XML 22 R33.htm IDEA: XBRL DOCUMENT v2.4.0.8
EQUIPMENT AND LEASEHOLD IMPROVEMENTS (Tables)
 12 Months Ended
Jun. 30, 2014
Property, Plant and Equipment, Net [Abstract]  
Property, Plant and Equipment
The major categories of equipment and leasehold improvements at June 30, 2014 and 2013 are summarized as follows: 
 
 
Estimated
useful lives
 
2014
 
2013
Machinery and equipment
 
5-10 years
 
$
675,670

 
$
527,450

Furniture and office equipment
 
5-10 years
 
374,616

 
374,616

Tooling
 
5 years
 
3,607,314

 
3,363,464

Display booths
 
5-7 years
 
287,180

 
287,180

Computer equipment
 
3-5 years
 
1,414,517

 
1,401,056

Leasehold improvements
 
7-10 years
 
2,288,706

 
2,288,706

Assets in progress
 
N/A
 
259,328

 
318,758

 
 
 
 
8,907,331

 
8,561,230

Less: accumulated depreciation and amortization
 
 
 
7,066,840

 
6,223,248

Equipment and leasehold improvements, net
 
 
 
$
1,840,491

 
$
2,337,982