870	$	785,144
Asia		456,192		571,629
Totals	$	1,596,062	$	1,356,773

Estimates

The preparation of the consolidated financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could materially differ from those estimates.

Fair Value of Financial Instruments

The carrying amounts of financial instruments such as cash equivalents, accounts receivable, accounts payable and debt approximate the related fair values due to the short-term maturities of these instruments. We invest our excess cash into financial instruments which management believes are readily convertible into cash, such as money market funds and certificates of deposit.

Allowance for Doubtful Accounts

Based upon our review of our collection history as well as the current balances associated with all significant customers and associated invoices, we do not believe an allowance for doubtful accounts was necessary as of December 31, 2015 and June 30, 2015.

Revenue Recognition

We recognize revenue in accordance with ASC 605, “Revenue Recognition,” when persuasive evidence of an arrangement exists, the price is fixed or determinable, collection is reasonably assured and delivery of products has occurred or services have been rendered. Accordingly, we recognize revenues from product sales upon shipment of the products to customers or when the products are received by the customers in accordance with shipping or delivery terms. We provide a warranty for one year from the shipment date, which is covered by our vendors pursuant to purchase agreements. Any net warranty related expenditures made by us have not historically been material. Under our sales return policy, customers may generally return products that are under warranty for repair or replacement.

Cost of Goods Sold

All costs associated with our contract manufacturers, as well as distribution, fulfillment and repair services are included in our cost of goods sold. Cost of goods sold also includes amortization expense associated with capitalized product development costs associated with complete technology.

Capitalized Product Development Costs

Accounting Standards Codification (“ASC”) Topic 350, “Intangibles – Goodwill and Other” includes software that is part of a product or process to be sold to a customer and shall be accounted for under Subtopic 985-20. Our products contain embedded software internally developed by our Korea-based subsidiary, Franklin Technology Inc. (“FTI”), which is an integral part of these products because it allows the various components of the products to communicate with each other and the products are clearly unable to function without this coding.

The costs of product development that are capitalized once technological feasibility is determined (noted as Technology in progress in the Intangible Assets table) include payroll, employee benefits, and other headcount-related expenses associated with product development. Related licenses and certification costs are also capitalized. We determine that technological feasibility for our products is reached after all high-risk development issues have been resolved. Once the products are available for general release to our customers, we cease capitalizing the product development costs and any additional costs, if any, are expensed. The capitalized product development costs are amortized on a product-by-product basis using the greater of straight-line amortization or the ratio of the current gross revenues to the current and anticipated future gross revenues. The amortization begins when the products are available for general release to our customers.

As of December 31, 2015 and June 30, 2015, capitalized product development costs in progress were $603,577 and $0, respectively, and these amounts are included in intangible assets in our consolidated balance sheets. During the three months and six months ended December 31, 2015, we incurred $464,665 and $603,577 in capitalized product development costs, and such amounts are primarily comprised of certifications and licenses. All costs incurred before technological feasibility is reached are expensed and included in our consolidated statements of comprehensive income (loss).

Research and Development Costs

Costs associated with research and development are expensed as incurred. Research and development costs were $793,609 and $740,508 for the three months ended December 31, 2015 and 2014, respectively, and $1,516,178 and $1,515,903 for the six months ended December 31, 2015 and 2014, respectively.

Warranties

We provide a warranty for one year which is covered by our vendors and manufacturers under purchase agreements between the Company and the vendors. In general, our products are shipped directly from our vendors to our customers. As a result, we believe we do not have any net warranty exposure and do not accrue any warranty expenses. Historically, the Company has not experienced any material net warranty expenditures.

Shipping and Handling Costs

Costs associated with product shipping and handling are expensed as incurred. Shipping and handling costs, which are included in selling, general and administrative expenses on the consolidated statements of comprehensive income, were $456,868 and $322,838 for the three months ended December 31, 2015 and 2014, respectively, and $671,428 and $675,578 for the six months ended December 31, 2015 and 2014, respectively.

Cash and Cash Equivalents

For purposes of the consolidated statements of cash flow, we consider all highly liquid investments purchased with original maturities of three months or less to be cash equivalents.

Inventories

Our inventories consist of finished goods and are stated at the lower of cost or market, cost being determined on a first-in, first-out basis. We assess the inventory carrying value and reduce it, if necessary, to its net realizable value based on customer orders on hand, and internal demand forecasts using management’s best estimates given information currently available. Our customer demand is highly unpredictable, and can fluctuate significantly caused by factors beyond the control of the Company. We may write down our inventory value for potential obsolescence and excess inventory. As of December 31, 2015 and June 30, 2015, we have recorded an inventory reserve in the amount of $120,867 for inventories that we have identified as obsolete or slow-moving.

Property and Equipment

Property and equipment are recorded at cost. Significant additions or improvements extending useful lives of assets are capitalized. Maintenance and repairs are charged to expense as incurred. Depreciation is computed using the straight-line method over the estimated useful lives as follows:

Machinery	6 years
Office equipment	5 years
Molds	3 years
Vehicles	5 years
Computers and software	5 years
Furniture and fixtures	7 years
Facilities	5 years or life of the lease, whichever is shorter

Goodwill and Intangible Assets

Goodwill and certain intangible assets were recorded in connection with the FTI acquisition in October 2009, and are accounted for in accordance with ASC 805, “Business Combinations.” Goodwill represents the excess of the purchase price over the fair value of the tangible and intangible net assets acquired. Intangible assets are recorded at their fair value at the date of acquisition. Goodwill and other intangible assets are accounted for in accordance with ASC 350, “Goodwill and Other Intangible Assets.” Goodwill and other intangible assets are tested for impairment at least annually and any related impairment losses are recognized in earnings when identified. No impairment was recognized during the periods ended December 31, 2015 and June 30, 2015.

The definite lived intangible assets consisted of the following as of December 31, 2015:

Definite lived intangible assets:	Expected Life	Average Remaining life	Gross Intangible Assets		Accumulated Amortization		Net Intangible Assets
Complete technology	3 years	–	$	490,000	$	490,000	$	–
Complete technology	3 years	–		1,517,683		1,517,683		–
Complete technology	3 years	–		281,714		281,714		–
Complete technology	3 years	–		361,249		361,249		–
Complete technology	3 years	–		174,009		174,009		–
Complete technology	3 years	0.1 years		909,962		884,685		25,277
Complete technology	3 years	1.3 years		65,000		37,917		27,083
Complete technology	3 years	2.0 years		2,402		800		1,602
Complete technology	3 years	2.3 years		6,405		1,602		4,803
Supply and development agreement	8 years	1.8 years		1,121,000		875,781		245,219
Technology in progress	Not Applicable	–		603,577		–		603,577
Software	5 years	1.6 years		214,065		180,671		33,394
Patents	10 years	7.5 years		58,390		1,710		56,680
Certifications and licenses	3 years	2.2 years		1,943,561		1,602,003		341,558
Total as of December 31, 2015			$	7,749,017	$	6,409,824	$	1,339,193

The definite lived intangible assets consisted of the following as of June 30, 2015:

Definite lived intangible assets:	Expected Life	Average Remaining life	Gross Intangible Assets		Accumulated Amortization		Net Intangible Assets
Complete technology	3 years	–	$	490,000	$	490,000	$	–
Complete technology	3 years	–		1,517,683		1,517,683		–
Complete technology	3 years	–		281,714		281,714		–
Complete technology	3 years	–		361,249		361,249		–
Complete technology	3 years	0.3 years		174,009		159,508		14,501
Complete technology	3 years	0.5 years		909,962		733,025		176,937
Complete technology	3 years	1.8 years		65,000		27,083		37,917
Complete technology	3 years	2.5 years		2,402		400		2,002
Complete technology	3 years	2.8 years		6,405		534		5,871
Supply and development agreement	8 years	2.3 years		1,121,000		805,719		315,281
Technology in progress	Not Applicable	–		–		–		–
Software	5 years	1.1 years		197,418		158,284		39,134
Patents	10 years	6.8 years		57,655		1,005		56,650
Certifications and licenses	3 years	0.4 years		1,783,561		1,389,573		393,988
Total as of June 30, 2015			$	6,968,058	$	5,925,777	$	1,042,281

Amortization expense recognized during the three months ended December 31, 2015 and 2014 was $229,701 and $321,280, respectively, and during the six months ended December 31, 2015 and 2014 was $484,047 and $653,510, respectively.

Long-lived Assets

In accordance with ASC 360, "Property, Plant, and Equipment," we review for impairment of long-lived assets and certain identifiable intangibles whenever events or circumstances indicate that the carrying amount of assets may not be recoverable. We consider the carrying value of assets may not be recoverable based upon our review of the following events or changes in circumstances: the asset’s ability to continue to generate income from operations and positive cash flow in future periods; loss of legal ownership or title to the asset; significant changes in our strategic business objectives and utilization of the asset; or significant negative industry or economic trends. An impairment loss would be recognized when estimated future cash flows expected to result from the use of the asset are less than its carrying amount.

As of December 31, 2015, we are not aware of any events or changes in circumstances that would indicate that the long-lived assets are impaired.

Stock-based Compensation

The Company’s employee share-based awards result in a cost that is measured at fair value on an award’s grant date, based on the estimated number of awards that are expected to vest. Stock-based compensation is recognized on a straight-line basis over the award’s vesting period. The Company estimates the fair value of stock options using a Black-Scholes option pricing model. Transactions with non-employees in which goods or services are the consideration received for the issuance of equity instruments are accounted for based on the fair value of the consideration received or the fair value of the equity instrument issued, whichever is more reliably measurable. The measurement date of the fair value of the equity instrument issued is the earlier of the date on which the counterparty's performance is complete or the date on which it is probable that performance will occur. Stock-based compensation costs are reflected in the accompanying consolidated statements of comprehensive income based upon the underlying recipients' roles within the Company.

Income Taxes

The Company uses the asset and liability method of accounting for income taxes. Accordingly, deferred tax assets and liabilities are determined based on the difference between the financial statement and income tax bases of assets and liabilities, using enacted tax rates in effect for the year in which the differences are expected to reverse. A valuation allowance is recorded to reduce the carrying amount of deferred tax assets, unless it is more likely than not such assets will be realized. Current income taxes are based on the year’s taxable income for federal and state income tax reporting purposes and the annual change in deferred taxes.

The Company assesses its income tax positions and records tax benefits based upon management’s evaluation of the facts, circumstances, and information available at the reporting date. For those tax positions where it is more likely than not that a tax benefit will be sustained, the Company records the largest amount of tax benefit with a greater than 50% likelihood of being realized upon ultimate settlement with a taxing authority having full knowledge of all relevant information. For those income tax positions where it is not more likely than not that a tax benefit will be sustained, no tax benefit is recognized in the financial statements. The Company classifies interest and penalties associated with such uncertain tax positions as a component of income tax expense.

As of December 31, 2015, we have no material unrecognized tax benefits. We recorded an income tax provision of $144,924 and $149,989 for the three and six months ended December 31, 2015, respectively, and an increase in income tax payable of $86,679 and $91,744 for the three and six months ended December 31, 2015, respectively.

Net Loss per Share Attributable to Common Stockholders

Basic net loss per share is calculated by dividing the net loss by the weighted-average number of common shares that were outstanding for the period, without consideration for potential common shares. Diluted net loss per share is calculated by dividing the net loss by the sum of the weighted-average number of dilutive potential common shares outstanding for the period determined using the treasury-stock method or the as-converted method. Potentially dilutive shares are comprised of common stock options outstanding under our stock plan.

Concentrations

We extend credit to our customers and perform ongoing credit evaluations of such customers. We evaluate our accounts receivable on a regular basis for collectability and provide for an allowance for potential credit losses as deemed necessary. No reserve was required or recorded for any of the periods presented.

Substantially all of our revenues are derived from sales of wireless data products. Any significant decline in market acceptance of our products or in the financial condition of our existing customers could impair our ability to operate effectively.

A significant portion of our revenue is derived from a small number of customers. For the six months ended December 31, 2015, sales to our two largest customers accounted for 78.2% and 19.4% of our consolidated net sales and 94.6% and 0.6% of our accounts receivable balance, as of December 31, 2015. In the same period in 2014, sales to our two largest customers accounted for 63%, and 12% of our consolidated net sales and 61% and 11% of our accounts receivable balance as of December 31, 2014. No other customers accounted for more than ten percent of total net sales for the six months ended December 31, 2015 and 2014 and no other customers accounted for more than ten percent of total accounts receivable for the six months ended December 31, 2015 and 2014.

For the six months ended December 31, 2015, we purchased the majority of our wireless data products from one manufacturing company located in Asia. If this manufacturing company were to experience delays, capacity constraints or quality control problems, product shipments to our customers could be delayed, or our customers could consequently elect to cancel the underlying product purchase order, which would negatively impact the Company's revenue. For the six months ended December 31, 2015, we purchased wireless data products from this manufacturer in the amount of $28,887,185, or 98.9% of total purchases, and had related accounts payable of $19,469,976 as of December 31, 2015. For the six months ended December 31, 2014, we purchased wireless data products from two manufacturing companies in the amount of $16,506,938, or 81% of total purchases, and had related accounts payable of $4,162,219 as of December 31, 2014.

We maintain our cash accounts with established commercial banks. Such cash deposits exceed the Federal Deposit Insurance Corporation insured limit of $250,000 for each financial institution. However, we do not anticipate any losses on excess deposits.

Recently Issued Accounting Pronouncements

In May 2014, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) 2014-09, Revenue from Contracts with Customers. This amendment addresses revenue from contracts with customers, which clarifies existing accounting literature relating to how and when a company recognizes revenue. Under the update, a company will recognize revenue when it transfers promised goods or services to customers in an amount that reflects the consideration to which the company expects to be entitled in exchange for those goods and services. ASU 2015-14 delayed the effective date of this update to annual reporting periods beginning after December 15, 2017, and the amendment is to be applied retrospectively or the cumulative effect as of the date of adoption. Management is currently evaluating the impact ASU 2014-09 will have on the consolidated financial statements and related disclosures.

In August 2014, the FASB issued ASU 2014-15, Disclosure of Uncertainties about an Entity’s Ability to Continue as a Going Concern. This ASU introduces an explicit requirement for management to assess if there is substantial doubt about an entity’s ability to continue as a going concern, and to provide related footnote disclosures in certain circumstances. In connection with each annual and interim period, management must assess if there is substantial doubt about an entity’s ability to continue as a going concern within one year after the issuance date. Disclosures are required if conditions give rise to substantial doubt. ASU 2014-15 is effective for all entities in the first annual period ending after December 15, 2016. Management does not believe the potential effects of this ASU on the consolidated financial statements will be material.

In April 2015, the FASB issued ASU 2015-03, Interest—Imputation of Interest: Simplifying the Presentation of Debt Issuance Costs. The update requires debt issuance costs related to a recognized debt liability be presented in the balance sheet as a direct deduction from the carrying amount of the related debt liability instead of being presented as an asset. Debt disclosures will include the face amount of the debt liability and the effective interest rate. The update requires retrospective application and represents a change in accounting principle. ASU 2015-15 was issued subsequently to permit costs associated with a line of credit arrangement to be presented as assets and amortized ratably over the term of the arrangement. These updates will be effective for the Company on July 1, 2016. Management does not believe that these updates will materially impact the Company’s consolidated financial statements.

In July 2015, the FASB issued ASU 2015-11, Inventory—Simplifying the Measurement of Inventory. ASU 2015-11 requires inventory to be subsequently measured using the lower of cost and net realizable value, thereby eliminating the market value approach. Net realizable value is defined as the “estimated selling prices in the ordinary course of business, less reasonably predictable costs of completion, disposal and transportation.” ASU 2015-11 is effective for the Company beginning on July 1, 2017 and is applied prospectively. Early adoption is permitted. The Company is currently evaluating the impact that this guidance will have on its consolidated financial statements and disclosure.

NOTE 4 – PROPERTY AND EQUIPMENT

Property and equipment consisted of the following as of:

	December 31, 2015			June 30, 2015
Machinery and facility	$	303,520		$	300,650
Office equipment		381,927			373,554
Molds		808,130			775,499
Construction-in progress		–			2,150
		1,493,577			1,451,853
Less accumulated depreciation		(1,236,708	)		(1,137,361	)
Total	$	256,869		$	314,492

Depreciation expense associated with property and equipment was $47,714 and $57,264 for the three months ended December 31, 2015 and 2014, respectively, and $99,347 and $121,318 for the six months ended December 31, 2015 and 2014, respectively.

NOTE 5 – ACCRUED LIABILITIES

Accrued liabilities consisted of the following as of:

	December 31, 2015		June 30, 2015
Accrued salaries, severance	$	113,313	$	140,820
Accrued salaries, payroll deductions owed to government entities		9,444		8,434
Accrued vacation		69,946		75,477
Payroll taxes		9,512		10,823
Other accrued liabilities		255,746		3,065
Total	$	457,961	$	238,619

NOTE 6 – SHORT-TERM BORROWINGS

Short-term borrowings consisted of the following as of:

		December 31, 2015				June 30, 2015
Loan dated June 2011, due to a financial institution, with monthly interest payments (interest rate of 8.90% per annum), and the principal balance due March 2016 (interest rate of 5.025% per annum as extended)		$	148,295			$	148,295

The short-term borrowings of $148,295 as of December 31, 2015 and June 30, 2015, resulted from the consolidation of FTI’s debt.

NOTE 7 – EARNINGS PER SHARE

We report earnings per share in accordance with ASC 260, “Earnings Per Share.” Basic earnings per share are computed using the weighted average number of shares outstanding during the period. Diluted earnings per share represent basic earnings per share adjusted to include the potentially dilutive effect of outstanding stock options. The weighted average number of shares outstanding used to compute earnings per share is as follows:

	Three Months ended December 31,				Six Months Ended December 31,
	2015		2014		2015		2014
Net income attributable to Parent Company	$	617,219	$	424,480	$	635,166	$	707,628

Weighted-average shares of common stock outstanding:
Basic shares outstanding		10,511,012		10,533,869		10,522,503		10,533,869
Dilutive effect of common stock equivalents arising from stock options		167,027		128,010		167,027		128,010
Diluted shares outstanding		10,678,039		10,661,879		10,689,530		10,661,879
Basic earnings per share	$	0.06	$	0.04	$	0.06	$	0.07
Diluted earnings per share	$	0.06	$	0.04	$	0.06	$	0.07

NOTE 8 – COMMITMENTS AND CONTINGENCIES

Leases

We leased approximately 11,318 square feet of office space located in San Diego, California, at a monthly rent of $16,576; although the lease expired on August 31, 2015, we continued to occupy the premises with the consent of the landlord through October 27, 2015. On September 9, 2015, we signed a lease for new office space consisting of approximately 12,775 square feet, also located in San Diego, California, at a monthly rent of $23,115, which commenced on October 28, 2015. In addition to monthly rent, the new lease includes payment for certain common area costs. The term of the lease for the new office space is four years from the lease commencement date. Our facility is covered by an appropriate level of insurance and we believe it to be suitable for our use and adequate for our present needs. Rent expense related to these leases was $70,764 and $49,728 for the three months ended December 31, 2015 and 2014, respectively, and $131,080 and $99,456 for the six months ended December 31, 2015 and 2014, respectively.

Our Korea-based subsidiary, Franklin Technology, Inc. (“FTI”), leases approximately 10,000 square feet of office space in Seoul, Korea, at a monthly rent of approximately $8,000, and the lease expires on September 1, 2017. Beginning on June 12, 2015, FTI leased additional office space consisting of approximately 2,682 square feet, also located in Seoul, Korea, at a monthly rent of approximately $2,700, and the lease expires on September 1, 2017. In addition to monthly rent, the lease provides for periodic cost of living increases in the base rent and payment for certain common area costs. These facilities are covered by an appropriate level of insurance and we believe them to be suitable for our use and adequate for our present needs. Rent expense related to these leases was approximately $32,100 and $24,000 for the three months ended December 31, 2015 and 2014, respectively, and $64,200 and $48,000 for the six months ended December 31, 2015 and 2014, respectively.

We lease one corporate housing facility for our vendors and employees who travel, under a non-cancelable operating lease that expired on September 13, 2015 and was extended to September 5, 2016. Rent expense related to this lease was $2,460 and $2,597 for the three months ended December 31, 2015 and 2014, respectively, and $4,896 and $5,380 for the six months ended December 31, 2015 and 2014, respectively.

Litigation

We are from time to time involved in certain legal proceedings and claims arising in the ordinary course of business.

C-Motech Co., Ltd.

On July 27, 2010, we entered into a Common Stock Repurchase Agreement with C-Motech (the “Agreement”), under which we agreed to repurchase 3,370,356 shares of our Common Stock from C-Motech for $3,500,000. A total of 1,803,684 shares were repurchased on the date of the Agreement in exchange for non-cash consideration in the amount of $1,873,065, which represented amounts owed to the Company by C-Motech for certain marketing funds as well as the settlement of a price dispute for products previously purchased by the Company from C-Motech. Under the Agreement, the remaining 1,566,672 shares were to be repurchased by us upon payment of the balance, $1,626,935, on or before December 31, 2010.

On January 28, 2011 (the “Amendment Date”) the Agreement was amended to reflect (1) a change in the date the 1,566,672 shares are to be repurchased from C-Motech from December 31, 2010 to March 31, 2011, and (2) a change to the non-cash consideration of $1,873,065. In exchange for the 1,803,684 shares, we were to pay cash to C-Motech (in the same amount) for the shares, by March 31, 2011. In addition, in a separate agreement dated January 28, 2011, C-Motech agreed to pay us $1,873,065, for amounts owed, by March 31, 2011. The purpose of these revisions was to more clearly differentiate each party’s payment obligations to the other with respect to this transaction. Following the Amendment Date, we paid C-Motech $1,873,065 in exchange for the 1,803,684 shares previously transferred to us by C-Motech, and C-Motech paid us $1,873,065 for amounts owed, of which $1,581,457 was booked to other income and $291,608 was booked to cost of goods sold. The repurchase of the remaining 1,566,672 shares from C-Motech was not completed. We have provided formal notification to C-Motech that it is in breach of its obligations and we have also provided a demand to sell the shares back to us. We have attempted to tender payment for the shares without results. We were previously advised that two individuals, Cheng-Ji Zhu and Ok-Nam Yun, claim to have purchased the shares from C-Motech through its former CEO; however, the authority of the former CEO to agree to the sale of the shares was disputed by C-Motech. The ownership of the shares was the subject of litigation involving Cheng-Ji Zhu and Ok-Nam Yun and C-Motech in U.S. and Korean courts. On April 1, 2015 the Circuit Court of Cook County, Illinois County Department, Chancery Division issued an Order with respect to the matter of Cheng-Ji Zhu and Ok-Nam Yun, plaintiffs, v. Integrity Stock Transfer and Registrar, Mountain Share Transfer, Inc. and C-Motech Company Ltd., defendants. The Order recognizes and enforces the plaintiff's Motion to Recognize and Enforce Foreign Judgment in which the plaintiffs previously prevailed over C-Motech with respect to the ownership of the 1,566,672 shares of Franklin Wireless Common Stock in an action that took place in Korea.

On May 7, 2013, we filed a lawsuit against C-Motech in the Superior Court of California for the County of San Diego for breach of the Agreement and breach of other contracts between the parties relating to indemnification and other obligations. On February 25, 2014, C-Motech answered the complaint and on February 26, 2014, C-Motech filed a Notice of Removal from the Superior Court of the State of California for the County of San Diego to the United States District Court for the Southern District of California. On June 19, 2014, C-Motech filed a voluntary petition for relief under Chapter 15 of the U.S. Bankruptcy Code and on June 27, 2014, C-Motech filed a Motion for Recognition of a Foreign Main Proceeding under Chapter 15 of the U.S. Bankruptcy Code and Further Relief. On July 10, 2014, this motion was heard in the U.S. Bankruptcy Court for the Southern District of California during which the Court ordered that C-Motech's bankruptcy proceeding in South Korea was recognized as a foreign main proceeding and that our lawsuit against C-Motech in the U.S. District Court is stayed. The effect of this ruling is that we must participate in C-Motech's bankruptcy proceeding in South Korea if we wish to pursue our various claims against C-Motech.

On September 9, 2015, registered ownership of the shares was transferred from C-Motech to Cheng-Ji Zhu (838,350 shares) and Ok-Nam Yun (728,322 shares). Subsequently, on December 30, 2015, the Company repurchased 130,000 of the shares from Ok-Nam Yun.

Novatel Wireless, Inc.

On December 10, 2010, Novatel Wireless, Inc. and Novatel Wireless Solutions, Inc. ("Novatel") filed a complaint in the United States District Court for the Southern District of California, against us and one other defendant. The complaint alleges that certain products, including, but not limited to, mobile data hot spots and data modems, infringe on U.S. Patent Nos. 5,129,098; 7,318,225; 7,574,737 and 7,319,715. On April 13, 2012, the plaintiff filed a Second Amended Complaint which amended certain claims and added U.S. Patent No. 7,944,901 to the original complaint. On April 27, 2012, we filed a Motion to Dismiss the Second Amended Complaint as to certain of the claims. On July 6, 2012, the Court held oral argument on the Motion to Dismiss and on July 19, 2012, the Court issued an order granting in part and denying in part the Motion to Dismiss. On August 2, 2012, we answered the complaint and an Early Neutral Evaluation Conference took place on October 31, 2012 and a follow-up Settlement Conference was held on June 12, 2013. A claim construction hearing took place on October 9, 2014. On November 25, 2014, the Court granted plaintiff's Joint Motion to Joinder of Required Party, which added Nova Intellectual Solutions, LLC ("NIS") as a plaintiff to this litigation. Novatel had previously assigned the patents-in-suit to Strategic Intellectual Solutions, LLC, which is the parent company of NIS.

On April 24, 2015, NIS filed a complaint in the United States District Court for the Southern District of California, against us and FTI. The complaint alleges that one of the Company's products infringes on U.S. Patent No. 7,944,901.

On July 20, 2015, a Settlement Conference took place during which we and NIS agreed to settle this matter and an agreement governing the settlement was executed on October 20, 2015.

On October 1, 2015, we and Novatel filed a Joint Motion For Dismissal With Prejudice as to the patent infringement claims made by Novatel against us. On October 28, 2015, we and NIS filed a Joint Motion For Dismissal With Prejudice as to the patent infringement claims made by it against the Company and FTI.

Adaptix, Inc.

In October 2015 we were notified that on June 12, 2015, Adaptix, Inc. filed a complaint in the United States District Court for the Eastern District of Texas, Tyler Division against one of our customers. The complaint alleges that certain wireless devices, including one device provided by the Company, infringe on U.S. Patent No. 8,934,375. As of December 31, 2015, this legal proceeding is pending, but we do not believe that this action will have a material effect on the Company.

Change of Control Agreements

On September 21, 2009 we entered into Change of Control Agreements with OC Kim, our President, Yun J. (David) Lee, our Chief Operating Officer, and Yong Bae Won, our Vice President, Engineering. Each Change of Control Agreement provides for a lump sum payment to the officer in case of a change of control of the Company. The term includes the acquisition of Common Stock of the Company resulting in one person or company owning more than 50% of the outstanding shares, a significant change in the composition of the Board of Directors of the Company during any 12-month period, a reorganization, merger, consolidation or similar transaction resulting in the transfer of ownership of more than fifty percent (50%) of the Company's outstanding Common Stock, or a liquidation or dissolution of the Company or sale of substantially all of the Company's assets.

The Change of Control Agreement with Mr. Kim calls for a payment of $5 million upon a change of control; the agreement with Mr. Lee calls for a payment of $2 million upon a change of control; and the agreement with Mr. Won was for two years and called for a payment of $1 million upon a change of control.

The Board of Directors has approved extension of the Change of Control Agreements with Mr. Kim and Mr. Lee, through September 21, 2017. The Change of Control Agreement with Mr. Won expired on September 21, 2014 and was not renewed or extended.

NOTE 9 – LONG-TERM INCENTIVE PLAN AWARDS

We adopted the 2009 Stock Incentive Plan (“2009 Plan”) on June 11, 2009, which provided for the grant of incentive stock options and non-qualified stock options to our employees and directors. Options granted under the 2009 Plan generally have a term of ten years and generally vest and become exercisable at the rate of 33% after one year and 33% on the second and third anniversaries of the option grant dates. Historically, some stock option grants have included shorter vesting periods ranging from one to two years.

The estimated forfeiture rate considers historical turnover rates stratified into employee pools in comparison with an overall employee turnover rate, as well as expectations about the future. We periodically revise the estimated forfeiture rate in subsequent periods if actual forfeitures differ from those estimates. Compensation expense recorded under this method for the three and six months ended December 31, 2015 was ($12,500) and ($25,000), respectively. The expense credits for the three and six months ended December 31, 2015 resulted from the reversal of expenses booked in prior periods for stock options for a small number of employees that were cancelled. This amount increased income from operations and income before provision for income taxes by the same amount by decreasing compensation expense recognized in selling, general and administrative expense.

A summary of the status of our stock options is presented below:

					Weighted-
					Average
			Weighted-		Remaining
			Average		Contractual		Aggregate
			Exercise		Life		Intrinsic
Options	Shares		Price		(In Years)		Value
Outstanding as of June 30, 2015		850,337	$	1.24		4.36	$	306,583
Granted		–
Exercised		–
Cancelled		–
Forfeited or Expired		–

Outstanding as of December 31, 2015		850,337	$	1.24		3.86	$	816,782

Exercisable as of December 31, 2015		850,337	$	1.24		3.86	$	816,782

The aggregate intrinsic value in the preceding table represents the total pretax intrinsic value, based upon the Company’s closing stock price of $2.20 as of December 31, 2015, which would have been received by the option holders had all option holders exercised their options as of that date. The weighted-average grant-date fair value of stock options outstanding as of December 31, 2015, in the amount of 850,337 shares, was $1.15 per share.

As of December 31, 2015, there was no unrecognized compensation cost related to non-vested stock options granted.

ITEM 2. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS

The following discussion and analysis of our financial condition and results of operations should be read in conjunction with our financial statements and related notes included elsewhere in this report. This report contains certain forward-looking statements relating to future events or our future financial performance. These statements are subject to risks and uncertainties which could cause actual results to differ materially from those discussed in this report. You are cautioned not to place undue reliance on this information, which speaks only as of the date of this report. We are not obligated to publicly update this information, whether as a result of new information, future events or otherwise, except to the extent we are required to do so in connection with our obligation to file reports with the SEC. For a discussion of the important risks to our business and future operating performance, see the discussion under the caption “Item 1A. Risk Factors” and under the caption “Factors That May Influence Future Results of Operations” in the Company’s Form 10-K for the year ended June 30, 2015, filed on September 28, 2015. In light of these risks, uncertainties and assumptions, the forward-looking events discussed in this report might not occur.

BUSINESS OVERVIEW

FACTORS THAT MAY INFLUENCE FUTURE RESULTS OF OPERATIONS

We believe that our revenue growth will be influenced largely by (1) the successful maintenance of our existing customers, (2) the rate of increase in demand for wireless data products, (3) customer acceptance of our new products, (4) new customer relationships and contracts, and (5) our ability to meet customers’ demands.

We have entered into and expect to continue to enter into new customer relationships and contracts for the supply of our products, and this may require significant demands on our resources, resulting in increased operating, selling, and marketing expenses associated with such new customers.

CRITICAL ACCOUNTING POLICIES

Our discussion and analysis of our financial condition and results of operations are based upon our consolidated financial statements, which are prepared in accordance with accounting principles generally accepted in the United States of America (GAAP). The preparation of these financial statements in accordance with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and the disclosure of contingencies at the date of the financial statements, as well as the reported amounts of revenues and expenses during the reporting periods. Management evaluates these estimates and assumptions on an ongoing basis. Our estimates and assumptions have been prepared on the basis of the most current reasonably available information. The results of these estimates form the basis for making judgments about the carrying values of assets and liabilities that are not readily apparent from other sources. Actual results could differ from these estimates under different assumptions and conditions.

We have several critical accounting policies, which were described in our Annual Report on Form 10-K for the year ended June 30, 2015, that are both important to the portrayal of our financial condition and results of operations and require management’s most difficult, subjective and complex judgments. Typically, the circumstances that make these judgments difficult, subjective and complex have to do with making estimates about the effect of matters that are inherently uncertain. There were no material changes to our critical accounting policies during the three months ended December 31, 2015.

RESULTS OF OPERATIONS

The following table sets forth, for the three and six months ended December 31, 2015 and 2014, our statements of comprehensive income including data expressed as a percentage of sales:

	Three Months Ended						Six Months Ended
	December 31,						December 31,
	2015			2014			2015			2014
Net sales		100.0%			100.0%			100.0%			100.0%
Cost of goods sold		84.3%			80.1%			84.0%			81.6%
Gross profit		15.7%			19.9%			16.0%			18.4%
Operating expenses		10.2%			15.7%			12.2%			15.9%
Income from operations		5.5%			4.2%			3.8%			2.5%
Other income, net		0.2%			1.6%			0.1%			1.5%
Net income before income taxes		5.7%			5.8%			3.7%			4.0%
Income tax provision		0.7%			1.2%			0.5%			0.8%
Net income		5.0%			4.6%			3.2%			3.2%
Non-controlling interest in net income of subsidiary		(1.9%	)		(1.2%	)		(1.2%	)		(0.5%	)
Net income attributable to Parent Company stockholders		3.1%			3.4%			2.0%			2.7%

THREE MONTHS ENDED DECEMBER 31, 2015 COMPARED TO THREE MONTHS ENDED DECEMBER 31, 2014

NET SALES – Net sales increased by $7,668,794, or 61.4%, to $20,163,481 for the three months ended December 31, 2015 from $12,494,687 for the corresponding period of 2014. For the three months ended December 31, 2015, net sales by geographic regions, consisting of the United States, South America and the Caribbean, EMEA and Asia, were $15,360,582 (76.2% of net sales), $7,000 (0.0% of net sales), $4,743,238 (23.5% of net sales) and $52,661 (0.3% of net sales), respectively. For the three months ended December 31, 2014, net sales by geographic regions, consisting of the United States, South America and the Caribbean, EMEA and Asia, were $8,816,503 (70.6% of net sales), $1,257,352 (10.0% of net sales), $1,357,015 (10.9% of net sales) and $1,063,817 (8.5% of net sales), respectively.

Net sales in the United States increased by $6,544,079, or 74.2%, to $15,360,582 for the three months ended December 31, 2015 from $8,816,503 for the corresponding period of 2014. The increase in net sales was primarily due to increased demand for one of the Company's products from a carrier customer. Net sales in the South American and Caribbean regions decreased by $1,250,352, or 99.4%, to $7,000 for the three months ended December 31, 2015 from $1,257,352 for the corresponding period of 2014. The decrease in net sales was primarily due to the general nature of sales in these regions, which often fluctuate significantly from period to period due to timing of orders placed by a relatively small number of customers. Net sales in EMEA increased by $3,386,223, or 249.5%, to $4,743,238 for the three months ended December 31, 2015 from $1,357,015 for the corresponding period of 2014. The increase in net sales was due to timing of orders placed by a carrier customer in Africa. Net sales in Asia decreased by $1,011,156, or 95.0%, to $52,661 for the three months ended December 31, 2015 from $1,063,817 for the corresponding period of 2014. The decrease in net sales was primarily due to lower product and component sales generated by FTI, which typically vary from period to period.

GROSS PROFIT – Gross profit increased by $675,181, or 27.1%, to $3,162,906 for the three months ended December 31, 2015 from $2,487,725 for the corresponding period of 2014. The gross profit in terms of net sales percentage was 15.7% for the three months ended December 31, 2015 compared to 19.9% for the corresponding period of 2014. The increase in gross profit was primarily due to the change in net sales as described above. The decrease in gross profit in terms of net sales percentage was primarily due to variations in customer and product mix, competitive selling prices and product costs which generally vary from period to period and region to region.

OPERATING EXPENSES – Operating expenses increased by $84,653, or 4.3%, to $2,050,415 for the three months ended December 31, 2015 from $1,965,762 for the corresponding period of 2014. The increase was primarily due to higher shipping and handling costs resulting from the volume increase in product shipments and increases in administrative office rent and share-based compensation expense, which were partially offset by lower travel related expenses and amortization and depreciation expense.

OTHER INCOME, NET – Other income, net decreased by $175,754, or 86.0%, to $28,493 for the three months ended December 31, 2015 from $204,247 for the corresponding period of 2014. The decrease was primarily due to expenses that were reversed associated with certain marketing related activities accrued in prior periods which expired during the three months ended December 31, 2014. During the three months ended December 30, 2015, no expenses were reversed or expired.

SIX MONTHS ENDED DECEMBER 31, 2015 COMPARED TO SIX MONTHS ENDED DECEMBER 31, 2014

NET SALES – Net sales increased by $6,001,183, or 23.0%, to $32,111,947 for the six months ended December 31, 2015 from $26,110,764 for the corresponding period of 2014. For the six months ended December 31, 2015, net sales by geographic regions, consisting of the United States, South America and the Caribbean, EMEA and Asia, were $25,470,917 (79.3% of net sales), $100,000 (0.3% of net sales), $6,485,441 (20.2% of net sales) and $55,589 (0.2% of net sales), respectively. For the six months ended December 31, 2014, net sales by geographic regions, consisting of the United States, South America and the Caribbean, EMEA and Asia, were $19,725,646 (75.6% of net sales), $1,415,052 (5.4% of net sales), $1,363,398 (5.2% of net sales) and $3,606,668 (13.8% of net sales), respectively.

Net sales in the United States increased by $5,745,271, or 29.1%, to $25,470,917 for the six months ended December 31, 2015 from $19,725,646 for the corresponding period of 2014. The increase in net sales was primarily due to increased demand for one of the Company's products from a carrier customer. Net sales in the South American and Caribbean regions decreased by $1,315,052, or 92.9%, to $100,000 for the six months ended December 31, 2015 from $1,415,052 for the corresponding period of 2014. The decrease in net sales was primarily due to the general nature of sales in these regions, which often fluctuate significantly from period to period due to timing of orders placed by a relatively small number of customers. Net sales in EMEA increased by $5,122,043, or 375.7%, to $6,485,441 for the six months ended December 31, 2015 from $1,363,398 for the corresponding period of 2014. The increase in net sales was due to timing of orders placed by a carrier customer in Africa. Net sales in Asia decreased by $3,551,079, or 98.5%, to $55,589 for the six months ended December 31, 2015 from $3,606,668 for the corresponding period of 2014. The decrease in net sales was primarily due to lower product and component sales generated by FTI, which typically vary from period to period.

GROSS PROFIT – Gross profit increased by $322,588, or 6.7%, to $5,125,913 for the six months ended December 31, 2015 from $4,803,325 for the corresponding period of 2014. The gross profit in terms of net sales percentage was 16.0% for the six months ended December 31, 2015 compared to 18.4% for the corresponding period of 2014. The increase in gross profit was primarily due to the change in net sales as described above. The decrease gross profit in terms of net sales percentage was primarily due to variations in customer and product mix, competitive selling prices and product costs which generally vary from period to period and region to region.

OPERATING EXPENSES – Operating expenses decreased by $220,827, or 5.3%, to $3,927,860 for the six months ended December 31, 2015 from $4,148,687 for the corresponding period of 2014. The decrease was primarily due to lower share-based compensation expense, amortization and depreciation expense and expenses associated with research and development, legal and travel.

OTHER INCOME (LOSS), NET – Other income (loss), net decreased by $398,183 to ($14,520) for the six months ended December 31, 2015 from $383,663 for the corresponding period of 2014. The decrease was primarily due to expenses that were reversed associated with certain marketing related activities accrued in prior periods which expired during the six months ended December 31, 2014. During the six months ended December 30, 2015, no expenses were reversed or expired.

LIQUIDITY AND CAPITAL RESOURCES

Our historical operating results, capital resources and financial position, in combination with current projections and estimates, were considered in management's plan and intentions to fund our operations over a reasonable period of time, which we define as the twelve month period ending December 31, 2016. For purposes of liquidity disclosures, we assess the likelihood that we have sufficient available working capital and other principal sources of liquidity to fund our operating activities and obligations as they become due.

Our principal source of liquidity as of December 31, 2015 consisted of cash and cash equivalents of $14,657,624. We believe we have sufficient available capital to cover our existing operations and obligations through at least December 31, 2016. Our long-term future cash requirements will depend on numerous factors, including our revenue base, profit margins, product development activities, market acceptance of our products, future expansion plans and ability to control costs. If we are unable to achieve our current business plan or secure additional funding that may be required, we would need to curtail our operations or take other similar actions outside the ordinary course of business in order to continue to operate as a going concern.

OPERATING ACTIVITIES – Net cash provided by operating activities for the six months ended December 31, 2015 and 2014 were $3,922,235 and $3,913,584, respectively.

