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PROPERTY AND EQUIPMENT

3 Months Ended

Sep. 30, 2015

Property And Equipment

PROPERTY AND EQUIPMENT

NOTE 6.  PROPERTY AND EQUIPMENT

Property and equipment are stated at cost and consist of the following at September 30, 2015 and June 30, 2015:

		September 30, 2015				June 30, 2015
Computer equipment		$	3,287,989			$	3,269,403
Furniture and fixtures			260,574				260,574
Leasehold improvements			231,782				231,782
			3,780,345				3,761,759
Less accumulated depreciation and amortization			(3,093,565	)			(2,997,317	)
		$	686,780			$	764,442

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- References

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- Definition

The entire disclosure for long-lived, physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, accounting policies and methodology, roll forwards, depreciation, depletion and amortization expense, including composite depreciation, accumulated depreciation, depletion and amortization expense, useful lives and method used, income statement disclosures, assets held for sale and public utility disclosures.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef



-Publisher FASB



-Name Accounting Standards Codification



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-Section S99



-Paragraph 1



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-Section 50



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-Publisher FASB



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