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CONSOLIDATED BALANCE SHEETS (USD $)
Dec. 31, 2012
Jun. 30, 2012
CURRENT ASSETS    
Cash and cash equivalents $ 639,548 $ 528,876
Accounts receivable:    
Trade, net of allowance for doubtful accounts of $0 as of December 31, 2012 and June 30, 2012 429,117 880,342
Inventories (net of slow moving reserve) 2,041,634 2,376,427
Note receivable (net of impairment reserve)   1,477,161
Prepaid expenses and other assets 76,063 95,231
Income taxes receivable 29,321 29,321
Deferred income taxes   211,674
Total current assets 3,215,683 5,599,032
Property and equipment, net 931,819 997,426
Long-term deferred income tax   301,547
TOTAL ASSETS 4,147,502 6,898,005
CURRENT LIABILITIES    
Accounts payable 348,345 274,628
Accrued liabilities 391,211 300,637
Deferred revenues 68,226 19,619
Liabilities held for discontinued operations 114,571 114,571
Total current liabilities 922,353 709,455
TOTAL LIABILITIES 922,353 709,455
COMMITMENTS AND CONTINGENCIES      
SHAREHOLDERS' EQUITY    
Preferred Stock, $1 par, 2,000,000 shares authorized, none issued or outstanding, attributes to be determined when issued      
Common stock, $0.01 par, 6,000,000 shares authorized 2,323,537 issued and outstanding on December 31, 2012 and 2,391,628 issued June 30, 2012 23,236 23,917
Additional paid in capital 4,576,649 4,735,800
Treasury stock, at cost, 0 and 74,691 shares on December 31, 2012 and June 30, 2012, respectively   (215,918)
Retained earnings (deficit) (1,374,736) 1,644,751
Total shareholders' equity 3,225,149 6,188,550
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 4,147,502 $ 6,898,005