SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

12 Months Ended

Jun. 30, 2012

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES [Abstract]

Schedule of future amortization of intangible assets

As of June 30, 2012, future amortization of intangible assets is as follows (in thousands):

Year Ending  June 30,
2013	$	29
2014		34
2015		34
2016		34
2017		32
Thereafter		301
	$	464

Schedule of stock option valuation assumptions [Table Text Block]

The fair value of the Company's stock options was estimated on the grant date using the Black-Scholes option-pricing model with the following assumptions:

	Year Ended June 30,
	2012			2011			2010
Weighted average risk-free interest rate		0.3	%		0.7	%		0.9	%
Weighted average expected volatility		66	%		67	%		68	%
Weighted average expected life (in years)		3.89			4.40			3.55
Dividend yield		-			-			-