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PROPERTY AND EQUIPMENT (Tables)

12 Months Ended

Jun. 30, 2016

Property, Plant and Equipment [Abstract]

Property and equipment

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

		2016				2015
Computer equipment		$	3,350,390			$	3,269,403
Furniture and fixtures			260,574				260,574
Leasehold improvements			231,782				231,782
			3,842,746				3,761,759
Less accumulated depreciation and amortization			(3,373,363	)			(2,997,317	)
		$	469,383			$	764,442

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- References

No definition available.

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- Definition

Tabular disclosure of physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, balances by class of assets, depreciation and depletion expense and method used, including composite depreciation, and accumulated deprecation.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 360
-SubTopic 10
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6391035&loc=d3e2868-110229

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02(13))
-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

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