Property and Equipment

3 Months Ended

Sep. 30, 2011

4. Property and Equipment

Property and equipment are summarized as follows:

			(unaudited)
	Estimated		September 30,		June 30,
	Life (Years)		2011		2011


Manufacturing equipment		5 - 10	$	3,241,864	$	3,226,898
Computer equipment and software		3 - 5		271,170		257,451
Furniture and fixtures		5		86,166		86,299
Leasehold improvements		5 - 7		792,793		787,685
Construction in progress				407,959		227,654
Tooling		1 - 5		1,289,946		1,135,738
Total property and equipment				6,089,898		5,721,725

Less accumulated depreciation and amortization				3,606,869		3,348,703
Total property and equipment, net			$	2,483,029	$	2,373,022

- Definition

The entire disclosure for long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale. Examples include land, buildings, machinery and equipment, and other types of furniture and equipment including, but not limited to, office equipment, furniture and fixtures, and computer equipment and software. This disclosure may include property plant and equipment accounting policies and methodology, a schedule of property, plant and equipment gross, additions, deletions, transfers and other changes, depreciation, depletion and amortization expense, net, accumulated depreciation, depletion and amortization expense and useful lives, income statement disclosures, assets held for sale and public utility disclosures.

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