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INCOME TAXES (Detail Textuals) (USD $)
12 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Income Tax Examination [Line Items]    
Net operating loss carryforwards $ 167,517,976  
Maximum amount of net operating loss carryforwards 129,313,279 127,024,196
Deferred tax assets, net 51,078,657 51,708,064
Valuation allowance 51,118,902 51,720,663
Deferred tax liabilities 40,245 12,599
Deferred income taxes 27,646 12,599
Income tax benefit 299,801 1,767,537
Federal statutory rate 34.00% 34.00%
Effects of increases in the valuation allowance 205,266 2,372,354
Amount of increase in deferred tax assets for effects of permanent difference 71,379 594,264
State income taxes net of federal benefit 4,490 2,046
Domestic Tax Authority
   
Income Tax Examination [Line Items]    
Deferred state income taxes 6,804 3,101
Foreign Tax Authority
   
Income Tax Examination [Line Items]    
Deferred federal income taxes $ 20,842 $ 9,498