The $3,922,235 in net cash provided by operating activities for the six months ended December 31, 2015 was primarily due to the increase in accounts payable and the decrease in prepaid income taxes of $13,285,927 and $1,055,788, respectively, as well as our operating results (net income adjusted for depreciation, amortization and other non-cash charges), which were partially offset by the increases in accounts receivable and inventories of $9,503,740 and $2,290,408, respectively. The $3,913,584 in net cash provided by operating activities for the six months ended December 31, 2014 was primarily due to the increase in advance payments from customers and the decrease in accounts receivable of $1,566,645 and $547,471, respectively, as well as our operating results (net income adjusted for depreciation, amortization and other non-cash charges).

INVESTING ACTIVITIES – Net cash used in investing activities for the six months ended December 31, 2015 and 2014 were $822,683 and $110,908, respectively.

The $822,683 in net cash used in investing activities for the six months ended December 31, 2015 was primarily due to the payments for capitalized product development and purchases of intangible assets of $603,577 and $177,382, respectively. The $110,908 in net cash used in investing activities for the six months ended December 31, 2014 was primarily due to the payments for capitalized product development of $81,591.

FINANCING ACTIVITIES – Net cash used in financing activities for the six months ended December 31, 2015 and 2014 were $234,000 and $0, respectively. The $234,000 in net cash used in financing activities for the six months ended December 31, 2015 was due to the repurchase of 130,000 shares of our common stock from a shareholder.

CONTRACTUAL OBLIGATIONS AND OTHER COMMITMENTS

Leases

Recently Issued Accounting Pronouncements

Refer to NOTE 3 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES in the Consolidated Financial Statements.

OFF-BALANCE SHEET ARRANGEMENTS

None.

ITEM 3. QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK

As a “smaller reporting company,” the Company is not required to respond to this item.

ITEM 4. CONTROLS AND PROCEDURES

Disclosure Controls and Procedures

The Company’s President and Chief Financial Officer have concluded, based on an evaluation of the Company’s disclosure controls and procedures (as defined in the Securities Exchange Act of 1934 Rules 13a-15(e) and 15(d)-15(e)), that such disclosure controls and procedures were effective as of the end of the period covered by this report.

Changes in Internal Control Over Financial Reporting

There has been no change in the Company’s internal control over financial reporting during the three months ended December 31, 2015 that has materially affected, or is reasonably likely to materially affect, our internal control over financial reporting.

PART II – OTHER INFORMATION

ITEM 1. LEGAL PROCEEDINGS

We have provided information about legal proceedings in which we are involved in Note 8 of the notes to consolidated financial statements for the six months ended December 31, 2015, contained within this Quarterly Report on Form 10-Q.

ITEM 1A. RISK FACTORS

Our Annual Report on Form 10-K for the fiscal year ended June 30, 2015, filed with the SEC on September 28, 2015 (the “Annual Report”), includes a detailed discussion of our risk factors under the heading “PART I, ITEM 1A – RISK FACTORS.” You should carefully consider the risk factors discussed in our Annual Report, as well as other information in this quarterly report. Any of these risks could cause our business, financial condition, results of operations and future growth prospects to suffer. We are not aware of any material changes from the risk factors previously disclosed.

ITEM 2. UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS

None.

ITEM 3. DEFAULTS UPON SENIOR SECURITIES

None.

ITEM 4. MINE SAFETY DISCLOSURES

None.

ITEM 5. OTHER INFORMATION

None.

ITEM 6. EXHIBITS

31.1 Certification of Chief Executive Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.

31.2 Certification of Chief Financial Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.

32.1 Certification of Chief Executive Officer pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.

32.2 Certification of Chief Financial Officer pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.

SIGNATURES

In accordance with Section 13 of 15(d) of the Exchange Act, the registrant caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

	Franklin Wireless Corp.

	By:	/s/ OC Kim
		OC Kim President (Principal Executive Officer)

	By:	/s/ Richard T. Walker
		Richard T. Walker Chief Financial Officer (Principal Financial Officer)
Dated: February 16, 2016

EX-31.1 2 franklin_10q-ex3101.htm CERTIFICATION

Exhibit 31.1

CERTIFICATION OF CHIEF EXECUTIVE OFFICER PURSUANT TO

SECTION 302 OF THE SARBANES-OXLEY ACT OF 2002

I, OC Kim, President of Franklin Wireless Corp., certify that:

I have reviewed this quarterly report on Form 10-Q of Franklin Wireless Corp.;

Based on my knowledge, this quarterly report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;

I am responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) for the registrant and have:

Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant is made known to us by others within those entities, particularly during the period in which this report is being prepared;

Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

Evaluated the effectiveness of the registrant's disclosure controls and procedures and presented in this report my conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and

Disclosed in this report any change in the registrant's internal control over financial reporting that occurred during the registrant's most recent fiscal quarter(the registrant’s fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting; and

I have disclosed, based on my most recent evaluation of internal control over financial reporting, to the registrant’s auditors and the audit committee of the registrant’s board of directors (or persons performing the equivalent functions):

All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant’s ability to record, process, summarize and report financial information; and

Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant’s internal control over financial reporting.

/s/ OC KIM

OC Kim

President

February 16, 2016

EX-31.2 3 franklin_10q-ex3102.htm CERTIFICATION

Exhibit 31.2

CERTIFICATION OF CHIEF FINANCIAL OFFICER PURSUANT TO

SECTION 302 OF THE SARBANES-OXLEY ACT OF 2002

I, Richard T. Walker, Chief Financial Officer of Franklin Wireless Corp., certify that:

I have reviewed this quarterly report on Form 10-Q of Franklin Wireless Corp.;

I am responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) for the registrant and have:

Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant’s internal control over financial reporting.

/s/ RICHARD T. WALKER

Richard T. Walker

Chief Financial Officer

February 16, 2016

EX-32.1 4 franklin_10q-ex3201.htm CERTIFICATION

Exhibit 32.1

CERTIFICATION PURSUANT TO

SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002

In connection with the Quarterly Report of Franklin Wireless Corp. (the "Company") on Form 10-Q for the three and six months ended December 31, 2015 as filed with the Securities and Exchange Commission on the date hereof (the "Report"), I, OC Kim, President of the Company, certify, pursuant to 18 U.S.C. ss. 1350, as adopted pursuant to ss. 906 of the Sarbanes-Oxley Act of 2002, that to my knowledge:

(1) The Report fully complies with the requirements of section 13(a) or15(d) of the Securities Exchange Act of 1934; and

(2) The information contained in the Report fairly presents, in all material respects, the financial condition and result of operations of the Company.

/s/ OC KIM

OC Kim

President

February 16, 2016

A signed copy of this written statement required by section 906 of the Sarbanes-Oxley Act of 2002 has been provided to the Company and will be retained by the Company and furnished to the Securities and Exchange Commission or its staff upon request.

EX-32.2 5 franklin_10q-ex3202.htm CERTIFICATION

Exhibit 32.2

CERTIFICATION PURSUANT TO

SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002

In connection with the Quarterly Report of Franklin Wireless Corp. (the "Company") on Form 10-Q for the three and six months ended December 31, 2015 as filed with the Securities and Exchange Commission on the date hereof (the "Report"), I, Richard T. Walker, Chief Financial Officer of the Company, certify, pursuant to 18 U.S.C. ss. 1350, as adopted pursuant to ss. 906 of the Sarbanes-Oxley Act of 2002, that to my knowledge:

(1) The Report fully complies with the requirements of section 13(a) or15(d) of the Securities Exchange Act of 1934; and

(2) The information contained in the Report fairly presents, in all material respects, the financial condition and result of operations of the Company.

/s/ RICHARD T. WALKER

Richard T. Walker

February 16, 2016

EX-101.INS 6 fkwl-20151231.xml XBRL INSTANCE FILE 0000722572 2015-06-30 0000722572 2014-06-30 0000722572 FKWL:CompleteTechnology1Member 2015-06-30 0000722572 FKWL:CompleteTechnology2Member 2015-06-30 0000722572 FKWL:CompleteTechnology3Member 2015-06-30 0000722572 FKWL:SupplyAndDevelopmentAgreementMember 2015-06-30 0000722572 us-gaap:ComputerSoftwareIntangibleAssetMember 2015-06-30 0000722572 FKWL:PatentMember 2015-06-30 0000722572 FKWL:CertificationAndLicensesMember 2015-06-30 0000722572 country:US 2015-06-30 0000722572 country:US 2015-12-31 0000722572 us-gaap:AsiaMember 2015-06-30 0000722572 us-gaap:AsiaMember 2015-12-31 0000722572 FKWL:CompleteTechnology4Member 2015-06-30 0000722572 FKWL:CompleteTechnology5Member 2015-06-30 0000722572 FKWL:CompleteTechnology6Member 2015-06-30 0000722572 2016-02-16 0000722572 FKWL:CompleteTechnology7Member 2015-06-30 0000722572 us-gaap:MachineryAndEquipmentMember 2015-06-30 0000722572 us-gaap:MachineryAndEquipmentMember 2015-12-31 0000722572 us-gaap:OfficeEquipmentMember 2015-06-30 0000722572 us-gaap:OfficeEquipmentMember 2015-12-31 0000722572 us-gaap:ToolsDiesAndMoldsMember 2015-06-30 0000722572 us-gaap:ToolsDiesAndMoldsMember 2015-12-31 0000722572 us-gaap:ConstructionInProgressMember 2015-06-30 0000722572 us-gaap:ConstructionInProgressMember 2015-12-31 0000722572 FKWL:CompleteTechnology1Member 2014-07-01 2015-06-30 0000722572 FKWL:CompleteTechnology2Member 2014-07-01 2015-06-30 0000722572 FKWL:CompleteTechnology3Member 2014-07-01 2015-06-30 0000722572 FKWL:CompleteTechnology4Member 2014-07-01 2015-06-30 0000722572 FKWL:CompleteTechnology5Member 2014-07-01 2015-06-30 0000722572 FKWL:CompleteTechnology6Member 2014-07-01 2015-06-30 0000722572 FKWL:CompleteTechnology7Member 2014-07-01 2015-06-30 0000722572 FKWL:SupplyAndDevelopmentAgreementMember 2014-07-01 2015-06-30 0000722572 us-gaap:ComputerSoftwareIntangibleAssetMember 2014-07-01 2015-06-30 0000722572 FKWL:PatentMember 2014-07-01 2015-06-30 0000722572 FKWL:CertificationAndLicensesMember 2014-07-01 2015-06-30 0000722572 FKWL:CompleteTechnology8Member 2015-06-30 0000722572 FKWL:CompleteTechnology8Member 2014-07-01 2015-06-30 0000722572 FKWL:CompleteTechnology9Member 2015-06-30 0000722572 FKWL:CompleteTechnology9Member 2014-07-01 2015-06-30 0000722572 us-gaap:SupplierConcentrationRiskMember us-gaap:AccountsPayableMember 2015-12-31 0000722572 2015-07-01 2015-12-31 0000722572 2014-07-01 2014-12-31 0000722572 2015-12-31 0000722572 2014-12-31 0000722572 country:US 2014-07-01 2014-12-31 0000722572 country:US 2015-07-01 2015-12-31 0000722572 FKWL:CaribbeanSouthAmericaMember 2014-07-01 2014-12-31 0000722572 FKWL:CaribbeanSouthAmericaMember 2015-07-01 2015-12-31 0000722572 us-gaap:EMEAMember 2014-07-01 2014-12-31 0000722572 us-gaap:EMEAMember 2015-07-01 2015-12-31 0000722572 us-gaap:AsiaMember 2014-07-01 2014-12-31 0000722572 us-gaap:AsiaMember 2015-07-01 2015-12-31 0000722572 us-gaap:EquipmentMember 2015-07-01 2015-12-31 0000722572 us-gaap:OfficeEquipmentMember 2015-07-01 2015-12-31 0000722572 us-gaap:ToolsDiesAndMoldsMember 2015-07-01 2015-12-31 0000722572 us-gaap:VehiclesMember 2015-07-01 2015-12-31 0000722572 us-gaap:ComputerEquipmentMember 2015-07-01 2015-12-31 0000722572 us-gaap:FurnitureAndFixturesMember 2015-07-01 2015-12-31 0000722572 FKWL:FacilitiesMember 2015-07-01 2015-12-31 0000722572 FKWL:CompleteTechnology1Member 2015-12-31 0000722572 FKWL:CompleteTechnology2Member 2015-12-31 0000722572 FKWL:CompleteTechnology3Member 2015-12-31 0000722572 FKWL:CompleteTechnology4Member 2015-12-31 0000722572 FKWL:CompleteTechnology5Member 2015-12-31 0000722572 FKWL:CompleteTechnology6Member 2015-12-31 0000722572 FKWL:CompleteTechnology7Member 2015-12-31 0000722572 FKWL:CompleteTechnology8Member 2015-12-31 0000722572 FKWL:CompleteTechnology9Member 2015-12-31 0000722572 FKWL:SupplyAndDevelopmentAgreementMember 2015-12-31 0000722572 us-gaap:ComputerSoftwareIntangibleAssetMember 2015-12-31 0000722572 FKWL:PatentMember 2015-12-31 0000722572 FKWL:CertificationAndLicensesMember 2015-12-31 0000722572 FKWL:CompleteTechnology1Member 2015-07-01 2015-12-31 0000722572 FKWL:CompleteTechnology2Member 2015-07-01 2015-12-31 0000722572 FKWL:CompleteTechnology3Member 2015-07-01 2015-12-31 0000722572 FKWL:CompleteTechnology4Member 2015-07-01 2015-12-31 0000722572 FKWL:CompleteTechnology5Member 2015-07-01 2015-12-31 0000722572 FKWL:CompleteTechnology6Member 2015-07-01 2015-12-31 0000722572 FKWL:CompleteTechnology7Member 2015-07-01 2015-12-31 0000722572 FKWL:CompleteTechnology8Member 2015-07-01 2015-12-31 0000722572 FKWL:CompleteTechnology9Member 2015-07-01 2015-12-31 0000722572 FKWL:SupplyAndDevelopmentAgreementMember 2015-07-01 2015-12-31 0000722572 us-gaap:ComputerSoftwareIntangibleAssetMember 2015-07-01 2015-12-31 0000722572 FKWL:PatentMember 2015-07-01 2015-12-31 0000722572 FKWL:CertificationAndLicensesMember 2015-07-01 2015-12-31 0000722572 FKWL:TechnologyInProgressMember 2015-12-31 0000722572 us-gaap:SalesMember FKWL:Customer1Member 2014-07-01 2014-12-31 0000722572 us-gaap:SalesMember FKWL:Customer1Member 2015-07-01 2015-12-31 0000722572 us-gaap:SalesMember FKWL:Customer2Member 2014-07-01 2014-12-31 0000722572 us-gaap:SalesMember FKWL:Customer2Member 2015-07-01 2015-12-31 0000722572 us-gaap:AccountsReceivableMember FKWL:Customer1Member 2014-07-01 2014-12-31 0000722572 us-gaap:AccountsReceivableMember FKWL:Customer1Member 2015-07-01 2015-12-31 0000722572 us-gaap:AccountsReceivableMember FKWL:Customer2Member 2014-07-01 2014-12-31 0000722572 us-gaap:AccountsReceivableMember FKWL:Customer2Member 2015-07-01 2015-12-31 0000722572 us-gaap:CostOfGoodsProductLineMember us-gaap:SupplierConcentrationRiskMember 2014-07-01 2014-12-31 0000722572 us-gaap:CostOfGoodsProductLineMember us-gaap:SupplierConcentrationRiskMember 2015-07-01 2015-12-31 0000722572 FKWL:SanDiegoMember 2015-07-01 2015-12-31 0000722572 FKWL:SanDiegoMember 2014-07-01 2014-12-31 0000722572 FKWL:SeoulMember 2015-07-01 2015-12-31 0000722572 FKWL:SeoulMember 2014-07-01 2014-12-31 0000722572 FKWL:CorporateHousingFacilityMember 2015-07-01 2015-12-31 0000722572 FKWL:CorporateHousingFacilityMember 2014-07-01 2014-12-31 0000722572 us-gaap:StockOptionMember 2015-07-01 2015-12-31 0000722572 us-gaap:StockOptionMember 2015-06-30 0000722572 us-gaap:StockOptionMember 2015-12-31 0000722572 2015-10-01 2015-12-31 0000722572 2014-10-01 2014-12-31 0000722572 country:US 2015-10-01 2015-12-31 0000722572 FKWL:CaribbeanSouthAmericaMember 2015-10-01 2015-12-31 0000722572 FKWL:CaribbeanSouthAmericaMember 2014-10-01 2014-12-31 0000722572 country:US 2014-10-01 2014-12-31 0000722572 us-gaap:EMEAMember 2014-10-01 2014-12-31 0000722572 us-gaap:AsiaMember 2015-10-01 2015-12-31 0000722572 us-gaap:AsiaMember 2014-10-01 2014-12-31 0000722572 us-gaap:EMEAMember 2015-10-01 2015-12-31 0000722572 FKWL:SanDiegoMember 2014-10-01 2014-12-31 0000722572 FKWL:SanDiegoMember 2015-10-01 2015-12-31 0000722572 FKWL:SeoulMember 2015-10-01 2015-12-31 0000722572 FKWL:SeoulMember 2014-10-01 2014-12-31 0000722572 FKWL:CorporateHousingFacilityMember 2015-10-01 2015-12-31 0000722572 FKWL:CorporateHousingFacilityMember 2014-10-01 2014-12-31 0000722572 us-gaap:ShortTermDebtMember 2015-12-31 0000722572 us-gaap:ShortTermDebtMember 2015-07-01 2015-12-31 iso4217:USD xbrli:shares iso4217:USD xbrli:shares xbrli:pure FRANKLIN WIRELESS CORP 0000722572 10-Q 2015-12-31 false --06-30 No No Yes Smaller Reporting Company Q2 2016

32111947

26110764

19725646

25470917

1415052

100000

1363398

6485441

3606668

55589

20163481

12494687

15360582

7000

1257352

8816503

1357015

52661

1063817

4743238

P6Y

P5Y

P3Y

P5Y

P7Y

P5Y

1451853

300650

303520

373554

381927

775499

808130

2150

1493577

1137361

1236708

75477

69946

148295

6968058

490000

1517683

281714

1121000

197418

57655

1783561

361249

174009

909962

65000

2402

6405

7749017

490000

1517683

281714

361249

174009

909962

65000

2402

6405

1121000

214065

58390

1943561

603577

5925777

490000

1517683

281714

805719

158284

1005

1389573

361249

159508

733025

27083

400

534

6409824

490000

1517683

281714

361249

174009

884685

37917

800

1602

875781

180671

1710

1602003

8434 9444 10403869

1042281

315281

39134

56650

393988

14501

176937

37917

2002

5871

1339193

25277

27083

1602

4803

245219

33394

56680

341558

603577

10533869

10403869

The increase was due to the net income of subsidiary of $825,828 for the six months ended December 31, 2015, of which 48.2% was attributable to the non-controlling interests.

603577

.63

.782

.12

.194

.61

.946

.11

.006

.81

.989

3065

255746

10823

9512

140820

113313

1356773

785144

1139870

571629

456192

1596062

P3Y

P8Y

P5Y

P10Y

P3Y

P8Y

P5Y

P10Y

P3Y

P3M18D

P6M

P1Y9M18D

P3Y3M18D

P1Y1M6D

P6Y9M18D

P4M24D

P2Y6M

P2Y9M18D

P1M6D

P1Y3M18D

P2Y

P2Y3M18D

P1Y9M18D

P1Y7M6D

P7Y6M

P2Y2M12D

5464182

14945041

143384

166265

2281667

4572075

60339

13601

1055788

206902

62321

118806

21097203

34680314

314492

256869

1860347

1768588

273285

129859

133912

24717467

38452161

7362075

19469976

20648002

4162219

693317

87002

238619

457961

148295

8442306

21433004

8442306

21433004

13806

7305767

7280767

13361091

13996257

4279479

4513479

-664722

-695270

15736463

16082081

538698

937076

24717467

38452161

0.001

.001

10000000

0.001

.001

50000000

10533869

10403869

3342286

3472286

11822620

8240595

14657624

11917127

16275161

17019157

.482

120867

91744

671428

675578

456969

322838

484047

653510

229701

321280

131080

99456

64200

48000

4896

5380

49728

70764

32100

24000

2460

2597

850337

1.24

P4Y4M10D

P3Y10M10D

306583

816782

1.15

5125913

4803325

3162906

2487725

2411682

2632784

1256806

1225254

1516178

1515903

793609

740508

3927860

4148687

2050415

1965762

1198053

654638

1112491

521963

5708

5655

3431

3020

-20228

378008

25062

201227

-14520

383663

28493

204247

1183533

1038301

1140984

726210

149989

210000

144924

152000

1033544

828301

996060

574210

398378

120673

378841

149730

635166

707628

617219

424480

.06

.07

.06

.04

.06

.07

.06

.04

10522503

10533869

10511012

10533869

10689530

10661879

10678039

10661879

-30548

-126144

1314

-81376

398378

120673

378841

149730

99347

121318

47714

57264

484047

653510

-25000

42951

-12500

-40664

331601

9503740

-547471

2290408

-173117

-46738

-65958

-1055788

-147000

56484

-20233

4053

-7194

13285927

69811

-606315

1566645

219341

-20661

91744

3922235

3913584

41724

29643

177382

6802

7128

-822683

-110908

-234000

-30548

-126144

2835004

3676532

4869

-1090181

The accompanying unaudited consolidated financial statements of Franklin Wireless Corp. (the Company) have been prepared in accordance with accounting principles generally accepted in the United States (GAAP) for interim financial information and are presented in accordance with the requirements of Form 10-Q. In the opinion of management, the financial statements included herein contain all adjustments, including normal recurring adjustments, considered necessary to present fairly the financial position, the results of operations and comprehensive income (loss) and cash flows of the Company for the periods presented.  These financial statements and notes hereto should be read in conjunction with the financial statements and notes thereto for the fiscal year ended June 30, 2015 included in the Companys Form 10-K filed on September 28, 2015.  The operating results or cash flows for the interim periods presented herein are not necessarily indicative of the results to be expected for any other interim period or the full year.

We are a provider of intelligent wireless solutions including mobile hotspots, routers and modems as well as innovative hardware and software products that support machine-to-machine (M2M) applications and the Internet of Things (IoT). Our M2M and IoT solutions include embedded modules, modems and gateways built to deliver reliable always-on connectivity supporting a broad spectrum of applications. These products are designed to solve wireless connectivity challenges in a variety of vertical markets including video surveillance, digital signage, home security, oil and gas exploration, kiosks, fleet management, smart grid, vehicle diagnostics, telematics and many more.   We have a majority ownership position in Franklin Technology Inc. (FTI), a research and development facility located in Seoul, South Korea. FTI primarily provides design and development services to us for our wireless products.   Our products are generally marketed and sold directly to wireless operators, and indirectly through strategic partners and distributors. Our global customer base extends primarily from the United States to countries in South America, the Caribbean, Europe, the Middle East and Africa ("EMEA") and Asia.

Property and equipment consisted of the following as of:   <table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif"> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1pt solid">December 31, 2015</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1pt solid">June 30, 2015</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="width: 66%; text-align: justify">Machinery and facility</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 13%; text-align: right">303,520</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 13%; text-align: right">300,650</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: justify">Office equipment</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">381,927</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">373,554</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="text-align: justify">Molds</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">808,130</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">775,499</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: justify; padding-bottom: 1pt">Construction-in progress</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right"></td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">2,150</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">1,493,577</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">1,451,853</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: justify; padding-bottom: 1pt">Less accumulated depreciation</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">(1,236,708</td><td style="padding-bottom: 1pt; text-align: left">)</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">(1,137,361</td><td style="padding-bottom: 1pt; text-align: left">)</td></tr> <tr style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="font-weight: bold; text-align: justify; padding-bottom: 2.5pt">Total</td><td style="font-weight: bold; padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: right">256,869</td><td style="padding-bottom: 2.5pt; font-weight: bold; text-align: left"> </td><td style="font-weight: bold; padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: right">314,492</td><td style="padding-bottom: 2.5pt; font-weight: bold; text-align: left"> </td></tr> </table>   Depreciation expense associated with property and equipment was $47,714 and $57,264 for the three months ended December 31, 2015 and 2014, respectively, and $99,347 and $121,318 for the six months ended December 31, 2015 and 2014, respectively.

Short-term borrowings consisted of the following as of:   <table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif"> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1pt solid">December 31, 2015</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1pt solid">June 30, 2015</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="width: 66%; text-align: left; padding-bottom: 2.5pt">Loan dated June 2011, due to a financial institution, with monthly interest payments (interest rate of 8.90% per annum), and the principal balance due March 2016 (interest rate of 5.025% per annum as extended)</td><td style="width: 2%; font-weight: bold; padding-bottom: 2.5pt"> </td> <td style="width: 1%; border-bottom: Black 2.5pt double; font-weight: bold; text-align: left">$</td><td style="width: 13%; border-bottom: Black 2.5pt double; font-weight: bold; text-align: right">148,295</td><td style="width: 1%; padding-bottom: 2.5pt; font-weight: bold; text-align: left"> </td><td style="width: 2%; font-weight: bold; padding-bottom: 2.5pt"> </td> <td style="width: 1%; border-bottom: Black 2.5pt double; font-weight: bold; text-align: left">$</td><td style="width: 13%; border-bottom: Black 2.5pt double; font-weight: bold; text-align: right">148,295</td><td style="width: 1%; padding-bottom: 2.5pt; font-weight: bold; text-align: left"> </td></tr> </table>   The short-term borrowings of $148,295 as of December 31, 2015 and June 30, 2015, resulted from the consolidation of FTIs debt.

Leases   We leased approximately 11,318 square feet of office space located in San Diego, California, at a monthly rent of $16,576; although the lease expired on August 31, 2015, we continued to occupy the premises with the consent of the landlord through October 27, 2015. On September 9, 2015, we signed a lease for new office space consisting of approximately 12,775 square feet, also located in San Diego, California, at a monthly rent of $23,115, which commenced on October 28, 2015. In addition to monthly rent, the new lease includes payment for certain common area costs. The term of the lease for the new office space is four years from the lease commencement date. Our facility is covered by an appropriate level of insurance and we believe it to be suitable for our use and adequate for our present needs. Rent expense related to these leases was $70,764 and $49,728 for the three months ended December 31, 2015 and 2014, respectively, and $131,080 and $99,456 for the six months ended December 31, 2015 and 2014, respectively.   Our Korea-based subsidiary, Franklin Technology, Inc. (FTI), leases approximately 10,000 square feet of office space in Seoul, Korea, at a monthly rent of approximately $8,000, and the lease expires on September 1, 2017. Beginning on June 12, 2015, FTI leased additional office space consisting of approximately 2,682 square feet, also located in Seoul, Korea, at a monthly rent of approximately $2,700, and the lease expires on September 1, 2017. In addition to monthly rent, the lease provides for periodic cost of living increases in the base rent and payment for certain common area costs. These facilities are covered by an appropriate level of insurance and we believe them to be suitable for our use and adequate for our present needs. Rent expense related to these leases was approximately $32,100 and $24,000 for the three months ended December 31, 2015 and 2014, respectively, and $64,200 and $48,000 for the six months ended December 31, 2015 and 2014, respectively.   We lease one corporate housing facility for our vendors and employees who travel, under a non-cancelable operating lease that expired on September 13, 2015 and was extended to September 5, 2016. Rent expense related to this lease was $2,460 and $2,597 for the three months ended December 31, 2015 and 2014, respectively, and $4,896 and $5,380 for the six months ended December 31, 2015 and 2014, respectively.   Litigation   We are from time to time involved in certain legal proceedings and claims arising in the ordinary course of business.   C-Motech Co., Ltd.   On July 27, 2010, we entered into a Common Stock Repurchase Agreement with C-Motech (the Agreement), under which we agreed to repurchase 3,370,356 shares of our Common Stock from C-Motech for $3,500,000. A total of 1,803,684 shares were repurchased on the date of the Agreement in exchange for non-cash consideration in the amount of $1,873,065, which represented amounts owed to the Company by C-Motech for certain marketing funds as well as the settlement of a price dispute for products previously purchased by the Company from C-Motech. Under the Agreement, the remaining 1,566,672 shares were to be repurchased by us upon payment of the balance, $1,626,935, on or before December 31, 2010.   On January 28, 2011 (the Amendment Date) the Agreement was amended to reflect (1) a change in the date the 1,566,672 shares are to be repurchased from C-Motech from December 31, 2010 to March 31, 2011, and (2) a change to the non-cash consideration of $1,873,065. In exchange for the 1,803,684 shares, we were to pay cash to C-Motech (in the same amount) for the shares, by March 31, 2011. In addition, in a separate agreement dated January 28, 2011, C-Motech agreed to pay us $1,873,065, for amounts owed, by March 31, 2011. The purpose of these revisions was to more clearly differentiate each partys payment obligations to the other with respect to this transaction. Following the Amendment Date, we paid C-Motech $1,873,065 in exchange for the 1,803,684 shares previously transferred to us by C-Motech, and C-Motech paid us $1,873,065 for amounts owed, of which $1,581,457 was booked to other income and $291,608 was booked to cost of goods sold. The repurchase of the remaining 1,566,672 shares from C-Motech was not completed. We have provided formal notification to C-Motech that it is in breach of its obligations and we have also provided a demand to sell the shares back to us. We have attempted to tender payment for the shares without results. We were previously advised that two individuals, Cheng-Ji Zhu and Ok-Nam Yun, claim to have purchased the shares from C-Motech through its former CEO; however, the authority of the former CEO to agree to the sale of the shares was disputed by C-Motech. The ownership of the shares was the subject of litigation involving Cheng-Ji Zhu and Ok-Nam Yun and C-Motech in U.S. and Korean courts. On April 1, 2015 the Circuit Court of Cook County, Illinois County Department, Chancery Division issued an Order with respect to the matter of Cheng-Ji Zhu and Ok-Nam Yun, plaintiffs, v. Integrity Stock Transfer and Registrar, Mountain Share Transfer, Inc. and C-Motech Company Ltd., defendants. The Order recognizes and enforces the plaintiff's Motion to Recognize and Enforce Foreign Judgment in which the plaintiffs previously prevailed over C-Motech with respect to the ownership of the 1,566,672 shares of Franklin Wireless Common Stock in an action that took place in Korea.   On May 7, 2013, we filed a lawsuit against C-Motech in the Superior Court of California for the County of San Diego for breach of the Agreement and breach of other contracts between the parties relating to indemnification and other obligations. On February 25, 2014, C-Motech answered the complaint and on February 26, 2014, C-Motech filed a Notice of Removal from the Superior Court of the State of California for the County of San Diego to the United States District Court for the Southern District of California. On June 19, 2014, C-Motech filed a voluntary petition for relief under Chapter 15 of the U.S. Bankruptcy Code and on June 27, 2014, C-Motech filed a Motion for Recognition of a Foreign Main Proceeding under Chapter 15 of the U.S. Bankruptcy Code and Further Relief. On July 10, 2014, this motion was heard in the U.S. Bankruptcy Court for the Southern District of California during which the Court ordered that C-Motech's bankruptcy proceeding in South Korea was recognized as a foreign main proceeding and that our lawsuit against C-Motech in the U.S. District Court is stayed. The effect of this ruling is that we must participate in C-Motech's bankruptcy proceeding in South Korea if we wish to pursue our various claims against C-Motech.   On September 9, 2015, registered ownership of the shares was transferred from C-Motech to Cheng-Ji Zhu (838,350 shares) and Ok-Nam Yun (728,322 shares). Subsequently, on December 30, 2015, the Company repurchased 130,000 of the shares from Ok-Nam Yun.   Novatel Wireless, Inc.   On December 10, 2010, Novatel Wireless, Inc. and Novatel Wireless Solutions, Inc. ("Novatel") filed a complaint in the United States District Court for the Southern District of California, against us and one other defendant. The complaint alleges that certain products, including, but not limited to, mobile data hot spots and data modems, infringe on U.S. Patent Nos. 5,129,098; 7,318,225; 7,574,737 and 7,319,715. On April 13, 2012, the plaintiff filed a Second Amended Complaint which amended certain claims and added U.S. Patent No. 7,944,901 to the original complaint. On April 27, 2012, we filed a Motion to Dismiss the Second Amended Complaint as to certain of the claims. On July 6, 2012, the Court held oral argument on the Motion to Dismiss and on July 19, 2012, the Court issued an order granting in part and denying in part the Motion to Dismiss. On August 2, 2012, we answered the complaint and an Early Neutral Evaluation Conference took place on October 31, 2012 and a follow-up Settlement Conference was held on June 12, 2013. A claim construction hearing took place on October 9, 2014. On November 25, 2014, the Court granted plaintiff's Joint Motion to Joinder of Required Party, which added Nova Intellectual Solutions, LLC ("NIS") as a plaintiff to this litigation. Novatel had previously assigned the patents-in-suit to Strategic Intellectual Solutions, LLC, which is the parent company of NIS.   On April 24, 2015, NIS filed a complaint in the United States District Court for the Southern District of California, against us and FTI. The complaint alleges that one of the Company's products infringes on U.S. Patent No. 7,944,901.   On July 20, 2015, a Settlement Conference took place during which we and NIS agreed to settle this matter and an agreement governing the settlement was executed on October 20, 2015.   On October 1, 2015, we and Novatel filed a Joint Motion For Dismissal With Prejudice as to the patent infringement claims made by Novatel against us. On October 28, 2015, we and NIS filed a Joint Motion For Dismissal With Prejudice as to the patent infringement claims made by it against the Company and FTI.   Adaptix, Inc.   In October 2015 we were notified that on June 12, 2015, Adaptix, Inc. filed a complaint in the United States District Court for the Eastern District of Texas, Tyler Division against one of our customers. The complaint alleges that certain wireless devices, including one device provided by the Company, infringe on U.S. Patent No. 8,934,375. As of December 31, 2015, this legal proceeding is pending, but we do not believe that this action will have a material effect on the Company.   Change of Control Agreements   On September 21, 2009 we entered into Change of Control Agreements with OC Kim, our President, Yun J. (David) Lee, our Chief Operating Officer, and Yong Bae Won, our Vice President, Engineering. Each Change of Control Agreement provides for a lump sum payment to the officer in case of a change of control of the Company. The term includes the acquisition of Common Stock of the Company resulting in one person or company owning more than 50% of the outstanding shares, a significant change in the composition of the Board of Directors of the Company during any 12-month period, a reorganization, merger, consolidation or similar transaction resulting in the transfer of ownership of more than fifty percent (50%) of the Company's outstanding Common Stock, or a liquidation or dissolution of the Company or sale of substantially all of the Company's assets.   The Change of Control Agreement with Mr. Kim calls for a payment of $5 million upon a change of control; the agreement with Mr. Lee calls for a payment of $2 million upon a change of control; and the agreement with Mr. Won was for two years and called for a payment of $1 million upon a change of control.   The Board of Directors has approved extension of the Change of Control Agreements with Mr. Kim and Mr. Lee, through September 21, 2017. The Change of Control Agreement with Mr. Won expired on September 21, 2014 and was not renewed or extended.

We adopted the 2009 Stock Incentive Plan (2009 Plan) on June 11, 2009, which provided for the grant of incentive stock options and non-qualified stock options to our employees and directors. Options granted under the 2009 Plan generally have a term of ten years and generally vest and become exercisable at the rate of 33% after one year and 33% on the second and third anniversaries of the option grant dates. Historically, some stock option grants have included shorter vesting periods ranging from one to two years.   The estimated forfeiture rate considers historical turnover rates stratified into employee pools in comparison with an overall employee turnover rate, as well as expectations about the future. We periodically revise the estimated forfeiture rate in subsequent periods if actual forfeitures differ from those estimates. Compensation expense recorded under this method for the three and six months ended December 31, 2015 was ($12,500) and ($25,000), respectively. The expense credits for the three and six months ended December 31, 2015 resulted from the reversal of expenses booked in prior periods for stock options for a small number of employees that were cancelled. This amount increased income from operations and income before provision for income taxes by the same amount by decreasing compensation expense recognized in selling, general and administrative expense.   A summary of the status of our stock options is presented below: <table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif"> <tr style="vertical-align: bottom"> <td> </td><td> </td> <td colspan="2"> </td><td> </td><td> </td> <td colspan="2"> </td><td> </td><td style="font-weight: bold"> </td> <td colspan="2" style="font-weight: bold; text-align: center">Weighted-</td><td style="font-weight: bold"> </td><td> </td> <td colspan="2"> </td><td> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td> </td> <td colspan="2"> </td><td> </td><td> </td> <td colspan="2"> </td><td> </td><td style="font-weight: bold"> </td> <td colspan="2" style="font-weight: bold; text-align: center">Average</td><td style="font-weight: bold"> </td><td> </td> <td colspan="2"> </td><td> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td> </td> <td colspan="2"> </td><td> </td><td style="font-weight: bold"> </td> <td colspan="2" style="font-weight: bold; text-align: center">Weighted-</td><td style="font-weight: bold"> </td><td style="font-weight: bold"> </td> <td colspan="2" style="font-weight: bold; text-align: center">Remaining</td><td style="font-weight: bold"> </td><td> </td> <td colspan="2"> </td><td> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td> </td> <td colspan="2"> </td><td> </td><td style="font-weight: bold"> </td> <td colspan="2" style="font-weight: bold; text-align: center">Average</td><td style="font-weight: bold"> </td><td style="font-weight: bold"> </td> <td colspan="2" style="font-weight: bold; text-align: center">Contractual</td><td style="font-weight: bold"> </td><td style="font-weight: bold"> </td> <td colspan="2" style="font-weight: bold; text-align: center">Aggregate</td><td style="font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td> </td> <td colspan="2"> </td><td> </td><td style="font-weight: bold"> </td> <td colspan="2" style="font-weight: bold; text-align: center">Exercise</td><td style="font-weight: bold"> </td><td style="font-weight: bold"> </td> <td colspan="2" style="font-weight: bold; text-align: center">Life</td><td style="font-weight: bold"> </td><td style="font-weight: bold"> </td> <td colspan="2" style="font-weight: bold; text-align: center">Intrinsic</td><td style="font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td style="font-weight: bold; border-bottom: Black 1pt solid">Options</td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1pt solid">Shares</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1pt solid">Price</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1pt solid">(In Years)</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1pt solid">Value</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="width: 44%">Outstanding as of June 30, 2015</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 10%; text-align: right">850,337</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 10%; text-align: right">1.24</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 10%; text-align: right">4.36</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 10%; text-align: right">306,583</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td>Granted</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td>Exercised</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td>Cancelled</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="text-align: left; padding-bottom: 1pt">Forfeited or Expired</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right"></td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="padding-bottom: 2.5pt">Outstanding as of December 31, 2015</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"> </td><td style="border-bottom: Black 2.5pt double; text-align: right">850,337</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="text-align: left">$</td><td style="text-align: right">1.24</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="text-align: left"> </td><td style="text-align: right">3.86</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="text-align: left">$</td><td style="text-align: right">816,782</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="padding-bottom: 2.5pt">Exercisable as of December 31, 2015</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"> </td><td style="border-bottom: Black 2.5pt double; text-align: right">850,337</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="text-align: left">$</td><td style="text-align: right">1.24</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="text-align: left"> </td><td style="text-align: right">3.86</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="text-align: left">$</td><td style="text-align: right">816,782</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table>   The aggregate intrinsic value in the preceding table represents the total pretax intrinsic value, based upon the Companys closing stock price of $2.20 as of December 31, 2015, which would have been received by the option holders had all option holders exercised their options as of that date. The weighted-average grant-date fair value of stock options outstanding as of December 31, 2015, in the amount of 850,337 shares, was $1.15 per share.   As of December 31, 2015, there was no unrecognized compensation cost related to non-vested stock options granted.

Principles of Consolidation   The consolidated financial statements include the accounts of the Company and a subsidiary with a majority voting interest of 51.8% (48.2% is owned by non-controlling interests) as of December 31, 2015 and June 30, 2015. In the preparation of consolidated financial statements of the Company, intercompany transactions and balances are eliminated and net earnings are reduced by the portion of the net earnings of the subsidiary applicable to non-controlling interests.

Non-controlling Interest in a Consolidated Subsidiary   As of December 31, 2015, the non-controlling interest was $937,076, which represents a $398,378 increase from $538,698 as of June 30, 2015. The increase was due to the net income of subsidiary of $825,828 for the six months ended December 31, 2015, of which 48.2% was attributable to the non-controlling interests.

