v3.2.0.727
Statements of Cash Flows - USD ($)
 12 Months Ended
Jun. 30, 2015
Jun. 30, 2014
CASH FLOWS FROM OPERATING ACTIVITIES    
Net Loss $ (299,361) $ (1,269,663)
Adjustments to reconcile net loss to net cash used by operating activities:    
Depreciation and amortization expense 221,109 224,150
Change in allowance for bad debt expense (recovery) (7,777) 7,317
Stock based compensation related to director and employee stock options 23,706 111,973
Stock paid for services 5,147 69,000
Accretion of discount on convertible note 0 40,970
Write off of deferred financing costs 0 40,000
Gain on extinguishment of long term payable (62,500) 0
Loss on disposal of assets 62,731 250,845
Changes in operating assets and liabilities:    
Accounts receivable 88,660 (43,651)
Prepaid and other current assets 11,771 75,139
Inventory and change in inventory reserve (76,696) (216,424)
Accounts payable and accrued expenses (85,000) (95,273)
Net Cash Used by Operating Activities (118,210) (805,617)
CASH FLOWS FROM INVESTING ACTIVITIES    
Purchase of property and equipment (55,840) (46,448)
Cash paid for patents and trademarks (4,000) 0
Proceeds from the sale of assets 7,775 0
Net Cash Used by Investing Activities (52,065) (46,448)
CASH FLOWS FROM FINANCING ACTIVITIES    
Proceeds from the issuance of unsecured note payables 0 355,182
Redemption of convertible note payables 0 (100,000)
Payments on notes payable (2,405) (767,257)
Proceeds from sale of common stock 0 3,500
Proceeds from sale of preferred stock, net of offering costs (188) 1,980,478
Preferred stock dividends (100,000) 0
Net Cash Used by Financing Activities (102,593) 1,471,903
NET (DECREASE) INCREASE IN CASH (272,868) 619,838
CASH AT BEGINNING OF YEAR 728,585 108,747
CASH AT END OF YEAR 455,717 728,585
NON-CASH FINANCING ACTIVITIES    
Interest paid 4,363 60,391
Income taxes paid 0 0
SUPPLEMENTAL SCHEDULE OF CASH FLOW ACTIVITIES    
Write off of accounts receivable previously allowed for 7,296 0
Reversal of deferred financing fees 31,500 0
Accrual of preferred share dividends 0 25,000
Reclassificaiton of Property and Equipment [Member]    
SUPPLEMENTAL SCHEDULE OF CASH FLOW ACTIVITIES    
Property and equipment, Transfers and Changes 0 31,857
Removal of Fully Depreciated Fixed Assets [Member]    
SUPPLEMENTAL SCHEDULE OF CASH FLOW ACTIVITIES    
Property and equipment, Transfers and Changes 368,953 10,000
Expired or Retired Patents [Member]    
SUPPLEMENTAL SCHEDULE OF CASH FLOW ACTIVITIES    
Property and equipment, Transfers and Changes $ 58,276 $ 0