XML 52 R11.htm IDEA: XBRL DOCUMENT v2.4.0.6
Composition of Certain Financial Statement Items
 12 Months Ended
Jun. 30, 2012
Description of Business/ Composition of Certain Financial Statement Items [Abstract]  
COMPOSITION OF CERTAIN FINANCIAL STATEMENT ITEMS

NOTE 4 – COMPOSITION OF CERTAIN FINANCIAL STATEMENT ITEMS

Inventories

 

                 
    June 30,  
    2012     2011  

Raw materials

   $ 1,087,000     $ 1,659,000  

Work in process

     579,000       746,000  

Finished goods

     1,125,000       1,298,000  
   

 

 

    

 

 

  
    $ 2,791,000     $ 3,703,000  
   

 

 

    

 

 

  

At June 30, 2012, the Company included inventory in-transit from vendors at that date with raw materials and purchased components, rather than with finished goods and manufactured components as had been the historical presentation. Amounts at June 30, 2011 have been reclassified to conform to the current period presentation.

Property, Plant, Equipment and Leasehold Improvements

 

                 
    June 30,  
    2012     2011  

Land

   $ —       $ 278,000  

Building

     —         641,000  

Leasehold improvements

     2,307,000       2,289,000  

Equipment

     6,735,000       6,993,000  
   

 

 

    

 

 

  
     

Total

     9,042,000       10,201,000  

Accumulated depreciation

     (6,503,000 )      (6,540,000 ) 
   

 

 

    

 

 

  
     
    $ 2,539,000     $ 3,661,000  
   

 

 

    

 

 

  

Depreciation expense for the years ended June 30, 2012 and 2011 amounted to $647,000 and $697,000, respectively.