Segment Reporting   Accounting Standards Codification (ASC) 280, Segment Reporting, requires public companies to report financial and descriptive information about their reportable operating segments.  We identify our operating segments based on how management internally evaluates separate financial information, business activities and management responsibility. We have one reportable segment, consisting of the sale of wireless access products.   We generate revenues from four geographic areas, consisting of the United States, the Caribbean and South America, EMEA and Asia. The following enterprise-wide disclosure is prepared on a basis consistent with the preparation of the consolidated financial statements.  The following table contains certain financial information by geographic area:   <table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif"> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold"> </td> <td colspan="6" style="font-weight: bold; text-align: center">Three Months Ended</td><td style="font-weight: bold"> </td><td style="font-weight: bold"> </td> <td colspan="6" style="font-weight: bold; text-align: center">Six Months Ended</td><td style="font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="6" style="font-weight: bold; text-align: center; border-bottom: Black 1pt solid">December 31,</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="6" style="font-weight: bold; text-align: center; border-bottom: Black 1pt solid">December 31,</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td style="font-weight: bold; text-align: justify; border-bottom: Black 1pt solid">Net sales:</td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1pt solid">2015</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1pt solid">2014</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1pt solid">2015</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1pt solid">2014</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="width: 32%; text-align: justify">United States</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 13%; text-align: right">15,360,582</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 13%; text-align: right">8,816,503</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 13%; text-align: right">25,470,917</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 13%; text-align: right">19,725,646</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: justify">Caribbean and South America</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">7,000</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">1,257,352</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">100,000</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">1,415,052</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="text-align: justify">Europe, the Middle East and Africa (EMEA)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">4,743,238</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">1,357,015</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">6,485,441</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">1,363,398</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: justify; padding-bottom: 1pt">Asia</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">52,661</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">1,063,817</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">55,589</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">3,606,668</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="font-weight: bold; text-align: justify; padding-bottom: 2.5pt">Totals</td><td style="font-weight: bold; padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: right">20,163,481</td><td style="padding-bottom: 2.5pt; font-weight: bold; text-align: left"> </td><td style="font-weight: bold; padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: right">12,494,687</td><td style="padding-bottom: 2.5pt; font-weight: bold; text-align: left"> </td><td style="font-weight: bold; padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: right">32,111,947</td><td style="padding-bottom: 2.5pt; font-weight: bold; text-align: left"> </td><td style="font-weight: bold; padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: right">26,110,764</td><td style="padding-bottom: 2.5pt; font-weight: bold; text-align: left"> </td></tr> </table>   <table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif"> <tr style="vertical-align: bottom"> <td style="font-weight: bold; border-bottom: Black 1pt solid">Long-lived assets, net (property and equipment and intangible assets):</td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1pt solid">December 31, 2015</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1pt solid">June 30, 2015</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="width: 66%; text-align: left">United States</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 13%; text-align: right">1,139,870</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 13%; text-align: right">785,144</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-bottom: 1pt">Asia</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">456,192</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">571,629</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="font-weight: bold; padding-bottom: 2.5pt">Totals</td><td style="font-weight: bold; padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: right">1,596,062</td><td style="padding-bottom: 2.5pt; font-weight: bold; text-align: left"> </td><td style="font-weight: bold; padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: right">1,356,773</td><td style="padding-bottom: 2.5pt; font-weight: bold; text-align: left"> </td></tr> </table>

Estimates   The preparation of the consolidated financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could materially differ from those estimates.

Revenue Recognition   We recognize revenue in accordance with ASC 605, Revenue Recognition, when persuasive evidence of an arrangement exists, the price is fixed or determinable, collection is reasonably assured and delivery of products has occurred or services have been rendered. Accordingly, we recognize revenues from product sales upon shipment of the products to customers or when the products are received by the customers in accordance with shipping or delivery terms. We provide a warranty for one year from the shipment date, which is covered by our vendors pursuant to purchase agreements. Any net warranty related expenditures made by us have not historically been material. Under our sales return policy, customers may generally return products that are under warranty for repair or replacement.

Cost of Goods Sold   All costs associated with our contract manufacturers, as well as distribution, fulfillment and repair services are included in our cost of goods sold. Cost of goods sold also includes amortization expense associated with capitalized product development costs associated with complete technology.

Warranties   We provide a warranty for one year which is covered by our vendors and manufacturers under purchase agreements between the Company and the vendors. In general, our products are shipped directly from our vendors to our customers. As a result, we believe we do not have any net warranty exposure and do not accrue any warranty expenses. Historically, the Company has not experienced any material net warranty expenditures.

Cash and Cash Equivalents   For purposes of the consolidated statements of cash flow, we consider all highly liquid investments purchased with original maturities of three months or less to be cash equivalents.

Inventories   Our inventories consist of finished goods and are stated at the lower of cost or market, cost being determined on a first-in, first-out basis. We assess the inventory carrying value and reduce it, if necessary, to its net realizable value based on customer orders on hand, and internal demand forecasts using managements best estimates given information currently available. Our customer demand is highly unpredictable, and can fluctuate significantly caused by factors beyond the control of the Company. We may write down our inventory value for potential obsolescence and excess inventory. As of December 31, 2015 and June 30, 2015, we have recorded an inventory reserve in the amount of $120,867 for inventories that we have identified as obsolete or slow-moving.

Goodwill and Intangible Assets   Goodwill and certain intangible assets were recorded in connection with the FTI acquisition in October 2009, and are accounted for in accordance with ASC 805, Business Combinations. Goodwill represents the excess of the purchase price over the fair value of the tangible and intangible net assets acquired.  Intangible assets are recorded at their fair value at the date of acquisition. Goodwill and other intangible assets are accounted for in accordance with ASC 350, Goodwill and Other Intangible Assets. Goodwill and other intangible assets are tested for impairment at least annually and any related impairment losses are recognized in earnings when identified. No impairment was recognized during the periods ended December 31, 2015 and June 30, 2015.   The definite lived intangible assets consisted of the following as of December 31, 2015:   <table cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"> <tr style="vertical-align: bottom"> <td style="border-bottom: Black 1pt solid; font-weight: bold">Definite lived intangible assets:</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Expected Life</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid">Average Remaining life</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid">Gross Intangible Assets</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid">Accumulated Amortization</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid">Net Intangible Assets</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="width: 32%">Complete technology</td> <td style="width: 2%"> </td> <td style="width: 13%; text-align: center">3 years</td> <td style="width: 2%"> </td> <td style="width: 11%; text-align: center"></td> <td style="width: 2%"> </td> <td style="width: 1%">$</td> <td style="width: 10%; text-align: right">490,000</td> <td style="width: 1%"> </td> <td style="width: 1%"> </td> <td style="width: 1%">$</td> <td style="width: 10%; text-align: right">490,000</td> <td style="width: 1%"> </td> <td style="width: 1%"> </td> <td style="width: 1%">$</td> <td style="width: 10%; text-align: right"></td> <td style="width: 1%"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td>Complete technology</td> <td> </td> <td style="text-align: center">3 years</td> <td> </td> <td style="text-align: center"></td> <td> </td> <td> </td> <td style="text-align: right">1,517,683</td> <td> </td> <td> </td> <td> </td> <td style="text-align: right">1,517,683</td> <td> </td> <td> </td> <td> </td> <td style="text-align: right"></td> <td> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td>Complete technology</td> <td> </td> <td style="text-align: center">3 years</td> <td> </td> <td style="text-align: center"></td> <td> </td> <td> </td> <td style="text-align: right">281,714</td> <td> </td> <td> </td> <td> </td> <td style="text-align: right">281,714</td> <td> </td> <td> </td> <td> </td> <td style="text-align: right"></td> <td> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td>Complete technology</td> <td> </td> <td style="text-align: center">3 years</td> <td> </td> <td style="text-align: center"></td> <td> </td> <td> </td> <td style="text-align: right">361,249</td> <td> </td> <td> </td> <td> </td> <td style="text-align: right">361,249</td> <td> </td> <td> </td> <td> </td> <td style="text-align: right"></td> <td> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td>Complete technology</td> <td> </td> <td style="text-align: center">3 years</td> <td> </td> <td style="text-align: center"></td> <td> </td> <td> </td> <td style="text-align: right">174,009</td> <td> </td> <td> </td> <td> </td> <td style="text-align: right">174,009</td> <td> </td> <td> </td> <td> </td> <td style="text-align: right"></td> <td> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td>Complete technology</td> <td> </td> <td style="text-align: center">3 years</td> <td> </td> <td style="text-align: center">0.1 years</td> <td> </td> <td> </td> <td style="text-align: right">909,962</td> <td> </td> <td> </td> <td> </td> <td style="text-align: right">884,685</td> <td> </td> <td> </td> <td> </td> <td style="text-align: right">25,277</td> <td> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td>Complete technology</td> <td> </td> <td style="text-align: center">3 years</td> <td> </td> <td style="text-align: center">1.3 years</td> <td> </td> <td> </td> <td style="text-align: right">65,000</td> <td> </td> <td> </td> <td> </td> <td style="text-align: right">37,917</td> <td> </td> <td> </td> <td> </td> <td style="text-align: right">27,083</td> <td> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td>Complete technology</td> <td> </td> <td style="text-align: center">3 years</td> <td> </td> <td style="text-align: center">2.0 years</td> <td> </td> <td> </td> <td style="text-align: right">2,402</td> <td> </td> <td> </td> <td> </td> <td style="text-align: right">800</td> <td> </td> <td> </td> <td> </td> <td style="text-align: right">1,602</td> <td> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td>Complete technology</td> <td> </td> <td style="text-align: center">3 years</td> <td> </td> <td style="text-align: center">2.3 years</td> <td> </td> <td> </td> <td style="text-align: right">6,405</td> <td> </td> <td> </td> <td> </td> <td style="text-align: right">1,602</td> <td> </td> <td> </td> <td> </td> <td style="text-align: right">4,803</td> <td> </td></tr> <tr style="background-color: White"> <td style="vertical-align: bottom">Supply and development agreement</td> <td style="vertical-align: bottom"> </td> <td style="text-align: center">8 years</td> <td style="text-align: center"> </td> <td style="text-align: center">1.8 years</td> <td style="vertical-align: bottom"> </td> <td style="vertical-align: bottom"> </td> <td style="text-align: right">1,121,000</td> <td style="text-align: right"> </td> <td style="text-align: right"> </td> <td style="text-align: right"> </td> <td style="text-align: right">875,781</td> <td style="text-align: right"> </td> <td style="text-align: right"> </td> <td style="text-align: right"> </td> <td style="text-align: right">245,219</td> <td style="vertical-align: bottom"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td>Technology in progress</td> <td> </td> <td style="text-align: center">Not Applicable</td> <td> </td> <td style="text-align: center"></td> <td> </td> <td> </td> <td style="text-align: right">603,577</td> <td> </td> <td> </td> <td> </td> <td style="text-align: right"></td> <td> </td> <td> </td> <td> </td> <td style="text-align: right">603,577</td> <td> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td>Software</td> <td> </td> <td style="text-align: center">5 years</td> <td> </td> <td style="text-align: center">1.6 years</td> <td> </td> <td> </td> <td style="text-align: right">214,065</td> <td> </td> <td> </td> <td> </td> <td style="text-align: right">180,671</td> <td> </td> <td> </td> <td> </td> <td style="text-align: right">33,394</td> <td> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td>Patents</td> <td> </td> <td style="text-align: center">10 years</td> <td> </td> <td style="text-align: center">7.5 years</td> <td> </td> <td> </td> <td style="text-align: right">58,390</td> <td> </td> <td> </td> <td> </td> <td style="text-align: right">1,710</td> <td> </td> <td> </td> <td> </td> <td style="text-align: right">56,680</td> <td> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td>Certifications and licenses</td> <td> </td> <td style="text-align: center">3 years</td> <td> </td> <td style="text-align: center">2.2 years</td> <td> </td> <td style="border-bottom: black 1pt solid"> </td> <td style="border-bottom: black 1pt solid; text-align: right">1,943,561</td> <td> </td> <td> </td> <td style="border-bottom: black 1pt solid"> </td> <td style="border-bottom: black 1pt solid; text-align: right">1,602,003</td> <td> </td> <td> </td> <td style="border-bottom: black 1pt solid"> </td> <td style="border-bottom: black 1pt solid; text-align: right">341,558</td> <td> </td></tr> <tr style="background-color: rgb(238,238,238)"> <td style="vertical-align: bottom; font-weight: bold">Total as of December 31, 2015</td> <td style="vertical-align: bottom"> </td> <td style="vertical-align: bottom; text-align: center"> </td> <td style="vertical-align: bottom"> </td> <td style="vertical-align: bottom; text-align: center"> </td> <td style="vertical-align: bottom"> </td> <td style="border-bottom: black 2.25pt double">$</td> <td style="border-bottom: black 2.25pt double; text-align: right">7,749,017</td> <td style="text-align: right"> </td> <td style="text-align: right"> </td> <td style="border-bottom: black 2.25pt double">$</td> <td style="border-bottom: black 2.25pt double; text-align: right">6,409,824</td> <td style="text-align: right"> </td> <td style="text-align: right"> </td> <td style="border-bottom: black 2.25pt double">$</td> <td style="border-bottom: black 2.25pt double; text-align: right">1,339,193</td> <td style="vertical-align: bottom"> </td></tr> </table>   The definite lived intangible assets consisted of the following as of June 30, 2015:   <table cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"> <tr style="vertical-align: bottom"> <td style="border-bottom: black 1pt solid; font-weight: bold">Definite lived intangible assets:</td> <td style="font-weight: bold"> </td> <td style="border-bottom: black 1pt solid; font-weight: bold; text-align: center">Expected Life</td> <td style="font-weight: bold"> </td> <td style="border-bottom: black 1pt solid">Average Remaining life</td> <td style="font-weight: bold"> </td> <td colspan="2">Gross Intangible Assets</td> <td style="font-weight: bold"> </td> <td style="font-weight: bold"> </td> <td colspan="2" style="border-bottom: black 1pt solid">Accumulated Amortization</td> <td style="font-weight: bold"> </td> <td style="font-weight: bold"> </td> <td colspan="2" style="border-bottom: black 1pt solid">Net Intangible Assets</td> <td style="font-weight: bold"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="width: 32%">Complete technology</td> <td style="width: 2%"> </td> <td style="width: 13%; text-align: center">3 years</td> <td style="width: 2%"> </td> <td style="width: 11%; text-align: center"></td> <td style="width: 2%"> </td> <td style="width: 1%; border-top: black 1pt solid">$</td> <td style="width: 10%; border-top: black 1pt solid; text-align: right">490,000</td> <td style="width: 1%"> </td> <td style="width: 1%"> </td> <td style="width: 1%">$</td> <td style="width: 10%; text-align: right">490,000</td> <td style="width: 1%"> </td> <td style="width: 1%"> </td> <td style="width: 1%">$</td> <td style="width: 10%; text-align: right"></td> <td style="width: 1%"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td>Complete technology</td> <td> </td> <td style="text-align: center">3 years</td> <td> </td> <td style="text-align: center"></td> <td> </td> <td> </td> <td style="text-align: right">1,517,683</td> <td> </td> <td> </td> <td> </td> <td style="text-align: right">1,517,683</td> <td> </td> <td> </td> <td> </td> <td style="text-align: right"></td> <td> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td>Complete technology</td> <td> </td> <td style="text-align: center">3 years</td> <td> </td> <td style="text-align: center"></td> <td> </td> <td> </td> <td style="text-align: right">281,714</td> <td> </td> <td> </td> <td> </td> <td style="text-align: right">281,714</td> <td> </td> <td> </td> <td> </td> <td style="text-align: right"></td> <td> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td>Complete technology</td> <td> </td> <td style="text-align: center">3 years</td> <td> </td> <td style="text-align: center"></td> <td> </td> <td> </td> <td style="text-align: right">361,249</td> <td> </td> <td> </td> <td> </td> <td style="text-align: right">361,249</td> <td> </td> <td> </td> <td> </td> <td style="text-align: right"></td> <td> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td>Complete technology</td> <td> </td> <td style="text-align: center">3 years</td> <td> </td> <td style="text-align: center">0.3 years</td> <td> </td> <td> </td> <td style="text-align: right">174,009</td> <td> </td> <td> </td> <td> </td> <td style="text-align: right">159,508</td> <td> </td> <td> </td> <td> </td> <td style="text-align: right">14,501</td> <td> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td>Complete technology</td> <td> </td> <td style="text-align: center">3 years</td> <td> </td> <td style="text-align: center">0.5 years</td> <td> </td> <td> </td> <td style="text-align: right">909,962</td> <td> </td> <td> </td> <td> </td> <td style="text-align: right">733,025</td> <td> </td> <td> </td> <td> </td> <td style="text-align: right">176,937</td> <td> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td>Complete technology</td> <td> </td> <td style="text-align: center">3 years</td> <td> </td> <td style="text-align: center">1.8 years</td> <td> </td> <td> </td> <td style="text-align: right">65,000</td> <td> </td> <td> </td> <td> </td> <td style="text-align: right">27,083</td> <td> </td> <td> </td> <td> </td> <td style="text-align: right">37,917</td> <td> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td>Complete technology</td> <td> </td> <td style="text-align: center; text-indent: 1.15pt">3 years</td> <td> </td> <td style="text-align: center">2.5 years</td> <td> </td> <td> </td> <td style="text-align: right">2,402</td> <td> </td> <td> </td> <td> </td> <td style="text-align: right">400</td> <td> </td> <td> </td> <td> </td> <td style="text-align: right">2,002</td> <td> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td>Complete technology</td> <td> </td> <td style="text-align: center; text-indent: 1.15pt">3 years</td> <td> </td> <td style="text-align: center">2.8 years</td> <td> </td> <td> </td> <td style="text-align: right">6,405</td> <td> </td> <td> </td> <td> </td> <td style="text-align: right">534</td> <td> </td> <td> </td> <td> </td> <td style="text-align: right">5,871</td> <td> </td></tr> <tr style="background-color: White"> <td style="vertical-align: bottom">Supply and development agreement</td> <td style="vertical-align: bottom"> </td> <td style="text-align: center">8 years</td> <td style="text-align: center"> </td> <td style="text-align: center">2.3 years</td> <td style="vertical-align: bottom"> </td> <td style="vertical-align: bottom"> </td> <td style="text-align: right">1,121,000</td> <td style="text-align: right"> </td> <td style="text-align: right"> </td> <td style="text-align: right"> </td> <td style="text-align: right">805,719</td> <td style="text-align: right"> </td> <td style="text-align: right"> </td> <td style="text-align: right"> </td> <td style="text-align: right">315,281</td> <td style="vertical-align: bottom"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td>Technology in progress</td> <td> </td> <td style="text-align: center">Not Applicable</td> <td> </td> <td style="text-align: center"></td> <td> </td> <td> </td> <td style="text-align: right"></td> <td> </td> <td> </td> <td> </td> <td style="text-align: right"></td> <td> </td> <td> </td> <td> </td> <td style="text-align: right"></td> <td> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td>Software</td> <td> </td> <td style="text-align: center">5 years</td> <td> </td> <td style="text-align: center">1.1 years</td> <td> </td> <td> </td> <td style="text-align: right">197,418</td> <td> </td> <td> </td> <td> </td> <td style="text-align: right">158,284</td> <td> </td> <td> </td> <td> </td> <td style="text-align: right">39,134</td> <td> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td>Patents</td> <td> </td> <td style="text-align: center">10 years</td> <td> </td> <td style="text-align: center">6.8 years</td> <td> </td> <td> </td> <td style="text-align: right">57,655</td> <td> </td> <td> </td> <td> </td> <td style="text-align: right">1,005</td> <td> </td> <td> </td> <td> </td> <td style="text-align: right">56,650</td> <td> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td>Certifications and licenses</td> <td> </td> <td style="text-align: center">3 years</td> <td> </td> <td style="text-align: center">0.4 years</td> <td> </td> <td style="border-bottom: black 1pt solid"> </td> <td style="border-bottom: black 1pt solid; text-align: right">1,783,561</td> <td> </td> <td> </td> <td style="border-bottom: black 1pt solid"> </td> <td style="border-bottom: black 1pt solid; text-align: right">1,389,573</td> <td> </td> <td> </td> <td style="border-bottom: black 1pt solid"> </td> <td style="border-bottom: black 1pt solid; text-align: right">393,988</td> <td> </td></tr> <tr style="background-color: rgb(238,238,238)"> <td style="vertical-align: bottom">Total as of June 30, 2015</td> <td style="vertical-align: bottom"> </td> <td style="vertical-align: bottom; text-align: center"> </td> <td style="vertical-align: bottom"> </td> <td style="vertical-align: bottom; text-align: center"> </td> <td style="vertical-align: bottom"> </td> <td style="border-bottom: black 2.25pt double">$</td> <td style="border-bottom: black 2.25pt double; text-align: right">6,968,058</td> <td style="text-align: right"> </td> <td style="text-align: right"> </td> <td style="border-bottom: black 2.25pt double">$</td> <td style="border-bottom: black 2.25pt double; text-align: right">5,925,777</td> <td style="text-align: right"> </td> <td style="text-align: right"> </td> <td style="border-bottom: black 2.25pt double">$</td> <td style="border-bottom: black 2.25pt double; text-align: right">1,042,281</td> <td style="vertical-align: bottom"> </td></tr> </table>   Amortization expense recognized during the three months ended December 31, 2015 and 2014 was $229,701 and $321,280, respectively, and during the six months ended December 31, 2015 and 2014 was $484,047 and $653,510, respectively.

Long-lived Assets   In accordance with ASC 360, "Property, Plant, and Equipment," we review for impairment of long-lived assets and certain identifiable intangibles whenever events or circumstances indicate that the carrying amount of assets may not be recoverable. We consider the carrying value of assets may not be recoverable based upon our review of the following events or changes in circumstances: the assets ability to continue to generate income from operations and positive cash flow in future periods; loss of legal ownership or title to the asset; significant changes in our strategic business objectives and utilization of the asset; or significant negative industry or economic trends.  An impairment loss would be recognized when estimated future cash flows expected to result from the use of the asset are less than its carrying amount.   As of December 31, 2015, we are not aware of any events or changes in circumstances that would indicate that the long-lived assets are impaired.

Net Loss per Share Attributable to Common Stockholders   Basic net loss per share is calculated by dividing the net loss by the weighted-average number of common shares that were outstanding for the period, without consideration for potential common shares. Diluted net loss per share is calculated by dividing the net loss by the sum of the weighted-average number of dilutive potential common shares outstanding for the period determined using the treasury-stock method or the as-converted method. Potentially dilutive shares are comprised of common stock options outstanding under our stock plan.

Concentrations   We extend credit to our customers and perform ongoing credit evaluations of such customers. We evaluate our accounts receivable on a regular basis for collectability and provide for an allowance for potential credit losses as deemed necessary.  No reserve was required or recorded for any of the periods presented.   Substantially all of our revenues are derived from sales of wireless data products.  Any significant decline in market acceptance of our products or in the financial condition of our existing customers could impair our ability to operate effectively.   A significant portion of our revenue is derived from a small number of customers. For the six months ended December 31, 2015, sales to our two largest customers accounted for 78.2% and 19.4% of our consolidated net sales and 94.6% and 0.6% of our accounts receivable balance, as of December 31, 2015. In the same period in 2014, sales to our two largest customers accounted for 63%, and 12% of our consolidated net sales and 61% and 11% of our accounts receivable balance as of December 31, 2014. No other customers accounted for more than ten percent of total net sales for the six months ended December 31, 2015 and 2014 and no other customers accounted for more than ten percent of total accounts receivable for the six months ended December 31, 2015 and 2014.   For the six months ended December 31, 2015, we purchased the majority of our wireless data products from one manufacturing company located in Asia. If this manufacturing company were to experience delays, capacity constraints or quality control problems, product shipments to our customers could be delayed, or our customers could consequently elect to cancel the underlying product purchase order, which would negatively impact the Company's revenue.  For the six months ended December 31, 2015, we purchased wireless data products from this manufacturer in the amount of $28,887,185, or 98.9% of total purchases, and had related accounts payable of $19,469,976 as of December 31, 2015. For the six months ended December 31, 2014, we purchased wireless data products from two manufacturing companies in the amount of $16,506,938, or 81% of total purchases, and had related accounts payable of $4,162,219 as of December 31, 2014.   We maintain our cash accounts with established commercial banks. Such cash deposits exceed the Federal Deposit Insurance Corporation insured limit of $250,000 for each financial institution. However, we do not anticipate any losses on excess deposits.

<table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif"> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold"> </td> <td colspan="6" style="font-weight: bold; text-align: center">Three Months Ended</td><td style="font-weight: bold"> </td><td style="font-weight: bold"> </td> <td colspan="6" style="font-weight: bold; text-align: center">Six Months Ended</td><td style="font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="6" style="font-weight: bold; text-align: center; border-bottom: Black 1pt solid">December 31,</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="6" style="font-weight: bold; text-align: center; border-bottom: Black 1pt solid">December 31,</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td style="font-weight: bold; text-align: justify; border-bottom: Black 1pt solid">Net sales:</td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1pt solid">2015</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1pt solid">2014</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1pt solid">2015</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1pt solid">2014</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="width: 32%; text-align: justify">United States</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 13%; text-align: right">15,360,582</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 13%; text-align: right">8,816,503</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 13%; text-align: right">25,470,917</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 13%; text-align: right">19,725,646</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: justify">Caribbean and South America</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">7,000</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">1,257,352</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">100,000</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">1,415,052</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="text-align: justify">Europe, the Middle East and Africa (EMEA)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">4,743,238</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">1,357,015</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">6,485,441</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">1,363,398</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: justify; padding-bottom: 1pt">Asia</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">52,661</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">1,063,817</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">55,589</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">3,606,668</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="font-weight: bold; text-align: justify; padding-bottom: 2.5pt">Totals</td><td style="font-weight: bold; padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: right">20,163,481</td><td style="padding-bottom: 2.5pt; font-weight: bold; text-align: left"> </td><td style="font-weight: bold; padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: right">12,494,687</td><td style="padding-bottom: 2.5pt; font-weight: bold; text-align: left"> </td><td style="font-weight: bold; padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: right">32,111,947</td><td style="padding-bottom: 2.5pt; font-weight: bold; text-align: left"> </td><td style="font-weight: bold; padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: right">26,110,764</td><td style="padding-bottom: 2.5pt; font-weight: bold; text-align: left"> </td></tr> </table>   <table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif"> <tr style="vertical-align: bottom"> <td style="font-weight: bold; border-bottom: Black 1pt solid">Long-lived assets, net (property and equipment and intangible assets):</td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1pt solid">December 31, 2015</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1pt solid">June 30, 2015</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="width: 66%; text-align: left">United States</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 13%; text-align: right">1,139,870</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 13%; text-align: right">785,144</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-bottom: 1pt">Asia</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">456,192</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">571,629</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="font-weight: bold; padding-bottom: 2.5pt">Totals</td><td style="font-weight: bold; padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: right">1,596,062</td><td style="padding-bottom: 2.5pt; font-weight: bold; text-align: left"> </td><td style="font-weight: bold; padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: right">1,356,773</td><td style="padding-bottom: 2.5pt; font-weight: bold; text-align: left"> </td></tr> </table>

<table cellspacing="0" cellpadding="0" align="center" style="width: 80%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse"> <tr style="vertical-align: top; background-color: #F2F2F2"> <td style="width: 40%; text-align: justify">Machinery</td> <td style="width: 40%; text-align: right">6 years</td></tr> <tr style="vertical-align: top"> <td style="text-align: justify">Office equipment</td> <td style="text-align: right">5 years</td></tr> <tr style="vertical-align: top; background-color: #F2F2F2"> <td style="text-align: justify">Molds</td> <td style="text-align: right">3 years</td></tr> <tr style="vertical-align: top"> <td style="text-align: justify">Vehicles</td> <td style="text-align: right">5 years</td></tr> <tr style="vertical-align: top; background-color: #F2F2F2"> <td style="text-align: justify">Computers and software</td> <td style="text-align: right">5 years</td></tr> <tr style="vertical-align: top"> <td style="text-align: justify">Furniture and fixtures</td> <td style="text-align: right">7 years</td></tr> <tr style="vertical-align: top; background-color: #F2F2F2"> <td style="text-align: justify">Facilities</td> <td style="text-align: right">5 years or life of the lease, whichever is shorter</td></tr> </table>

The definite lived intangible assets consisted of the following as of December 31, 2015:   <table cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"> <tr style="vertical-align: bottom"> <td style="border-bottom: Black 1pt solid; font-weight: bold">Definite lived intangible assets:</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Expected Life</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid">Average Remaining life</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid">Gross Intangible Assets</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid">Accumulated Amortization</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid">Net Intangible Assets</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="width: 32%">Complete technology</td> <td style="width: 2%"> </td> <td style="width: 13%; text-align: center">3 years</td> <td style="width: 2%"> </td> <td style="width: 11%; text-align: center"></td> <td style="width: 2%"> </td> <td style="width: 1%">$</td> <td style="width: 10%; text-align: right">490,000</td> <td style="width: 1%"> </td> <td style="width: 1%"> </td> <td style="width: 1%">$</td> <td style="width: 10%; text-align: right">490,000</td> <td style="width: 1%"> </td> <td style="width: 1%"> </td> <td style="width: 1%">$</td> <td style="width: 10%; text-align: right"></td> <td style="width: 1%"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td>Complete technology</td> <td> </td> <td style="text-align: center">3 years</td> <td> </td> <td style="text-align: center"></td> <td> </td> <td> </td> <td style="text-align: right">1,517,683</td> <td> </td> <td> </td> <td> </td> <td style="text-align: right">1,517,683</td> <td> </td> <td> </td> <td> </td> <td style="text-align: right"></td> <td> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td>Complete technology</td> <td> </td> <td style="text-align: center">3 years</td> <td> </td> <td style="text-align: center"></td> <td> </td> <td> </td> <td style="text-align: right">281,714</td> <td> </td> <td> </td> <td> </td> <td style="text-align: right">281,714</td> <td> </td> <td> </td> <td> </td> <td style="text-align: right"></td> <td> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td>Complete technology</td> <td> </td> <td style="text-align: center">3 years</td> <td> </td> <td style="text-align: center"></td> <td> </td> <td> </td> <td style="text-align: right">361,249</td> <td> </td> <td> </td> <td> </td> <td style="text-align: right">361,249</td> <td> </td> <td> </td> <td> </td> <td style="text-align: right"></td> <td> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td>Complete technology</td> <td> </td> <td style="text-align: center">3 years</td> <td> </td> <td style="text-align: center"></td> <td> </td> <td> </td> <td style="text-align: right">174,009</td> <td> </td> <td> </td> <td> </td> <td style="text-align: right">174,009</td> <td> </td> <td> </td> <td> </td> <td style="text-align: right"></td> <td> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td>Complete technology</td> <td> </td> <td style="text-align: center">3 years</td> <td> </td> <td style="text-align: center">0.1 years</td> <td> </td> <td> </td> <td style="text-align: right">909,962</td> <td> </td> <td> </td> <td> </td> <td style="text-align: right">884,685</td> <td> </td> <td> </td> <td> </td> <td style="text-align: right">25,277</td> <td> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td>Complete technology</td> <td> </td> <td style="text-align: center">3 years</td> <td> </td> <td style="text-align: center">1.3 years</td> <td> </td> <td> </td> <td style="text-align: right">65,000</td> <td> </td> <td> </td> <td> </td> <td style="text-align: right">37,917</td> <td> </td> <td> </td> <td> </td> <td style="text-align: right">27,083</td> <td> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td>Complete technology</td> <td> </td> <td style="text-align: center">3 years</td> <td> </td> <td style="text-align: center">2.0 years</td> <td> </td> <td> </td> <td style="text-align: right">2,402</td> <td> </td> <td> </td> <td> </td> <td style="text-align: right">800</td> <td> </td> <td> </td> <td> </td> <td style="text-align: right">1,602</td> <td> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td>Complete technology</td> <td> </td> <td style="text-align: center">3 years</td> <td> </td> <td style="text-align: center">2.3 years</td> <td> </td> <td> </td> <td style="text-align: right">6,405</td> <td> </td> <td> </td> <td> </td> <td style="text-align: right">1,602</td> <td> </td> <td> </td> <td> </td> <td style="text-align: right">4,803</td> <td> </td></tr> <tr style="background-color: White"> <td style="vertical-align: bottom">Supply and development agreement</td> <td style="vertical-align: bottom"> </td> <td style="text-align: center">8 years</td> <td style="text-align: center"> </td> <td style="text-align: center">1.8 years</td> <td style="vertical-align: bottom"> </td> <td style="vertical-align: bottom"> </td> <td style="text-align: right">1,121,000</td> <td style="text-align: right"> </td> <td style="text-align: right"> </td> <td style="text-align: right"> </td> <td style="text-align: right">875,781</td> <td style="text-align: right"> </td> <td style="text-align: right"> </td> <td style="text-align: right"> </td> <td style="text-align: right">245,219</td> <td style="vertical-align: bottom"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td>Technology in progress</td> <td> </td> <td style="text-align: center">Not Applicable</td> <td> </td> <td style="text-align: center"></td> <td> </td> <td> </td> <td style="text-align: right">603,577</td> <td> </td> <td> </td> <td> </td> <td style="text-align: right"></td> <td> </td> <td> </td> <td> </td> <td style="text-align: right">603,577</td> <td> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td>Software</td> <td> </td> <td style="text-align: center">5 years</td> <td> </td> <td style="text-align: center">1.6 years</td> <td> </td> <td> </td> <td style="text-align: right">214,065</td> <td> </td> <td> </td> <td> </td> <td style="text-align: right">180,671</td> <td> </td> <td> </td> <td> </td> <td style="text-align: right">33,394</td> <td> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td>Patents</td> <td> </td> <td style="text-align: center">10 years</td> <td> </td> <td style="text-align: center">7.5 years</td> <td> </td> <td> </td> <td style="text-align: right">58,390</td> <td> </td> <td> </td> <td> </td> <td style="text-align: right">1,710</td> <td> </td> <td> </td> <td> </td> <td style="text-align: right">56,680</td> <td> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td>Certifications and licenses</td> <td> </td> <td style="text-align: center">3 years</td> <td> </td> <td style="text-align: center">2.2 years</td> <td> </td> <td style="border-bottom: black 1pt solid"> </td> <td style="border-bottom: black 1pt solid; text-align: right">1,943,561</td> <td> </td> <td> </td> <td style="border-bottom: black 1pt solid"> </td> <td style="border-bottom: black 1pt solid; text-align: right">1,602,003</td> <td> </td> <td> </td> <td style="border-bottom: black 1pt solid"> </td> <td style="border-bottom: black 1pt solid; text-align: right">341,558</td> <td> </td></tr> <tr style="background-color: rgb(238,238,238)"> <td style="vertical-align: bottom; font-weight: bold">Total as of December 31, 2015</td> <td style="vertical-align: bottom"> </td> <td style="vertical-align: bottom; text-align: center"> </td> <td style="vertical-align: bottom"> </td> <td style="vertical-align: bottom; text-align: center"> </td> <td style="vertical-align: bottom"> </td> <td style="border-bottom: black 2.25pt double">$</td> <td style="border-bottom: black 2.25pt double; text-align: right">7,749,017</td> <td style="text-align: right"> </td> <td style="text-align: right"> </td> <td style="border-bottom: black 2.25pt double">$</td> <td style="border-bottom: black 2.25pt double; text-align: right">6,409,824</td> <td style="text-align: right"> </td> <td style="text-align: right"> </td> <td style="border-bottom: black 2.25pt double">$</td> <td style="border-bottom: black 2.25pt double; text-align: right">1,339,193</td> <td style="vertical-align: bottom"> </td></tr> </table>   The definite lived intangible assets consisted of the following as of June 30, 2015:   <table cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"> <tr style="vertical-align: bottom"> <td style="border-bottom: black 1pt solid; font-weight: bold">Definite lived intangible assets:</td> <td style="font-weight: bold"> </td> <td style="border-bottom: black 1pt solid; font-weight: bold; text-align: center">Expected Life</td> <td style="font-weight: bold"> </td> <td style="border-bottom: black 1pt solid">Average Remaining life</td> <td style="font-weight: bold"> </td> <td colspan="2">Gross Intangible Assets</td> <td style="font-weight: bold"> </td> <td style="font-weight: bold"> </td> <td colspan="2" style="border-bottom: black 1pt solid">Accumulated Amortization</td> <td style="font-weight: bold"> </td> <td style="font-weight: bold"> </td> <td colspan="2" style="border-bottom: black 1pt solid">Net Intangible Assets</td> <td style="font-weight: bold"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="width: 32%">Complete technology</td> <td style="width: 2%"> </td> <td style="width: 13%; text-align: center">3 years</td> <td style="width: 2%"> </td> <td style="width: 11%; text-align: center"></td> <td style="width: 2%"> </td> <td style="width: 1%; border-top: black 1pt solid">$</td> <td style="width: 10%; border-top: black 1pt solid; text-align: right">490,000</td> <td style="width: 1%"> </td> <td style="width: 1%"> </td> <td style="width: 1%">$</td> <td style="width: 10%; text-align: right">490,000</td> <td style="width: 1%"> </td> <td style="width: 1%"> </td> <td style="width: 1%">$</td> <td style="width: 10%; text-align: right"></td> <td style="width: 1%"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td>Complete technology</td> <td> </td> <td style="text-align: center">3 years</td> <td> </td> <td style="text-align: center"></td> <td> </td> <td> </td> <td style="text-align: right">1,517,683</td> <td> </td> <td> </td> <td> </td> <td style="text-align: right">1,517,683</td> <td> </td> <td> </td> <td> </td> <td style="text-align: right"></td> <td> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td>Complete technology</td> <td> </td> <td style="text-align: center">3 years</td> <td> </td> <td style="text-align: center"></td> <td> </td> <td> </td> <td style="text-align: right">281,714</td> <td> </td> <td> </td> <td> </td> <td style="text-align: right">281,714</td> <td> </td> <td> </td> <td> </td> <td style="text-align: right"></td> <td> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td>Complete technology</td> <td> </td> <td style="text-align: center">3 years</td> <td> </td> <td style="text-align: center"></td> <td> </td> <td> </td> <td style="text-align: right">361,249</td> <td> </td> <td> </td> <td> </td> <td style="text-align: right">361,249</td> <td> </td> <td> </td> <td> </td> <td style="text-align: right"></td> <td> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td>Complete technology</td> <td> </td> <td style="text-align: center">3 years</td> <td> </td> <td style="text-align: center">0.3 years</td> <td> </td> <td> </td> <td style="text-align: right">174,009</td> <td> </td> <td> </td> <td> </td> <td style="text-align: right">159,508</td> <td> </td> <td> </td> <td> </td> <td style="text-align: right">14,501</td> <td> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td>Complete technology</td> <td> </td> <td style="text-align: center">3 years</td> <td> </td> <td style="text-align: center">0.5 years</td> <td> </td> <td> </td> <td style="text-align: right">909,962</td> <td> </td> <td> </td> <td> </td> <td style="text-align: right">733,025</td> <td> </td> <td> </td> <td> </td> <td style="text-align: right">176,937</td> <td> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td>Complete technology</td> <td> </td> <td style="text-align: center">3 years</td> <td> </td> <td style="text-align: center">1.8 years</td> <td> </td> <td> </td> <td style="text-align: right">65,000</td> <td> </td> <td> </td> <td> </td> <td style="text-align: right">27,083</td> <td> </td> <td> </td> <td> </td> <td style="text-align: right">37,917</td> <td> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td>Complete technology</td> <td> </td> <td style="text-align: center; text-indent: 1.15pt">3 years</td> <td> </td> <td style="text-align: center">2.5 years</td> <td> </td> <td> </td> <td style="text-align: right">2,402</td> <td> </td> <td> </td> <td> </td> <td style="text-align: right">400</td> <td> </td> <td> </td> <td> </td> <td style="text-align: right">2,002</td> <td> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td>Complete technology</td> <td> </td> <td style="text-align: center; text-indent: 1.15pt">3 years</td> <td> </td> <td style="text-align: center">2.8 years</td> <td> </td> <td> </td> <td style="text-align: right">6,405</td> <td> </td> <td> </td> <td> </td> <td style="text-align: right">534</td> <td> </td> <td> </td> <td> </td> <td style="text-align: right">5,871</td> <td> </td></tr> <tr style="background-color: White"> <td style="vertical-align: bottom">Supply and development agreement</td> <td style="vertical-align: bottom"> </td> <td style="text-align: center">8 years</td> <td style="text-align: center"> </td> <td style="text-align: center">2.3 years</td> <td style="vertical-align: bottom"> </td> <td style="vertical-align: bottom"> </td> <td style="text-align: right">1,121,000</td> <td style="text-align: right"> </td> <td style="text-align: right"> </td> <td style="text-align: right"> </td> <td style="text-align: right">805,719</td> <td style="text-align: right"> </td> <td style="text-align: right"> </td> <td style="text-align: right"> </td> <td style="text-align: right">315,281</td> <td style="vertical-align: bottom"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td>Technology in progress</td> <td> </td> <td style="text-align: center">Not Applicable</td> <td> </td> <td style="text-align: center"></td> <td> </td> <td> </td> <td style="text-align: right"></td> <td> </td> <td> </td> <td> </td> <td style="text-align: right"></td> <td> </td> <td> </td> <td> </td> <td style="text-align: right"></td> <td> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td>Software</td> <td> </td> <td style="text-align: center">5 years</td> <td> </td> <td style="text-align: center">1.1 years</td> <td> </td> <td> </td> <td style="text-align: right">197,418</td> <td> </td> <td> </td> <td> </td> <td style="text-align: right">158,284</td> <td> </td> <td> </td> <td> </td> <td style="text-align: right">39,134</td> <td> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td>Patents</td> <td> </td> <td style="text-align: center">10 years</td> <td> </td> <td style="text-align: center">6.8 years</td> <td> </td> <td> </td> <td style="text-align: right">57,655</td> <td> </td> <td> </td> <td> </td> <td style="text-align: right">1,005</td> <td> </td> <td> </td> <td> </td> <td style="text-align: right">56,650</td> <td> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td>Certifications and licenses</td> <td> </td> <td style="text-align: center">3 years</td> <td> </td> <td style="text-align: center">0.4 years</td> <td> </td> <td style="border-bottom: black 1pt solid"> </td> <td style="border-bottom: black 1pt solid; text-align: right">1,783,561</td> <td> </td> <td> </td> <td style="border-bottom: black 1pt solid"> </td> <td style="border-bottom: black 1pt solid; text-align: right">1,389,573</td> <td> </td> <td> </td> <td style="border-bottom: black 1pt solid"> </td> <td style="border-bottom: black 1pt solid; text-align: right">393,988</td> <td> </td></tr> <tr style="background-color: rgb(238,238,238)"> <td style="vertical-align: bottom">Total as of June 30, 2015</td> <td style="vertical-align: bottom"> </td> <td style="vertical-align: bottom; text-align: center"> </td> <td style="vertical-align: bottom"> </td> <td style="vertical-align: bottom; text-align: center"> </td> <td style="vertical-align: bottom"> </td> <td style="border-bottom: black 2.25pt double">$</td> <td style="border-bottom: black 2.25pt double; text-align: right">6,968,058</td> <td style="text-align: right"> </td> <td style="text-align: right"> </td> <td style="border-bottom: black 2.25pt double">$</td> <td style="border-bottom: black 2.25pt double; text-align: right">5,925,777</td> <td style="text-align: right"> </td> <td style="text-align: right"> </td> <td style="border-bottom: black 2.25pt double">$</td> <td style="border-bottom: black 2.25pt double; text-align: right">1,042,281</td> <td style="vertical-align: bottom"> </td></tr> </table>

