XML 45 R28.htm IDEA: XBRL DOCUMENT
v2.4.0.8

NOTE 2 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables) | 12 Months Ended
--- | ---
Jun. 30, 2014
Accounting Policies [Abstract] |
Estimated Useful Life in Years for Property and Equipment | Estimated Useful Lives in Years For Property and Equipment
Diagnostic equipment under capital lease |  |  | 2.5 |
Diagnostic equipment |  |  | 5–13 |
Research, development and demonstration equipment |  |  | 3-7 |
Machinery and equipment |  |  | 2-7 |
Furniture and fixtures |  |  | 3-9 |
Leasehold improvements |  |  | 2–10 |
Building |  |  | 28 |
Patient Fee Revenue - Net | Patient Fee Revenue - Net
|  | For the Year Ended June 30,
|  | 2014 |  | 2013
Commercial Insurance/ Managed Care |  | $ | 4,217,088 |  |  | $ | 1,360,536 |
Medicare/Medicaid |  |  | 1,443,020 |  |  |  | 541,602 |
Workers' Compensation/Personal Injury |  |  | 13,369,956 |  |  |  | 3,597,416 |
Other |  |  | 5,277,128 |  |  |  | 1,982,311 |
Patient Fee Revenue, net of contractual allowances and discounts |  |  | 24,307,192 |  |  |  | 7,481,865 |
Provision for Bad Debts |  |  | (10,333,082 | ) |  |  | (2,584,669 | )
Net Patient Fee Revenue |  | $ | 13,974,110 |  |  | $ | 4,897,196 |
Earnings Per Share | Earnings Per Share
|  | June 30, 2014
Basic |  |  | Total |  |  |  | Common Stock |  |  |  | Class C Common Stock |
Numerator: |  |  |  |  |  |  |  |  |  |  |  |
Net income Available to common stockholders |  | $ | 10,396,130 |  |  | $ | 9,720,030 |  |  | $ | 172,189 |
Denominator: |  |  |  |  |  |  |  |  |  |  |  |
Weighted average shares outstanding |  |  | 6,009,822 |  |  |  | 6,009,822 |  |  |  | 382,513 |
Basic income per common share |  | $ | 1.73 |  |  | $ | 1.62 |  |  | $ | 0.45 |
Diluted |  |  |  |  |  |  |  |  |  |  |  |
Denominator: |  |  |  |  |  |  |  |  |  |  |  |
Weighted average shares outstanding |  |  |  |  |  |  | 6,009,822 |  |  |  | 382,513 |
Class C Common Stock |  |  |  |  |  |  | 127,504 |  |  |  | — |
Total Denominator for diluted earnings per share |  |  |  |  |  |  | 6,137,326 |  |  |  | 382,513 |
Diluted income per common share |  |  |  |  |  | $ | 1.58 |  |  | $ | 0.45 |
|  | June 30, 2013
Basic |  |  | Total |  |  |  | Common Stock |  |  |  | Class C Common Stock |
Numerator: |  |  |  |  |  |  |  |  |  |  |  |
Net income Available to common stockholders |  | $ | 8,678,542 |  |  | $ | 8,107,367 |  |  | $ | 145,467 |
Denominator: |  |  |  |  |  |  |  |  |  |  |  |
Weighted average shares outstanding |  |  | 5,933,318 |  |  |  | 5,933,318 |  |  |  | 382,513 |
Basic income per common share |  | $ | 1.46 |  |  | $ | 1.37 |  |  | $ | 0.38 |
Diluted |  |  |  |  |  |  |  |  |  |  |  |
Denominator: |  |  |  |  |  |  |  |  |  |  |  |
Weighted average shares outstanding |  |  |  |  |  |  | 5,933,318 |  |  |  | 382,513 |
Class C Common Stock |  |  |  |  |  |  | 127,504 |  |  |  | — |
Total Denominator for diluted earnings per share |  |  |  |  |  |  | 6,060,822 |  |  |  | 382,513 |
Diluted income per common share |  |  | . |  |  | $ | 1.34 |  |  | $ | 0.38 |

X
- Details
Name: | us-gaap_AccountingPoliciesAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of all information related to any significant acquisition and disposal. Disclosure may include methodology and assumptions, type of asset, asset classification, useful life, useful purpose, acquisition cost, method of acquisition or disposal, depreciation method, gain (loss) on disposal pretax and net of tax, date of acquisition or disposal and restrictions on amount of proceeds from donated assets. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6360339&loc=d3e1361-107760 + Details
Name: | us-gaap_PropertyPlantAndEquipmentScheduleOfSignificantAcquisitionsAndDisposalsTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Disclosure of accounting policy for revenue recognition for sales allowances. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=6367646&loc=d3e18780-107790 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Staff Accounting Bulletin (SAB) -Number Topic 13 -Section B -Paragraph Question 1 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 605 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SAB TOPIC 13.B.Q1) -URI http://asc.fasb.org/extlink&oid=27012821&loc=d3e214044-122780 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 605 -SubTopic 50 -Section 25 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6408496&loc=d3e63113-111658 + Details
Name: | us-gaap_RevenueRecognitionAllowances
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257 + Details
Name: | us-gaap_ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration