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Goodwill
12 Months Ended
Jun. 30, 2013
Goodwill [Abstract]  
Goodwill

10. Goodwill 

 

The Company had approximately $3,036,000 and $3,115,000 of goodwill as of June 30, 2013 and 2012, respectively, related to the acquisition of the Prostiva RF Therapy System on September 6, 2011.  Please refer to Note 4 to the Notes to the Condensed Financial Statements for further information regarding this acquisition.  The change in the goodwill balance from June 30, 2012 to June 30, 2013 is due to the Company obtaining additional information that existed at the acquisition date which resulted in changes to the fair value of assets acquired during the measurement period.  Goodwill will be tested for impairment annually on April 30th or more frequently if changes in circumstance or the occurrence of events suggests an impairment may exist.