<table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif"> <tr style="vertical-align: bottom"> <td> </td><td> </td> <td colspan="2"> </td><td> </td><td> </td> <td colspan="2"> </td><td> </td><td style="font-weight: bold"> </td> <td colspan="2" style="font-weight: bold; text-align: center">Weighted-</td><td style="font-weight: bold"> </td><td> </td> <td colspan="2"> </td><td> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td> </td> <td colspan="2"> </td><td> </td><td> </td> <td colspan="2"> </td><td> </td><td style="font-weight: bold"> </td> <td colspan="2" style="font-weight: bold; text-align: center">Average</td><td style="font-weight: bold"> </td><td> </td> <td colspan="2"> </td><td> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td> </td> <td colspan="2"> </td><td> </td><td style="font-weight: bold"> </td> <td colspan="2" style="font-weight: bold; text-align: center">Weighted-</td><td style="font-weight: bold"> </td><td style="font-weight: bold"> </td> <td colspan="2" style="font-weight: bold; text-align: center">Remaining</td><td style="font-weight: bold"> </td><td> </td> <td colspan="2"> </td><td> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td> </td> <td colspan="2"> </td><td> </td><td style="font-weight: bold"> </td> <td colspan="2" style="font-weight: bold; text-align: center">Average</td><td style="font-weight: bold"> </td><td style="font-weight: bold"> </td> <td colspan="2" style="font-weight: bold; text-align: center">Contractual</td><td style="font-weight: bold"> </td><td style="font-weight: bold"> </td> <td colspan="2" style="font-weight: bold; text-align: center">Aggregate</td><td style="font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td> </td> <td colspan="2"> </td><td> </td><td style="font-weight: bold"> </td> <td colspan="2" style="font-weight: bold; text-align: center">Exercise</td><td style="font-weight: bold"> </td><td style="font-weight: bold"> </td> <td colspan="2" style="font-weight: bold; text-align: center">Life</td><td style="font-weight: bold"> </td><td style="font-weight: bold"> </td> <td colspan="2" style="font-weight: bold; text-align: center">Intrinsic</td><td style="font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td style="font-weight: bold; border-bottom: Black 1pt solid">Options</td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1pt solid">Shares</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1pt solid">Price</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1pt solid">(In Years)</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1pt solid">Value</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="width: 44%">Outstanding as of June 30, 2015</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 10%; text-align: right">850,337</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 10%; text-align: right">1.24</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 10%; text-align: right">4.36</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 10%; text-align: right">306,583</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td>Granted</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td>Exercised</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td>Cancelled</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="text-align: left; padding-bottom: 1pt">Forfeited or Expired</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right"></td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="padding-bottom: 2.5pt">Outstanding as of December 31, 2015</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"> </td><td style="border-bottom: Black 2.5pt double; text-align: right">850,337</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="text-align: left">$</td><td style="text-align: right">1.24</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="text-align: left"> </td><td style="text-align: right">3.86</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="text-align: left">$</td><td style="text-align: right">816,782</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="padding-bottom: 2.5pt">Exercisable as of December 31, 2015</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"> </td><td style="border-bottom: Black 2.5pt double; text-align: right">850,337</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="text-align: left">$</td><td style="text-align: right">1.24</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="text-align: left"> </td><td style="text-align: right">3.86</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="text-align: left">$</td><td style="text-align: right">816,782</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table>

825828

398378

26986034

21307439

16506938

28887185

17000575

10006962

603577

81591

-91759

-63001

603577

464665

167027

128010

167027

128010

850337

816782

Principles of Consolidation   The consolidated financial statements include the accounts of the Company and a subsidiary with a majority voting interest of 51.8% (48.2% is owned by non-controlling interests) as of December 31, 2015 and June 30, 2015. In the preparation of consolidated financial statements of the Company, intercompany transactions and balances are eliminated and net earnings are reduced by the portion of the net earnings of the subsidiary applicable to non-controlling interests.   Non-controlling Interest in a Consolidated Subsidiary   As of December 31, 2015, the non-controlling interest was $937,076, which represents a $398,378 increase from $538,698 as of June 30, 2015. The increase was due to the net income of subsidiary of $825,828 for the six months ended December 31, 2015, of which 48.2% was attributable to the non-controlling interests.   Segment Reporting   Accounting Standards Codification (ASC) 280, Segment Reporting, requires public companies to report financial and descriptive information about their reportable operating segments.  We identify our operating segments based on how management internally evaluates separate financial information, business activities and management responsibility. We have one reportable segment, consisting of the sale of wireless access products.   We generate revenues from four geographic areas, consisting of the United States, the Caribbean and South America, EMEA and Asia. The following enterprise-wide disclosure is prepared on a basis consistent with the preparation of the consolidated financial statements.  The following table contains certain financial information by geographic area:   <table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif"> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold"> </td> <td colspan="6" style="font-weight: bold; text-align: center">Three Months Ended</td><td style="font-weight: bold"> </td><td style="font-weight: bold"> </td> <td colspan="6" style="font-weight: bold; text-align: center">Six Months Ended</td><td style="font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="6" style="font-weight: bold; text-align: center; border-bottom: Black 1pt solid">December 31,</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="6" style="font-weight: bold; text-align: center; border-bottom: Black 1pt solid">December 31,</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td style="font-weight: bold; text-align: justify; border-bottom: Black 1pt solid">Net sales:</td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1pt solid">2015</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1pt solid">2014</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1pt solid">2015</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1pt solid">2014</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="width: 32%; text-align: justify">United States</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 13%; text-align: right">15,360,582</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 13%; text-align: right">8,816,503</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 13%; text-align: right">25,470,917</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 13%; text-align: right">19,725,646</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: justify">Caribbean and South America</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">7,000</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">1,257,352</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">100,000</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">1,415,052</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="text-align: justify">Europe, the Middle East and Africa (EMEA)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">4,743,238</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">1,357,015</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">6,485,441</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">1,363,398</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: justify; padding-bottom: 1pt">Asia</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">52,661</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">1,063,817</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">55,589</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">3,606,668</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="font-weight: bold; text-align: justify; padding-bottom: 2.5pt">Totals</td><td style="font-weight: bold; padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: right">20,163,481</td><td style="padding-bottom: 2.5pt; font-weight: bold; text-align: left"> </td><td style="font-weight: bold; padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: right">12,494,687</td><td style="padding-bottom: 2.5pt; font-weight: bold; text-align: left"> </td><td style="font-weight: bold; padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: right">32,111,947</td><td style="padding-bottom: 2.5pt; font-weight: bold; text-align: left"> </td><td style="font-weight: bold; padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: right">26,110,764</td><td style="padding-bottom: 2.5pt; font-weight: bold; text-align: left"> </td></tr> </table>   <table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif"> <tr style="vertical-align: bottom"> <td style="font-weight: bold; border-bottom: Black 1pt solid">Long-lived assets, net (property and equipment and intangible assets):</td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1pt solid">December 31, 2015</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1pt solid">June 30, 2015</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="width: 66%; text-align: left">United States</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 13%; text-align: right">1,139,870</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 13%; text-align: right">785,144</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-bottom: 1pt">Asia</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">456,192</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">571,629</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="font-weight: bold; padding-bottom: 2.5pt">Totals</td><td style="font-weight: bold; padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: right">1,596,062</td><td style="padding-bottom: 2.5pt; font-weight: bold; text-align: left"> </td><td style="font-weight: bold; padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: right">1,356,773</td><td style="padding-bottom: 2.5pt; font-weight: bold; text-align: left"> </td></tr> </table>   Estimates   The preparation of the consolidated financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could materially differ from those estimates.   Fair Value of Financial Instruments   The carrying amounts of financial instruments such as cash equivalents, accounts receivable, accounts payable and debt approximate the related fair values due to the short-term maturities of these instruments. We invest our excess cash into financial instruments which management believes are readily convertible into cash, such as money market funds and certificates of deposit.   Allowance for Doubtful Accounts   Based upon our review of our collection history as well as the current balances associated with all significant customers and associated invoices, we do not believe an allowance for doubtful accounts was necessary as of December 31, 2015 and June 30, 2015.   Revenue Recognition   We recognize revenue in accordance with ASC 605, Revenue Recognition, when persuasive evidence of an arrangement exists, the price is fixed or determinable, collection is reasonably assured and delivery of products has occurred or services have been rendered. Accordingly, we recognize revenues from product sales upon shipment of the products to customers or when the products are received by the customers in accordance with shipping or delivery terms. We provide a warranty for one year from the shipment date, which is covered by our vendors pursuant to purchase agreements. Any net warranty related expenditures made by us have not historically been material. Under our sales return policy, customers may generally return products that are under warranty for repair or replacement.   Cost of Goods Sold   All costs associated with our contract manufacturers, as well as distribution, fulfillment and repair services are included in our cost of goods sold. Cost of goods sold also includes amortization expense associated with capitalized product development costs associated with complete technology.   Capitalized Product Development Costs   Accounting Standards Codification (ASC) Topic 350, Intangibles Goodwill and Other includes software that is part of a product or process to be sold to a customer and shall be accounted for under Subtopic 985-20.  Our products contain embedded software internally developed by our Korea-based subsidiary, Franklin Technology Inc. (FTI), which is an integral part of these products because it allows the various components of the products to communicate with each other and the products are clearly unable to function without this coding.   The costs of product development that are capitalized once technological feasibility is determined (noted as Technology in progress in the Intangible Assets table) include payroll, employee benefits, and other headcount-related expenses associated with product development. Related licenses and certification costs are also capitalized. We determine that technological feasibility for our products is reached after all high-risk development issues have been resolved. Once the products are available for general release to our customers, we cease capitalizing the product development costs and any additional costs, if any, are expensed. The capitalized product development costs are amortized on a product-by-product basis using the greater of straight-line amortization or the ratio of the current gross revenues to the current and anticipated future gross revenues. The amortization begins when the products are available for general release to our customers.   As of December 31, 2015 and June 30, 2015, capitalized product development costs in progress were $603,577 and $0, respectively, and these amounts are included in intangible assets in our consolidated balance sheets. During the three months and six months ended December 31, 2015, we incurred $464,665 and $603,577 in capitalized product development costs, and such amounts are primarily comprised of certifications and licenses. All costs incurred before technological feasibility is reached are expensed and included in our consolidated statements of comprehensive income (loss).   Research and Development Costs   Costs associated with research and development are expensed as incurred. Research and development costs were $793,609 and $740,508 for the three months ended December 31, 2015 and 2014, respectively, and $1,516,178 and $1,515,903 for the six months ended December 31, 2015 and 2014, respectively.   Warranties   We provide a warranty for one year which is covered by our vendors and manufacturers under purchase agreements between the Company and the vendors. In general, our products are shipped directly from our vendors to our customers. As a result, we believe we do not have any net warranty exposure and do not accrue any warranty expenses. Historically, the Company has not experienced any material net warranty expenditures.   Shipping and Handling Costs   Costs associated with product shipping and handling are expensed as incurred.  Shipping and handling costs, which are included in selling, general and administrative expenses on the consolidated statements of comprehensive income, were $456,868 and $322,838 for the three months ended December 31, 2015 and 2014, respectively, and $671,428 and $675,578 for the six months ended December 31, 2015 and 2014, respectively.   Cash and Cash Equivalents   For purposes of the consolidated statements of cash flow, we consider all highly liquid investments purchased with original maturities of three months or less to be cash equivalents.   Inventories   Our inventories consist of finished goods and are stated at the lower of cost or market, cost being determined on a first-in, first-out basis. We assess the inventory carrying value and reduce it, if necessary, to its net realizable value based on customer orders on hand, and internal demand forecasts using managements best estimates given information currently available. Our customer demand is highly unpredictable, and can fluctuate significantly caused by factors beyond the control of the Company. We may write down our inventory value for potential obsolescence and excess inventory. As of December 31, 2015 and June 30, 2015, we have recorded an inventory reserve in the amount of $120,867 for inventories that we have identified as obsolete or slow-moving.   Property and Equipment   Property and equipment are recorded at cost. Significant additions or improvements extending useful lives of assets are capitalized. Maintenance and repairs are charged to expense as incurred. Depreciation is computed using the straight-line method over the estimated useful lives as follows:   <table cellspacing="0" cellpadding="0" align="center" style="width: 80%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse"> <tr style="vertical-align: top; background-color: #F2F2F2"> <td style="width: 40%; text-align: justify">Machinery</td> <td style="width: 40%; text-align: right">6 years</td></tr> <tr style="vertical-align: top"> <td style="text-align: justify">Office equipment</td> <td style="text-align: right">5 years</td></tr> <tr style="vertical-align: top; background-color: #F2F2F2"> <td style="text-align: justify">Molds</td> <td style="text-align: right">3 years</td></tr> <tr style="vertical-align: top"> <td style="text-align: justify">Vehicles</td> <td style="text-align: right">5 years</td></tr> <tr style="vertical-align: top; background-color: #F2F2F2"> <td style="text-align: justify">Computers and software</td> <td style="text-align: right">5 years</td></tr> <tr style="vertical-align: top"> <td style="text-align: justify">Furniture and fixtures</td> <td style="text-align: right">7 years</td></tr> <tr style="vertical-align: top; background-color: #F2F2F2"> <td style="text-align: justify">Facilities</td> <td style="text-align: right">5 years or life of the lease, whichever is shorter</td></tr> </table>   Goodwill and Intangible Assets   Goodwill and certain intangible assets were recorded in connection with the FTI acquisition in October 2009, and are accounted for in accordance with ASC 805, Business Combinations. Goodwill represents the excess of the purchase price over the fair value of the tangible and intangible net assets acquired.  Intangible assets are recorded at their fair value at the date of acquisition. Goodwill and other intangible assets are accounted for in accordance with ASC 350, Goodwill and Other Intangible Assets. Goodwill and other intangible assets are tested for impairment at least annually and any related impairment losses are recognized in earnings when identified. No impairment was recognized during the periods ended December 31, 2015 and June 30, 2015.   The definite lived intangible assets consisted of the following as of December 31, 2015:   <table cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"> <tr style="vertical-align: bottom"> <td style="border-bottom: Black 1pt solid; font-weight: bold">Definite lived intangible assets:</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Expected Life</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid">Average Remaining life</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid">Gross Intangible Assets</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid">Accumulated Amortization</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid">Net Intangible Assets</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="width: 32%">Complete technology</td> <td style="width: 2%"> </td> <td style="width: 13%; text-align: center">3 years</td> <td style="width: 2%"> </td> <td style="width: 11%; text-align: center"></td> <td style="width: 2%"> </td> <td style="width: 1%">$</td> <td style="width: 10%; text-align: right">490,000</td> <td style="width: 1%"> </td> <td style="width: 1%"> </td> <td style="width: 1%">$</td> <td style="width: 10%; text-align: right">490,000</td> <td style="width: 1%"> </td> <td style="width: 1%"> </td> <td style="width: 1%">$</td> <td style="width: 10%; text-align: right"></td> <td style="width: 1%"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td>Complete technology</td> <td> </td> <td style="text-align: center">3 years</td> <td> </td> <td style="text-align: center"></td> <td> </td> <td> </td> <td style="text-align: right">1,517,683</td> <td> </td> <td> </td> <td> </td> <td style="text-align: right">1,517,683</td> <td> </td> <td> </td> <td> </td> <td style="text-align: right"></td> <td> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td>Complete technology</td> <td> </td> <td style="text-align: center">3 years</td> <td> </td> <td style="text-align: center"></td> <td> </td> <td> </td> <td style="text-align: right">281,714</td> <td> </td> <td> </td> <td> </td> <td style="text-align: right">281,714</td> <td> </td> <td> </td> <td> </td> <td style="text-align: right"></td> <td> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td>Complete technology</td> <td> </td> <td style="text-align: center">3 years</td> <td> </td> <td style="text-align: center"></td> <td> </td> <td> </td> <td style="text-align: right">361,249</td> <td> </td> <td> </td> <td> </td> <td style="text-align: right">361,249</td> <td> </td> <td> </td> <td> </td> <td style="text-align: right"></td> <td> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td>Complete technology</td> <td> </td> <td style="text-align: center">3 years</td> <td> </td> <td style="text-align: center"></td> <td> </td> <td> </td> <td style="text-align: right">174,009</td> <td> </td> <td> </td> <td> </td> <td style="text-align: right">174,009</td> <td> </td> <td> </td> <td> </td> <td style="text-align: right"></td> <td> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td>Complete technology</td> <td> </td> <td style="text-align: center">3 years</td> <td> </td> <td style="text-align: center">0.1 years</td> <td> </td> <td> </td> <td style="text-align: right">909,962</td> <td> </td> <td> </td> <td> </td> <td style="text-align: right">884,685</td> <td> </td> <td> </td> <td> </td> <td style="text-align: right">25,277</td> <td> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td>Complete technology</td> <td> </td> <td style="text-align: center">3 years</td> <td> </td> <td style="text-align: center">1.3 years</td> <td> </td> <td> </td> <td style="text-align: right">65,000</td> <td> </td> <td> </td> <td> </td> <td style="text-align: right">37,917</td> <td> </td> <td> </td> <td> </td> <td style="text-align: right">27,083</td> <td> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td>Complete technology</td> <td> </td> <td style="text-align: center">3 years</td> <td> </td> <td style="text-align: center">2.0 years</td> <td> </td> <td> </td> <td style="text-align: right">2,402</td> <td> </td> <td> </td> <td> </td> <td style="text-align: right">800</td> <td> </td> <td> </td> <td> </td> <td style="text-align: right">1,602</td> <td> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td>Complete technology</td> <td> </td> <td style="text-align: center">3 years</td> <td> </td> <td style="text-align: center">2.3 years</td> <td> </td> <td> </td> <td style="text-align: right">6,405</td> <td> </td> <td> </td> <td> </td> <td style="text-align: right">1,602</td> <td> </td> <td> </td> <td> </td> <td style="text-align: right">4,803</td> <td> </td></tr> <tr style="background-color: White"> <td style="vertical-align: bottom">Supply and development agreement</td> <td style="vertical-align: bottom"> </td> <td style="text-align: center">8 years</td> <td style="text-align: center"> </td> <td style="text-align: center">1.8 years</td> <td style="vertical-align: bottom"> </td> <td style="vertical-align: bottom"> </td> <td style="text-align: right">1,121,000</td> <td style="text-align: right"> </td> <td style="text-align: right"> </td> <td style="text-align: right"> </td> <td style="text-align: right">875,781</td> <td style="text-align: right"> </td> <td style="text-align: right"> </td> <td style="text-align: right"> </td> <td style="text-align: right">245,219</td> <td style="vertical-align: bottom"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td>Technology in progress</td> <td> </td> <td style="text-align: center">Not Applicable</td> <td> </td> <td style="text-align: center"></td> <td> </td> <td> </td> <td style="text-align: right">603,577</td> <td> </td> <td> </td> <td> </td> <td style="text-align: right"></td> <td> </td> <td> </td> <td> </td> <td style="text-align: right">603,577</td> <td> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td>Software</td> <td> </td> <td style="text-align: center">5 years</td> <td> </td> <td style="text-align: center">1.6 years</td> <td> </td> <td> </td> <td style="text-align: right">214,065</td> <td> </td> <td> </td> <td> </td> <td style="text-align: right">180,671</td> <td> </td> <td> </td> <td> </td> <td style="text-align: right">33,394</td> <td> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td>Patents</td> <td> </td> <td style="text-align: center">10 years</td> <td> </td> <td style="text-align: center">7.5 years</td> <td> </td> <td> </td> <td style="text-align: right">58,390</td> <td> </td> <td> </td> <td> </td> <td style="text-align: right">1,710</td> <td> </td> <td> </td> <td> </td> <td style="text-align: right">56,680</td> <td> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td>Certifications and licenses</td> <td> </td> <td style="text-align: center">3 years</td> <td> </td> <td style="text-align: center">2.2 years</td> <td> </td> <td style="border-bottom: black 1pt solid"> </td> <td style="border-bottom: black 1pt solid; text-align: right">1,943,561</td> <td> </td> <td> </td> <td style="border-bottom: black 1pt solid"> </td> <td style="border-bottom: black 1pt solid; text-align: right">1,602,003</td> <td> </td> <td> </td> <td style="border-bottom: black 1pt solid"> </td> <td style="border-bottom: black 1pt solid; text-align: right">341,558</td> <td> </td></tr> <tr style="background-color: rgb(238,238,238)"> <td style="vertical-align: bottom; font-weight: bold">Total as of December 31, 2015</td> <td style="vertical-align: bottom"> </td> <td style="vertical-align: bottom; text-align: center"> </td> <td style="vertical-align: bottom"> </td> <td style="vertical-align: bottom; text-align: center"> </td> <td style="vertical-align: bottom"> </td> <td style="border-bottom: black 2.25pt double">$</td> <td style="border-bottom: black 2.25pt double; text-align: right">7,749,017</td> <td style="text-align: right"> </td> <td style="text-align: right"> </td> <td style="border-bottom: black 2.25pt double">$</td> <td style="border-bottom: black 2.25pt double; text-align: right">6,409,824</td> <td style="text-align: right"> </td> <td style="text-align: right"> </td> <td style="border-bottom: black 2.25pt double">$</td> <td style="border-bottom: black 2.25pt double; text-align: right">1,339,193</td> <td style="vertical-align: bottom"> </td></tr> </table>   The definite lived intangible assets consisted of the following as of June 30, 2015:   <table cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"> <tr style="vertical-align: bottom"> <td style="border-bottom: black 1pt solid; font-weight: bold">Definite lived intangible assets:</td> <td style="font-weight: bold"> </td> <td style="border-bottom: black 1pt solid; font-weight: bold; text-align: center">Expected Life</td> <td style="font-weight: bold"> </td> <td style="border-bottom: black 1pt solid">Average Remaining life</td> <td style="font-weight: bold"> </td> <td colspan="2">Gross Intangible Assets</td> <td style="font-weight: bold"> </td> <td style="font-weight: bold"> </td> <td colspan="2" style="border-bottom: black 1pt solid">Accumulated Amortization</td> <td style="font-weight: bold"> </td> <td style="font-weight: bold"> </td> <td colspan="2" style="border-bottom: black 1pt solid">Net Intangible Assets</td> <td style="font-weight: bold"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="width: 32%">Complete technology</td> <td style="width: 2%"> </td> <td style="width: 13%; text-align: center">3 years</td> <td style="width: 2%"> </td> <td style="width: 11%; text-align: center"></td> <td style="width: 2%"> </td> <td style="width: 1%; border-top: black 1pt solid">$</td> <td style="width: 10%; border-top: black 1pt solid; text-align: right">490,000</td> <td style="width: 1%"> </td> <td style="width: 1%"> </td> <td style="width: 1%">$</td> <td style="width: 10%; text-align: right">490,000</td> <td style="width: 1%"> </td> <td style="width: 1%"> </td> <td style="width: 1%">$</td> <td style="width: 10%; text-align: right"></td> <td style="width: 1%"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td>Complete technology</td> <td> </td> <td style="text-align: center">3 years</td> <td> </td> <td style="text-align: center"></td> <td> </td> <td> </td> <td style="text-align: right">1,517,683</td> <td> </td> <td> </td> <td> </td> <td style="text-align: right">1,517,683</td> <td> </td> <td> </td> <td> </td> <td style="text-align: right"></td> <td> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td>Complete technology</td> <td> </td> <td style="text-align: center">3 years</td> <td> </td> <td style="text-align: center"></td> <td> </td> <td> </td> <td style="text-align: right">281,714</td> <td> </td> <td> </td> <td> </td> <td style="text-align: right">281,714</td> <td> </td> <td> </td> <td> </td> <td style="text-align: right"></td> <td> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td>Complete technology</td> <td> </td> <td style="text-align: center">3 years</td> <td> </td> <td style="text-align: center"></td> <td> </td> <td> </td> <td style="text-align: right">361,249</td> <td> </td> <td> </td> <td> </td> <td style="text-align: right">361,249</td> <td> </td> <td> </td> <td> </td> <td style="text-align: right"></td> <td> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td>Complete technology</td> <td> </td> <td style="text-align: center">3 years</td> <td> </td> <td style="text-align: center">0.3 years</td> <td> </td> <td> </td> <td style="text-align: right">174,009</td> <td> </td> <td> </td> <td> </td> <td style="text-align: right">159,508</td> <td> </td> <td> </td> <td> </td> <td style="text-align: right">14,501</td> <td> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td>Complete technology</td> <td> </td> <td style="text-align: center">3 years</td> <td> </td> <td style="text-align: center">0.5 years</td> <td> </td> <td> </td> <td style="text-align: right">909,962</td> <td> </td> <td> </td> <td> </td> <td style="text-align: right">733,025</td> <td> </td> <td> </td> <td> </td> <td style="text-align: right">176,937</td> <td> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td>Complete technology</td> <td> </td> <td style="text-align: center">3 years</td> <td> </td> <td style="text-align: center">1.8 years</td> <td> </td> <td> </td> <td style="text-align: right">65,000</td> <td> </td> <td> </td> <td> </td> <td style="text-align: right">27,083</td> <td> </td> <td> </td> <td> </td> <td style="text-align: right">37,917</td> <td> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td>Complete technology</td> <td> </td> <td style="text-align: center; text-indent: 1.15pt">3 years</td> <td> </td> <td style="text-align: center">2.5 years</td> <td> </td> <td> </td> <td style="text-align: right">2,402</td> <td> </td> <td> </td> <td> </td> <td style="text-align: right">400</td> <td> </td> <td> </td> <td> </td> <td style="text-align: right">2,002</td> <td> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td>Complete technology</td> <td> </td> <td style="text-align: center; text-indent: 1.15pt">3 years</td> <td> </td> <td style="text-align: center">2.8 years</td> <td> </td> <td> </td> <td style="text-align: right">6,405</td> <td> </td> <td> </td> <td> </td> <td style="text-align: right">534</td> <td> </td> <td> </td> <td> </td> <td style="text-align: right">5,871</td> <td> </td></tr> <tr style="background-color: White"> <td style="vertical-align: bottom">Supply and development agreement</td> <td style="vertical-align: bottom"> </td> <td style="text-align: center">8 years</td> <td style="text-align: center"> </td> <td style="text-align: center">2.3 years</td> <td style="vertical-align: bottom"> </td> <td style="vertical-align: bottom"> </td> <td style="text-align: right">1,121,000</td> <td style="text-align: right"> </td> <td style="text-align: right"> </td> <td style="text-align: right"> </td> <td style="text-align: right">805,719</td> <td style="text-align: right"> </td> <td style="text-align: right"> </td> <td style="text-align: right"> </td> <td style="text-align: right">315,281</td> <td style="vertical-align: bottom"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td>Technology in progress</td> <td> </td> <td style="text-align: center">Not Applicable</td> <td> </td> <td style="text-align: center"></td> <td> </td> <td> </td> <td style="text-align: right"></td> <td> </td> <td> </td> <td> </td> <td style="text-align: right"></td> <td> </td> <td> </td> <td> </td> <td style="text-align: right"></td> <td> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td>Software</td> <td> </td> <td style="text-align: center">5 years</td> <td> </td> <td style="text-align: center">1.1 years</td> <td> </td> <td> </td> <td style="text-align: right">197,418</td> <td> </td> <td> </td> <td> </td> <td style="text-align: right">158,284</td> <td> </td> <td> </td> <td> </td> <td style="text-align: right">39,134</td> <td> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td>Patents</td> <td> </td> <td style="text-align: center">10 years</td> <td> </td> <td style="text-align: center">6.8 years</td> <td> </td> <td> </td> <td style="text-align: right">57,655</td> <td> </td> <td> </td> <td> </td> <td style="text-align: right">1,005</td> <td> </td> <td> </td> <td> </td> <td style="text-align: right">56,650</td> <td> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td>Certifications and licenses</td> <td> </td> <td style="text-align: center">3 years</td> <td> </td> <td style="text-align: center">0.4 years</td> <td> </td> <td style="border-bottom: black 1pt solid"> </td> <td style="border-bottom: black 1pt solid; text-align: right">1,783,561</td> <td> </td> <td> </td> <td style="border-bottom: black 1pt solid"> </td> <td style="border-bottom: black 1pt solid; text-align: right">1,389,573</td> <td> </td> <td> </td> <td style="border-bottom: black 1pt solid"> </td> <td style="border-bottom: black 1pt solid; text-align: right">393,988</td> <td> </td></tr> <tr style="background-color: rgb(238,238,238)"> <td style="vertical-align: bottom">Total as of June 30, 2015</td> <td style="vertical-align: bottom"> </td> <td style="vertical-align: bottom; text-align: center"> </td> <td style="vertical-align: bottom"> </td> <td style="vertical-align: bottom; text-align: center"> </td> <td style="vertical-align: bottom"> </td> <td style="border-bottom: black 2.25pt double">$</td> <td style="border-bottom: black 2.25pt double; text-align: right">6,968,058</td> <td style="text-align: right"> </td> <td style="text-align: right"> </td> <td style="border-bottom: black 2.25pt double">$</td> <td style="border-bottom: black 2.25pt double; text-align: right">5,925,777</td> <td style="text-align: right"> </td> <td style="text-align: right"> </td> <td style="border-bottom: black 2.25pt double">$</td> <td style="border-bottom: black 2.25pt double; text-align: right">1,042,281</td> <td style="vertical-align: bottom"> </td></tr> </table>   Amortization expense recognized during the three months ended December 31, 2015 and 2014 was $229,701 and $321,280, respectively, and during the six months ended December 31, 2015 and 2014 was $484,047 and $653,510, respectively.   Long-lived Assets   In accordance with ASC 360, "Property, Plant, and Equipment," we review for impairment of long-lived assets and certain identifiable intangibles whenever events or circumstances indicate that the carrying amount of assets may not be recoverable. We consider the carrying value of assets may not be recoverable based upon our review of the following events or changes in circumstances: the assets ability to continue to generate income from operations and positive cash flow in future periods; loss of legal ownership or title to the asset; significant changes in our strategic business objectives and utilization of the asset; or significant negative industry or economic trends.  An impairment loss would be recognized when estimated future cash flows expected to result from the use of the asset are less than its carrying amount.   As of December 31, 2015, we are not aware of any events or changes in circumstances that would indicate that the long-lived assets are impaired.   Stock-based Compensation   The Companys employee share-based awards result in a cost that is measured at fair value on an awards grant date, based on the estimated number of awards that are expected to vest. Stock-based compensation is recognized on a straight-line basis over the awards vesting period. The Company estimates the fair value of stock options using a Black-Scholes option pricing model. Transactions with non-employees in which goods or services are the consideration received for the issuance of equity instruments are accounted for based on the fair value of the consideration received or the fair value of the equity instrument issued, whichever is more reliably measurable. The measurement date of the fair value of the equity instrument issued is the earlier of the date on which the counterparty's performance is complete or the date on which it is probable that performance will occur. Stock-based compensation costs are reflected in the accompanying consolidated statements of comprehensive income based upon the underlying recipients' roles within the Company.   Income Taxes   The Company uses the asset and liability method of accounting for income taxes. Accordingly, deferred tax assets and liabilities are determined based on the difference between the financial statement and income tax bases of assets and liabilities, using enacted tax rates in effect for the year in which the differences are expected to reverse. A valuation allowance is recorded to reduce the carrying amount of deferred tax assets, unless it is more likely than not such assets will be realized. Current income taxes are based on the years taxable income for federal and state income tax reporting purposes and the annual change in deferred taxes.   The Company assesses its income tax positions and records tax benefits based upon managements evaluation of the facts, circumstances, and information available at the reporting date. For those tax positions where it is more likely than not that a tax benefit will be sustained, the Company records the largest amount of tax benefit with a greater than 50% likelihood of being realized upon ultimate settlement with a taxing authority having full knowledge of all relevant information. For those income tax positions where it is not more likely than not that a tax benefit will be sustained, no tax benefit is recognized in the financial statements. The Company classifies interest and penalties associated with such uncertain tax positions as a component of income tax expense.   As of December 31, 2015, we have no material unrecognized tax benefits. We recorded an income tax provision of $144,924 and $149,989 for the three and six months ended December 31, 2015, respectively, and an increase in income tax payable of $86,679 and $91,744 for the three and six months ended December 31, 2015, respectively.   Net Loss per Share Attributable to Common Stockholders   Basic net loss per share is calculated by dividing the net loss by the weighted-average number of common shares that were outstanding for the period, without consideration for potential common shares. Diluted net loss per share is calculated by dividing the net loss by the sum of the weighted-average number of dilutive potential common shares outstanding for the period determined using the treasury-stock method or the as-converted method. Potentially dilutive shares are comprised of common stock options outstanding under our stock plan.   Concentrations   We extend credit to our customers and perform ongoing credit evaluations of such customers. We evaluate our accounts receivable on a regular basis for collectability and provide for an allowance for potential credit losses as deemed necessary.  No reserve was required or recorded for any of the periods presented.   Substantially all of our revenues are derived from sales of wireless data products.  Any significant decline in market acceptance of our products or in the financial condition of our existing customers could impair our ability to operate effectively.   A significant portion of our revenue is derived from a small number of customers. For the six months ended December 31, 2015, sales to our two largest customers accounted for 78.2% and 19.4% of our consolidated net sales and 94.6% and 0.6% of our accounts receivable balance, as of December 31, 2015. In the same period in 2014, sales to our two largest customers accounted for 63%, and 12% of our consolidated net sales and 61% and 11% of our accounts receivable balance as of December 31, 2014. No other customers accounted for more than ten percent of total net sales for the six months ended December 31, 2015 and 2014 and no other customers accounted for more than ten percent of total accounts receivable for the six months ended December 31, 2015 and 2014.   For the six months ended December 31, 2015, we purchased the majority of our wireless data products from one manufacturing company located in Asia. If this manufacturing company were to experience delays, capacity constraints or quality control problems, product shipments to our customers could be delayed, or our customers could consequently elect to cancel the underlying product purchase order, which would negatively impact the Company's revenue.  For the six months ended December 31, 2015, we purchased wireless data products from this manufacturer in the amount of $28,887,185, or 98.9% of total purchases, and had related accounts payable of $19,469,976 as of December 31, 2015. For the six months ended December 31, 2014, we purchased wireless data products from two manufacturing companies in the amount of $16,506,938, or 81% of total purchases, and had related accounts payable of $4,162,219 as of December 31, 2014.   We maintain our cash accounts with established commercial banks. Such cash deposits exceed the Federal Deposit Insurance Corporation insured limit of $250,000 for each financial institution. However, we do not anticipate any losses on excess deposits.   Recently Issued Accounting Pronouncements   In May 2014, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) 2014-09, Revenue from Contracts with Customers. This amendment addresses revenue from contracts with customers, which clarifies existing accounting literature relating to how and when a company recognizes revenue. Under the update, a company will recognize revenue when it transfers promised goods or services to customers in an amount that reflects the consideration to which the company expects to be entitled in exchange for those goods and services. ASU 2015-14 delayed the effective date of this update to annual reporting periods beginning after December 15, 2017, and the amendment is to be applied retrospectively or the cumulative effect as of the date of adoption. Management is currently evaluating the impact ASU 2014-09 will have on the consolidated financial statements and related disclosures.   In August 2014, the FASB issued ASU 2014-15, Disclosure of Uncertainties about an Entitys Ability to Continue as a Going Concern. This ASU introduces an explicit requirement for management to assess if there is substantial doubt about an entitys ability to continue as a going concern, and to provide related footnote disclosures in certain circumstances. In connection with each annual and interim period, management must assess if there is substantial doubt about an entitys ability to continue as a going concern within one year after the issuance date. Disclosures are required if conditions give rise to substantial doubt. ASU 2014-15 is effective for all entities in the first annual period ending after December 15, 2016. Management does not believe the potential effects of this ASU on the consolidated financial statements will be material.   In April 2015, the FASB issued ASU 2015-03, InterestImputation of Interest: Simplifying the Presentation of Debt Issuance Costs. The update requires debt issuance costs related to a recognized debt liability be presented in the balance sheet as a direct deduction from the carrying amount of the related debt liability instead of being presented as an asset. Debt disclosures will include the face amount of the debt liability and the effective interest rate. The update requires retrospective application and represents a change in accounting principle. ASU 2015-15 was issued subsequently to permit costs associated with a line of credit arrangement to be presented as assets and amortized ratably over the term of the arrangement. These updates will be effective for the Company on July 1, 2016. Management does not believe that these updates will materially impact the Companys consolidated financial statements.   In July 2015, the FASB issued ASU 2015-11, InventorySimplifying the Measurement of Inventory. ASU 2015-11 requires inventory to be subsequently measured using the lower of cost and net realizable value, thereby eliminating the market value approach. Net realizable value is defined as the estimated selling prices in the ordinary course of business, less reasonably predictable costs of completion, disposal and transportation. ASU 2015-11 is effective for the Company beginning on July 1, 2017 and is applied prospectively. Early adoption is permitted. The Company is currently evaluating the impact that this guidance will have on its consolidated financial statements and disclosure.

Research and Development Costs   Costs associated with research and development are expensed as incurred. Research and development costs were $793,609 and $740,508 for the three months ended December 31, 2015 and 2014, respectively, and $1,516,178 and $1,515,903 for the six months ended December 31, 2015 and 2014, respectively.

Shipping and Handling Costs   Costs associated with product shipping and handling are expensed as incurred.  Shipping and handling costs, which are included in selling, general and administrative expenses on the consolidated statements of comprehensive income, were $456,868 and $322,838 for the three months ended December 31, 2015 and 2014, respectively, and $671,428 and $675,578 for the six months ended December 31, 2015 and 2014, respectively.

Income Taxes   The Company uses the asset and liability method of accounting for income taxes. Accordingly, deferred tax assets and liabilities are determined based on the difference between the financial statement and income tax bases of assets and liabilities, using enacted tax rates in effect for the year in which the differences are expected to reverse. A valuation allowance is recorded to reduce the carrying amount of deferred tax assets, unless it is more likely than not such assets will be realized. Current income taxes are based on the years taxable income for federal and state income tax reporting purposes and the annual change in deferred taxes.   The Company assesses its income tax positions and records tax benefits based upon managements evaluation of the facts, circumstances, and information available at the reporting date. For those tax positions where it is more likely than not that a tax benefit will be sustained, the Company records the largest amount of tax benefit with a greater than 50% likelihood of being realized upon ultimate settlement with a taxing authority having full knowledge of all relevant information. For those income tax positions where it is not more likely than not that a tax benefit will be sustained, no tax benefit is recognized in the financial statements. The Company classifies interest and penalties associated with such uncertain tax positions as a component of income tax expense.   As of December 31, 2015, we have no material unrecognized tax benefits. We recorded an income tax provision of $144,924 and $149,989 for the three and six months ended December 31, 2015, respectively, and an increase in income tax payable of $86,679 and $91,744 for the three and six months ended December 31, 2015, respectively.

