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3. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

9 Months Ended

Mar. 31, 2018

Accounting Policies [Abstract]

Segment information by geographic areas

		Three Months Ended								Nine Months Ended
		March 31,								March 31,
Net sales:			2018				2017				2018				2017
United States		$	6,414,074			$	9,407,328			$	21,813,370			$	35,943,763
Caribbean and South America			–				94,500				234,970				252,000
Europe, the Middle East and Africa (“EMEA”)			138,799				219,064				333,021				508,078
Asia			12,569				28,018				180,693				102,505
Totals		$	6,565,442			$	9,748,910			$	22,562,054			$	36,806,346

Long-lived assets, net (property and equipment and intangible assets):		March 31, 2018				June 30, 2017
United States		$	1,171,362			$	1,209,050
Asia			52,535				120,367
Totals		$	1,223,897			$	1,329,417

Useful lives of property and equipment

Machinery	6 years
Office equipment	5 years
Molds	3 years
Vehicles	5 years
Computers and software	5 years
Furniture and fixtures	7 years
Facilities improvements	5 years or life of the lease, whichever is shorter

Schedule of Intangible Assets

The definite lived intangible assets consisted of the following as of March 31, 2018:

Definite lived intangible assets:		Expected Life		Average Remaining life		Gross Intangible Assets				Accumulated Amortization				Net Intangible Assets
Complete technology		3 years		3.0 years			18,397				–				18,397
Technology in progress		Not Applicable		–			100,000				–				100,000
Software		5 years		2.5 years			277,918				229,773				48,145
Patents		10 years		6.3 years			58,391				6,186				52,205
Certifications & licenses		3 years		1.5 years			3,250,061				2,392,567				857,494
Total as of March 31, 2018						$	3,704,767			$	2,628,526			$	1,076,241

The definite lived intangible assets consisted of the following as of June 30, 2017:

Definite lived intangible assets:		Expected Life		Average Remaining life		Gross Intangible Assets				Accumulated Amortization				Net Intangible Assets
Complete technology		3 years		0.5 years			2,402				2,002				400
Complete technology		3 years		0.7 years			6,405				4,804				1,601
Complete technology		3 years		3.0 years			18,397				–				18,397
Supply and development agreement		8 years		0.3 years			1,121,000				1,085,969				35,031
Technology in progress		Not Applicable		-			360,148				–				360,148
Software		5 years		2.7 years			239,398				216,829				22,569
Patents		10 years		7.0 years			58,391				4,693				53,698
Certifications & licenses		3 years		1.9 years			2,698,526				2,080,895				617,631
Total as of June 30, 2017						$	4,504,667			$	3,395,192			$	1,109,475

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Tabular disclosure of the names of foreign countries in which material long-lived assets other than financial instruments, long-term customer relationships of a financial institution, mortgage and other servicing rights, deferred policy acquisition costs, and deferred tax assets are located, and amount of such long-lived assets located in that country or foreign geographic area.

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