Deferred Revenue	9 Months Ended
Mar. 31, 2012
Deferred Revenue [Abstract]
Deferred Revenue	12. Deferred Revenue In January 2012, the Company received an infrared purchase order for $1.1 million from Raytheon Vision Systems. The purchase order is for development of low cost manufacturing processes for infrared optics and is in support of Raytheon Vision Systems’ $13.4 million Defense Advanced Research Projects Agency’s (DARPA) Low Cost Thermal Imaging Manufacturing (LCTI-M) program. The goal of LCTI-M is to develop a wafer scale manufacturing process that will result in a camera on a chip, making thermal imagers affordable, accessible, and ubiquitous to every warfighter. The Company is using the “cost-to-cost method” to allow it to measure progress toward completion based on the ratio of costs incurred to date to total estimated costs. The Company has recorded in deferred revenue on the accompanying consolidated balance sheet the difference between the amounts invoiced on the project and the amount recognized into revenue. As of March 31, 2012, the Company invoiced $425,000 and recognized $143,000 as revenue. The balance of $282,000 is recorded as deferred revenue. The project is expected to be completed by July 2013. At March 31, 2012 we had $425,000 of accounts receivable on this purchase order, in the accompanying consolidated balance sheet.

Deferred Revenue

9 Months Ended

Mar. 31, 2012

12. Deferred Revenue

In January 2012, the Company received an infrared purchase order for $1.1 million from Raytheon Vision Systems. The purchase order is for development of low cost manufacturing processes for infrared optics and is in support of Raytheon Vision Systems’ $13.4 million Defense Advanced Research Projects Agency’s (DARPA) Low Cost Thermal Imaging Manufacturing (LCTI-M) program. The goal of LCTI-M is to develop a wafer scale manufacturing process that will result in a camera on a chip, making thermal imagers affordable, accessible, and ubiquitous to every warfighter.

The Company is using the “cost-to-cost method” to allow it to measure progress toward completion based on the ratio of costs incurred to date to total estimated costs. The Company has recorded in deferred revenue on the accompanying consolidated balance sheet the difference between the amounts invoiced on the project and the amount recognized into revenue.

As of March 31, 2012, the Company invoiced $425,000 and recognized $143,000 as revenue. The balance of $282,000 is recorded as deferred revenue. The project is expected to be completed by July 2013. At March 31, 2012 we had $425,000 of accounts receivable on this purchase order, in the accompanying consolidated balance sheet.

- Definition

The entire disclosure for deferred revenues at the end of the reporting period, and description and amounts of significant changes that occurred during the reporting period. Deferred revenue is a liability as of the balance sheet date related to a revenue producing activity for which revenue has not yet been recognized. Generally, an entity records deferred revenue when it receives consideration from a customer before achieving certain criteria that must be met for revenue to be recognized in conformity with GAAP.

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