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Compensatory Equity Incentive Plan and Other Equity Incentives (Tables) | 12 Months Ended
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Jun. 30, 2012
Notes to Financial Statements |
Schedule of Share Based Compensation Award Plans |
|  | Award Shares Authorized |  |  | Award Shares Outstanding at June 30, 2012 |  |  | Available for Issuance at June 30, 2012 |
Equity Compensation Arrangement |  |  |  |  |  |  |  |  |
Amended and Res tated Omnibus Incentive Plan |  |  | 1,715,625 |  |  |  | 1,171,093 |  |  |  | 99,139 |
Employee Stock Purchas e Plan |  |  | 200,000 |  |  |  | - |  |  |  | 120,024 |
|  |  | 1,915,625 |  |  |  | 1,171,093 |  |  |  | 219,163 |
Schedule of Share Based Compensation Valuation Assumptions |
|  |  | Year Ended |  |  | Year Ended |
|  |  | June 30, 2012 |  |  | June 30, 2011 |
| Expected volatility |  |  | 119% - 122% |  |  |  | 117% |
| Weighted average expected volatility |  |  | 119% - 122% |  |  |  | 117% |
| Dividend yields |  |  | 0% |  |  |  | 0% |
| Risk-free interest rate |  |  | 0.9% - 2.01% |  |  |  | 1.18% - 1.47% |
| Expected term, in years |  |  | 3 - 7 |  |  |  | 3 - 7 |
Schedule of Share Based Compensation Activity | Information Regarding Current Share-based Payment Awards—A summary of the activity for share-based payment awards in the years ended June 30, 2012 and 2011 is presented below:
|  |  |  |  |  |  |  |  |  |  | Restricted |
|  | Stock Options |  |  | Stock Units (RSUs) |
|  |  |  |  | Weighted |  |  | Weighted |  |  |  |  |  | Weighted |
|  |  |  |  | Average |  |  | Average |  |  |  |  |  | Average |
|  |  |  |  | Exercise |  |  | Remaining |  |  |  |  |  | Remaining |
|  |  |  |  | Price |  |  | Contract |  |  |  |  |  | Contract |
|  | Shares |  |  | (per share) |  |  | Life (YRS) |  |  | Shares |  |  | Life (YRS) |
June 30, 2010 |  |  | 437,641 |  |  | $ | 6.33 |  |  |  | 7.3 |  |  |  | 359,700 |  |  |  | 0.7 |
|  |  | - |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Granted |  |  | 77,500 |  |  |  | 2.87 |  |  |  | 9.3 |  |  |  | 75,000 |  |  |  | 2.0 |
Exercised |  |  | (7,270 | ) |  |  | 1.05 |  |  |  | 7.5 |  |  |  | - |  |  |  | - |
Cancelled |  |  | (7,638 | ) |  |  | 192.20 |  |  |  | - |  |  |  | - |  |  |  | - |
June 30, 2011 |  |  | 500,233 |  |  | $ | 3.01 |  |  |  | 6.9 |  |  |  | 434,700 |  |  |  | 0.9 |
Granted |  |  | 90,000 |  |  |  | 1.39 |  |  |  | 9.3 |  |  |  | 160,000 |  |  |  | 1.0 |
Exercised |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |
Cancelled |  |  | (13,840 | ) |  |  | 9.14 |  |  |  | 3.0 |  |  |  | - |  |  |  | - |
June 30, 2012 |  |  | 576,393 |  |  | $ | 2.61 |  |  |  | 6.4 |  |  |  | 594,700 |  |  |  | 1.0 |
Awards exercisable/ |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
vested as of |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
June 30, 2012 |  |  | 378,268 |  |  | $ | 2.85 |  |  |  | 5.3 |  |  |  | 359,700 |  |  |  | - |
Awards unexercisable/ |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
unvested as of |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
June 30, 2012 |  |  | 198,125 |  |  | $ | 2.15 |  |  |  | 6.4 |  |  |  | 235,000 |  |  |  | 1.0 |
|  |  | 576,393 |  |  |  |  |  |  |  |  |  |  |  | 594,700 |  |  |  |  |
Schedule of Share Based Compensation Future Cost to be Recognized |
|  |  |  |  | Restricted |  |  |  |
|  | Stock |  |  | Stock |  |  |  |
|  | Options |  |  | Units |  |  | Total |
Year ended June 30, 2013 |  | $ | 79,057 |  |  | $ | 168,420 |  |  | $ | 247,477 |
Year ended June 30, 2014 |  |  | 64,254 |  |  |  | 94,570 |  |  |  | 158,824 |
Year ended June 30, 2015 |  |  | 23,587 |  |  |  | 18,852 |  |  |  | 42,439 |
Year ended June 30, 2016 |  |  | 3,929 |  |  |  | - |  |  |  | 3,929 |
Year ended June 30, 2017 |  |  | - |  |  |  | - |  |  |  | - |
|  | $ | 170,827 |  |  | $ | 281,842 |  |  | $ | 452,669 |
Schedule of Share Based Compensation Weighted-Average Grant Date Fair Value |
Unexercisable/unvested awards |  | Stock Options Shares |  |  | RSU Shares |  |  | Total Shares |  |  | Weighted-Average Grant Date Fair Values (per share) |
June 30, 2010 |  |  | 180,000 |  |  |  | 175,000 |  |  |  | 355,000 |  |  | $ | 2.24 |
Granted |  |  | 77,500 |  |  |  | 75,000 |  |  |  | 152,500 |  |  |  | 2.58 |
Vested |  |  | (75,000 | ) |  |  | (50,000 | ) |  |  | (125,000 | ) |  |  | 2.31 |
Cancelled/Issued/Forfeited |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |
June 30, 2011 |  |  | 182,500 |  |  |  | 200,000 |  |  |  | 382,500 |  |  | $ | 2.53 |
Granted |  |  | 90,000 |  |  |  | 160,000 |  |  |  | 250,000 |  |  |  | 1.30 |
Vested |  |  | (74,375 | ) |  |  | (125,000 | ) |  |  | (192,659 | ) |  |  | 2.27 |
Cancelled/Issued/Forfeited |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |
June 30, 2012 |  |  | 198,125 |  |  |  | 235,000 |  |  |  | 433,125 |  |  | $ | 2.42 |
Schedule of Financial Statement Effect Related to Share Based Compensation |
|  | Year Ended |  |  | Year Ended |
|  | June 30, |  |  | June 30, |
|  | 2012 |  |  | 2011 |
Stock options |  | $ | 86,096 |  |  | $ | 100,766 |
RSU |  |  | 185,948 |  |  |  | 145,383 |
Total |  | $ | 272,044 |  |  | $ | 246,149 |
The amounts above were included in: |  |  |  |  |  |  |  |
General & administrative |  | $ | 254,337 |  |  | $ | 226,215 |
Cost of sales |  |  | 8,328 |  |  |  | 8,765 |
New product development |  |  | 9,379 |  |  |  | 11,169 |
|  | $ | 272,044 |  |  | $ | 246,149 |

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