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EARNINGS PER SHARE (Tables)
 6 Months Ended
Dec. 31, 2013
Earnings Per Share [Abstract]  
Computation for Basic and Diluted Earning Per Share
The following table sets forth the computation for basic and diluted EPS:
 
 
Six Months Ended December 31,
 
 
2013
 
2012
Income (loss) from continuing operations
 
$
(966,442
)
 
$
270,772

Loss from discontinued operations
 
(236,178
)
 
(55,987
)
Net income (loss)
 
$
(1,202,620
)
 
$
214,785

Weighted average number of outstanding shares
 
 
 
 
Basic
 
15,471,816

 
15,481,547

Effect of dilutive securities
 
 
 
 
Employee stock options
 
—

 
—

Diluted
 
15,471,816

 
15,481,547

Earnings (loss) per share
 
 
 
 
Basic
 
 
 
 
   Income (loss) from continuing operations
 
$
(0.06
)
 
$
0.01

   Loss from discontinued operations
 
(0.02
)
 
0.00

   Net income (loss)
 
$
(0.08
)
 
$
0.01

Diluted
 
 
 
 
   Income (loss) from continuing operations
 
$
(0.06
)
 
$
0.01

   Loss from discontinued operations
 
(0.02
)
 
0.00

   Net income (loss)
 
$
(0.08
)
 
$
0.01

 
 
 
Three Months Ended December 31,
 
 
2013
 
2012
Income (loss) from continuing operations
 
$
(957,674
)
 
$
177,732

Loss from discontinued operations
 
(207,533
)
 
(11,747
)
Net income (loss)
 
$
(1,165,207
)
 
$
165,985

Weighted average number of outstanding shares
 
 
 
 
Basic
 
15,472,370

 
15,487,207

Effect of dilutive securities
 
 
 
 
Employee stock options
 
—

 
—

Diluted
 
15,472,370

 
15,487,207

Earnings (loss) per share
 
 
 
 
Basic
 
 
 
 
   Income (loss) form continuing operations
 
$
(0.06
)
 
$
0.01

   Loss from discontinued operations
 
(0.02
)
 
0.00

   Net income (loss)
 
$
(0.08
)
 
$
0.01

Diluted
 
 
 
 
   Income (loss) form continuing operations
 
$
(0.06
)
 
$
0.01

   Loss from discontinued operations
 
(0.02
)
 
0.00

   Net income (loss)
 
$
(0.08
)
 
$
0.01