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5. Fair Value of Financial Instruments (Tables)
9 Months Ended
Mar. 31, 2015
Investments, All Other Investments [Abstract]  
Fair Value Inputs
  Fair Value Measurements Using Inputs Considered as
Assets:        
  Fair Value at      
  March 31, 2015 Level 1 Level 2 Level 3
Cash and cash equivalents $ 354,300 $ 354,300 $ - $ -
Available for sale securities 286,000 286,000 - -
Total $ 640,300 $ 640,300 $ - $ -
         
Liabilities:        
         
Contingent consideration $  401,100 $    -     $    -    

$401,100

 

  Fair Value Measurements Using Inputs Considered as
Assets:        
  Fair Value at      
  June 30, 2014 Level 1 Level 2 Level 3
Cash and cash equivalents $ 493,700 $ 493,700 $ - $ -
Available for sale securities 415,400 415,500 - -
Total $ 909,100 $ 909,100 $ - $ -
         
Liabilities:        
         
Contingent consideration $  500,000 $    - $    -

$500,000

Investments in Marketable Securitites

      Unrealized
    Fair Holding Gain
  Cost Value (Loss)
At March 31, 2015:      
Available for sale:      
Equity securities $ 29,300 $ 35,700 $ 6,400
Mutual funds 257,200 250,300 ( 6,900)
  $ 286,500 $ 286,000 ($       500)

  

      Unrealized
    Fair Holding Gain
  Cost

Value

(Loss)
At June 30, 2014:      
Available for sale:      
Equity securities $ 29,300 $ 38,500 $ 9,200
Mutual funds 385,000 376,900 ( 8,100)
       
  $ 414,300 $ 415,400 $ 1,100