INCOME TAXES (Tables)

12 Months Ended

Jun. 30, 2012

Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]

The reconciliation for the 2012, 2011 and 2010 income tax expense (benefit) computed at the U.S. Federal statutory tax rate to the Company''s effective income rate is as follows (in percentages):

	June 30,			June 30,			June 30,
	2012			2011			2010
Tax at U.S. Federal statutory rate		34.0			34.0			0.0
State and local taxes, net of federal benefit		5.6			5.6			5.6
Change in valuation allowance		(36.7	)		(36.2	)		(27.6	)
		2.9			3.4			(22.0	)

Schedule of Components of Income Tax Expense (Benefit) [Table Text Block]

Significant components of the provision for income tax expense (benefit) from continuing operations are as follows:

	Year Ended			Year Ended			Year Ended
	June 30, 2012			June 30, 2011			June 30, 2010
Current:
Federal	$	564		$	429		$	-
State		93			71			68
		657			500			68
Deferred:
Federal		298			288			270
State		49			48			(23	)
		347			336			247
Decrease in valuation allowance		(937	)		(771	)		(577	)
Net income tax (benefit)	$	65		$	65		$	(262	)

Schedule of Deferred Tax Assets and Liabilities [Table Text Block]

The significant components of the Company's deferred tax asset are as follows:

	June 30,			June 30,
	2012			2011
Current:
Amortization of intangible assets	$	314		$	314
Accrued liabilities and other		869			686
Net operating losses and other carryforwards		317			500
Noncurrent:
Amortization of intangible assets		2,627			2,946
Depreciation		(27	)		(62	)
Net operating losses and other carryforwards		3,961			4,614
		8,061			8,998
Valuation allowance		(5,311	)		(6,248	)
Total deferred tax assets	$	2,750		$	2,750