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COMMON STOCK WARRANTS AND OPTIONS (Detail Textuals 2) (USD $)
12 Months Ended 12 Months Ended 12 Months Ended 12 Months Ended 12 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Jun. 30, 2012
May 31, 2013
Common Stock
Jun. 30, 2013
Placement Agent
Jun. 30, 2013
Placement Agent
Common Stock
Jun. 30, 2012
Placement Agent
Common Stock
Jun. 30, 2011
Placement Agent
Common Stock
Mar. 12, 2010
2010 Public Offering
Common Stock
Jun. 30, 2013
Warrant
Jun. 30, 2012
Warrant
Jun. 30, 2011
Warrant
Dec. 31, 2011
Warrant
Jun. 30, 2014
Warrant
Loan and Security Agreement
Jun. 30, 2013
Warrant
Loan and Security Agreement
Jun. 30, 2014
Warrant
2010 Public Offering
Jun. 30, 2013
Warrant
2010 Public Offering
Jun. 30, 2012
Warrant
2010 Public Offering
May 12, 2013
Warrant
2010 Public Offering
May 12, 2010
Warrant
2010 Public Offering
Jun. 30, 2011
Warrant
Rights offering (the "2010 Rights Offering")
Jul. 07, 2013
Warrant
Rights offering (the "2010 Rights Offering")
Jul. 07, 2010
Warrant
Rights offering (the "2010 Rights Offering")
Class of Warrant or Right [Line Items]                                              
Number of common stock called by warrants         13,216                 45,000         165,207 2,753,454   15,717 261,953
Exercise price of shares to be purchased as warrants (in dollars per share) $ 2.6058 $ 2.6058     $ 1.13       $ 1.13         $ 2.10         $ 1.13 $ 1.13   $ 1.13 $ 1.13
Warrants issued in conjunction with Line of Credit Amendment   $ 55,962                       $ 55,962                  
Non-cash interest and amortization of debt discount 2,095 53,867                       2,095 53,867                
Number of warrants expired unexercised                         6,904,887                    
Number of shares of common stock remain unexercised       1,258         58,527                            
Cashless exercise of warrants in issuance of common stock   36,186 2,767             36,186 2,767 127,497                      
Cashless exercise of warrants resulting in issuance of common stock (in shares)           17,094 990 83,472                              
Proceeds from issuance of common stock           $ 14,934                   $ 2,361,956 $ 417,294 $ 0     $ 296,007    
Weighted-average fair value of options granted $ 1.49