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INCOME TAXES | 12 Months Ended
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Jun. 30, 2012
Income Tax Disclosure [Abstract] |
Income Tax Disclosure [Text Block] | 13. INCOME TAXES There was no provision for federal or state income taxes for the years ended June 30, 2012 and 2011 due to the Company’s operating losses and a full valuation reserve on deferred tax assets. In addition, AccelPath, LLC (the accounting acquirer) was treated as a partnership for federal and state income taxes from inception until the reverse acquisition was completed. A partnership’s income or loss is allocated directly to the partners for income tax purposes. The income tax benefit differs from the amount of income tax determined by applying the U.S. federal income tax rate to pretax income for the years ended June 30, 2012 and 2011 due to the following:
|  | 2012 |  |  | 2011 |
Computed “expected” tax benefit |  |  | (35 | )% |  |  | (35 | )%
Increase (decrease) in income taxes resulting from: |  |  |  |  |  |  |  |
State taxes, net of federal benefit |  |  | (3 | )% |  |  | (3 | )%
Tax reporting differences due to the reverse acquisition |  |  | — | % |  |  | 8 | %
Goodwill impairment and other permanent differences |  |  | (9 | )% |  |  | 15 | %
Increase in the valuation reserve |  |  | 47 | % |  |  | 15 | %
|  |  | 0 | % |  |  | 0 | %
Deferred income taxes reflect the net tax effects of temporary differences between the carrying amounts of assets and liabilities for financial reporting purposes and the amounts used for income tax purposes. Significant components of the Company's deferred tax assets and liabilities at June 30, 2012 and 2011 are as follows:
|  | 2012 |  |  | 2011 |
Deferred tax assets: |  |  |  |  |  |  |  |
Net operating loss carryforward |  | $ | 4,129,000 |  |  | $ | 3,993,000 |
Stock-based compensation |  |  | 383,000 |  |  |  | 174,000 |
Intangibles |  |  | 344,000 |  |  |  | 385,000 |
Miscellaneous accruals |  |  | 53,000 |  |  |  | 140,000 |
Property and equipment |  |  | 8,000 |  |  |  | 7,000 |
Valuation allowance |  |  | (4,917,000 | ) |  |  | (3,941,000 | )
Deferred tax assets |  |  | — |  |  |  | 758,000 |
Deferred tax liabilities: |  |  |  |  |  |  |  |
Accrued interest |  |  | — |  |  |  | (356,000 | )
Deferred gain on sale of EOIR |  |  | — |  |  |  | (402,000 | )
Deferred tax liabilities |  |  | — |  |  |  | (758,000 | )
Net deferred tax asset (liability) |  | $ | — |  |  | $ | — |
At June 30, 2012 and 2011, the Company had valuation allowances of $4,917,000 and $3,941,000, respectively. The Company has recorded a valuation allowance against deferred tax assets as management has determined certain net operating loss carryforwards will not be available due to Internal Revenue Code Section 382 ownership changes and the utilization of other net operating loss carryforwards is uncertain. The Company carried forward its deferred tax assets, liabilities and valuation reserve after the reverse acquisition because for tax purposes the Company acquired AccelPath, LLC as a subsidiary. Accordingly, in the year ended June 30, 2011, the valuation allowance increased by $441,000 from the amount previously reflected in the Company’s June 30, 2010 financial statements. The increases in the valuation allowance for the years ended June 30, 2012 and 2011was due to the Company’s net operating losses. At June 30, 2012, the Company has net operating loss carryforwards not subject to IRC Section 382 limitations of approximately $4,600,000 which begin to expire in 2024. During the years ended June 30, 2012 and 2011, the Company did not recognize any interest and penalties. Tax years subsequent to 2004 are subject to examination by federal and state authorities.

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- Definition The entire disclosure for income taxes. Disclosures may include net deferred tax liability or asset recognized in an enterprise's statement of financial position, net change during the year in the total valuation allowance, approximate tax effect of each type of temporary difference and carryforward that gives rise to a significant portion of deferred tax liabilities and deferred tax assets, utilization of a tax carryback, and tax uncertainties information. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 109 -Paragraph 136, 172 -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08.(h)) -URI http://asc.fasb.org/extlink&oid=6881521&loc=d3e23780-122690 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 08 -Paragraph h -Article 4 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 15 -URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32718-109319 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 109 -Paragraph 43, 44, 45, 46, 47, 48, 49 -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32537-109319 Reference 7: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 9 -URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32639-109319 Reference 8: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32559-109319 + Details
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