Recently Issued Accounting Pronouncements   In May 2014, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) 2014-09, Revenue from Contracts with Customers. This amendment addresses revenue from contracts with customers, which clarifies existing accounting literature relating to how and when a company recognizes revenue. Under the update, a company will recognize revenue when it transfers promised goods or services to customers in an amount that reflects the consideration to which the company expects to be entitled in exchange for those goods and services. ASU 2015-14 delayed the effective date of this update to annual reporting periods beginning after December 15, 2017, and the amendment is to be applied retrospectively or the cumulative effect as of the date of adoption. Management is currently evaluating the impact ASU 2014-09 will have on the consolidated financial statements and related disclosures.   In August 2014, the FASB issued ASU 2014-15, Disclosure of Uncertainties about an Entitys Ability to Continue as a Going Concern. This ASU introduces an explicit requirement for management to assess if there is substantial doubt about an entitys ability to continue as a going concern, and to provide related footnote disclosures in certain circumstances. In connection with each annual and interim period, management must assess if there is substantial doubt about an entitys ability to continue as a going concern within one year after the issuance date. Disclosures are required if conditions give rise to substantial doubt. ASU 2014-15 is effective for all entities in the first annual period ending after December 15, 2016. Management does not believe the potential effects of this ASU on the consolidated financial statements will be material.   In April 2015, the FASB issued ASU 2015-03, InterestImputation of Interest: Simplifying the Presentation of Debt Issuance Costs. The update requires debt issuance costs related to a recognized debt liability be presented in the balance sheet as a direct deduction from the carrying amount of the related debt liability instead of being presented as an asset. Debt disclosures will include the face amount of the debt liability and the effective interest rate. The update requires retrospective application and represents a change in accounting principle. ASU 2015-15 was issued subsequently to permit costs associated with a line of credit arrangement to be presented as assets and amortized ratably over the term of the arrangement. These updates will be effective for the Company on July 1, 2016. Management does not believe that these updates will materially impact the Companys consolidated financial statements.   In July 2015, the FASB issued ASU 2015-11, InventorySimplifying the Measurement of Inventory. ASU 2015-11 requires inventory to be subsequently measured using the lower of cost and net realizable value, thereby eliminating the market value approach. Net realizable value is defined as the estimated selling prices in the ordinary course of business, less reasonably predictable costs of completion, disposal and transportation. ASU 2015-11 is effective for the Company beginning on July 1, 2017 and is applied prospectively. Early adoption is permitted. The Company is currently evaluating the impact that this guidance will have on its consolidated financial statements and disclosure.

<table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif"> <tr style="vertical-align: bottom"> <td style="text-align: left; padding-left: 10pt; text-indent: -10pt"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="6" style="font-weight: bold; text-align: center; border-bottom: Black 1pt solid">Three Months ended December 31,</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="6" style="font-weight: bold; text-align: center; border-bottom: Black 1pt solid">Six Months Ended December 31,</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td style="text-align: left; padding-left: 10pt; text-indent: -10pt"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1pt solid">2015</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1pt solid">2014</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1pt solid">2015</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1pt solid">2014</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="width: 32%; text-align: left; padding-bottom: 2.5pt; padding-left: 10pt; text-indent: -10pt">Net income attributable to Parent Company</td><td style="width: 2%; padding-bottom: 2.5pt"> </td> <td style="width: 1%; border-bottom: Black 2.5pt double; text-align: left">$</td><td style="width: 13%; border-bottom: Black 2.5pt double; text-align: right">617,219</td><td style="width: 1%; padding-bottom: 2.5pt; text-align: left"> </td><td style="width: 2%; padding-bottom: 2.5pt"> </td> <td style="width: 1%; border-bottom: Black 2.5pt double; text-align: left">$</td><td style="width: 13%; border-bottom: Black 2.5pt double; text-align: right">424,480</td><td style="width: 1%; padding-bottom: 2.5pt; text-align: left"> </td><td style="width: 2%; padding-bottom: 2.5pt"> </td> <td style="width: 1%; border-bottom: Black 2.5pt double; text-align: left">$</td><td style="width: 13%; border-bottom: Black 2.5pt double; text-align: right">635,166</td><td style="width: 1%; padding-bottom: 2.5pt; text-align: left"> </td><td style="width: 2%; padding-bottom: 2.5pt"> </td> <td style="width: 1%; border-bottom: Black 2.5pt double; text-align: left">$</td><td style="width: 13%; border-bottom: Black 2.5pt double; text-align: right">707,628</td><td style="width: 1%; padding-bottom: 2.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-left: 10pt; text-indent: -10pt"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="text-align: left; padding-left: 10pt; text-indent: -10pt">Weighted-average shares of common stock outstanding:</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-left: 10pt; text-indent: -10pt">Basic shares outstanding</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">10,511,012</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">10,533,869</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">10,522,503</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">10,533,869</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="text-align: left; padding-bottom: 1pt; padding-left: 10pt; text-indent: -10pt">Dilutive effect of common stock equivalents arising from stock options</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">167,027</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">128,010</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">167,027</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">128,010</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 1pt; padding-left: 10pt; text-indent: -10pt">Diluted shares outstanding</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">10,678,039</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">10,661,879</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">10,689,530</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">10,661,879</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="text-align: left; padding-bottom: 2.5pt; padding-left: 10pt; text-indent: -10pt">Basic earnings per share</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">0.06</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">0.04</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">0.06</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">0.07</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 2.5pt; padding-left: 10pt; text-indent: -10pt">Diluted earnings per share</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">0.06</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">0.04</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">0.06</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">0.07</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table>

We report earnings per share in accordance with ASC 260, Earnings Per Share.  Basic earnings per share are computed using the weighted average number of shares outstanding during the period. Diluted earnings per share represent basic earnings per share adjusted to include the potentially dilutive effect of outstanding stock options. The weighted average number of shares outstanding used to compute earnings per share is as follows:   <table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif"> <tr style="vertical-align: bottom"> <td style="text-align: left; padding-left: 10pt; text-indent: -10pt"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="6" style="font-weight: bold; text-align: center; border-bottom: Black 1pt solid">Three Months ended December 31,</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="6" style="font-weight: bold; text-align: center; border-bottom: Black 1pt solid">Six Months Ended December 31,</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td style="text-align: left; padding-left: 10pt; text-indent: -10pt"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1pt solid">2015</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1pt solid">2014</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1pt solid">2015</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1pt solid">2014</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="width: 32%; text-align: left; padding-bottom: 2.5pt; padding-left: 10pt; text-indent: -10pt">Net income attributable to Parent Company</td><td style="width: 2%; padding-bottom: 2.5pt"> </td> <td style="width: 1%; border-bottom: Black 2.5pt double; text-align: left">$</td><td style="width: 13%; border-bottom: Black 2.5pt double; text-align: right">617,219</td><td style="width: 1%; padding-bottom: 2.5pt; text-align: left"> </td><td style="width: 2%; padding-bottom: 2.5pt"> </td> <td style="width: 1%; border-bottom: Black 2.5pt double; text-align: left">$</td><td style="width: 13%; border-bottom: Black 2.5pt double; text-align: right">424,480</td><td style="width: 1%; padding-bottom: 2.5pt; text-align: left"> </td><td style="width: 2%; padding-bottom: 2.5pt"> </td> <td style="width: 1%; border-bottom: Black 2.5pt double; text-align: left">$</td><td style="width: 13%; border-bottom: Black 2.5pt double; text-align: right">635,166</td><td style="width: 1%; padding-bottom: 2.5pt; text-align: left"> </td><td style="width: 2%; padding-bottom: 2.5pt"> </td> <td style="width: 1%; border-bottom: Black 2.5pt double; text-align: left">$</td><td style="width: 13%; border-bottom: Black 2.5pt double; text-align: right">707,628</td><td style="width: 1%; padding-bottom: 2.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-left: 10pt; text-indent: -10pt"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="text-align: left; padding-left: 10pt; text-indent: -10pt">Weighted-average shares of common stock outstanding:</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-left: 10pt; text-indent: -10pt">Basic shares outstanding</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">10,511,012</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">10,533,869</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">10,522,503</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">10,533,869</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="text-align: left; padding-bottom: 1pt; padding-left: 10pt; text-indent: -10pt">Dilutive effect of common stock equivalents arising from stock options</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">167,027</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">128,010</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">167,027</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">128,010</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 1pt; padding-left: 10pt; text-indent: -10pt">Diluted shares outstanding</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">10,678,039</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">10,661,879</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">10,689,530</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">10,661,879</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="text-align: left; padding-bottom: 2.5pt; padding-left: 10pt; text-indent: -10pt">Basic earnings per share</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">0.06</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">0.04</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">0.06</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">0.07</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 2.5pt; padding-left: 10pt; text-indent: -10pt">Diluted earnings per share</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">0.06</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">0.04</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">0.06</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">0.07</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table>

91744

86679

0.089

2016-03-31

1002996

702157

997374

492834

604618

581484

618533

343104

EX-101.SCH 7 fkwl-20151231.xsd XBRL SCHEMA FILE 00000001 - Document - Document and Entity Information link:presentationLink link:calculationLink link:definitionLink 00000002 - Statement - Consolidated Balance Sheets (Unaudited) link:presentationLink link:calculationLink link:definitionLink 00000003 - Statement - Consolidated Balance Sheets (Parenthetical) link:presentationLink link:calculationLink link:definitionLink 00000004 - Statement - Consolidated Statements of Comprehensive Income (Unaudited) link:presentationLink link:calculationLink link:definitionLink 00000005 - Statement - Consolidated Statements of Comprehensive Income (Parenthetical) link:presentationLink link:calculationLink link:definitionLink 00000006 - Statement - Consolidated Statements of Cash Flows (Unaudited) link:presentationLink link:calculationLink link:definitionLink 00000007 - Disclosure - 1. BASIS OF PRESENTATION link:presentationLink link:calculationLink link:definitionLink 00000008 - Disclosure - 2. BUSINESS OVERVIEW link:presentationLink link:calculationLink link:definitionLink 00000009 - Disclosure - 3. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES link:presentationLink link:calculationLink link:definitionLink 00000010 - Disclosure - 4. PROPERTY AND EQUIPMENT link:presentationLink link:calculationLink link:definitionLink 00000011 - Disclosure - 5. ACCRUED LIABILITIES link:presentationLink link:calculationLink link:definitionLink 00000012 - Disclosure - 6. SHORT-TERM BORROWINGS link:presentationLink link:calculationLink link:definitionLink 00000013 - Disclosure - 7. EARNINGS PER SHARE link:presentationLink link:calculationLink link:definitionLink 00000014 - Disclosure - 8. COMMITMENTS AND CONTINGENCIES link:presentationLink link:calculationLink link:definitionLink 00000015 - Disclosure - 9. LONG-TERM INCENTIVE PLAN AWARDS link:presentationLink link:calculationLink link:definitionLink 00000016 - Disclosure - 3. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies) link:presentationLink link:calculationLink link:definitionLink 00000017 - Disclosure - 3. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables) link:presentationLink link:calculationLink link:definitionLink 00000018 - Disclosure - 4. PROPERTY AND EQUIPMENT (Tables) link:presentationLink link:calculationLink link:definitionLink 00000019 - Disclosure - 5. ACCRUED LIABILITIES (Tables) link:presentationLink link:calculationLink link:definitionLink 00000020 - Disclosure - 6. SHORT-TERM BORROWINGS (Tables) link:presentationLink link:calculationLink link:definitionLink 00000021 - Disclosure - 7. EARNINGS PER SHARE (Tables) link:presentationLink link:calculationLink link:definitionLink 00000022 - Disclosure - 9. LONG-TERM INCENTIVE PLAN AWARDS (Tables) link:presentationLink link:calculationLink link:definitionLink 00000023 - Disclosure - 3. Summary of Significant Accounting Policies (Details - Segments) link:presentationLink link:calculationLink link:definitionLink 00000024 - Disclosure - 3. Summary of Significant Accounting Policies (Details - Useful lives) link:presentationLink link:calculationLink link:definitionLink 00000025 - Disclosure - 3. Summary of Significant Accounting Policies (Details - Intangibles) link:presentationLink link:calculationLink link:definitionLink 00000026 - Disclosure - 3. Summary of Significant Accounting Policies (Details Narrative) link:presentationLink link:calculationLink link:definitionLink 00000027 - Disclosure - 4. Property and Equipment (Details) link:presentationLink link:calculationLink link:definitionLink 00000028 - Disclosure - 4. Property and Equipment (Details Narrative) link:presentationLink link:calculationLink link:definitionLink 00000029 - Disclosure - 5. Accrued Liabilities (Details) link:presentationLink link:calculationLink link:definitionLink 00000030 - Disclosure - 6. Short-Term Borrowings (Details) link:presentationLink link:calculationLink link:definitionLink 00000031 - Disclosure - 6. Short-Term Borrowings (Details Narrative) link:presentationLink link:calculationLink link:definitionLink 00000032 - Disclosure - 7. Earnings Per Share (Details) link:presentationLink link:calculationLink link:definitionLink 00000033 - Disclosure - 8. Commitments and Contingencies (Details Narrative) link:presentationLink link:calculationLink link:definitionLink 00000034 - Disclosure - 9. Long-Term Incentive Plan Awards (Details - Option Activity) link:presentationLink link:calculationLink link:definitionLink 00000035 - Disclosure - 9. Long-Term Incentive Plan Awards (Details Narrative) link:presentationLink link:calculationLink link:definitionLink EX-101.CAL 8 fkwl-20151231_cal.xml XBRL CALCULATION FILE EX-101.DEF 9 fkwl-20151231_def.xml XBRL DEFINITION FILE EX-101.LAB 10 fkwl-20151231_lab.xml XBRL LABEL FILE Complete Technology 1 Indefinite-lived Intangible Assets by Major Class [Axis] Complete Technology 2 Complete Technology 3 Supply And Development Agreement Software Patents Certifications And Licenses US Geographical [Axis] Asia Complete Technology 4 Complete Technology 5 Complete Technology 6 Complete Technology 7 Machinery and Facility [Member] Property, Plant and Equipment, Type [Axis] Office Equipment [Member] Molds [Member] Construction in Progress [Member] Complete Technology 8 Complete Technology 9 Supplier Concentration Risk [Member] Concentration Risk Type [Axis] Accounts Payable [Member] Concentration Risk Benchmark [Axis] Caribbean and South America EMEA Machinery Vehicles [Member] Computers and software Furniture and fixtures Facilities Technology In Progress Sales [Member] Customer 1 [Member] Customer [Axis] Customer 2 [Member] Accounts Receivable [Member] Purchases San Diego, CA Property Subject to or Available for Operating Lease [Axis] Seoul, Korean Corporate housing facility Options [Member] Award Type [Axis] Short-term Debt [Member] Debt Instrument [Axis] Document And Entity Information Entity Registrant Name Entity Central Index Key Document Type Document Period End Date Amendment Flag Current Fiscal Year End Date Is Entity a Well-known Seasoned Issuer? Is Entity a Voluntary Filer? Is Entity's Reporting Status Current? Entity Filer Category Entity Public Float Entity Common Stock, Shares Outstanding Document Fiscal Period Focus Document Fiscal Year Focus Statement of Financial Position [Abstract] ASSETS Current assets: Cash and cash equivalents Accounts receivable Other receivables, net Inventories, net Prepaid expenses and other current assets Prepaid income taxes Deferred tax assets, current Advance payments to vendors Total current assets Property and equipment, net Intangible assets, net Deferred tax assets, non-current Goodwill Other assets TOTAL ASSETS LIABILITIES AND STOCKHOLDERS' EQUITY Current liabilities Accounts payable Advance payments from customers Accrued liabilities Income tax payable Short-term borrowings Total current liabilities Total liabilities Commitments and contingencies (Note 8) Stockholders' equity: Parent Company stockholders' equity: Preferred stock, par value $0.001 per share, authorized 10,000,000 shares; No preferred stock issued and outstanding as of December 31, 2015 and June 30, 2015 Common stock, par value $0.001 per share, authorized 50,000,000 shares; 10,403,869 shares issued and outstanding as of December 31, 2015 and June 30, 2015, respectively Additional paid-in capital Retained earnings Treasury stock, 3,472,286 and 3,342,286 shares as of December 31, 2015 and June 30, 2015, respectively Accumulated other comprehensive loss Total Parent Company stockholders' equity Non-controlling interests Total Stockholders' Equity TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY Preferred stock par value (in Dollars per share) Preferred stock Authorized Preferred stock Issued Preferred stock Outstanding Common stock par value (in Dollars per share) Common stock Authorized Common stock Issued Common stock Outstanding Treasury stock shares Income Statement [Abstract] Net sales Cost of goods sold Gross profit Operating expenses: Selling, general, and administrative Research and development Total operating expenses Income from operations Other income (loss), net: Interest income Other income (loss), net Total other income (loss), net Income before provision for income taxes Income tax provision Net income Non-controlling interests in net income of subsidiary at 48.2% Net income attributable to Parent Company Basic earnings per share attributable to Parent Company stockholders Diluted earnings per share attributable to Parent Company stockholders Weighted average common shares outstanding - basic Weighted average common shares outstanding - diluted Comprehensive income Net income Translation adjustments Comprehensive income Comprehensive income attributable to non-controlling interest Comprehensive income attributable to controlling interest Noncontrolling interest percentage Statement of Cash Flows [Abstract] CASH FLOWS FROM OPERATING ACTIVITIES: Adjustments to reconcile net income to net cash provided by operating activities: Depreciation Amortization of intangible assets Deferred tax Share-based compensation Gain on forgiven debt Gain from debt extinguishment Increase (decrease) in cash due to change in: Accounts receivable Inventories Prepaid expenses and other current assets Prepaid income taxes Advance payments to vendors Other assets Accounts payable Advance payments from customers Accrued liabilities Income tax payable Net cash provided by operating activities CASH FLOWS FROM INVESTING ACTIVITIES: Purchases of property and equipment Payments for capitalized development costs Purchases of intangible assets Receipt of loan repayments from an employee Net cash used in investing activities CASH FLOWS FROM FINANCING ACTIVITIES: Repurchase of common stock Net cash used in financing activities Effect of foreign currency translation Net increase in cash and cash equivalents Cash and cash equivalents, beginning of period Cash and cash equivalents, end of period Supplemental disclosure of cash flow information: Cash paid (received) during the periods for: Interest Income taxes Organization, Consolidation and Presentation of Financial Statements [Abstract] BASIS OF PRESENTATION BUSINESS OVERVIEW Accounting Policies [Abstract] SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Property, Plant and Equipment [Abstract] PROPERTY AND EQUIPMENT Payables and Accruals [Abstract] ACCRUED LIABILITIES Debt Disclosure [Abstract] SHORT-TERM BORROWINGS Earnings Per Share [Abstract] EARNINGS PER SHARE EX-101.PRE 11 fkwl-20151231_pre.xml XBRL PRESENTATION FILE XML 12 R1.htm IDEA: XBRL DOCUMENT

Document and Entity Information - shares	6 Months Ended
Document and Entity Information - shares	Dec. 31, 2015	Feb. 16, 2016
Document And Entity Information
Entity Registrant Name	FRANKLIN WIRELESS CORP
Entity Central Index Key	0000722572
Document Type	10-Q
Document Period End Date	Dec. 31, 2015
Amendment Flag	false
Current Fiscal Year End Date	--06-30
Is Entity a Well-known Seasoned Issuer?	No
Is Entity a Voluntary Filer?	No
Is Entity's Reporting Status Current?	Yes
Entity Filer Category	Smaller Reporting Company
Entity Common Stock, Shares Outstanding		10,403,869
Document Fiscal Period Focus	Q2
Document Fiscal Year Focus	2016

XML 13 R2.htm IDEA: XBRL DOCUMENT

Consolidated Balance Sheets (Unaudited) - USD ($)	Dec. 31, 2015	Jun. 30, 2015
Current assets:
Cash and cash equivalents	$ 14,657,624	$ 11,822,620
Accounts receivable	14,945,041	5,464,182
Other receivables, net	166,265	143,384
Inventories, net	4,572,075	2,281,667
Prepaid expenses and other current assets	13,601	60,339
Prepaid income taxes	0	1,055,788
Deferred tax assets, current	206,902	206,902
Advance payments to vendors	118,806	62,321
Total current assets	34,680,314	21,097,203
Property and equipment, net	256,869	314,492
Intangible assets, net	1,339,193	1,042,281
Deferred tax assets, non-current	1,768,588	1,860,347
Goodwill	273,285	273,285
Other assets	133,912	129,859
TOTAL ASSETS	38,452,161	24,717,467
Current liabilities
Accounts payable	20,648,002	7,362,075
Advance payments from customers	87,002	693,317
Accrued liabilities	457,961	238,619
Income tax payable	91,744	0
Short-term borrowings	148,295	148,295
Total current liabilities	21,433,004	8,442,306
Total liabilities	$ 21,433,004	$ 8,442,306
Commitments and contingencies (Note 8)
Parent Company stockholders' equity:
Preferred stock, par value $0.001 per share, authorized 10,000,000 shares; No preferred stock issued and outstanding as of December 31, 2015 and June 30, 2015	$ 0	$ 0
Common stock, par value $0.001 per share, authorized 50,000,000 shares; 10,403,869 shares issued and outstanding as of December 31, 2015 and June 30, 2015, respectively	13,806	13,806
Additional paid-in capital	7,280,767	7,305,767
Retained earnings	13,996,257	13,361,091
Treasury stock, 3,472,286 and 3,342,286 shares as of December 31, 2015 and June 30, 2015, respectively	(4,513,479)	(4,279,479)
Accumulated other comprehensive loss	(695,270)	(664,722)
Total Parent Company stockholders' equity	16,082,081	15,736,463
Non-controlling interests	937,076	538,698
Total Stockholders' Equity	17,019,157	16,275,161
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	$ 38,452,161	$ 24,717,467

XML 14 R3.htm IDEA: XBRL DOCUMENT

Consolidated Balance Sheets (Parenthetical) - $ / shares	Dec. 31, 2015	Jun. 30, 2015
Statement of Financial Position [Abstract]
Preferred stock par value (in Dollars per share)	$ .001	$ 0.001
Preferred stock Authorized	10,000,000	10,000,000
Preferred stock Issued	0	0
Preferred stock Outstanding	0	0
Common stock par value (in Dollars per share)	$ .001	$ 0.001
Common stock Authorized	50,000,000	50,000,000
Common stock Issued	10,403,869	10,533,869
Common stock Outstanding	10,403,869	10,533,869
Treasury stock shares	3,472,286	3,342,286

XML 15 R4.htm IDEA: XBRL DOCUMENT

Consolidated Statements of Comprehensive Income (Unaudited) - USD ($)	3 Months Ended		6 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2015	Dec. 31, 2014
Income Statement [Abstract]
Net sales	$ 20,163,481	$ 12,494,687	$ 32,111,947	$ 26,110,764
Cost of goods sold	17,000,575	10,006,962	26,986,034	21,307,439
Gross profit	3,162,906	2,487,725	5,125,913	4,803,325
Operating expenses:
Selling, general, and administrative	1,256,806	1,225,254	2,411,682	2,632,784
Research and development	793,609	740,508	1,516,178	1,515,903
Total operating expenses	2,050,415	1,965,762	3,927,860	4,148,687
Income from operations	1,112,491	521,963	1,198,053	654,638
Other income (loss), net:
Interest income	3,431	3,020	5,708	5,655
Other income (loss), net	25,062	201,227	(20,228)	378,008
Total other income (loss), net	28,493	204,247	(14,520)	383,663
Income before provision for income taxes	1,140,984	726,210	1,183,533	1,038,301
Income tax provision	144,924	152,000	149,989	210,000
Net income	996,060	574,210	1,033,544	828,301
Non-controlling interests in net income of subsidiary at 48.2%	(378,841)	(149,730)	(398,378)	(120,673)
Net income attributable to Parent Company	$ 617,219	$ 424,480	$ 635,166	$ 707,628
Basic earnings per share attributable to Parent Company stockholders	$ .06	$ .04	$ .06	$ .07
Diluted earnings per share attributable to Parent Company stockholders	$ .06	$ .04	$ .06	$ .07
Weighted average common shares outstanding - basic	10,511,012	10,533,869	10,522,503	10,533,869
Weighted average common shares outstanding - diluted	10,678,039	10,661,879	10,689,530	10,661,879
Comprehensive income
Net income	$ 996,060	$ 574,210	$ 1,033,544	$ 828,301
Translation adjustments	1,314	(81,376)	(30,548)	(126,144)
Comprehensive income	997,374	492,834	1,002,996	702,157
Comprehensive income attributable to non-controlling interest	(378,841)	(149,730)	(398,378)	(120,673)
Comprehensive income attributable to controlling interest	$ 618,533	$ 343,104	$ 604,618	$ 581,484

XML 16 R5.htm IDEA: XBRL DOCUMENT

Consolidated Statements of Comprehensive Income (Parenthetical)	Dec. 31, 2015	Jun. 30, 2015
Income Statement [Abstract]
Noncontrolling interest percentage	48.20%	48.20%

XML 17 R6.htm IDEA: XBRL DOCUMENT

Consolidated Statements of Cash Flows (Unaudited) - USD ($)	6 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
CASH FLOWS FROM OPERATING ACTIVITIES:
Net income	$ 1,033,544	$ 828,301
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation	99,347	121,318
Amortization of intangible assets	484,047	653,510
Deferred tax	91,759	63,001
Share-based compensation	(25,000)	42,951
Gain on forgiven debt	0	(40,664)
Gain from debt extinguishment	0	(331,601)
Increase (decrease) in cash due to change in:
Accounts receivable	(9,503,740)	547,471
Inventories	(2,290,408)	173,117
Prepaid expenses and other current assets	46,738	65,958
Prepaid income taxes	1,055,788	147,000
Advance payments to vendors	(56,484)	20,233
Other assets	(4,053)	7,194
Accounts payable	13,285,927	69,811
Advance payments from customers	(606,315)	1,566,645
Accrued liabilities	219,341	(20,661)
Income tax payable	91,744	0
Net cash provided by operating activities	3,922,235	3,913,584
CASH FLOWS FROM INVESTING ACTIVITIES:
Purchases of property and equipment	(41,724)	(29,643)
Payments for capitalized development costs	(603,577)	(81,591)
Purchases of intangible assets	(177,382)	(6,802)
Receipt of loan repayments from an employee	0	7,128
Net cash used in investing activities	(822,683)	(110,908)
CASH FLOWS FROM FINANCING ACTIVITIES:
Repurchase of common stock	(234,000)	0
Net cash used in financing activities	(234,000)	0
Effect of foreign currency translation	(30,548)	(126,144)
Net increase in cash and cash equivalents	2,835,004	3,676,532
Cash and cash equivalents, beginning of period	11,822,620	8,240,595
Cash and cash equivalents, end of period	14,657,624	11,917,127
Cash paid (received) during the periods for:
Interest	0	4,869
Income taxes	$ (1,090,181)	$ 0

XML 18 R7.htm IDEA: XBRL DOCUMENT

1. BASIS OF PRESENTATION

6 Months Ended

Dec. 31, 2015

Organization, Consolidation and Presentation of Financial Statements [Abstract]

BASIS OF PRESENTATION

XML 19 R8.htm IDEA: XBRL DOCUMENT

2. BUSINESS OVERVIEW

6 Months Ended

Dec. 31, 2015

Organization, Consolidation and Presentation of Financial Statements [Abstract]

BUSINESS OVERVIEW

XML 20 R9.htm IDEA: XBRL DOCUMENT

3. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

6 Months Ended

Dec. 31, 2015

Accounting Policies [Abstract]

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

Principles of Consolidation

Non-controlling Interest in a Consolidated Subsidiary

Segment Reporting

	Three Months Ended				Six Months Ended
	December 31,				December 31,
Net sales:	2015		2014		2015		2014
United States	$	15,360,582	$	8,816,503	$	25,470,917	$	19,725,646
Caribbean and South America		7,000		1,257,352		100,000		1,415,052
Europe, the Middle East and Africa (“EMEA”)		4,743,238		1,357,015		6,485,441		1,363,398
Asia		52,661		1,063,817		55,589		3,606,668
Totals	$	20,163,481	$	12,494,687	$	32,111,947	$	26,110,764

Long-lived assets, net (property and equipment and intangible assets):	December 31, 2015		June 30, 2015
United States	$	1,139,870	$	785,144
Asia		456,192		571,629
Totals	$	1,596,062	$	1,356,773

Estimates

Fair Value of Financial Instruments

Allowance for Doubtful Accounts

Revenue Recognition

Cost of Goods Sold

Capitalized Product Development Costs

Research and Development Costs

Warranties

Shipping and Handling Costs

Cash and Cash Equivalents

For purposes of the consolidated statements of cash flow, we consider all highly liquid investments purchased with original maturities of three months or less to be cash equivalents.

Inventories

Property and Equipment

Machinery	6 years
Office equipment	5 years
Molds	3 years
Vehicles	5 years
Computers and software	5 years
Furniture and fixtures	7 years
Facilities	5 years or life of the lease, whichever is shorter

Goodwill and Intangible Assets

The definite lived intangible assets consisted of the following as of December 31, 2015:

Definite lived intangible assets:	Expected Life	Average Remaining life	Gross Intangible Assets		Accumulated Amortization		Net Intangible Assets
Complete technology	3 years	–	$	490,000	$	490,000	$	–
Complete technology	3 years	–		1,517,683		1,517,683		–
Complete technology	3 years	–		281,714		281,714		–
Complete technology	3 years	–		361,249		361,249		–
Complete technology	3 years	–		174,009		174,009		–
Complete technology	3 years	0.1 years		909,962		884,685		25,277
Complete technology	3 years	1.3 years		65,000		37,917		27,083
Complete technology	3 years	2.0 years		2,402		800		1,602
Complete technology	3 years	2.3 years		6,405		1,602		4,803
Supply and development agreement	8 years	1.8 years		1,121,000		875,781		245,219
Technology in progress	Not Applicable	–		603,577		–		603,577
Software	5 years	1.6 years		214,065		180,671		33,394
Patents	10 years	7.5 years		58,390		1,710		56,680
Certifications and licenses	3 years	2.2 years		1,943,561		1,602,003		341,558
Total as of December 31, 2015			$	7,749,017	$	6,409,824	$	1,339,193

The definite lived intangible assets consisted of the following as of June 30, 2015:

Definite lived intangible assets:	Expected Life	Average Remaining life	Gross Intangible Assets		Accumulated Amortization		Net Intangible Assets
Complete technology	3 years	–	$	490,000	$	490,000	$	–
Complete technology	3 years	–		1,517,683		1,517,683		–
Complete technology	3 years	–		281,714		281,714		–
Complete technology	3 years	–		361,249		361,249		–
Complete technology	3 years	0.3 years		174,009		159,508		14,501
Complete technology	3 years	0.5 years		909,962		733,025		176,937
Complete technology	3 years	1.8 years		65,000		27,083		37,917
Complete technology	3 years	2.5 years		2,402		400		2,002
Complete technology	3 years	2.8 years		6,405		534		5,871
Supply and development agreement	8 years	2.3 years		1,121,000		805,719		315,281
Technology in progress	Not Applicable	–		–		–		–
Software	5 years	1.1 years		197,418		158,284		39,134
Patents	10 years	6.8 years		57,655		1,005		56,650
Certifications and licenses	3 years	0.4 years		1,783,561		1,389,573		393,988
Total as of June 30, 2015			$	6,968,058	$	5,925,777	$	1,042,281

Long-lived Assets

As of December 31, 2015, we are not aware of any events or changes in circumstances that would indicate that the long-lived assets are impaired.

Stock-based Compensation

Income Taxes

Net Loss per Share Attributable to Common Stockholders

Concentrations

Recently Issued Accounting Pronouncements

XML 21 R10.htm IDEA: XBRL DOCUMENT

4. PROPERTY AND EQUIPMENT

6 Months Ended

Dec. 31, 2015

Property, Plant and Equipment [Abstract]

PROPERTY AND EQUIPMENT

Property and equipment consisted of the following as of:

	December 31, 2015			June 30, 2015
Machinery and facility	$	303,520		$	300,650
Office equipment		381,927			373,554
Molds		808,130			775,499
Construction-in progress		–			2,150
		1,493,577			1,451,853
Less accumulated depreciation		(1,236,708	)		(1,137,361	)
Total	$	256,869		$	314,492

XML 22 R11.htm IDEA: XBRL DOCUMENT

5. ACCRUED LIABILITIES

6 Months Ended

Dec. 31, 2015

Payables and Accruals [Abstract]

ACCRUED LIABILITIES

Accrued liabilities consisted of the following as of:

	December 31, 2015		June 30, 2015
Accrued salaries, severance	$	113,313	$	140,820
Accrued salaries, payroll deductions owed to government entities		9,444		8,434
Accrued vacation		69,946		75,477
Payroll taxes		9,512		10,823
Other accrued liabilities		255,746		3,065
Total	$	457,961	$	238,619

XML 23 R12.htm IDEA: XBRL DOCUMENT

6. SHORT-TERM BORROWINGS

6 Months Ended

Dec. 31, 2015

Debt Disclosure [Abstract]

SHORT-TERM BORROWINGS

Short-term borrowings consisted of the following as of:

		December 31, 2015				June 30, 2015
Loan dated June 2011, due to a financial institution, with monthly interest payments (interest rate of 8.90% per annum), and the principal balance due March 2016 (interest rate of 5.025% per annum as extended)		$	148,295			$	148,295

The short-term borrowings of $148,295 as of December 31, 2015 and June 30, 2015, resulted from the consolidation of FTI’s debt.

XML 24 R13.htm IDEA: XBRL DOCUMENT

7. EARNINGS PER SHARE

6 Months Ended

Dec. 31, 2015

Earnings Per Share [Abstract]

EARNINGS PER SHARE

	Three Months ended December 31,				Six Months Ended December 31,
	2015		2014		2015		2014
Net income attributable to Parent Company	$	617,219	$	424,480	$	635,166	$	707,628

Weighted-average shares of common stock outstanding:
Basic shares outstanding		10,511,012		10,533,869		10,522,503		10,533,869
Dilutive effect of common stock equivalents arising from stock options		167,027		128,010		167,027		128,010
Diluted shares outstanding		10,678,039		10,661,879		10,689,530		10,661,879
Basic earnings per share	$	0.06	$	0.04	$	0.06	$	0.07
Diluted earnings per share	$	0.06	$	0.04	$	0.06	$	0.07

XML 25 R14.htm IDEA: XBRL DOCUMENT

8. COMMITMENTS AND CONTINGENCIES

6 Months Ended

Dec. 31, 2015

Commitments and Contingencies Disclosure [Abstract]

COMMITMENTS AND CONTINGENCIES

Leases

Litigation

We are from time to time involved in certain legal proceedings and claims arising in the ordinary course of business.

C-Motech Co., Ltd.

Novatel Wireless, Inc.

On July 20, 2015, a Settlement Conference took place during which we and NIS agreed to settle this matter and an agreement governing the settlement was executed on October 20, 2015.

Adaptix, Inc.

Change of Control Agreements

XML 26 R15.htm IDEA: XBRL DOCUMENT

9. LONG-TERM INCENTIVE PLAN AWARDS

6 Months Ended

Dec. 31, 2015

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

LONG-TERM INCENTIVE PLAN AWARDS

A summary of the status of our stock options is presented below:

					Weighted-
					Average
			Weighted-		Remaining
			Average		Contractual		Aggregate
			Exercise		Life		Intrinsic
Options	Shares		Price		(In Years)		Value
Outstanding as of June 30, 2015		850,337	$	1.24		4.36	$	306,583
Granted		–
Exercised		–
Cancelled		–
Forfeited or Expired		–

Outstanding as of December 31, 2015		850,337	$	1.24		3.86	$	816,782

Exercisable as of December 31, 2015		850,337	$	1.24		3.86	$	816,782

As of December 31, 2015, there was no unrecognized compensation cost related to non-vested stock options granted.

XML 27 R16.htm IDEA: XBRL DOCUMENT

3. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)

6 Months Ended

Dec. 31, 2015

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Principles of Consolidation

Principles of Consolidation

Non-controlling Interest in a Consolidated Subsidiary

Non-controlling Interest in a Consolidated Subsidiary

Segment Reporting

Segment Reporting

	Three Months Ended				Six Months Ended
	December 31,				December 31,
Net sales:	2015		2014		2015		2014
United States	$	15,360,582	$	8,816,503	$	25,470,917	$	19,725,646
Caribbean and South America		7,000		1,257,352		100,000		1,415,052
Europe, the Middle East and Africa (“EMEA”)		4,743,238		1,357,015		6,485,441		1,363,398
Asia		52,661		1,063,817		55,589		3,606,668
Totals	$	20,163,481	$	12,494,687	$	32,111,947	$	26,110,764

Long-lived assets, net (property and equipment and intangible assets):	December 31, 2015		June 30, 2015
United States	$	1,139,870	$	785,144
Asia		456,192		571,629
Totals	$	1,596,062	$	1,356,773

Estimates

Estimates

Fair Value of Financial Instruments

Fair Value of Financial Instruments

Allowance for Doubtful Accounts

Allowance for Doubtful Accounts

Revenue Recognition

Revenue Recognition

Cost of Goods Sold

Cost of Goods Sold

Capitalized Product Development Costs

Capitalized Product Development Costs

Research and Development Costs

Research and Development Costs

Warranties

Warranties

Shipping and Handling Costs

Shipping and Handling Costs

Cash and Cash Equivalents

Cash and Cash Equivalents

For purposes of the consolidated statements of cash flow, we consider all highly liquid investments purchased with original maturities of three months or less to be cash equivalents.

Inventories

Inventories

Property and Equipment

Property and Equipment

Machinery	6 years
Office equipment	5 years
Molds	3 years
Vehicles	5 years
Computers and software	5 years
Furniture and fixtures	7 years
Facilities	5 years or life of the lease, whichever is shorter

Goodwill and Intangible Assets

Goodwill and Intangible Assets

The definite lived intangible assets consisted of the following as of December 31, 2015:

Definite lived intangible assets:	Expected Life	Average Remaining life	Gross Intangible Assets		Accumulated Amortization		Net Intangible Assets
Complete technology	3 years	–	$	490,000	$	490,000	$	–
Complete technology	3 years	–		1,517,683		1,517,683		–
Complete technology	3 years	–		281,714		281,714		–
Complete technology	3 years	–		361,249		361,249		–
Complete technology	3 years	–		174,009		174,009		–
Complete technology	3 years	0.1 years		909,962		884,685		25,277
Complete technology	3 years	1.3 years		65,000		37,917		27,083
Complete technology	3 years	2.0 years		2,402		800		1,602
Complete technology	3 years	2.3 years		6,405		1,602		4,803
Supply and development agreement	8 years	1.8 years		1,121,000		875,781		245,219
Technology in progress	Not Applicable	–		603,577		–		603,577
Software	5 years	1.6 years		214,065		180,671		33,394
Patents	10 years	7.5 years		58,390		1,710		56,680
Certifications and licenses	3 years	2.2 years		1,943,561		1,602,003		341,558
Total as of December 31, 2015			$	7,749,017	$	6,409,824	$	1,339,193

The definite lived intangible assets consisted of the following as of June 30, 2015:

Definite lived intangible assets:	Expected Life	Average Remaining life	Gross Intangible Assets		Accumulated Amortization		Net Intangible Assets
Complete technology	3 years	–	$	490,000	$	490,000	$	–
Complete technology	3 years	–		1,517,683		1,517,683		–
Complete technology	3 years	–		281,714		281,714		–
Complete technology	3 years	–		361,249		361,249		–
Complete technology	3 years	0.3 years		174,009		159,508		14,501
Complete technology	3 years	0.5 years		909,962		733,025		176,937
Complete technology	3 years	1.8 years		65,000		27,083		37,917
Complete technology	3 years	2.5 years		2,402		400		2,002
Complete technology	3 years	2.8 years		6,405		534		5,871
Supply and development agreement	8 years	2.3 years		1,121,000		805,719		315,281
Technology in progress	Not Applicable	–		–		–		–
Software	5 years	1.1 years		197,418		158,284		39,134
Patents	10 years	6.8 years		57,655		1,005		56,650
Certifications and licenses	3 years	0.4 years		1,783,561		1,389,573		393,988
Total as of June 30, 2015			$	6,968,058	$	5,925,777	$	1,042,281

Long-lived Assets

Long-lived Assets

As of December 31, 2015, we are not aware of any events or changes in circumstances that would indicate that the long-lived assets are impaired.

