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Balance Sheets - USD ($)
Sep. 30, 2016
Jun. 30, 2016
CURRENT ASSETS    
Cash $ 201,470 $ 267,302
Accounts receivable - net 372,492 293,358
Inventory - net 625,072 614,895
Prepaid and other current assets 74,475 103,803
Total Current Assets 1,273,509 1,279,358
PROPERTY AND EQUIPMENT    
Leasehold improvements 196,223 153,543
Molds and models 577,549 577,549
Equipment 2,988,844 2,960,246
Furniture and fixtures 74,921 74,921
Construction in progress 39,593 10,198
Software 305,924 305,924
Less - accumulated depreciation (3,869,113) (3,849,937)
Total Property and Equipment 313,941 232,444
OTHER ASSETS    
Patents and trademarks - net 168,555 175,379
Non-current inventory 185,260 180,050
Deposits 11,000 11,000
Total Other Assets 364,815 366,429
TOTAL ASSETS 1,952,265 1,878,231
CURRENT LIABILITIES    
Accounts payable and accrued expenses 439,600 348,499
Current portion of long-term debt 18,656 20,518
Current portion of lease liability 6,578 6,249
Total Current Liabilities 464,834 375,266
LONG-TERM LIABILITIES    
Long-term debt 138,139 100,142
Long-term lease liability 6,621 8,394
Total Long Term Liability 144,760 108,536
Total Liabilities 609,594 483,802
STOCKHOLDERS’ EQUITY    
Preferred stock: 5,000,000 shares authorized of $0.001 par value, 2,000,000 shares issued and outstanding, respectively 2,000 2,000
Common Stock: 75,000,000 shares authorized of $0.001 par value, 42,325,287 and 42,175,287 shares issued and outstanding, respectively 42,325 42,175
Additional paid-in capital 62,591,976 62,579,558
Stock payable 0 4,500
Accumulated deficit (61,293,630) (61,233,804)
Total Stockholders’ Equity 1,342,671 1,394,429
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 1,952,265 $ 1,878,231