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Note 7 - Income Taxes (Detail) - The following is a reconciliation of the statutory federal income tax rate to Qualstar’s effective rate:
12 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Jun. 30, 2010
Statutory federal income tax benefit (34.00%) (34.00%) (34.00%)
State income taxes, net of federal income tax benefit (3.60%) (3.80%) (1.40%)
Research and development credits (1.80%) (13.80%) (3.00%)
Valuation allowance 39.30% 59.40% 27.00%
Other 0.50% (8.60%) 11.40%
0.40% 0.80% 0.00%