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Property and Equipment

12 Months Ended

Jun. 30, 2018

Property, Plant and Equipment [Abstract]

Property, Plant and Equipment Disclosure

Note 3. Property and Equipment

Property and equipment consists of the following as of June 30, 2018 and 2017:

		June 30, 2018				June 30, 2017
Computer equipment		$	489,540			$	473,731
Software			279,817				271,057
Furniture and fixtures			39,609				40,370
Total			808,966				785,158
Less accumulated depreciation			(749,923	)			(699,421	)
Net, Property and equipment		$	59,043			$	85,737

Depreciation expense for the years ended June 30, 2018 and 2017 was $53,075 and $56,660, respectively.

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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://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 360
-URI http://asc.fasb.org/topic&trid=2155823

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