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PROPERTY AND EQUIPMENT (Tables)

12 Months Ended

Jun. 30, 2013

		June 30,

	Useful Life	June 30,
(in thousands)	Useful Life	2013			2012
Computer equipment and software	3 years	$	1,320		$	1,655
Office equipment and furniture	5 years		330			563
Vehicles	3 years		—			284
Leasehold improvements	3 years		522			525

Total Cost			2,172			3,027
Less—Accumulated depreciation			(1,462	)		(1,443	)

		$	710		$	1,584

- 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.

+ References+ Details