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Note 13 - Restructuring Expenses
9 Months Ended
Mar. 31, 2014
Restructuring and Related Activities [Abstract]  
Restructuring and Related Activities Disclosure [Text Block]

Note 13 – Restructuring Expenses


Restructuring Charges


In fiscal 2013, the Company restructured its operations and overhead structure related to the storage division by reducing the size of its facilities and headcount, in accordance with a defined restructuring plan. Costs associated therewith were separately identified and disclosed. In October 2013, the Company determined that we would no longer require the leased space in Boulder, Colorado. The space has been vacated and the landlord is currently looking for another tenant. Until that time, we are obligated through the term of the lease, September 2014. In October 2013, the total amounts of the lease payments were added to the restructuring charges in the amount of $26,000.


   

Beginning

Balance

June 30,

2013

   

Expensed

   

Paid

   

Ending

Balance

March 31,

2014

 

Lease abandonment obligation

  $ 1,040     $ 26     $ (312

)

  $ 754  

Total Restructuring Obligation

  $ 1,040     $ 26     $ (312

)

  $ 754