Stock-based compensation

Stock-based Compensation

Income Taxes

Income Taxes

Net Loss per Share Attributable to Common Stockholders

Net Loss per Share Attributable to Common Stockholders

Concentrations

Concentrations

Recently Issued Accounting Pronouncements

Recently Issued Accounting Pronouncements

XML 28 R17.htm IDEA: XBRL DOCUMENT

3. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

6 Months Ended

Dec. 31, 2015

Accounting Policies [Abstract]

Segment information by geographic areas

	Three Months Ended				Six Months Ended
	December 31,				December 31,
Net sales:	2015		2014		2015		2014
United States	$	15,360,582	$	8,816,503	$	25,470,917	$	19,725,646
Caribbean and South America		7,000		1,257,352		100,000		1,415,052
Europe, the Middle East and Africa (“EMEA”)		4,743,238		1,357,015		6,485,441		1,363,398
Asia		52,661		1,063,817		55,589		3,606,668
Totals	$	20,163,481	$	12,494,687	$	32,111,947	$	26,110,764

Long-lived assets, net (property and equipment and intangible assets):	December 31, 2015		June 30, 2015
United States	$	1,139,870	$	785,144
Asia		456,192		571,629
Totals	$	1,596,062	$	1,356,773

Useful lives of property and equipment

Machinery	6 years
Office equipment	5 years
Molds	3 years
Vehicles	5 years
Computers and software	5 years
Furniture and fixtures	7 years
Facilities	5 years or life of the lease, whichever is shorter

Intangible Assets

The definite lived intangible assets consisted of the following as of December 31, 2015:

Definite lived intangible assets:	Expected Life	Average Remaining life	Gross Intangible Assets		Accumulated Amortization		Net Intangible Assets
Complete technology	3 years	–	$	490,000	$	490,000	$	–
Complete technology	3 years	–		1,517,683		1,517,683		–
Complete technology	3 years	–		281,714		281,714		–
Complete technology	3 years	–		361,249		361,249		–
Complete technology	3 years	–		174,009		174,009		–
Complete technology	3 years	0.1 years		909,962		884,685		25,277
Complete technology	3 years	1.3 years		65,000		37,917		27,083
Complete technology	3 years	2.0 years		2,402		800		1,602
Complete technology	3 years	2.3 years		6,405		1,602		4,803
Supply and development agreement	8 years	1.8 years		1,121,000		875,781		245,219
Technology in progress	Not Applicable	–		603,577		–		603,577
Software	5 years	1.6 years		214,065		180,671		33,394
Patents	10 years	7.5 years		58,390		1,710		56,680
Certifications and licenses	3 years	2.2 years		1,943,561		1,602,003		341,558
Total as of December 31, 2015			$	7,749,017	$	6,409,824	$	1,339,193

The definite lived intangible assets consisted of the following as of June 30, 2015:

Definite lived intangible assets:	Expected Life	Average Remaining life	Gross Intangible Assets		Accumulated Amortization		Net Intangible Assets
Complete technology	3 years	–	$	490,000	$	490,000	$	–
Complete technology	3 years	–		1,517,683		1,517,683		–
Complete technology	3 years	–		281,714		281,714		–
Complete technology	3 years	–		361,249		361,249		–
Complete technology	3 years	0.3 years		174,009		159,508		14,501
Complete technology	3 years	0.5 years		909,962		733,025		176,937
Complete technology	3 years	1.8 years		65,000		27,083		37,917
Complete technology	3 years	2.5 years		2,402		400		2,002
Complete technology	3 years	2.8 years		6,405		534		5,871
Supply and development agreement	8 years	2.3 years		1,121,000		805,719		315,281
Technology in progress	Not Applicable	–		–		–		–
Software	5 years	1.1 years		197,418		158,284		39,134
Patents	10 years	6.8 years		57,655		1,005		56,650
Certifications and licenses	3 years	0.4 years		1,783,561		1,389,573		393,988
Total as of June 30, 2015			$	6,968,058	$	5,925,777	$	1,042,281

XML 29 R18.htm IDEA: XBRL DOCUMENT

4. PROPERTY AND EQUIPMENT (Tables)

6 Months Ended

Dec. 31, 2015

Property, Plant and Equipment [Abstract]

PROPERTY AND EQUIPMENT

	December 31, 2015			June 30, 2015
Machinery and facility	$	303,520		$	300,650
Office equipment		381,927			373,554
Molds		808,130			775,499
Construction-in progress		–			2,150
		1,493,577			1,451,853
Less accumulated depreciation		(1,236,708	)		(1,137,361	)
Total	$	256,869		$	314,492

XML 30 R19.htm IDEA: XBRL DOCUMENT

5. ACCRUED LIABILITIES (Tables)

6 Months Ended

Dec. 31, 2015

Payables and Accruals [Abstract]

ACCRUED LIABILITIES

	December 31, 2015		June 30, 2015
Accrued salaries, severance	$	113,313	$	140,820
Accrued salaries, payroll deductions owed to government entities		9,444		8,434
Accrued vacation		69,946		75,477
Payroll taxes		9,512		10,823
Other accrued liabilities		255,746		3,065
Total	$	457,961	$	238,619

XML 31 R20.htm IDEA: XBRL DOCUMENT

6. SHORT-TERM BORROWINGS (Tables)

6 Months Ended

Dec. 31, 2015

Debt Disclosure [Abstract]

SHORT-TERM BORROWINGS

		December 31, 2015				June 30, 2015
Loan dated June 2011, due to a financial institution, with monthly interest payments (interest rate of 8.90% per annum), and the principal balance due March 2016 (interest rate of 5.025% per annum as extended)		$	148,295			$	148,295

XML 32 R21.htm IDEA: XBRL DOCUMENT

7. EARNINGS PER SHARE (Tables)

6 Months Ended

Dec. 31, 2015

Earnings Per Share [Abstract]

EARNINGS PER SHARE

	Three Months ended December 31,				Six Months Ended December 31,
	2015		2014		2015		2014
Net income attributable to Parent Company	$	617,219	$	424,480	$	635,166	$	707,628

Weighted-average shares of common stock outstanding:
Basic shares outstanding		10,511,012		10,533,869		10,522,503		10,533,869
Dilutive effect of common stock equivalents arising from stock options		167,027		128,010		167,027		128,010
Diluted shares outstanding		10,678,039		10,661,879		10,689,530		10,661,879
Basic earnings per share	$	0.06	$	0.04	$	0.06	$	0.07
Diluted earnings per share	$	0.06	$	0.04	$	0.06	$	0.07

XML 33 R22.htm IDEA: XBRL DOCUMENT

9. LONG-TERM INCENTIVE PLAN AWARDS (Tables)

6 Months Ended

Dec. 31, 2015

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

Schedule of Stock Option Activity

					Weighted-
					Average
			Weighted-		Remaining
			Average		Contractual		Aggregate
			Exercise		Life		Intrinsic
Options	Shares		Price		(In Years)		Value
Outstanding as of June 30, 2015		850,337	$	1.24		4.36	$	306,583
Granted		–
Exercised		–
Cancelled		–
Forfeited or Expired		–

Outstanding as of December 31, 2015		850,337	$	1.24		3.86	$	816,782

Exercisable as of December 31, 2015		850,337	$	1.24		3.86	$	816,782

XML 34 R23.htm IDEA: XBRL DOCUMENT

3. Summary of Significant Accounting Policies (Details - Segments) - USD ($)	3 Months Ended		6 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2015	Dec. 31, 2014	Jun. 30, 2015
Net sales	$ 20,163,481	$ 12,494,687	$ 32,111,947	$ 26,110,764
Long-lived assets, net:	1,596,062		1,596,062		$ 1,356,773
US
Net sales	15,360,582	8,816,503	25,470,917	19,725,646
Long-lived assets, net:	1,139,870		1,139,870		785,144
Asia
Net sales	52,661	1,063,817	55,589	3,606,668
Long-lived assets, net:	456,192		456,192		$ 571,629
Caribbean and South America
Net sales	7,000	1,257,352	100,000	1,415,052
EMEA
Net sales	$ 4,743,238	$ 1,357,015	$ 6,485,441	$ 1,363,398

XML 35 R24.htm IDEA: XBRL DOCUMENT

3. Summary of Significant Accounting Policies (Details - Useful lives)	6 Months Ended
	Dec. 31, 2015
Machinery
Estimated useful lives	6 years
Office Equipment [Member]
Estimated useful lives	5 years
Molds [Member]
Estimated useful lives	3 years
Vehicles [Member]
Estimated useful lives	5 years
Computers and software
Estimated useful lives	5 years
Furniture and fixtures
Estimated useful lives	7 years
Facilities
Estimated useful lives	5 years

XML 36 R25.htm IDEA: XBRL DOCUMENT

3. Summary of Significant Accounting Policies (Details - Intangibles) - USD ($)	6 Months Ended	12 Months Ended
	Dec. 31, 2015	Jun. 30, 2015
Intangible Assets, Gross	$ 7,749,017	$ 6,968,058
Accumulated Amortization	6,409,824	5,925,777
Intangible Assets, Net	$ 1,339,193	$ 1,042,281
Complete Technology 1
Expected Life	3 years	3 years
Intangible Assets, Gross	$ 490,000	$ 490,000
Accumulated Amortization	490,000	490,000
Intangible Assets, Net	$ 0	$ 0
Complete Technology 2
Expected Life	3 years	3 years
Intangible Assets, Gross	$ 1,517,683	$ 1,517,683
Accumulated Amortization	1,517,683	1,517,683
Intangible Assets, Net	$ 0	$ 0
Complete Technology 3
Expected Life	3 years	3 years
Intangible Assets, Gross	$ 281,714	$ 281,714
Accumulated Amortization	281,714	281,714
Intangible Assets, Net	$ 0	$ 0
Complete Technology 4
Expected Life	3 years	3 years
Intangible Assets, Gross	$ 361,249	$ 361,249
Accumulated Amortization	361,249	361,249
Intangible Assets, Net	$ 0	$ 0
Complete Technology 5
Expected Life	3 years	3 years
Average Remaining Life		3 months 18 days
Intangible Assets, Gross	$ 174,009	$ 174,009
Accumulated Amortization	174,009	159,508
Intangible Assets, Net	$ 0	$ 14,501
Complete Technology 6
Expected Life	3 years	3 years
Average Remaining Life	1 month 6 days	6 months
Intangible Assets, Gross	$ 909,962	$ 909,962
Accumulated Amortization	884,685	733,025
Intangible Assets, Net	$ 25,277	$ 176,937
Complete Technology 7
Expected Life	3 years	3 years
Average Remaining Life	1 year 3 months 18 days	1 year 9 months 18 days
Intangible Assets, Gross	$ 65,000	$ 65,000
Accumulated Amortization	37,917	27,083
Intangible Assets, Net	$ 27,083	$ 37,917
Complete Technology 8
Expected Life	3 years	3 years
Average Remaining Life	2 years	2 years 6 months
Intangible Assets, Gross	$ 2,402	$ 2,402
Accumulated Amortization	800	400
Intangible Assets, Net	$ 1,602	$ 2,002
Complete Technology 9
Expected Life	3 years	3 years
Average Remaining Life	2 years 3 months 18 days	2 years 9 months 18 days
Intangible Assets, Gross	$ 6,405	$ 6,405
Accumulated Amortization	1,602	534
Intangible Assets, Net	$ 4,803	$ 5,871
Supply And Development Agreement
Expected Life	8 years	8 years
Average Remaining Life	1 year 9 months 18 days	3 years 3 months 18 days
Intangible Assets, Gross	$ 1,121,000	$ 1,121,000
Accumulated Amortization	875,781	805,719
Intangible Assets, Net	$ 245,219	$ 315,281
Software
Expected Life	5 years	5 years
Average Remaining Life	1 year 7 months 6 days	1 year 1 month 6 days
Intangible Assets, Gross	$ 214,065	$ 197,418
Accumulated Amortization	180,671	158,284
Intangible Assets, Net	$ 33,394	$ 39,134
Patents
Expected Life	10 years	10 years
Average Remaining Life	7 years 6 months	6 years 9 months 18 days
Intangible Assets, Gross	$ 58,390	$ 57,655
Accumulated Amortization	1,710	1,005
Intangible Assets, Net	$ 56,680	$ 56,650
Certifications And Licenses
Expected Life	3 years	3 years
Average Remaining Life	2 years 2 months 12 days	4 months 24 days
Intangible Assets, Gross	$ 1,943,561	$ 1,783,561
Accumulated Amortization	1,602,003	1,389,573
Intangible Assets, Net	341,558	$ 393,988
Technology In Progress
Intangible Assets, Gross	603,577
Accumulated Amortization	0
Intangible Assets, Net	$ 603,577

XML 37 R26.htm IDEA: XBRL DOCUMENT

3. Summary of Significant Accounting Policies (Details Narrative) - USD ($)	3 Months Ended		6 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2015	Dec. 31, 2014	Jun. 30, 2015
Noncontrolling interest percentage	48.20%		48.20%		48.20%
Noncontrolling interest	$ 937,076		$ 937,076		$ 538,698
Subsidiary income			825,828
Increase in noncontrolling interest			$ 398,378
Increase in noncontrolling interest explanation			The increase was due to the net income of subsidiary of $825,828 for the six months ended December 31, 2015, of which 48.2% was attributable to the non-controlling interests.
Capitalized product development costs	603,577		$ 603,577		0
Product development costs incurred	464,665		603,577
Research and development costs	793,609	$ 740,508	1,516,178	$ 1,515,903
Shipping and handling expense	456,969	322,838	671,428	675,578
Inventory reserve	120,867		120,867		120,867
Impairment recognized	0	0	0	0
Amortization expense	229,701	321,280	484,047	653,510
Unrecognized tax benefits	0		0		0
Income tax provision	144,924	152,000	149,989	210,000
Increase in income tax payable	86,679		91,744	0
Products purchased	17,000,575	10,006,962	26,986,034	21,307,439
Accounts payable	20,648,002	$ 4,162,219	$ 20,648,002	$ 4,162,219	$ 7,362,075
Sales [Member] \| Customer 1 [Member]
Concentration of credit risk			78.20%	63.00%
Sales [Member] \| Customer 2 [Member]
Concentration of credit risk			19.40%	12.00%
Accounts Receivable [Member] \| Customer 1 [Member]
Concentration of credit risk			94.60%	61.00%
Accounts Receivable [Member] \| Customer 2 [Member]
Concentration of credit risk			0.60%	11.00%
Purchases \| Supplier Concentration Risk [Member]
Concentration of credit risk			98.90%	81.00%
Products purchased			$ 28,887,185	$ 16,506,938
Accounts Payable [Member] \| Supplier Concentration Risk [Member]
Accounts payable	$ 19,469,976		$ 19,469,976

XML 38 R27.htm IDEA: XBRL DOCUMENT

4. Property and Equipment (Details) - USD ($)	Dec. 31, 2015	Jun. 30, 2015
Property and equipment, gross	$ 1,493,577	$ 1,451,853
Less accumulated depreciation	(1,236,708)	(1,137,361)
Total	256,869	314,492
Machinery and Facility [Member]
Property and equipment, gross	303,520	300,650
Office Equipment [Member]
Property and equipment, gross	381,927	373,554
Molds [Member]
Property and equipment, gross	808,130	775,499
Construction in Progress [Member]
Property and equipment, gross	$ 0	$ 2,150

XML 39 R28.htm IDEA: XBRL DOCUMENT

4. Property and Equipment (Details Narrative) - USD ($)	3 Months Ended		6 Months Ended
4. Property and Equipment (Details Narrative) - USD ($)	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2015	Dec. 31, 2014
Property, Plant and Equipment [Abstract]
Depreciation expense	$ 47,714	$ 57,264	$ 99,347	$ 121,318

XML 40 R29.htm IDEA: XBRL DOCUMENT

5. Accrued Liabilities (Details) - USD ($)	Dec. 31, 2015	Jun. 30, 2015
Payables and Accruals [Abstract]
Accrued salaries, severance	$ 113,313	$ 140,820
Accrued salaries, payroll deductions owed to government entities	9,444	8,434
Accrued vacation	69,946	75,477
Payroll taxes	9,512	10,823
Other accrued liabilities	255,746	3,065
Total accrued liabilities	$ 457,961	$ 238,619

XML 41 R30.htm IDEA: XBRL DOCUMENT

6. Short-Term Borrowings (Details) - USD ($)	Dec. 31, 2015	Jun. 30, 2015
Debt Disclosure [Abstract]
Short term borrowings	$ 148,295	$ 148,295
Total short-term borrowings	$ 148,295	$ 148,295

XML 42 R31.htm IDEA: XBRL DOCUMENT

6. Short-Term Borrowings (Details Narrative) - Short-term Debt [Member]	6 Months Ended
	Dec. 31, 2015
Interest rate	8.90%
Maturity date	Mar. 31, 2016

XML 43 R32.htm IDEA: XBRL DOCUMENT

7. Earnings Per Share (Details) - USD ($)	3 Months Ended		6 Months Ended
7. Earnings Per Share (Details) - USD ($)	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2015	Dec. 31, 2014
Earnings Per Share [Abstract]
Net income attributable to parent company	$ 617,219	$ 424,480	$ 635,166	$ 707,628
Weighted-average shares of common stock outstanding:
Basic shares outstanding	10,511,012	10,533,869	10,522,503	10,533,869
Dilutive effect of common stock equivalents arising from stock options	167,027	128,010	167,027	128,010
Diluted Outstanding shares	10,678,039	10,661,879	10,689,530	10,661,879
Basic earnings per share	$ .06	$ .04	$ .06	$ .07
Diluted earnings per share	$ .06	$ .04	$ .06	$ .07

- Definition

The amount of net income (loss) for the period per each share of common stock or unit outstanding during the reporting period.

+ References + Details

- Definition

The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.

+ References + Details

XML 44 R33.htm IDEA: XBRL DOCUMENT

8. Commitments and Contingencies (Details Narrative) - USD ($)	3 Months Ended		6 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2015	Dec. 31, 2014
San Diego, CA
Rent Expense	$ 70,764	$ 49,728	$ 131,080	$ 99,456
Seoul, Korean
Rent Expense	32,100	24,000	64,200	48,000
Corporate housing facility
Rent Expense	$ 2,460	$ 2,597	$ 4,896	$ 5,380

XML 45 R34.htm IDEA: XBRL DOCUMENT

9. Long-Term Incentive Plan Awards (Details - Option Activity)	6 Months Ended
	Dec. 31, 2015 USD ($) $ / shares shares
custom:AggregateIntrinsicValueAbstract
Aggregate Intrinsic Value Exercisable \| $	$ 816,782
Options [Member]
Shares
Number of Options Outstanding, Beginning	850,337
Number of Options Granted
Number of Options Exercised
Number of Options Cancelled
Number of Options Forfeited or Expired
Number of Options Outstanding, Ending	850,337
Number of Options Exercisable	850,337
Weighted-Average Exercise Price
Weighted Average Exercise Price Outstanding, Beginning \| $ / shares	$ 1.24
Weighted Average Exercise Price Outstanding, Ending \| $ / shares	1.24
Weighted Average Exercise Price Exercisable \| $ / shares	$ 1.24
Weighted-Average Remaining Contractual Life (In Years)
Weighted Average Remaining Contractual Life (in years) Outstanding	4 years 4 months 10 days
Weighted Average Remaining Contractual Life (in years) Outstanding	3 years 10 months 10 days
Weighted Average Remaining Contractual Life (in years) Exercisable	3 years 10 months 10 days
custom:AggregateIntrinsicValueAbstract
Aggregate Intrinsic Value Outstanding, Beginning \| $	$ 306,583
Aggregate Intrinsic Value Outstanding, Ending \| $	$ 816,782

XML 46 R35.htm IDEA: XBRL DOCUMENT

9. Long-Term Incentive Plan Awards (Details Narrative) - USD ($)	3 Months Ended	6 Months Ended
	Dec. 31, 2015	Dec. 31, 2015	Dec. 31, 2014
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Share based compensation expense	$ (12,500)	$ (25,000)	$ 42,951
Weighted average grant-date fair value of stock options	850,337	850,337
Weighted average grant-date fair value of stock options, per share price		$ 1.15
Unrecognized compensation cost related to non-vested options	$ 0	$ 0

