PROPERTY, PLANT AND EQUIPMENT (Tables)

12 Months Ended

Jun. 30, 2012

PROPERTY, PLANT AND EQUIPMENT [Abstract]

At June 30, 2012 and 2011, property and equipment consisted of the following (in thousands):

		June 30,
	Useful Life	2012		2011
Furniture and fixtures	3 to 5 years	$	192	$	179
Plant and equipment	3 to 17 years		5,122		4,897
Manufacturing	15 years		222		222
Computers and software	3 to 5 years		1,558		1,421
Leasehold improvements	3 to 15 years		854		949
Land			19		19
			7,967		7,687
Less: accumulated depreciation			3,335		2,337

Net property, plant and equipment		$	4,632	$	5,350

- Definition

Tabular disclosure of the useful life and salvage value of 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.

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