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INCOME TAXES (Tables)
12 Months Ended
Jun. 30, 2012
Income Tax Disclosure [Abstract]  
Schedule of net deferred tax assets arose primarily from net operating loss carryforwards

 
June 30,
 
   
2012
   
2011
 
Deferred tax assets:
           
Net operating loss carryforwards
  $ 48,825,628     $ 46,695,537  
Deferred research and development costs
    185,940       218,622  
Intangibles
    1,059,409       1,003,047  
Stock-based compensation
    694,407       476,273  
Other
    955,279       685,861  
      51,720,663       49,079,340  
Deferred tax liabilities:
               
Intangibles and goodwill
    (12,599 )     (105,353 )
Deferred tax assets, net
    51,708,064       48,973,987  
Valuation allowance
    (51,720,663 )     (48,973,987 )
Deferred tax (liabilities) assets, net of allowance
  $ (12,599 )   $ -