EXCEL 47 Financial_Report.xlsx IDEA: XBRL DOCUMENT begin 644 Financial_Report.xlsx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�#,60EUK 6:S)E%6M*3MIP-+E881!%(/I.T)(A4(! P7^ M<@,7&Z@FD>6 M691'21$6<9H@PB4B7+XE4""L\CB)H]]7;WD&/Y*O%(LR^ MV!GD\7T2W\6S,"E(.)NE*P2Z1J#KMZ!A#^:?+J.L^$+"Y)9$?Z_BY0+"P>(- ML'F#MY!1SPZ;K:);,H_#:3R/BSC*,>'(78>\8XCGB<(LL=T(! 3 ,(LP .OJ.WR]ZI%9NEC$A8T_;Y=CEB8% *-D M%A^AL+"^P]CK'IFGR7T73IS, !@_1&0Y#Q,2/H88A97U'W6I_C%%86M]A M[7G4)49A>WV'OB>](1=P>E88A57V'2Z[[>DX7/^%45AFWV'S*8U>8/@,Q$Y3 MA]-.FUR3HMAMZG#[K N48M31R>Q0W&[@OJZ9^F&/K%P\-P+*! ;9(RQ+&F 4 MEITZ9#^/&F(4EITZ9#^/PLQ[*NA>F2M%UY2. &T+PI VQ[<%2).&RW_Z!LGKOX8BAH M&EM)DB44-R0,L.T!MCTX<;2?1F'; VQ[,'JI"?^4@5 )BX:O;9&LVV&@RBQM MY0R7+N,-1_;(L^T%5-,3SY:\4-WNJVH&S])F+EE;&';DUUKYTR]02P,$% M @ 5HA02*!=?(=K @ OP@ !@ !X;"]W;W)K,^!.%SX:VY MU4(M1&41S;Q+TY&>-[0/&+GNPP/8G0!2$(WXW9"16^- ;?Y,Z;N:_+SLPUCM M@;2D$BH$EK<'.9&V59&D\M\IZ*>F(MKC9_3O.EVY_3/FY$3;/\U%U'*W<1A< MR!7?6_%&QQ]DRB%3 2O:]/H^FB:J0";#0_5(ORZ%*(M' M&1?10X59((X& 34"S(A(QIX%X+K $5ITZ!(XV8C$+9!X,D@T/='TU$U//?14 MTU--SYPOP$8@MT#F$<@L>KX4Z(V 02"#@##+H5L%>520I;)QIF$CMFZ!W".0 M6W3@KI0%9*54-AZ)C)@R:RCR-DPU:,0OPF1[8KH?N0ILPF<&L59K/],#V-$3.C\N$0=/I M@*]?L,CJ%QUA-]U'>5#1>R],8YA7YUY]@+K??,++8L W\@NS6]/SX$R%[%JZ M[UPI%41N(WZ1R=;R;V*>M.0JU#"78V;ZJYD(.CQ_%^9_EO(_4$L#!!0 ( M %:(4$@VMB8MIP0 ',6 8 >&PO=V]R:W-H965T&UL MC9A-CZ-&$(;_BN7[KKNK^G/DL1031J*?O/[:4ZAW_> MVJXIA[#:O6_Z2U>5AZFHJ3<@A-DTY>F\WFVGW[YTNVW[,=2G<_6E6_4?35-V M?^^KNKT^K^7Z]L/7T_MQ&'_8[+:;>]WAU%3G_M2>5UWU]KS^23X5:,?(E/CC M5%U[LKP:X5_:]MNX\MOA>2U&AJJN7H=Q$V7X^EX555V/6PI[_FO9Z+_[' OI M\FWKOTR'&_!?RKXJVOK/TV$X!EJQ7AVJM_*C'KZVUU^KY1CTN,'7MNZGS]7K M1S^TS:UDO6K*'_/WZ3Q]7^=_G%C*^ )8"N!>(%6V )<"?"C8S&33"*5(5*42+)$<\0L1%YIH=A@08-:&16@>""= =(4"%@@38&, :-9G"BF M$)WB:4R&QE :9&D,V8W2%H3E<6@.P 5PR_/8#(^E/.RXV%MZV&@$?ZUHR@C$ MQ&!V&19'6=ACWCNR%W:X%S0AA=;6)6Y+GR'QE,2P))Z>?6&\8(=6D8E%-*-W MTZH2E,>R/$O&W&Y?)UCN(LH90) )H*P[)05R/) D.T)EG$#)BR=*@A0^C'E, M4.5D*H%2>9X*Z+ZT<8;-%5$N@"N?NG Y/4OJ9\7[>*.*@4.,] MGV#*"5I20_/BWA4B?RH'G_9'+Q40YRP*UK.8M"U2>,':40B1.$$TZ MI0#)[!Y#Y30+5+.:U^R2L?\#BB;S4#G3 C6M?C#M\B 69Q27*5*9F"1G6+#$ M93IUU7,V!-K":MYE2\9F>MA$).;(.16H4W5"7]24$E/]8B86/Z7F=(I4IYJW M%U)/6G#"&A:\B(,HM$W-7)@S*E*C:MY?**.#]]X ?S:+AR2:T,8FNC/,616I M54WBB9[J\I/2,C1=?!?[D 3K:3*FRKYFH'[E9Y4]4F]^,EZ#Y4?W0] H"XG> M&G.&16I8P\L,H_;4" ?"\7-BG-2A)0U833O,F"KG6J3=+/^^9;]D[']W MLU$RT_5YV[Z=SOWIIAZ%MIG>%;VT[5&%[XG,X\\>J/-Q7ZNIM M&!=M6.[F=Z+SRM!>;J]X[^^9=_\ 4$L#!!0 ( %:(4$B3+&PO=V]R:W-H965T&ULC9;+CILP%(9?!?$ P6!N MB0A2DZIJ%Y5&LVC7#G$"&L#4=L+T[>L+H?;(XYDL@B__?\YWC&.GF@E]82W& M/'@=^I'MPY;S:1=%K&GQ@-B&3'@4,Q="!\1%EUXC-E&,SLHT]%$"0!X-J!O# MNE)C3[2NR(WWW8B?:,!NPX#HWP/NR;P/X_ Q\-Q=6RX'HKJ*5M^Y&_#(.C(& M%%_VX9=X=XR51"E^=7AF1CN0\"="7F3GQWD? LF >]QP&0*)QQT?<=_+2"+S MGR7H_YS2:+8?T;^I<@7^"3%\)/WO[LQ;00O"X(POZ-;S9S)_QTL-F0S8D)ZI M[Z"Y,4Z&AR4,!O2JG]VHGK.>R8K%YC8DBR%9#7'J-<#% -\8(DVFZOJ*.*HK M2N: ZID-3( M4@!7EH.6Y$H2 _UQXGB%%E'F(QARDR%Q,N0?,K@5 M%D/A82A,!NC<(L7'6Z3XW!8I/2"E"9(Z%Z,T2LU\6\0KM(BV'J*M290YB;;6 M7DP!+-]9(%N804MH$]:VAP&(/[5E)E,18VTHM9;/]]Z4LV>&H0ZXOL:T\,^1+BIR7TO*C.7YO M7^NZF_W<[P[MW?RUZ]YN%XOV\;7>5^V7YJT^A/\\-\=]U86?QY=%^W:LJZ=3 MT'ZW0"',8E]M#_/5\G3MZW&U;-Z[W?90?SW.VO?]OCK^NZYWSN3U&%CQ_UIM[M^DRAY7_&I)]M]H'Q]W/VWTYR0_ M-+N_MT_=:^BMF,^>ZN?J?==]:SY^KT<-ND_XV.S:T]_9XWO;-?MSR'RVKWX. MG]O#Z?-C^(^%,8P/P#$ +P&7=O@ .0;(SP"5#5!C@+JV!3T&Z$D+BT'[:>2* MJJM6RV/S,3L.T_U6]7<5W.HP-X^S,%SMO/_7:4)Z8K7\L;)NN?C1YR'(>D!P M0#R'%#$"%V(1VK]T M.=6&,4CEP#FYAP@NW#+Y.4B22DFS(S5O(4+X?XA$R5 MB5>G>#7$3[IX&$9B0.P@0H"1*FHH C(TZHU''&B6K<4#,T'4KA-!6LQH)&#CC#3MJ10RB\UV@R M&DVLD6UH;:*&)!CTPK 28PZ5LQ;9H2AB3@-J#^S8EC&GG) RRD?TV8P^&]_G MB7B7B7?Q^+"ZURZ>6M3&)<:'XS^CSL3YV M,:U]U([UT@C/RB.8$EHX5EV,@08#TYUZ5#?AM!>25]=7T'1)$+$^MJ7UR(P# M&3JN@%_#! 1OM$VL80)*'V;&"%8D 14H%^]\5&6V\$&LDIV>]F7'F ME$P,$:$$LI-;$$I;?CV4E#(ZL4=!KAA#7(T]7XU'9KS+M>!OW0W%1-BG^%), MN!L4B EY,2>M$R(U^;E*#'$I]GPI!E(0G>*Q#<6$0MY"%(2[ :7Y62X))YTT M)K5/YN1&9M2RF-"(^'"Y(B$1IK/>WY[+ F'O4-+;3$YMP"Q7?"\78"X;GMO M!%\;-H335B5GT=')D5KQAI& #C.3F#,,$#L&SSL&B(OW35CU3B4V4D\7F;=\P,L,I(_B84"I9D80+^XV:'OI&C32? M#-Z(O8%*PMEPM,'$EHHYSX"Q9_#L47A-&)BNL/-QED+ 0<4UF M2%)(7A9>(PNOD75%IG("I63EK M*DH*O#RC)1J##L1?X(C\EI72&O7>+*1F. M+=-!/=^5V9Q4:L[+H")2^2J!BC1F@J^0B<4W(0VXZ7.?L]0)Z;SF-Z,RGY-* MS;D:U)&EA>C42%/D? ,2W\ 7G)&QORHXA,L4',+E"@X!*UOP&M] U[M&V3.-TA! M9/)'<4F-@TO8[@WA^L,HO_$7-)]0(26KD7#:@?K? Z-%],!]7Q]?3J\ZVMEC M\W[HAHWJ^P?VD^MKN-T <[V VW)X6?*9?K5\JU[J/ZOCR_;0SAZ: MKFOVIP?]STW3U:'CXDO8*%_KZNGR8U<_=_U7&[X?AU3N_ ;J\AEK] M!U!+ P04 " !6B%!(A1JA(9$! "N P & 'AL+W=OE:^)FC%Z8F%WH-6M/5S+HJ% ]_O\)U#R3K4>U,#6/*E9&.6M+:V73!FBAH4-S?80N-V*M2* M6Q?J'3.M!EX&2$F61-$=4UPT-,_"VIO.,SQ8*1IXT\0P42NR6-Z6EA M(W:U]0LLS]C(E4)!8P0V1$.UI _Q8IUZ11"\"^C,V9QX[UO$O0]>RB6-O 60 M4%B?@;OA"&N0TB=R!W\..7^/].#Y_)3]*53KW&^Y@37*#U':VIF-*"FAX@=I M-]@]PU#"K4]8H#3A2XJ#L:A.""6*?_6C:,+8]3MWLP&;!I(!2$8@O@ZD Y#^ M 5CO+-3UR"W/,XT=T?U=M-Q?>;Q(7><*XHHQU&^%=GE%GAWS.(XR=O2)+C2K M7I,$33*E6%\HYJ.$.0.CB^2*BR3P:>#G\32?7N'3P,^&*N+)*BXUTW7\I^F- ML+/6MGP'KUSO1&/(%JV[I=#G"M&"RQ3=W%)2N\&PO=V]R:W-H M965T&ULC9A-;^,V$(;_BN%[UIP9DI("QT"DHF@/!19[:,^* MK<3&2I8K*?'VWY?ZB,,)AMR]6!]^2;XC<1Z.N+VVW??^6%7#ZD=3G_N']7$8 M+O>;3;\_5DW9?VDOU=G]\]QV33FXR^YETU^ZJCQ,C9IZ@TK935.>SNO==KKW MM=MMV]>A/IVKK]VJ?VV:LOLOK^KV^K"&]?N-;Z>7XS#>V.RVFUN[PZFISOVI M/:^ZZOEA_0CW!66C9%+\?:JNO7>^<_M>WW\>+/P\-:C1ZJNMH/8Q>E.[Q5 M15778T]NY'^73C_&'!OZY^^]_SZ%Z^P_E7U5M/4_I\-P=&[5>G6HGLO7>OC6 M7O^HEAC,V.&^K?OI=[5_[8>V>6^R7C7EC_EX.D_'Z_Q/JI9F<@-<&N"MP6T< MN0$M#>BC@9XBG9U-_C$LYOG.X)_?D]BL73+\>_YH>UZC8 M;=]V +3=O(T=,4T^:W#6W!0;U_MM" P/D:/7'*4!"E^1*GD$B@1!4WM:@M!R M!SK2@9XZT%,'F>4>SW,4LR29QU!$1FM)5_BZ%%-2@2=F(G8,B\?('=A(!]:+ M!T .:-;8.>:,="*&XZL @2"5W201-PES(XZ3)]XX.M4J8,>764,& K,EC=A) MF9U4M)/Z#P<2DXEN?)4E%7K56<1,QLR(P^29-\P=&J64Z,:7:X'!DZK;($XG0KF!", M=8P-E H8@RSZD-7R82-'/;<;$0'%&K(HE9>2EI> Z1R+0 212#(G$BMA @49^:>J^S=VG ME PT)B2;N$_-0*I2#++$($LR9,F'I_L>=?DA?W<53)FB*YZR /HIQEEBG T4 MCL1+5&L2&X _5X);BWUV M;A=U]3R,IXD[[^:]T_EB:"_O6\&W_>C=_U!+ P04 " !6B%!(AX_;L:$! M "Q P & 'AL+W=O#+$3DIQ\W\/$N<=S>DI\2SZP84$JRNV\EJA0%N!FACH=O0V MW^[+@(B /P)F>[8FP?L!\24$#^V.9L$"2&A<4.!^.L(=2!F$?.%_B^9[R4 \ M7Y_4?\5NO?L#MW"'\J]HW>#-9I2TT/%)NF>2!B?MTN&MV?5UWA;Q3M[A=37R M'AZYZ86VY(#.WVR\FP[1@3>175U3,OC_LP82.A>6/_W:I">5 H?CZ8.LO[1^ M U!+ P04 " !6B%!(;;>X5J$! "Q P & 'AL+W=O#\@OH;@3[.C6; M$FH7%+B?CG /4@8A7_C?K/E1,A#/UR?U7[%;[_[ +=RC?!&-Z[W9C)(&6CY* M]X33;YA;V 3!&J6-(ZE'ZU"=*)0H_I9FH>,\I9W;;*9=)N0S(?]"8*E0M/G M':]*@Q,QZ6@''FYPM[,T;,7N Z(JC]6JV)3L&(0^8?8)DR?,@F!> M?2F1?U]BGY_1\\OT]0\.UY&^GAU^(U#\(%!$@6(6N+[8XF?,S9W9)?7>9?'._F 5^7 ._C+32>T)0=T_F;CW;2(#KR)[&I#2>__ MSQ)(:%U8WOBU24\J!0Z'TP=9?FGU#E!+ P04 " !6B%!(FR%15J0! "Q M P & 'AL+W=OV=&[:,V;H'Q>T5#J#]38M&<>>WIF-V,,";2%*2Y5EVS107FE9E/'LR M58FCDT+#DR%V5(J;OWN0..WHBIX.GD77NW# JI(MO$8HT%:@)@;:';U=;?=% M0$3 BX#)GJU)\'Y ? V;7\V.9L$"2*A=4.!^.L(=2!F$?."W6?,S9"">KT_J M#S%;[_[ +=RA_",:UWNS&24-M'R4[AFG1YA3V 3!&J6-(ZE'ZU"=*)0H_IYF MH>,\I9OB>J9=)N0S(5\(-UDTG@)%F_?<\:HT.!&32COPT,'5-O>%J(GW9FFX MBMD'1%4>JU5Q4[)C$/J"V2=,GC +@GGU)43^_Q#[_(R>7Z:OOW&XCO3U[/#G M98'B&X$B"A1)8)-=3/$KYM\DV5E-%9@N/AU+:ARU2\5;3I?7>9O'GGS"JW+@ M'?SFIA/:D@,ZW]G8FQ;1@3>176THZ?W_63826A>6/_S:I">5-@Z'TP=9?FGU M 5!+ P04 " !6B%!(OI46>Z0! "Q P &0 'AL+W=OGY !/AMA):V'^'4#AO*>9=>[D&!5R59>(S4,5N) #+1[>IOO#D5 1,!O";.]6)/@_8CX$H*'9D^S M8 $4U"XH"#^=X Z4"D*^\-]%\ZUD(%ZNS^H_8[?>_5%8N$/U1S:N]V8S2AIH MQ:3<,\Z_8&EA&P1K5#:.I)ZL0WVF4*+%:YKE$. M"D6;]\*)JC0X$Y..=A3A!O,=]P=1$^_-TK 5NP^(JCQ5^9:7[!2$WF$."<,3 M9D4PK[Z6X)^7./ +.K].WWSA1':S MI:3W_V<-%+0N++_[M4E/*@4.Q_,'67]I]1]02P,$% @ 5HA02*A&0QJE M 0 L0, !D !X;"]W;W)K&UL?5/;3N,P$/T5 MRQ^ TZ0%MDHC458K>%@)\< ^N\DDL; ]6=MIV+_'ES04U.7%]HS/.7/&EW)" M\VI[ $?>E-1V1WOGABUCMNY!<7N% VB_TZ)1W/G0=,P.!G@324JR/,NNF>)" MTZJ,N2=3E3@Z*30\&6)'I;CYMP>)TXZNZ"GQ++K>A02K2K;P&J% 6X&:&&AW M]&ZUW:\#(@)>!$SV;$V"]P/B:P@>FQW-@@604+N@P/UTA'N0,@CYPG]GS8^2 M@7B^/JG_BMUZ]P=NX1[E']&XWIO-*&F@Y:-TSS@]P-S")@C6*&T<23U:A^I$ MH43QMS0+'>+ U;L?N J,ICM=I7!=;?"*RCP'H6N+W8XF?,CR]%V-F9*C!=?#J6U#AJEPYOR2ZO\RZ/ M=_(!K\J!=_";FTYH2P[H_,W&NVD1'7@3V=6&DM[_GR60T+JPO/%KDYY4"AP. MIP^R_-+J'5!+ P04 " !6B%!(#K.S6Z,! "Q P &0 'AL+W=O+XZ:KM"_ #.><.<.EG-"^NA[ DS>MC-O1WOMARYBK>]#" M7>$ )NRT:+7P(;0=K[;[340DP+.$R9VM2?1^0'R- MP>]F1XMH 134/BJ(,!WA 92*0J'PWUGSHV0DGJ]/ZC]3M\']03AX0/4B&]\' MLP4E#;1B5/X)IU\PMW =!6M4+HVD'IU'?:)0HL5;GJ5)\Y1W^.U,NTS@,X$O MA+LB&<^%DLT?PHNJM#@1FX]V$/$&5UL>#J(FP9NC<2MU'Q%5>:Q6-T7)CE'H M$V:?,3QC%@0+ZDL)_G6)/3^C\\OT]3<.UXF^GAU^47_SC< F"6QF 7ZQQ<^8 M]7]%V-F9:K!=>CJ.U#@:GP]OR2ZO\YZG._F 5^4@.O@C;">-(P?TX6;3W;2( M'H*)XNJ:DC[\GR50T/JXO UKFY]4#CP.IP^R_-+J'5!+ P04 " !6B%!( MG4=36:0! "Q P &0 'AL+W=OV>]LX-.\9LW8/B]@8'T'ZG1:.X\Z'IF!T,\":2E&1Y MEFV9XD+3JHRY)U.5.#HI-#P98D>EN/E_ (G3GJ[H.?$LNMZ%!*M*MO :H4!; M@9H8:/?T?K4[% $1 7\$3/9B38+W(^)+"'XU>YH%"R"A=D&!^^D$#R!E$/*% M_\V:[R4#\7)]5O\1N_7NC]S" \J_HG&]-YM1TD#+1^F>TL\YFVG5"/A/RA7 7"2P5BC8?N>-5:7 B)AWMP,,- MKG:Y/XB:>&^6AJW8?4!4Y:E:;8N2G8+0!\PA8?*$61#,JR\E\J]+'/(+>GZ= MOO[&X3K2U[/#S76!XAN!(@H4L\#V:HL?,;>?BK"+,U5@NOAT+*EQU"X=WI)= M7N=]'N_D'5Z5 ^_@-S>=T)8&UL?5/+;MLP$/P5@A\0RK2=I(8L($Y1M(<" M00[MF996$A&2JY*4E?Y]^9 5)W!SX7-F=G:7+">T+ZX'\.15*^/VM/=^V#'F MZAZT<#OI($G2]RH MM;!_#Z!PVM,5/1\\RZ[W\8!5)5MXC=1@G$1#++1[^K#:'381D0"_)$SN8DVB M]R/B2]S\:/:TB!9 0>VC@@C3"1Y!J2@4 O^9-=]"1N+E^JS^+64;W!^%@T=4 MOV7C^V"VH*2!5HS*/^/T'>84ME&P1N722.K1>=1G"B5:O.99FC1/^6;+9]IU M I\)?"'<%\EX#I1L?A5>5*7%B=A80\;PC%D0+*@O(?C_0QSX!9U?IZ\_<;A.]/7L\,MU@A;7-3RIO/ [G#[+\TNH?4$L#!!0 ( M %:(4$CJ>BA!I $ +$# 9 >&PO=V]R:W-H965T,"CKM_7RZ.FZZR M?0%F..?,&2[%A.;5=@".O&O5VSWMG!MVC-FJ RWL#0[0^YT&C1;.AZ9E=C @ MZDC2BO$L^\&TD#TMBYA[-&6!HU.RAT=#[*BU,'\/H'#:TQ4])YYDV[F08&7! M%EXM-?168D\,-'MZM]H=\H"(@&<)D[U8D^#]B/@:@M_UGF;! BBH7% 0?CK! M/2@5A'SAMUGSLV0@7J[/ZC]CM][]45BX1_4B:]=YLQDE-31B5.X)IU\PM[ ) M@A4J&T=2C=:A/E,HT>(]S;*/\Y1VMOE,NT[@,X$OA-LL&D^%HLT'X419&)R( M24<[B'"#JQWW!U$1[\W2L!6[#XBR.)6K+2_8*0A]P1P2AB?,@F!>?2G!_U_B MP"_H_#I]_8W#=:2O9X?KZP+Y-P)Y%,AG@?QJBU\QFW^*L(LSU6#:^'0LJ7#L M73J\);N\SCL>[^037A:#:.&/,*WL+3FB\S<;[Z9!=.!-9#<;2CK_?Y9 0>/" M.Z$;T" K# &0 M 'AL+W=O,\9EA4MT9_Q 72F7PV;6] MV(07*8=U%(G#A79$O+"!]NK)B?&.2'7)SY$8."5'$]2U$8[C+.I(TX=U9>Z] M\;IB5]DV/7WC@;AV'>'_=K1E]TV(PN>-]^9\D?I&5%?1%'=L.MJ+AO4!IZ=- MN$7K'5YIB$'\;NA=S,X#G?R>L0]]\?.X"6.= VWI06H*H@XW^DK;5C,IY;\/ MTB]-'3@_?[)_-\M5Z>^)H*^L_=,B MMQ"ML7H1AT#E)D+]R*Q>(^KJ5J,\JZ*;)@*8W8C!(V9"1(I]DL!NB1V>A6-[ M>.+),#'AR:B>.@A2#T%J"-+'$G/K$B&FL(NL/"(K0%!:10"FB.TBF45>T1R0)!812 FM8L4'I$"$*RL(A"3V45*CT@)".P;#S&.C=?5[:Z@ M&%#8MQZ"2L?>(V^E(D!AW_T%R+']R%.N6X0!A=T "Y## ^#H! >9<.'\Q!Z@/IT/$U 90!"HSE.;=/=:2[>8C,,?L'K M:B!G^HOP<].+8,^D&BG-4'AB3%*51?RBLKBHR7VZ:.E)ZM- MH_GT_Z#^#U!+ P04 " !6B%!(R$,T1KX! ![! &0 'AL+W=OZ2@/N"'>'_,',(#_G0PZ:LY_J@",7 3B4QBDP.YSA$3AW0M;XWT7ST](1K^>S^D]?K4U_8AH>)?_;5::U M82.,*JC9R,V+G'[!I834"9:2:_]$Y:B-%#,%(\'>PMCU?IS"23K3M@GT0J + MX5OD@P0P7_7E?U-\ %!+ P04 " !6B%!('S?.;JGY #/ MAMA):V%^GT#A?*0YO29>9->[D&!5R59>(S4,5N) #+1'^I@?3D5 1, /";/= MK$GP?D9\#<&WYDBS8 $4U"XH"#]=X F4"D*^\*]%\[UD(&[75_4OL5OO_BPL M/*'Z*1O7>[,9)0VT8E+N!>>OL+2P#X(U*AM'4D_6H;Y2*-'B+%6.HH/OPG1R ML.2,SM]LO)L6T8$WD=WM*>G]_UD#!:T+RWN_-NE)I<#A>/T@ZR^M_@!02P,$ M% @ 5HA02'TP%T^G 0 L0, !D !X;"]W;W)K&UL?5/;;MP@$/T5Q <$+]YMTI774C91U3Y4BO+0/K/VV$8!Q@&\3O^^ M@+V.4VWS LQPSIDS7(H1[8OK #QYT\JX ^V\[_>,N:H#+=P-]F#"3H-6"Q]" MVS+76Q!U(FG%>)9]85I(0\LBY9YL6>#@E33P9(D;M!;VSQ$4C@>ZH9?$LVP[ M'Q.L+-C"JZ4&XR0:8J$YT/O-_KB-B 3X)6%TJS6)WD^(+S'X41]H%BV @LI' M!1&F,SR 4E$H%'Z=-=]+1N)Z?5'_EKH-[D_"P0.JW[+V73";45)#(P;EGW'\ M#G,+NRA8H7)I)-7@/.H+A1(MWJ99FC2/TTZ>S[3K!#X3^$*XRY+QJ5"R^2B\ M* N+(['3T?8BWN!FS\-!5"1XXCHBS.)>=?"W:.0A\PQPG#$V:S(%A0 M7TKP_Y8>712]:^"EL*XTC)_3A9M/=-(@>@HGL9D=) M%_[/$BAH?%S>AK6=GM04>.PO'V3YI>5?4$L#!!0 ( %:(4$B\#.W4I0$ M +$# 9 >&PO=V]R:W-H965T=-JL ?:.S?N&;-U#UK8.QQA\#LM&BV<#TW'[&A -)&D%>-9]L"TD .M MRIA[-E6)DU-R@&=#[*2U,'^.H' ^T!V])%YDU[N08%7)5EXC-0Q6XD ,M ?Z MN-L?BX"(@)\29KM9D^#]A/@:@N_-@6;! BBH75 0?CK#$R@5A'SAWXOFM60@ M;M<7]:^Q6^_^)"P\H?HE&]=[LQDE#;1B4NX%YV^PM' ?!&M4-HZDGJQ#?:%0 MHL5;FN40YSGMY,5"NTW@"X&OA,]9-)X*19M?A!-5:7 F)AWM*,(-[O;<'T1- MO#=+PU;L/B"J\ESQ?%>R[^0* MK\I1=/!#F$X.EIS0^9N-=],B.O FLKM[2GK_?]9 0>O"\I-?F_2D4N!PO'R0 M]9=6?P%02P,$% @ 5HA02":;2@2G 0 L0, !D !X;"]W;W)K&UL?5/+;MLP$/P5@A\02I3L%H8L($Y0M(<"00[MF996 M$A$^%)*RTK\O'[*B%&XN)'I%#VB ?GQ@,AMAE ,GNG M1U!^I]-&,N=#TQ,[&F!M)$E!:);MB61#"PE25V3EM5R"LEPK9* [XOO\<"H#(@)^<9CM9HV"][/6+R'X MT1YQ%BR @,8%!>:G"SR $$'(%WY=--]+!N)V?57_%KOU[L_,PH,6OWGK!F\V MPZB%CDW"/>OY.RPM[()@HX6-(VHFZ[2\4C"2["W-7,5Y3CM%OM!N$^A"H"OA M:Q:-IT+1YB-SK*Z,GI%)1SNR<(/Y@?J#:)#W9G'8BMT'1%U=:EH4%;D$H0^8 M4\+0B,E7!/'J:PGZ_Q(GNJ'3V_3B$X=%I!>I^GYW6Z#\1*", N4BL+_9XA9# MB_*?(F1SIA),'Y^.18V>E$N'MV;7UWE/XYV\P^MJ9#W\9*;GRJ*S=OYFX]UT M6COP)K*['4:#_S]K(*!S8?G%KTUZ4BEP>KQ^D/67UG\!4$L#!!0 ( %:( M4$@J&"@NI@$ +$# 9 >&PO=V]R:W-H965T&+"!.4;2' D$.[9F65A(14JN2E)7^??F0%2=P<^%S M9G9VERQG-"^V!W#D5:O!'FCOW+AGS-8]:&'O<(3!W[1HM'!^:SIF1P.BB22M M&,^R>Z:%'&A5QK,G4Y4X.24'>#+$3EH+\_<("N<#W=#+P;/L>A<.6%6RE==( M#8.5.! #[8$^;/;'(B BX)>$V5ZM2?!^0GP)FQ_-@6;! BBH75 0?CK#(R@5 MA'S@/XOF6\A O%Y?U+_%;+W[D[#PB.JW;%SOS6:4--"*2;EGG+_#DL(V"-:H M;!Q)/5F'^D*A1(O7-,LASG.ZV14+[3:!+P2^$KYDT7@*%&U^%4Y4I<&9F%3: M480.;O;<%Z(FWINEX2IF'Q!5>:YXOBW9.0B]PQP3AD?,9D4PK[Z&X/\/<>17 M='Z;GG_B,(_T/$7?Y;<%BD\$BBA0+"G>WTSQ/6;W(0B[JJD&T\6G8TF-T^!2 M\=;3]74^\-B3-WA5CJ*#G\)T7. MKTUZ4FGC<+Q\D/675O\ 4$L#!!0 ( %:(4$@",CA8*0, $T, 9 M>&PO=V]R:W-H965T6GRK!0OE5=?BB*M_CZ+7%Z7/O1O$Z_9\=3HB2")@YZWSPI1UIDLO4H< MEOX37&PAT9 6\2L3U]IZ][3X-RG?]>#'?ND#K4'D8M=H$ZEZ?(B5R'-M27G^ MTQG]\JF)]OO-^K8-5\E_2VNQDOGO;-^WMQ2"]Y\RJOWT47 ]4&=S*O MVU]O=ZD;6=PHOE>DG^:9E>WS:KYPWM'"ES;R-)) M$6/N;6NC(& X=-=K/;!&:>C,]<9&J=7$&!LYE?0U.G[,@QEE[4#&%Z$,1NX] M.Q.W[7!FTU(.&8I&I$_>4'!0631B8N)Z>8+H<6T[3+<( 7"NU-4 !1'EF([D M: $8,3@9H@CD (Z%N'4M0/Q($DC9R.<.M4AF9$D^Q@FG.#_6H9;GN[.:PX@ M=>?)!C(24D*3E[*1M_:UFS?"3\AW3K= MS3_#Q0HZYM=PL3%][I?Y)#ZG1_$SK8Y967MOLE$-6]MR':1LA%(.OJEKYZ1Z M^WZ0BT.C7[EZKTRW:P:-/-^:]_X?1/(/4$L#!!0 ( %:(4$A-0;=0'@( M *@' 9 >&PO=V]R:W-H965T(# M#$+5_L2:M+.9S%YL,IF+W6MJ:34#X@*MLV^_@*U3)DJ\D;_SG>^ '+Z\$_)# M591J\,E9H[91I76[@5"5%>5$/8F6-F;E)"0GV@SE&:I64G)T09Q!',<9Y*1N MHB)WY19B$/\KFFG'OK BC\(\6$'/X_;*+8:**.EMA3$-%?Z3!FS3";S MWQOI5TX;^-B_L[^X[1KY!Z+HLV!_ZJ.NC-HX D=Z(A>FWT7W2F][2"UA*9AR M7U!>E!;\'A(!3C[[MFY9M]CL,.@ 0$-^Y "3Z?8XX=P M/!Z^""ANXZ5L=S]#Y#31QG"CH'N1) M74Q0!-RQ0WB.5#Q+:LA&R/-1FDQ0A(R$YCC)!Z43?D4A+R'/3&DV01%R$YIC M)Q3V$WQX23F59U&PO=V]R:W-H965T292_' MX$QF+S:Q]?OZY6W<-+?:BZ+\UK M?1S^\M2TAZH?/K;/J^ZUK:O'::/#?F64"JM#M3LN-^OINV_M9MV\]?O=L?[6 M+KJWPZ%J_[NK]\W'S5(OSU]\WSV_].,7J\UZ==GN<7>HC]VN.2[:^NEF>:N_ M;J,=D8GX>U=_=-GOBS'\?=/\&#_\^7BS5&.&>E\_]&,3U?#CO=[6^_W8TK#G M?^=&?^USW##__=SZ[]/A#O'OJZ[>-OM_=H_]RY!6+1>/]5/UMN^_-Q]_U/,Q M^+'!AV;?3?\O'MZZOCF<-UDN#M7/T\_=EBO%;C-==?[7#F'A;#P73+\4_3Z1J)S?I] M8SRL5^]C0XBY.S%F8G2)V.:$\?'"K(8$EQB&CG%G\@:*NT $L0?+'*B=MG=S MQ(3W<3RE.#$P,0 N*0TE;IMS(86HJ$-V3""7!PJJ&.C$A-..G$K1N&*@G/-I MN(X Y4">">11(%T,Y+,CU]8FG6PQ$.*4,R;JR+L7$83 49S0J+2$E MZ'HS=#KR MU"R(0W'BTQ+SZ5QI;"@.Q*$X^6F)_;3_O N6$1R$DY[&UO-$$YSVM,1[6B(^ M$L)A./5IB?MT;K7A7@&Z?)_C.!R)TY^6^$_G9N,B,1R>_G &-!(#FL\-2" X M"&= @PT8B"8X QJ) 8W$@"2$PW &-!(#FEQL-FCCBMR6XW DSG]&XC^3:XV+ MQ' X$F<_([&?^=Q^!(*#249I*DFZ?\_@U.*:)/,1RNMSBE627HYC,4/HN$.9^\HDI 3FY6"[KY#''= M'"':>45T#0]?,878B^'"GGP%IEB(FBY51I03(> M()]S>0/$,Q% T@C)$O*VG"\M4B$0,WG+J= FR:!(DD%!0?@9#R=!IP2# D/@ MBF&N(.)R.TY_3@L&A88#B7@FA[!!IU05Z#BA M.BL8$"Z?!>(]H4!HLHARXT#L0T*L0F(Z[C@5.B\8#Q@BQ@,)X3". A' 8SGS>",8!AJ(JA\$0 M%8:SGI?4R!Z]]'"J/"^A*1R'/?:CNAZBO"6>S'CVK8CHM4@^0W11 M$2]%IL<1ISTL*9 Q=W^+.?8^"EY0(-]A"'PY#((B M=:TYZ7E)%>V1]+31U!2)!?%+,$Y]05)'A[P^CN A%COJ%G/*@R94&CB5!DD= M'?(9HG'>Z')ICSBK/?VJD!-JP!HDO!,X#09)-8VAZX=R96LHPK7#QS. MD1#G(VF/P'DU2*KID$\4K;6I_%8!8TE3MZ[ N35@(U*GF3-BD!33&(K$F* @ M_#:?,R%(BFD,I?*DZ0HBA .< T%23$/N-A_M=9SY:F,,@B?T!9P!05),0UXE M:]!$'D0I:A8'G$U!4DI#/EWT(5S/<<]YKC!/W$>!,RH@#R9J.0GG09"4TB I MI4D(A^$,"))2&D/7BW7.83!$J ;8E3:24AK0(\+DK"]WBRT&(2(0A^+\!Y*" M&O):>2PD%#%[QZ"-R5./)X$S*D@*:\A?*ENGO8_E3/D4TR:;*,E'SJL1VY 8 M[9&S8938<(;FY6S*>FJ56N0\%R6>B[G!"%M$3E]1HJ^(JMW2 :VRU9B'NGV> M5JEVBX?F[=B?EEU>OKVLA+TUTVK.7_AF_5H]UW]5[?/NV"WNF[YO#M.JSJ>F MZ>LAB/HRZ.2EKAXO'_;U4S_^.GJF/:U>/7WHF]?S8MS+BN#-_U!+ P04 M" !6B%!(3$#Z3Z($ !Y%@ &0 'AL+W=OX&34+8)-W,OOTXB:%= MJ&RX F_*O^K[%0YGI^;]E>W-Z9/?M?5L7N>[?O^])2FW79OZK+[UIS,T?[S MUK1UV=O+]CWM3JTI=Z-17:6,$)76Y>$X6\S'>S_:Q;SYZ*O#T?QHD^ZCKLOV M_Z6IFO/SC,XN-WX>WO?]<"-=S-.KW>Y0FV-W:(Y):]Z>9R_T:E_?HT*U-5@R<[\G_.Z=>8@Z'_^^)] M,X9KY;^6G5DUU;^'7;^W:LDLV9FW\J/J?S;GOXR+00X.MTW5C9_)]J/KF_IB M,DOJ\O?T?3B.W^?IGTPY,]R .0-V-;B.@QMP9\"_#$340#@#<37(2=1 .@/Y MZ C*&:@;@W1*UICJ==F7BWG;G)-V6A^G?HY. +,"0\DD\^VHLI$92B^80,*G7] +,),4"LB(@5G@.F,SC(<1([,=G(:)Z1 M3&'8^C%LXV.2YTH'4BPCJB50G:-R)D9-,\UD'II*%1E'@7$T.H[RXN$ZYUE@ MG"PR3N:-PPF^MB$3>,+RR" Y<,#0J32+I56@2!]CC.6\T"0/J.^CVN0,3 M* +#B74?*D XZ*0O'32-PFR3(A2/28#%1MEM?[\$YG,B%T2@:2P MIR27-!1BK%51"4)$GY,EE?>GXRZR"2!0:ZS=4;_?Z<"CK_QU+(1F:!U<04[: MMYE 7-"?UCF:H@)PC!+?'XPPUF@IZ*(4E;1TD-LZ*'6[X;TH]S%-,X$FH@!8 M2'.L;U/0N&\WE!?-?J^EFG?LL7@<+L]W)&E,@)OIE9.7+JB((JQFA@)GTPYK)XU.4&@!E7C'C3 M 5^*8EL.!K8J@(M8"V3\ MD7@@E.'Q0"BPE6"Q!L9 Z.!-<]B#8+)1^(!$$/?$(H;*/02'NL 3 $7H?46 M*[$L>R0> #$4*FX@$1 3JYT,U$X66K*QFL3T(_$ B*&'*,4-%-C_\5@]X+ > MH+U@S?TW 9;G>49SM!<4@*1*VE[ 0R<>L1K#064('IK$*@/W*T.@]#O&R=5" M:1TXBXB3DZK4.R:K3?L^GFAVR;;Y./;#"8]W]WIJ^C(>FM[<7]*G%47NK^E3 M,9V)?KE?S$_EN_E>MN^'8Y>\-GW?U./QW%O3],9*)]_L4[PWY>YZ49FW?OB9 MV=_M=#(Z7?3-Z7+0>SUM7OP!4$L#!!0 ( %:(4$@#K,.&3 ( -P' 9 M >&PO=V]R:W-H965TO+X3!K4'9Q+?_/_Z.38[SD0UOO*)4>.]M MT_&]7PG1[X* 'RO:$O[$>MK)E3,;6B+D<+@$O!\H.6E3VP0P#..@)77G%[F> M>QF*G%U%4W?T9?#XM6W)\.>9-FS<^\"_3[S6ETJHB:#(@]EWJEO:\9IUWD#/ M>_\SV)4 *HE6_*SIR!=]3\$?&'M3@^^GO1\J!MK0HU AB&QNM*1-HR+)G7]/ M03_V5,9E_Q[]JTY7XA$IR5K?M4G44G:T/=.]$RNC7AEXSH.YC)ZH.P<[)$_NZ,EDN*^6]'$I19'?"@2S/+BI0);FV6B@UD"7HK04Z2P) M),!, 3LP2#%R Z$-(&0! 2>0T<1: M\PE %"=AZB2RA0 E* 9NI&@#*;*0H!,I6NP$<9S&F1-H*4,@BC+HQL$;.-C" M63GB>"- _,"=QTO0$&'HE)6V+(QQZ,9)-G"2!0Z,5K[A="- ^D ^Z1(T!1ET M?\*6+$$81VZ<; ,G6^:S=B"JSJV7AO"!C":184W#%+AUI:5+$AQEV0K29K4" M%M+*L8"M4@,>J35@6416$EI*(/COA(-%'>[)A?X@PZ7NN'=@0I9T793/C DJ M8X5/\L]4R:=V'C3T+%0WD?W!/#YF(%A_?TOG![WX"U!+ P04 " !6B%!( M.G1K2 ," !T!0 &0 'AL+W=O'3 ):&U/;A.W?UQ="2,1F^X+M\3EG MC@=[LIZ+=UD!*/3!:"/77J54N$8EA4P(I]X"XW>.7+!B-)+<<*R%4 .EL0H M#GU_@1FI&R_/;.Q5Y!GO%*T;>!5(=HP1\7<#E/=K+_ N@;?Z5"D3P'F&1]ZA M9M#(FC=(P''MO02K76P0%O"KAEY.YLAXWW/^;A8_#FO/-Q: 0JF, M'#&0J@ MU CIQ'\&S6M*0YS.+^K?[&FU^SV14'#ZNSZH2IOU/72 (^FH>N/]=QB.D!C! MDE-IOZCLI.+L0O$0(Q]NK!L[]FXG60RT>4(X$,*1,.:9)T0#(;H2XH>$>"#$ M_YLA&0C)70;LSFXKMR6*Y)G@/1+N;[?$7*I@E>A_4R)=+NF9+?M##"+/SGD4 M)1D^&Z$;S,9A0HM)EW.0[102C BL#8PNPL]=;,()/9Q+4$P1S_ZLAR]%=I^( MW-B,'A0KLOS(G3*)Y@7B!P*Q%8B':B]N33:N%@Z36DR/,3HVC)?0W,F[^"98 M%<%,?*L;C.L'5_D\:\D)?A)QJAN)]ESIEV#O\I%S!=JW_Z1?0*5;X+B@<%1F MFNJY<%W!+11O+SUN;+3Y/U!+ P04 " !6B%!(#*=]_1\" !U!@ &0 M 'AL+W=O--GL17O-S#"C610+S+A]^P+.6-RPWLB_[SOG=\! -0GYIEK&=/3>\T'M MXE;K\1D =6Q93]63&-E@5LY"]E2;H;P -4I&3\[4N9X/JQ!!)=M[%7]+G MIK *)_C5L4EY_;_E-;H M]Q_1O[EJ#?V!*M8(_KL[Z=; )G%T8F=ZY?I53-_9O83QG%&G*8RY@U9$Z20IC"D*Q9R5!29$D8!VW@H!5. M&<29-=AI2H10$,87%0BB,$J^@9+[*"@)HN1>%ER6" =9?!7)$?GDF/ &#%[! MI$$8[.]+GF9!%E^4FC."81:RP4)6+,$T>^*ER?*ND%%!Z'-9>.NB[,0FIE@ MR9,Y]-:\ &ULC53;;IPP M$/T5RQ\0<_%NTA6+E%!5[4.E* _MLQ>&!<7&U/8NR=_'%Z!+A%!>\(Q]SO$9 MCTTV2/6J&P"#W@3O]!$WQO0'0G39@&#Z3O;0V95:*L&,3=69Z%X!JSQ)<))$ MT9X(UG8XS_S3&\[>!9(7T1@JGW)^!R..(83Q,O[;DQ;H+D&9EY52N@ MTZWLD(+ZB!_C0T$=P@/^M##HFQ@Y[R3: M?U%YT4:*B8*18&]A;#L_#F&%3K1U0C(2DID0TTU".A+23P02G/FZOC/#\DS) M :G0BYZYEL>'U)YPXSHK;U]@9CAGYC #^:#-JVT!''J7 M0MD#;IWK]H38L@7)[(WN0/F36AO)G'=-0VQG@%61) 6A27)+).,*%WF,/9LB MU[T37,&S0;:7DIF/(P@]''"*+X$7WK0N!$B1DYE7<0G*%NO_L0LW&OQEU>N]6(3C"JH62_8+K"-B0LM;!Q165OG987"D:2O8\[ M5W$?QI,=G6CK!#H1Z$Q(;Z/PL5"4^< <*W*C!V3&UG8L3##=4]^($GEM%H>C M>/N */)SL8XXBA$9/.".*SSR7H_TL)/NF2+9,L$U6BUQC_FT$6?1=@FGB\[*HU+UR8X/GZ/R"[^*@R1>\ MR#O6P&]F&JXL.FGGIQ_G5VOMP(M(;K88M?Z/S8Z V@5SYVTS/KO1<;J[?*+Y M)Q>?4$L#!!0 ( %:(4$A.60KNN ( @* 9 >&PO=V]R:W-H965T M#GCI*])C5U@ "(@X94K9]G>NVMRS-V$775TK?.XY>F M(=W?@M;LNO*A?UMXKXXGH1:"/ L&WKYJ:,LKUGH=/:S\5[@L(5 0C?A5T2L? MC3V5_):Q#S7YL5_Y0.5 :[H32H+(UR==T[I62C+RGU[T'E,1Q^.;^C=M5Z:_ M)9RN6?V[VHN3S!;XWIX>R*46[^SZG?8>L!+[<,&:&\7W&O)EWE6K MWU?S)8$]S4U /0$-A"&.FQ#VA/!.B&8)44^(GHV >P*>1 B,=UVY#1$DSSIV M]3JSW6>B_BJXQ')O=IXL%_?5)[TA"I%GGWF(419\*B$+4Q@,TIADX8)LQA X M( *9P) %>IQ%@49T9P[K,2(%SAS^*U(^$+'2#&>*%6I^:%S&V"T0S0A$6B#J MJQW:2;:F%@:3:$P,$P07+MAZ#(M0%$V+8F ;2RW$,(Y=L'(,2T 2H]1M#L^8 MPZ/JA#AR"\0S K%5'>RLCL'$9@L AA! Y*S/!!B&:>PLY&8"1 @#Y\:4LXJ6 MR63&9&*9=.Y&D8PCQ0E B=.B!4,I@.Y?X#FU#>CEU: M89K0L#I<8EZ1.B8GZP5ULFY.&LC]<# M8X+*K,&+;((G>2T;)C4]"#5,Y+@S%Q4S$>Q\NW<-E[_\'U!+ P04 " !6 MB%!(":02 5H" "D!P &0 'AL+W=O]%>DX1$9U4LD+A]^X(8@UEB5VU^(U:[-PTB/[=X)KT:]NSKPOOU:GD MJMM+(D!^%7AGFEC2\:^(^1#3GXD_ET=>"F"=6WK@(_H M7/-WTG_'8PJ!--R3F@V_UO[,.&FN$MMJT*=Z5NWP[-6;T!]E9@$8!6 23/N8 M!?XH\&\"N"B HP ^NT,P"H*['1R5^U"Y G&4I93T%E6GW2'YI_)6@3B;O27* MQ6SY:C@0263I)?-#-W4NTFC&;!0#!B9*3$BA(]Y$."* *0KP.(H-T.3 M$&N M$[$QS.*_)ML')K,P_85B^8,>CL5ZD"=<,( S@[L@6U4+Q42JVFX40A.5ZQ1, M(A";J$*G/-]S[RNGL*V.)0D,0G-FP4)FP2PSWVP0+AB$3Y1&,:%B@.<:L\EU M"D#73!4Z%4)@IK8Z!6/=:Y98M)!8-$L,F@WB!8/XB/\=CX6904$2 M&>NB0S!.0F-9="CPOWQ*CG8'-9B>AMN?67MR;KG\PK35J<&\ GF'W:UOO%7N M&=8+T9!4_[C99VF'3O@GHJ>J9=:.<'%S#G??D1".1=3NB_B3EJ)E3I,:'[D< M1F),51=1$TZZ:T^<&G/V#U!+ P04 " !6B%!(F2'($;(" @"P &0 M 'AL+W=O<>PT'W^K*^)LX42JCCZ[M MQ3H^27E^3!*Q.]&.B =VIKUZD+C\2EZPC_MZ$MNZYC&-\67IOC2>J%I*Z2,6[?=+07#>LC3@_K M^ D^;E"F(0;QNZ%7,1E'.ODM8V]Z\G._CH'.@;9T)S4%4;=W^DS;5C,IY;\# MZ:>F#IR.;^S?3;DJ_2T1])FU?YJ]/*EL01SMZ8%<6OG*KC_H4$.N"7>L%>8: M[2Y"LNX6$D<=^;#WIC?WJWU2X"','X"& #0&I*5)W J9-+\12>J*LVO$[=Z> MB7Z%\!&IC=A%*C<1ZT>F>HVHJ_==$#F9C,8E-F@2 MGA:%GR -Y)@:@G0@*/T$68 @,P390(#=(GN;I<64!H-A46+DU\D#.KFCL_(3 M% &"8EII"?P$98"@G&900F^E%E/82G.0IC,[B@,ZV-%!WL]FBLDSO\8JH+%R M-%*OQFJ!AO;F_/F\+[_ 73_ X A M4\+4D2K]4NE2J9!]8>;8 L]0A)P)'6N6*W^V%K2R/[H'-/<&0@Z&Q50( [^0 M!4%P3RED=>AX'?N]/H#NEA3R.L33[9_[+\*0E:'C9>SW\A?03*HHY&8$%NA\ M >4S.B$[(\?.N/#KP$4Z(3\CM.3H0R&?(L>GV._3 61/OQ04^63K7*F03Y%S MSF+_.8ON'K3)I(/I*#^:1DU$.W;II6U5QM6Q&7Q"I@/ZA-?5F1SI+\*/32^B M+9.JCS*=T($Q254BX$&Y_:3:U7'2TH/4PU*-N6W@[$2R\ZT?'9OB^C]02P,$ M% @ 5HA02':LI/4@ @ 708 !D !X;"]W;W)K&ULC57+CILP%/T5BWUC,! F$4&:)*K:1:71+-JU TY 8V-J.V'Z]_6# M$!AY:#?QZYQSS[W&-WG/Q9NL"5'@G=%6[H):J6X+H2QKPK!<\8ZT^N3,!<-* M+\4%RDX07%D2HQ"%X1HRW+1!D=N]%U'D_*IHTY(7 >25,2S^[ GE_2Z(@OO& M:W.IE=F 10Y'7M4PTLJ&MT"0\RYXCK;'S" LX&=#>CF9 ^/]Q/F;67RO=D%H M+!!*2F44L!YNY$ H-4(Z\.]!\Q'2$*?SN_I7FZUV?\*2'#C]U52JUF;# %3D MC*]4O?+^&QE22(U@R:FTOZ"\2L79G1( AM_=V+1V[-U)E@PT/P$-!#02QCA^ M0CP0XO\E) ,A>1"L)>A2L84X8H6+7/ >"'=Y'3;?2+1-=*E+H+.7@3FR]36( M(K\5\=,FASHPF<5\B5 :>F&'&,D7>X0OY@<6E:24X<:5[A'WE9\X5T=;"E;Z+6O?Z<4')69EIIN?"M3^W M4+R[-_/Q'Z7X"U!+ P04 " !6B%!($:(,UG1? !^4 $ % 'AL+W-H M87)E9%-T&UL[;WK;B-7EB[XN_=3! P9E0F$:-X93%?70*E4VJK* ME-22T@G/P?D1(H-2E$D&.R(H68WS%*<*W>^33S;KMF]Q(2FG9QIS8*#*29$1 M^[KVVNOZK3\711G\NEJNBW_]YJ$L-V^^^ZZ8/22KN.ADFV0-ORRR?!67\&=^ M_UVQR9-X7CPD2;E:?M?O=L??K>)T_4VP7:?_ODU.L^VZ_-=O!M/A-W_YQ?Q*JGU>'UR\;7U54M;I]!['B^A MUWGR:_"WY+EUB+?/FUI7O>[QO[6^<)7D:8;3F@?OXK+VKEXU]2__TK1N)]#& MG-IYOXSOJ[\NXF51:_%TF^?T0EK,8$H_)W'>VOOQ<7=\/.A6OSXO]#;$P>=D MN3S^99T]K8.;)"ZR=3(/SHMBF^3_5_6UBVQ70S]E2Z#$.'^&D2T;WC;/_JF MO=UD>9FN[X.;,BZW12"3JKWT6T_;U;Q$G^W'9UFJTV\ MKCVH"21;K>!DW)39[)YOV ML/'=TVQ=9,MT#M.)3 \X 5%\.K3.M[.4_CE-1SI3S?O@E='KZL- M_'6[!OKK-I]:34IQ44"#;VH_Q\4#\9 9?DC^?9L^QDMXOC;*D]D,N5 1Y,DL M@8?NEC5*O"P?8#OL[T48K).R1B/K1V@_R].6WZ_R9!.G\R#Y%?AD 5N$H\NH MZ9DWE[87T_4L6R5!&?]:)ZQWR2*!-N;XJS03ZF9K,YX_TE9LXF?? A.;F[.;F_:*&N9QG?I,BW3^G(;HH$U;**8VA(O M\FP%ZUB4L(/U98;F\BU,>$>/YV;SV_J\>0!N<5PF^2JXR_(\>X*COV=#=_3' M#^YX +E.6O+LZ)S!]0L])NL9/!R\NLC*)(BJ1QHEAS?%)IXE__H-B 9%DC\F MW_PEJ)%43,,3MA<4R-D>LN40 M+0*X)Y/5';2N)0QZ#KA7TLZ]F&>_;*BC^E!A],/N((S&4_GJJT<: J,K-LFL M3!^39>W*.9D#TP:Y!V@#>=)QN@8&NTF!5JI/7B:P RNK^V2[B1AOD!E>?( /!E>")99T7(6 M#B#*NM !3 O.19XME[@)Z1J.9U(TL"/JX<9K\JRQ269<'\Y/WIY_.+\]/[L) M3B[>!3>WEZ=_^_'RP[NSZQMX\]\^G=_^_*+KF"?WD)0IW.EX)1\%W[5(VBCU M)"0!P'Z\3]?03HK+DQ5$&<'_.+E#T7=6_L\]1]0A^U= 1^]@D>*\L+1?DP>. M CP<^UH],0=FWY,D*NY]:H[E]T-YCS2/V'MDQ7/_$M6RO1R9F MK^GPG7HG16ZD@R2YP<':V;#EXK-4UTY?%TD9%"#E-QB3'*Y%M]KEK](UZ8'(B^H, ML@#6.&,I=9X L\I(*3,T[MMB>(:2MG^%5)]\6UU,.=)-'!-AYLU4\9M'J^+)5N>XOG?07Y?->F034W5%FC=0F6_ MJ;'#&GHA)_>%@(93TM0KDL0,7H-=J+Z!QZ-;.Q^[AH6Z^OME]G2@@>#TY.;' MX/V'R\\WP?OKRX_!Y=79]PWZOX;:YJVO1^!!='O@KW#(X MS6U:/#3=24 Q*$L SGU^<7)SN M6;_K9".3PG'.'"ET[Y@6K#?L'-/98@%:'#:-TD!ZOQ:[Q>PY*"U?;KE^F3PU M31YB"&RU&(8@C]RG:[P B5#(7/J"MQ-4Q7>^1^:]5VQ@1(8WW^;8&;!B>8OH MK55$:Y>&ZHO:ZP1O3V[.;X++]\'5]=G-V<4M<,S+BYI\E]_':V%486!Y-MV$ M,*$KM-X %6M&9A5!AZ6WB^H'C>'V(5'Q;,82!2[(5M\)>/_92V1A^BZ\Z^0] M4,DO<%D%G],\ ;6@@'GDFT[PZLL_<&E%5/GRS]?! \@1L,O &C=XTH#?*G@- M^\[GI"<_I>4#_;TE*Q<\!C26;J!1+?(OG_'W9%,R@6,'G]:IN>,*[/6'DY,K M[([%6=B\=.4,/K5N)47J XG M,S<9G4\V$>.I)8[R#2@A MO$FK> W7-)MG\:?&A8.)+;? >A6([ D>(+CT\6Z *;HR4"@/XFJL<=Q+O$KA M@-*A=I_#O0)>CI?8&DB\*%!Z+C,]MV 1ISFLGC^@C9@30L6S++9+GJ!5;<3L MV" ML89AC^."1 IXV=EVV@3WA)FE[@1 >$6B&E<'VUQGN)^X/#"+XB';+N&> MPD'&M$TPW[]OUS,Z&6:?]C162FMZ4 MRKJAG=*XDJ#/[-BZS29K4-"W_[\)0 MP-^@D25:N= Y!F1)9K-^Q W0')V;5198T:UF5DR/1M-J;:D"H1$D59B(V=\4 M]C,%^7M&FJ]>>;V+,$]8+M1C9W1\H1?<$%(2E=]7H-=C"]2'J]&I,HD^,+1/ M-^<7Z$6]_.GL^J?SL\\U;K/O@<_ :%"GT7)'+IM.<+G- WB/GH1O[(R4$%6 I#)'XH*Q;\G=I2[E/%G"7-!!ANX"%&F6^,!Q1D=AG? %_ZPG0OPAN,LS M."UDI\VW*QBE/ M0(\)? \K <,DY086,_\E*9U-5+CMT.XV?TS2)1E'0] <[U' "[!?8)PA;#%P MEP+9''04!EFZE#4ID)R762[WY2]I5OP"Z[98)DGIL=T">BZ#^SR=AS":AW0& MZS5/X_LUR(SIK !V!S/"2V FY(,G Y2&I!, D=(]%<.7?\]P!$'V!'=/\9!N M#+_$*9M[[S:9/:RS97:/,0LSN/C>WYZ_#J&!O,7V!+QXAOZ>9Y Z9[%<.S<) M<+@PN &B?E!_@Z'$G0 :PCMPQ4==3DTA6U1K%?T\Z2RAD[]EMI(!%9KMT]M, MQ*F\3;>W*V^9N#;0A@?K!C=.N:3+Q+3%/"W+"[;!(1?23SW N;Q_",@@!Q+= M#$VVY5H?U#E:ZE#'AG<["D_)_3*[(V\9N^W0%(%LJP2&7#BS)X&\?M^3E@[B M NHYM(RX?L$)- 04R/?O*31P=Y?$0#%G6]0_^.N/Z7R^3-197' 8S,D"7PE> M?7/V\>SD&[[73HHTKO'"02>X^?3QX\GUSRA:W9S_<''^_OSTY.(6I/C3RT\7 MI!!=77XX/P5QOL6GBEU&X!E!FV'O,6W"H*_95Y9B684=\>Y!M_H3HH[:R M?$3:>@N>8$..IH-)V)V,P^ )&.P#*L\LL,"D@Z/!- H'D\@JB71^CT:#*!Q/ M(]E0W#IEM^Z6A"!Y'KL0(X=>I48#,?QU%/5'8=2/C"15I+\"-R=7"(MU#?.# M]VCZ/^3,!&,%"<'K(GY[[E15G3_9&@ M+.1L8G M.A ;8?1!BI=$,.;B0NW1NPOAON?;K\0V'Y/U-A'KSP)7X3[)[O-X Y2"1SDN MFCKQ;J3*G4-3JEQ*>,'8ZT4AV2^ O"B6)$")/X=KKTB.GV _\,*<@:*U!3Z2 M%D9Q1GTC)JM]H0?$ K0H0A7VAU_M98%\ .U(>'%%,85N0*J+K5')WT[D;96E M>@,3RY/$\TD&-W RW2^4/ID*3Z;[AS)^QC?,Z]%M:3\I7PPX"N!,#\;=+YP.\8_^&/[HAI/Q4'W(UO?'J$G,W>"PX)4VS"K/,"O" M7<6,^OJ-MU.\*1XOK^].V!M,PVC2A<\3F'9O..3)#D0=<+%E(C4 MFD.PI,,18F7+.^A2Q5YPB?2JM=I-VH:C.263BXZU="RJN;D4V<30@ ?R M*6R7ED7C.:I30":DIN-4J#%L-C2K M)3HI7!8+%%58SL?/@*"3,\YGE"&C%L M+EX:9#-%&>Q=MKTK%]ME8"(XWZ+DH+8;/*A;%$4>T^2)#(U;C U;+A.VY#W M19:AU&L-.72J)932BMU%D:'S#]:93_"2[09G$#UR_O,_C.S1 M9($&B3$8=T8W8S$BD7Z:T)6P'F"E ET143O;$R*QP&#_^&79^)>N:@[8IAZ%O<>&Q4> M<&EFM&W4KK%-&!\ 3'U-YNH.44F.YJ'E,VU+;5%$()/662H(B)C0*J.CY'A& MVJB7.30 Z 52'1)MS?B[\&%Q M9S!)W0"/ID%.H]%QO\NF=W/*M5_-6-O-L!RE55;;GCVROTK,A[4UA#MLOE_^ M\?[V'!9,SC/.-UY3'_FX2V;Q%F_]DF\>ONW0E)YM"]IB8!^. M='Z/#(Y_0= P^_0K\@LT7X6K8*+M!0#-8=&/H#P0P1T[+'( MHD&@D/DJ9[YXB?-;P )MO?9W$>F_-]'P! MSQYPN18E'@PX$@_I_<-QGA:_>/M"R0G.58LR-WIR8 B7M#M5RH@?XW1)1('= M"C/':P0M<0H(A;BLYOAT1\_(2&>F9P(IVO@7RV%H,K:Y#?1#&*0HH\#A(E,J M[P=[A]W54SM:QADPH]6&$7GX^.[Y6+_'MA*T.?%(@;[PKB-K(MP>&.D(>O$Z M\7FV&!1)QU1:Q11A])ZBF8V((O*]2>.B^98I*).L#FSQ6JJ\Q-/T>J0HF*)% M7MFY44%UHSIMUMVF=(Z#;B'W; (5P(B.QMU!.)I,J,FCKI\6$FI&5"1&(:O> MK37K@ERXOB8O@G] 2#$^0OK3-*4>Q$2H;3A<\LM&K.S(24*+/,,C:)T=[)3PU; M<,Z/&&XDQJ1I17W7QXX #V1[CA_3$2<"%B=.&^635N>G/TP[UTH_==IC>IM, MT0XVYR?HW#:'>SW+:@] M'0#_9^$7]?W/:+S:K2_LTPO$5FX%7I&'&G0$(*/R*4F\(!8C(TA[Y#DSB169 M(T/1CI'RDSC>8,Z <,;3Q'W8";Y=EG3BM)Y-FK="S9L][57]!:B#S5E$!ZRC MQY2\2<^ZS\G)^=%19$+/0XF**+Z/S^8IZL1T#2FMZ-1Z-AI3)[C1"A^.XT?X MSY+3Q-N)WFBH[IL/^LUVRK]I?%[X"Q."RS?Q0!>59)B&7!@KW63KNG%T/P,( MY?N/FPD6I0]GUL2' MP5L*C@E0F3&][5P;':O%DH\$VAD!# [#,H76YV*LX_?T,=1Z:I["O4XQ,=KH MQ_*$LWHPY:75A:J&23R@)J2;0CA2YV]Q HF],RWP0F"U5 UYM'IAEF/2BT*;(;2J MPU!8I8.1K_!OO#MA&4LM]UFC*(;PW:%AU5KE.6C?]6F)*(?V+BUWL7:I!Z&D M'V#20@C;-9RB>3HKQ6I,L9%K()XM6K_+Q#52HA4VIE!MX.S(Q9&+WB7/F3!F M<3M7(A-HK='F\@14E*@YPG(@W[5KSBN&!VB3H5<0N5QV!\2=%#,R"K+-GM1N M\Q9QZT-EQ2?VPY*A+D=^%*^=_B7C7#M+6"HB/WVOWP5&,I'(7$N\I OI1L4) MG3*/Y(&CIR(/"B#:XQ7H (9\9A==7BQ\KM:/$(()4#VW4LQEHOH6.8 MKO!V%@[ L4@4&5TD: U&TY_GE/%5X$[P,49*1.,\QQRR?4D>?(CS>PZOLP8A MYRIP\UKX]E]M*#O,JBZ^OK)*0'>'LX'!@?BKINBY#%?Q<.-"7+O%&_61(QMA MK\8D:Q3J&"Z,(XI4FSD"DQPAK BY$&!CY[YJ6XAT#\KK:3' MC=H&77&&-%(;3>G&%6,@7CR#Q;'A?Y=P7BG6M]N=AH;)^@8JSXBLC"T_8EO^ M6QT 8MXA_%#%)/YY9]V8DY(#>TLGUEM"])R'EOQS?Y;OY..,+)3]KVYR&DU M"<_(<3GON OID+=[=CB:Q.G&=R@J9Z$Z_B;I!-6F'G:LG/6"B!VR;GATAJUX M_[V%W-O D;EQ YO8CQ;/ MUAOU;D^C;X(SB3A7'_ 14:J(^"X90#-]Q/7_YSWWNH]4W"<31P/NU_JQ_UP@G&J,B_^]\8C'MA M?S@U_QXPLLD09C$U_^YYH]OIR:*79FW.WO>_T>#3P"I6(2]8+^$&;=FZIF8S.&6L-S:&&0_ MJIO*'0<=CO7X00?ICF'<43<$I2888%#/4%W%);'PGEZ324>_.XK@"5R:"?P( M6M8XZJK3=A.1LU)],\GI$ 9&\4*P6C#=03 8 MF.)$RHU4E]%$S"R7 :=BDP M"E=\&D;](8?;#*9A;SKXG=B()SW^P4+^.UE(UQPQPTE&4S*A >V.NKT]+X\J MW&0")-[M \5/QN%TL(^=1#X[83XB7&4/8QAY[&2(;T,;^]A)Y+&3T6 8C,)H MTCN=!(.>[ ;P!GZT3# 647IP@L9'08"^EVAF9JDTBSD$$$U#"!39D.PFDD+$0U'&-B M&=-Q%'9'$7P>A5.X4283BK$,NP0JU?..G]+:3K.,\R(S$L>?]_O3<-+M:;,4 MT']4]3_P%E,OZK# \$H?0[@NNT/Q;HQ'L$R];M7.9$,J1?0$IJ0:I=112E.OA&\&CG:CM' 92U27<=:CZ$GJ$_J= M2M*R9FD.?!(!/&:4.3-G3S*[)HN&A\X;(KV$KDS6D;49\4-[39VAG2<65XD >J1K#L8S4=]I(Z0/ M+2SG>STFU@1(:?7LRA.Q_'L2_6ESDGLX+#9;#$V8:6ES"6A$W_MQ:G8*%&IC MDJ9,='QV]WQ058<)GFRFK3FHI+I8PX(L@)/#JM-,%24HH,7?QCMMB\0;*FE<;.A\0,,1 MBA ^L;4Z+LGTI--@8^*A%.'V? !5B)6)9E:$7AO)QR,Q*O:=P( @QC+5K5WU?4_ >OHQ-WQ/2 M,0>-\4#$K&\W9KVEY<(UX2Y-B(;) R884C)^V1EYN";L4C1;3Y9?W^+$KG0\ MMWS0] U (:.^+UU_##6SEJS40A06B;1T&SGBH.WRQC&=S-[0,.E_$JV#DX& MGB?+CKIU\[*(SV*^CMX#H@'VGK I/*O$>&F[/[(LGKL)"#1)V04&WW$D)<,/ M>L&V=Y\N4*4R;?) *>9%Y?EM*8(ES@G$&4B![^IKC3$W0FLR7!Z/? M3TM.</>FU,2)XLEDSSVA+MHER\U!GNW$[$U-#7 MNL26,(8WW:3X\I^"G(@5*=&'#.AH^*=;A MQF0:RQ\)ECDZT_K,Q[B[<'(4J M3ELE@G9>1_:MYP#DJ-@9]XY'M!R(3YX"UV_ *:R3C_09\[-F(>W\CAI9*3PLXAP+)G FBR2N?'RTOJ[Z^XD6VBOIO;NL^G2XD29Z2DA M'9<4V86'^\$Q* ;M3]+>"W'@X5(6O.,29><>#]_+EM@-,5QG1H E[N7,D4)> MYJ()=8K=K!CR2\+T.^C$E3P1?XA/B):Q:Z?X3G2'3QNF,/X4)"7"T_6#",R, M45! ]PW:A W!^ U1_K,.+J,^1]UO>0SI0\9GF=VKFCIHU11(!G1!P@U5@LRX M,NE\-%(B448O+3&HX9'X ,)U(##_,IG?LR2TY&BPQYAHS:RFNUI-^ZK<1<,U M>LG"!?["K3/O"5^:2%MY2<&)D'K)9TL@1K23%S;KF"1R8!Y+9F&5V LZ@-NU M]O14Z+8@F4OB:1EWQ"R#:*:[I4X)FC<1\M"5,R_W+)"'UCI,UMZ*&[!-\H<. MAZ W#R74:#@%E7M:":SP ]K:TYGK:B]W;!"ZW$%("A.E3H_#\42BJ::]<#(< M_@X#Z*"M#?3B@@0 10AZP4DEN]HMJ" 0E@&!' MV6*/Z5P;#\P+DL;Q),"5QQJXTLK%/H2E.)Y1C;!@EF8!6(X-372T+[OY#G:O MW4Z@(3U_RU24.Y6"8%OVS8K -U%8:1F0A]7I3\^-\J#KF5V& F)\S+*Y%D-R M$52.)7T,WN&?.L&5[IE2^60X&E4\3P(_#-+%4M:"O[L%6YM]PK#/RWB-^19K M!,$4#1WSI]@W'\PPZ**LA: )QR )$N[8^XP$/W[6WDL%(PH ]W!BUSXG)I6= MVFQ("L1$>(QONX>MS$4I(L!"SIK2(AR-06+]&(2IDF7F[!D/C5V)E+:"]D@' MT M]ADK'5[##D/VVG$0C+,= /2T\]Z$#O84 $&4LVZ7PUI!4/!/-S%! .>M" MJ,ES%I";2@_7L(FTEC0DU[0Q3V:D+:9KG4?(:;3D"Y?N3(@ANWS]JP%HC$,R M]. H=8VVT&PP9Y&RFL[[9(T];,M)1+(4QG2BW#%:* YW]IRDX,P]1D A6"2' MC5A*>?\"T E:1!U07SYE1IIP2-;3)B<$3H$DU)MVAM_:C$E'>5GK1'EZ;CKL MC/F-+GZ0%QK(5TE,==CF(3)8*D6\,MP"=HEC[;C'%TQE//B6+Z9>'X>E]LQC MW)-Y]W9-P@2&-\]A2$YV7?ZE-B[B]"3JD(Q3A_?0=V1KREZ#LT) M($[#&SJE1^=?UD.6A9W<22\HS0J(5O41[!18+T<')DO*W,=L'QCALF(?,$'! M>CT5A2[JN%XV2&IK+2+ZP=0%"$"$X3^9A)&7<1MW#]6N_:KL0&*8L1.[UX_" M*)J$O6A$BS*-.M-O+8WJ?B0=XB&>FQ@93;[*%3M[TW X!GEW,F[G/@=/=5@A MU^:I*I[J4]9(:P(?5@U81! 1=&U&-.FH][(I.Y*V.AJ&O7$?PP_:>14(-.CB M)OV%J(XBF$WN.27Y%2A BI=LRT:0:UDZ[DD#C$=2C+T@0?2IB8_#'CT\35-Y0+E)9GZPPU.SZUYVOU,7Z6C:=Y MF>$X+]G,UK<9_$,9FBLTTE=]^?^>^[N77$%4#]S4G[54;H<0R P.!0 MM-GF@C9!RD,6("H3DB)Y:V+#1(V:ZK 1SNXF1K5ACX)]7D(/Y26EQ\WA:R5C MH2V0%<+)6I%$7[>N>^GW*?LQ^%B1RB6FV:+!)(XH@XXUF:\-MO493-,UN=4X MNNY7,6TMC('#AKWKX8#8=_.)N,HQW,G"V]F>K65#QRZ.:8),!9B)3/8S584S M*1RT:D['-,<9.2]T-0FM#:+!M-&2*-.'EL 60^9Y%G*#M! MG6SO8=/=DPDGSAPWW2\NT#L/L^:3MMJP889",:'Z9$,AI36F37UPBI* MC 9B1Y>8T8G.H5P',XU.%$X>G=!#9I1! Q23927F0;O+2=Y+L61YAE(2RJLA MRLB4E5AZ31Z$0?<-W6FN<(.^-3;COG FSQT:T MV71AM3_.S C0=D"8M-6!=I1#63@5>Z9)$08*IQDX-SREKVC3N"@V$N+??)C' MWB&;9TGA LX?&-VU]^_"6Z "RS3Q;-F"E6$^7<(:70NV\1X$>Q#%)9H$*X( M^\CL)WO=-$43@H,;YX//6J?6705Q'%40S5';PU;W'1$08/7ACT$ MPI;\[E!&0=!P8WBWG0O (N#"H(C4FESTI?FN5;&C36ZYQ( MOFDIO4O !9K&YI2'JVG].$V89>X]-R+[D! )'AJCKB +0HN?R9^O8BD%9+=! M*P?9HY0+'\37E[^"UMEGT_!AMN2*-FD)A'BEPT!L@QJ#FM?$TK]90&.-U9X! M6):_;J'EW@$GT\1W5'MP<,?J^A:R.O>D-F+4T\&D@>PYE[U>:#+WGK_\5_4 M?G1\\W12;4*6;<'2BDFS4H*8XNZLB2.QN4)^GA^9(QKRZT*^".Z>#9:M?E], M=Y+H@5!G<->0?5_5DO3(;+8@2[+@=GWYAXU-D8153ET"?D%B1!E4!"24SZ\D]O16L7A4MC3BD2 MC]HH$)"P741^V[C26R76-!I]N?J<0E%K6\^GAV<=M6?UBB%BM9=SNJ4;ZH M]4K6WK[(\C=J'PZES72C!#2-NWX4##"([3".#3J!=&HX'Z M(%BT)E)][J;]O>J%_<$XG'2CX#7^T1M,PL&X%[R6D'X$-1U3.5H8/LC:PVG? MSQL4CV93?GI#^24)=9U0R#EY D>3L#\>!KXG\+?E>"MV+4[#@0ZCQ4#J0>\E M:,UM*=Y5,AIU$!K]^M/9.[=V:T-U*:HO3JU246A$'&TGX?U--A=CH-<;P-HB[&UOV VC?K?A><%*"HQ@A1CL++7= MXW6]9IQ +3-/P^%P&$3A<# TC3W&(J"@#6\X#O L3";J2EJFT!)X<=1#Z%P8 MQD!)F?!Z"6X@Y5$X@38&F#MC"'P()#@=(ZQM'R'#>]-:^6JX^6]^O+R^/;X] MN_X8O+V\OK[\?'[Q0VV[2:QS],T=:/N'-&<+@"M; /QWV-3&KFD^/%0+1A<+U%7,7GG2)XXMZDR[WY(W&M6?U6MKI1 IDHR) M+(M#Y\! $9 %!:V&QD:=;G_DM!;$.EL:ZVLA#49A?SIR/F&T4=%40EWB(?BI MEU6AWBY+[:CS=2Q=-.OV'"4ZE-1K'&,"=_;)]05N= #W%%#4R?59K42:SN"\ M0K@YYIJ9!6&!$K![0Q70EFS8_IBR8>O#0UFGO&+HT*PW5&5=.HJ)859)$18#(^OAZC3NA)](3PCGZF/KY763_JH\_'/W5]4$:XZ"]4%U;3$!IS@_ UX8^8YP12G/V6I]Q$FD=!M],=\S]# M[Z^)Z?MEK]7NLJ@3G%Y^_'A^B$Q%YL_O:0"+V<73=5=,'8J+:V$?ZI!OZF> MS$&7W8OZ^Y!09"\P*0)DF+N@UZ@H]WYF&EHX,,U!OD&Q98E)GQR M *CV?I+/S,*3I=K*56S3TD1;(!@G9C(QS!:P+BIM(N$!^GI;)\F*P+MX+6P(:C\>^@=!'T MU L \@X;_9HPB;M5*NRSH*OVJCF'@ZP5O? M^@/R)AQ+Q6<?[S[!CV=>/#R&O\*TZUOMO);3>3>! L MM\DJ@F&N>J5<&$J;G' TG>CE4U^/93@,H^E8;&CA('K) MSJBVG?D Y^&>M5FIH,KW8;KBS&+\%\M:+!E-PQPR2D=F@/5D3L(IY8HOXW1E MY>W]9G@038\_9HBO &)F)U0?2L*1%M_'A ;?)>$G(?O G.N)Q%Z ?^!4,3\Q M, L<.Z-;?\4> _,SW152-H!#Y6#V^*,D<9D&!^$ [M$!W&Y:!> 016\ '+:C M^$M.1J PD*W#N:-<5 7O-E#O!E@TT/=&@8A*MN=S9-S,BGMG*HQ*4S]Q4,E MS*4AU@RT$+*!U0KJ(<">+F?S9!B0=58\^_/2^\^N&TX4H@(N?DT5)\\H8U!^ MO,+0@[(5AF@BYS:8BP^, %TP9A4D0<$4>G;7UPTP,DL3BI-6H[CTPM$8LT_Z M[D(+QW:66W'1"DHMTW>)K+J)8#["XE$8IX?!B83:+<#)U5/69=*-UULD=I%\ M>X;T3*#..]A;#!7S]Y8X_YQ\TV.N\ZKO]._6+:R1G?((C<2 2@!54J-_.MIZ:V #.+X0(W',P4V= M.'&FU->6\4DCL(LT=FW_['E"2,A9\:9FH(5B$9-H9<="V[ME"3@XH!3W)%$$ MB'-V0J7'$=AQH&XBB9-"605# M+85OX_NDN'((GA5Y#S'9KAZQ97;!_?8V,"/5I[BG2OU)&C0.@]];FI*:E&7?.54=7&IGT 8*M8/%OLNY[,:"_+'NEHLXRA#7*./K'E2L\6DQG DYLCTG MP-+@KJ*-L$.+2Y!T-EJ821CEVY&JG==UJII46:,VZ.S:+5?Q_#'EJ'YT,#]E MA(8!(T,W&)RKAV1]?_S7-/B_'[:,K_C+\46\"G[>PB$EX8%"36G)O 2!I@4W M)A1<'%S8)%>G9Y??8Z@JAPK3)6@26XWS!)\,X$D*)<(#;LJG24%/=\YHD:V!+#"^HP1M%B>HMC"]O7P3P<0PZ?.38>^).5M3<(4 MU=M>!QS"I8V^='%B6%^*]MPMUX8Y!0+=.\"?^%K]/0! M;SW@AN]222:5F!/H\C*?-W(8BB@KV?2]I6 M^ 6]=PV*,IH781\_XC!1ZF#_B'Y,E']WH4RV.0J2C%:PGL>F_BA/P(E9)@4# M4YEG@I-@1OBG KK5Y_/:% VCT 1^ 7,($JR5_M?M_%[$,V7#B^U<79:('^,4 MXXLI>,EL<-.B5JFKSH#0 :6-(I\E,4%YDJF$1W.,&Q]*I 2JB(4_2C'X2PY[ M9X%[0+? @D89!\OX"55<."E8J;7T:!('=;,EW3UW:,T8#IW8%R(T^-$8&!G0 M1',XY0M#N,R6^TF&DPEK=Y$CD'+3I/!BU8'G)*NUY; 6H=7AH71RWB=W.=[] MJC_2V1[V[E\73Z1RZ&!QVE!NS+Z)]4^K;^JENP "8G27ZV25/6)U#>U(]%=- M5W^AHI\O6$(A%+\@ZCLJ1S;3AU^_3T5H,8+6_.[UTU&7VAXU;9T0\"T\B3#K M35*F)E,9L6&2A:A3P$ V)46W:K(ESO46R#3?;LK9,U8#2_0RLCN:;=]-/U@DK6UW3/(@P."ZKJU>"DYAX+,C<'Q), M^] 56VOMOF#=M;>3*WO)1N,YRN="?+$]^>6U.LN6@<$W^7EPK-#N\+82E:$7(W/U2[LLR\.4RN<=,::1' M;<_0YHA0G$]4_>0.A%V4Z"E;C23D$)C '4R(L_\>$)IGD^E(2/P*L<-6U,H" MCS4%4]*A891-6#JX>$9AKS\-N]/H>S5!YV;8[X^^A\MW-!F&DP%'LN$/TW B M#D&1\-AFV0]] <,L\0U"\,U9I4OF1"D\9:GR(M\;0SF=$<6V:OS!'V@'QC!% M$)%NST@DNM"(64UG=&*NZWO2@Y6A8 -7J=3P\ >J[$!9&]8#U+!F-$[+EL?N M*C"Y/"1+A"G X-S\GK'%Q)!6'X"Y>9##3^GF\=JR\B[Q8(;&$QY$I189VI61 MOO1WC5WQXDC>DK,XKF2A?,D",Y/("'"1;$NK6!WZ MW))$DAQO-[#>QASG- (<3?'"64\4R7]HLF1M;.8$H-*EQQ)64^=3G6@*<[[ M^A;D_AW9&U2O+ZTGAC=;45O]-<,%L N(?\\Y0.A:Y^UP$\?$;ZZVN(5('6)S)24^1G-:(&ND M8[.S2&NDDNI#96U^'(9J0'L=0"QR B4S4O7=$ 939QM&K;_T,$.=*U%OED?0 MF&PN+"'&6Q/$F*L\^3O<,@PN(=R5JILQPC!9:5[L9N&IVW:K1%Z"[/ M[SPDY0\I<*1%5SPQM'0R!SD\_54D@W.[A&2LT.9?MHAI>;?"D& ^?BM?=234 M68RBGG\B;I-?8SBKM\]+S-#3I@\],2'Z2@FZ':=$WV 6+2!YY,KP1KQ0V"A_ M;>V#OM]CEQC1":)P.AB&@\FHM;Q2J+V3OJ^.4T%@IG;"[19:*=3)@4V3F="D(T*,<(Y+<@]EM'1E^1:@)!(=':9CHZJ^,47@]?NSU MC\FY;3*.,?TSR^_CM6!5@U">Y/>XF97P; 2M7J4(H.4X0/SI4]2$-COB$7>U M/SO]1;HHGPUZSBM8C=?U6]!=&'?]"=XCECI^9FAS8+TB)*C*Y''@8HHN7#"M M0,"T_&XY15+ -G=0)1V;CWD'SPVBQ"TU?3J.SZ-1 NVQ"&23[2!'K]G*3[H MF!N,>:"PD,*AW?VL2:\QCD\6)C3."H_Y*0Z8NMW=K+\.3F1JE9%*AI5V1($ ME:!+'Y%5)+BEEJ,PA>%=7OS B2GG%Z=G%[?G/YT%5Q].+H*3SR?7[^HI+QZZ M@@=7KDN8GW)MT1L'I?Q*9XVT!PV_5.R6U??\\'>BP SNDT /XX5Q=.G3-'\^1P[!02R?)%P M84":J Y2P#J:>DP!_+PF#PQC1'-56]I"DC\,TOXFRY8,F('\-D\+#8N!YH%' M6G+SL/(:#=V8&,:8T1Q=MH:^.NI3K9[7U9@TLB++,!@EH-C99VOQWGK^%F-Y5!A$@\)SE)%% M]:U"LQL85QL:@SKB/*$^-/Q8X\Y:Q.07E'HF@,OM:H7^'VUI!IK>FI@X?[%2 M!Q44%8OLZ8W-%U)2>,M^8TMPZ=\,$!92\\D]7(?W6!+@C!E:$E !KW-X!'2T M=*8T-[UAZ_<5A9R] H7S9^02KX.?$$= 73I"6E/IH6C4#0<#*C74Z0^#86

