6. Inventories

6 Months Ended

Dec. 31, 2015

Inventory Disclosure [Abstract]

Inventories

Inventories for financial statement purposes are based on perpetual inventory records at December 31, 2015 and based on a physical count as of June 30, 2015. Components of inventory are as follows:

	December 31, 2015		June 30, 2015
Raw materials	$	1,439,000	$	1,420,800
Work in process		1,510,400		442,900
Finished goods		313,100		350,000
	$	3,262,500	$	2,213,700