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how.js IDEA: XBRL DOCUMENT /** * Rivet Software Inc. * * @copyright Copyright (c) 2006-2011 Rivet Software, Inc. All rights reserved. * Version 2.4.0.3 * */ var Show = {}; Show.LastAR = null, Show.hideAR = function(){ Show.LastAR.style.display = 'none'; }; Show.showAR = function ( link, id, win ){ if( Show.LastAR ){ Show.hideAR(); } var ref = link; do { ref = ref.nextSibling; } while (ref && ref.nodeName != 'TABLE'); if (!ref || ref.nodeName != 'TABLE') { var tmp = win ? win.document.getElementById(id) : document.getElementById(id); if( tmp ){ ref = tmp.cloneNode(true); ref.id = ''; link.parentNode.appendChild(ref); } } if( ref ){ ref.style.display = 'block'; Show.LastAR = ref; } }; Show.toggleNext = function( link ){ var ref = link; do{ ref = ref.nextSibling; }while( ref.nodeName != 'DIV' ); if( ref.style && ref.style.display && ref.style.display == 'none' ){ ref.style.display = 'block'; if( link.textContent ){ link.textContent = link.textContent.replace( '+', '-' ); }else{ link.innerText = link.innerText.replace( '+', '-' ); } }else{ ref.style.display = 'none'; if( link.textContent ){ link.textContent = link.textContent.replace( '-', '+' ); }else{ link.innerText = link.innerText.replace( '-', '+' ); } } }; XML 49 report.css IDEA: XBRL DOCUMENT /* Updated 2009-11-04 */ /* v2.2.0.24 */ /* DefRef Styles */ ..report table.authRefData{ background-color: #def; border: 2px solid #2F4497; font-size: 1em; position: absolute; } ..report table.authRefData a { display: block; font-weight: bold; } ..report table.authRefData p { margin-top: 0px; } ..report table.authRefData .hide { background-color: #2F4497; padding: 1px 3px 0px 0px; text-align: right; } ..report table.authRefData .hide a:hover { background-color: #2F4497; } ..report table.authRefData .body { height: 150px; overflow: auto; width: 400px; } ..report table.authRefData table{ font-size: 1em; } /* Report Styles */ ..pl a, .pl a:visited { color: black; text-decoration: none; } /* table */ ..report { background-color: white; border: 2px solid #acf; clear: both; color: black; font: normal 8pt Helvetica, Arial, san-serif; margin-bottom: 2em; } ..report hr { border: 1px solid #acf; } /* Top labels */ ..report th { background-color: #acf; color: black; font-weight: bold; text-align: center; } ..report th.void { background-color: transparent; color: #000000; font: bold 10pt Helvetica, Arial, san-serif; text-align: left; } ..report .pl { text-align: left; vertical-align: top; white-space: normal; width: 200px; white-space: normal; /* word-wrap: break-word; */ } ..report td.pl a.a { cursor: pointer; display: block; width: 200px; overflow: hidden; } ..report td.pl div.a { width: 200px; } ..report td.pl a:hover { background-color: #ffc; } /* Header rows... */ ..report tr.rh { background-color: #acf; color: black; font-weight: bold; } /* Calendars... */ ..report .rc { background-color: #f0f0f0; } /* Even rows... */ ..report .re, .report .reu { background-color: #def; } ..report .reu td { border-bottom: 1px solid black; } /* Odd rows... */ ..report .ro, .report .rou { background-color: white; } ..report .rou td { border-bottom: 1px solid black; } ..report .rou table td, .report .reu table td { border-bottom: 0px solid black; } /* styles for footnote marker */ ..report .fn { white-space: nowrap; } /* styles for numeric types */ ..report .num, .report .nump { text-align: right; white-space: nowrap; } ..report .nump { padding-left: 2em; } ..report .nump { padding: 0px 0.4em 0px 2em; } /* styles for text types */ ..report .text { text-align: left; white-space: normal; } ..report .text .big { margin-bottom: 1em; width: 17em; } ..report .text .more { display: none; } ..report .text .note { font-style: italic; font-weight: bold; } ..report .text .small { width: 10em; } ..report sup { font-style: italic; } ..report .outerFootnotes { font-size: 1em; } XML 51 FilingSummary.xml IDEA: XBRL DOCUMENT 3.3.1.900 html 125 192 1 false 39 0 false 4 false false R1.htm 00000001 - Document - Document and Entity Information Sheet http://franklinwireless.com/role/DocumentAndEntityInformation Document and Entity Information Cover 1 false false R2.htm 00000002 - Statement - Consolidated Balance Sheets (Unaudited) Sheet http://franklinwireless.com/role/BalanceSheets Consolidated Balance Sheets (Unaudited) Statements 2 false false R3.htm 00000003 - Statement - Consolidated Balance Sheets (Parenthetical) Sheet http://franklinwireless.com/role/BalanceSheetsParenthetical Consolidated Balance Sheets (Parenthetical) Statements 3 false false R4.htm 00000004 - Statement - Consolidated Statements of Comprehensive Income (Unaudited) Sheet http://franklinwireless.com/role/StatementsOfComprehensiveIncome Consolidated Statements of Comprehensive Income (Unaudited) Statements 4 false false R5.htm 00000005 - Statement - Consolidated Statements of Comprehensive Income (Parenthetical) Sheet http://franklinwireless.com/role/StatementsOfComprehensiveIncomeParenthetical Consolidated Statements of Comprehensive Income (Parenthetical) Statements 5 false false R6.htm 00000006 - Statement - Consolidated Statements of Cash Flows (Unaudited) Sheet http://franklinwireless.com/role/StatementsOfCashFlows Consolidated Statements of Cash Flows (Unaudited) Statements 6 false false R7.htm 00000007 - Disclosure - 1. BASIS OF PRESENTATION Sheet http://franklinwireless.com/role/BasisOfPresentation 1. BASIS OF PRESENTATION Notes 7 false false R8.htm 00000008 - Disclosure - 2. BUSINESS OVERVIEW Sheet http://franklinwireless.com/role/BusinessOverview 2. BUSINESS OVERVIEW Notes 8 false false R9.htm 00000009 - Disclosure - 3. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Sheet http://franklinwireless.com/role/SummaryOfSignificantAccountingPolicies 3. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Notes 9 false false R10.htm 00000010 - Disclosure - 4. PROPERTY AND EQUIPMENT Sheet http://franklinwireless.com/role/PropertyAndEquipment 4. PROPERTY AND EQUIPMENT Notes 10 false false R11.htm 00000011 - Disclosure - 5. ACCRUED LIABILITIES Sheet http://franklinwireless.com/role/AccruedLiabilities 5. ACCRUED LIABILITIES Notes 11 false false R12.htm 00000012 - Disclosure - 6. SHORT-TERM BORROWINGS Sheet http://franklinwireless.com/role/Short-termBorrowings 6. SHORT-TERM BORROWINGS Notes 12 false false R13.htm 00000013 - Disclosure - 7. EARNINGS PER SHARE Sheet http://franklinwireless.com/role/EarningsPerShare 7. EARNINGS PER SHARE Notes 13 false false R14.htm 00000014 - Disclosure - 8. COMMITMENTS AND CONTINGENCIES Sheet http://franklinwireless.com/role/CommitmentsAndContingencies 8. COMMITMENTS AND CONTINGENCIES Notes 14 false false R15.htm 00000015 - Disclosure - 9. LONG-TERM INCENTIVE PLAN AWARDS Sheet http://franklinwireless.com/role/Long-termIncentivePlanAwards 9. LONG-TERM INCENTIVE PLAN AWARDS Notes 15 false false R16.htm 00000016 - Disclosure - 3. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies) Sheet http://franklinwireless.com/role/SummaryOfSignificantAccountingPoliciesPolicies 3. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies) Policies 16 false false R17.htm 00000017 - Disclosure - 3. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables) Sheet http://franklinwireless.com/role/SummaryOfSignificantAccountingPoliciesTables 3. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables) Tables http://franklinwireless.com/role/SummaryOfSignificantAccountingPolicies 17 false false R18.htm 00000018 - Disclosure - 4. PROPERTY AND EQUIPMENT (Tables) Sheet http://franklinwireless.com/role/PropertyAndEquipmentTables 4. PROPERTY AND EQUIPMENT (Tables) Tables http://franklinwireless.com/role/PropertyAndEquipment 18 false false R19.htm 00000019 - Disclosure - 5. ACCRUED LIABILITIES (Tables) Sheet http://franklinwireless.com/role/AccruedLiabilitiesTables 5. ACCRUED LIABILITIES (Tables) Tables http://franklinwireless.com/role/AccruedLiabilities 19 false false R20.htm 00000020 - Disclosure - 6. SHORT-TERM BORROWINGS (Tables) Sheet http://franklinwireless.com/role/Short-termBorrowingsTables 6. SHORT-TERM BORROWINGS (Tables) Tables http://franklinwireless.com/role/Short-termBorrowings 20 false false R21.htm 00000021 - Disclosure - 7. EARNINGS PER SHARE (Tables) Sheet http://franklinwireless.com/role/EarningsPerShareTables 7. EARNINGS PER SHARE (Tables) Tables http://franklinwireless.com/role/EarningsPerShare 21 false false R22.htm 00000022 - Disclosure - 9. LONG-TERM INCENTIVE PLAN AWARDS (Tables) Sheet http://franklinwireless.com/role/Long-termIncentivePlanAwardsTables 9. LONG-TERM INCENTIVE PLAN AWARDS (Tables) Tables http://franklinwireless.com/role/Long-termIncentivePlanAwards 22 false false R23.htm 00000023 - Disclosure - 3. Summary of Significant Accounting Policies (Details - Segments) Sheet http://franklinwireless.com/role/SummaryOfSignificantAccountingPoliciesDetails-Segments 3. Summary of Significant Accounting Policies (Details - Segments) Details 23 false false R24.htm 00000024 - Disclosure - 3. Summary of Significant Accounting Policies (Details - Useful lives) Sheet http://franklinwireless.com/role/SummaryOfSignificantAccountingPoliciesDetails-UsefulLives 3. Summary of Significant Accounting Policies (Details - Useful lives) Details 24 false false R25.htm 00000025 - Disclosure - 3. Summary of Significant Accounting Policies (Details - Intangibles) Sheet http://franklinwireless.com/role/SummaryOfSignificantAccountingPoliciesDetails-Intangibles 3. Summary of Significant Accounting Policies (Details - Intangibles) Details 25 false false R26.htm 00000026 - Disclosure - 3. Summary of Significant Accounting Policies (Details Narrative) Sheet http://franklinwireless.com/role/SummaryOfSignificantAccountingPoliciesDetailsNarrative 3. Summary of Significant Accounting Policies (Details Narrative) Details 26 false false R27.htm 00000027 - Disclosure - 4. Property and Equipment (Details) Sheet http://franklinwireless.com/role/PropertyAndEquipmentDetails 4. Property and Equipment (Details) Details 27 false false R28.htm 00000028 - Disclosure - 4. Property and Equipment (Details Narrative) Sheet http://franklinwireless.com/role/PropertyAndEquipmentDetailsNarrative 4. Property and Equipment (Details Narrative) Details 28 false false R29.htm 00000029 - Disclosure - 5. Accrued Liabilities (Details) Sheet http://franklinwireless.com/role/AccruedLiabilitiesDetails 5. Accrued Liabilities (Details) Details 29 false false R30.htm 00000030 - Disclosure - 6. Short-Term Borrowings (Details) Sheet http://franklinwireless.com/role/Short-termBorrowingsDetails 6. Short-Term Borrowings (Details) Details 30 false false R31.htm 00000031 - Disclosure - 6. Short-Term Borrowings (Details Narrative) Sheet http://franklinwireless.com/role/Short-termBorrowingsDetailsNarrative 6. Short-Term Borrowings (Details Narrative) Details 31 false false R32.htm 00000032 - Disclosure - 7. Earnings Per Share (Details) Sheet http://franklinwireless.com/role/EarningsPerShareDetails 7. Earnings Per Share (Details) Details 32 false false R33.htm 00000033 - Disclosure - 8. Commitments and Contingencies (Details Narrative) Sheet http://franklinwireless.com/role/CommitmentsAndContingenciesDetailsNarrative 8. Commitments and Contingencies (Details Narrative) Details 33 false false R34.htm 00000034 - Disclosure - 9. Long-Term Incentive Plan Awards (Details - Option Activity) Sheet http://franklinwireless.com/role/Long-termIncentivePlanAwardsDetails-OptionActivity 9. Long-Term Incentive Plan Awards (Details - Option Activity) Details 34 false false R35.htm 00000035 - Disclosure - 9. Long-Term Incentive Plan Awards (Details Narrative) Sheet http://franklinwireless.com/role/Long-termIncentivePlanAwardsDetailsNarrative 9. Long-Term Incentive Plan Awards (Details Narrative) Details 35 false false All Reports Book All Reports fkwl-20151231.xml fkwl-20151231.xsd fkwl-20151231_cal.xml fkwl-20151231_def.xml fkwl-20151231_lab.xml fkwl-20151231_pre.xml true true ZIP 53 0001019687-16-005209-xbrl.zip IDEA: XBRL DOCUMENT begin 644 0001019687-16-005209-xbrl.zip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�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

#8)I#'UZHDK,OJ^3L02,AM@\G/:PRW?=Z'CCRR8 LI=/\ MZS3Q<9;1\NU)?;+^S$CZP43+4'RK!JXI(DJ:I*%0X+ MK?!RE%QK$TZR5^_^4(^6W-%R%/R#3($H-#(W,MC*54M%@7#(S4^+N%,0QKE MWA.ZJ^1A4*F[@CF)J[ONZ]2LN+X'+QT[6%APG"G7UK5.\EQ3=3#4M,>L6JHN M-_\8:9>E$@S.3"\,P"IS'1*KZSZ M+#-&,)5/#ZW3ZQVA!9P#N(W3E.=X209K(0M)Y.<(5R\> MM ZXRXI!-NOHS;S3J5_/A=*:*?9DVTW+^%"VC!@O*&!5Z.W9+^Y2+,XRY#6. M_@:-CPS48TI]L+VZ3.\"N^U+\R3W(E5U&F'M5M(MM3I0931))RK\YM_A#5R$ MZ+K%VQ2"M23#GJ,?/RRC9(7Q#68MM)$N[HSNW4K["%-EESV G4--GIEI@AG7 M6,$57,6@TVN4>9%'\V0?H0S3.VZD>/>4XKKZXJSZ()G-TZ-DYYB.YDFKN$W( M;SJ>6N@Y2V1MX\8Z=[6)TN"\LD6JI]2RU"8=?J6>H>0[74U,T"(A;(O9I@=] MDPO.^^Z5%U\]O]RI5L8_F;#C$:\"<&?\*I ZRD09&G:C5LU=*( M0$*% 4BD "X@DD :&IGD$+D)?Q6K"&8%(- M,.PR@MEE&%.B$V$6N**-VD#3+JN*D3L+;/:K!RJ<^MK6B\MCD$F:W^+TX=2+ MOUTF7IR1.?U5DNNV-PWTW!Y^-'2C?>Y1HP0F(I@BY4\[$CV4$T5TEZ1I\IWF M&1XH(&Q\6"-15\I:#%H04$$4-_^,:AQ;U(.[ $ 3JD_B+$\+.EVJKW/=D.D^ M2W09;+8LI2M4Y@9:^$*Y^41GTO))G-+P'$_HRIM M,2[1D\S5:22O\Q3STDO+"SY75MYMBK$N-ES [#E4^ M,9ZQ1/[)QJ(R"S* ZF:/>NQ2U\P O/W)[>!W*YS]=5W+&RT8<8L=_J2]GA>5 M+]R7WHT:(?'U8=CYT>%>"H([4;R353#QKS=7 MN!U^^A90^(@1GL^QGW.1D)XA>_0B:@%Y:9C12XVT[NI 6;Z; BM&5N\;<:'" M(DK*3!Q,G-0Z("0"#E!#MHJ; U6N\/4J414*!>%5E!JFN./"E0Y:XK2L#2"5 M4;'%I#HJ4?@5T@4J:R%VE>)N-'%)[Y&,XN"&=1.=5!$=WR6R+OM\)=PFH82" M8'IF%3H^?069.8_[.48G.:Y4Q__Z03/QC%A'$,9A5@UU+Y1 3S;%(] M!:&ZM[67+QU24U0459^-4?"9P?NJ_?NF;X5,%\K-1_9DZR3+"AR<%RF)!J5' M90?=?!1V_(13/\RD:6RV,>3V!,P+TBYU U]3]%$^*5#ZE$41=5GCR+X#+CFM3<7]>WOC%X BJ)GV/[H1?<;M5.JQOQ94E'* D1E_$1&GPA2=;I-(S M>_5CMK4R8MK/(Z W>JK.@8Y64>V_CU5__9""OV61[FE@IOKT,]^B,7!=UM:1 MN*T?]C9.9M;+;I8_]A$)>@8!*B#LI8"MXD*O" YNH6 ?WMM&B$-;B=>7&;>> M,DQ8L(1Q8(%AJT+N.31887B&P6$;_VW#0[E1<##18=>EUP'F$CMB A4W7!2_ MT[V'9Q51'!2&;7AYGCL84*?/SWNWP\CUG2;0SW1'9(!.S_CKA]2]61;IGO94 MAN^R!MIIV=_DV-UNS U^\$*Z1'=&GV#W_+SPHLMPCB?QW["7*F^G;&MIJ!T; M2U=E>SB&9D#NZMAAU^[SK,VAACU$#:(?)C%B-G\$U'O=Z9O]G76W+RI3FB'L MM2H N4;BO%<;IJBY'LXMC,';_/"^:SL\5\4,^;)"5J.SA MMD&0'%+\V*&H^XP?6\!X-O%C>]][BA^P[C'M6)I?<48+D"V189_\>)O07]D' MZ7V%E#X!'E*DZ;]B^@Q _:%[-G&I]R+I*5SUMB>NF?0KO&I, ]=W=50S2FM3 MSJ?]6SK+S?LM[0S>6'H WQ.M>[OTU0NMUUL_T[3:^-F]X$0V@1)=[OZ6C.<- M'B+UI5[TU 9L-QP/?E@*9Z;;)\!G,"P%,B_N#QVT='7@2N:_UV(<^VTV*O+[ M) W_P,&7.,!I(VL$?;8V:VW2W="*:11O50][6> ? -WP,6NP*M$'+.?0!A\< MP2R/?F?0>]PX'RT6*3L3-R$HPC@+_:]>5"AO,&I5W#TN:P9^\ZZL6GYP+EN M[!+,+[(\>?BH40;4T>UP6$6_WB4IACT=GMD!SR&=R]JYV/L\J;4UF.=X^7'7 MPN!>"ZZET5H<,?G#O@AIF6&0_.O<50@Q_/8AA0NKXMQG%DSAAP?OZX?PUKR= MP]MIWOUPZ^;^)WO#TDF[-OOT(35KF\+?VU4B"Y_-F_:^=V4E0PWE M]JM>9^@YI7Q#5:

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end