v2.4.0.6

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details Textual) (USD $) | 3 Months Ended | 12 Months Ended
--- | --- | ---
Sep. 30, 2011 | Jun. 30, 2011 | Jun. 30, 2012 | Jun. 30, 2011
Allowance for Doubtful Accounts Receivable |  | $ 329,000 | $ 1,450 | $ 329,000
Allowance for Doubtful Accounts Receivable, Charge-offs |  |  | 10,450 | 320,000
Depreciation, Depletion and Amortization |  |  | 4,424 | 1,249
Finite-Lived Intangible Assets, Gross |  |  | 350,000 |
Finite Lived Intangible Assets Amortization Period |  |  | 2 years |
Amortization of customer contracts |  |  | 175,000 | 58,332
Customer contracts impairment loss |  |  | 116,668 | 0
Goodwill |  | 1,200,000 |  | 1,200,000
Goodwill impairment loss | 48,158 | 1,200,000 | 48,158 | 1,161,215
Licenses Revenue |  |  | 120,000 |
Service [Member] |  |  |  |
Accounts Receivable, Gross |  | 73,118 | 40,942 | 73,118
Government Contract [Member] |  |  |  |
Accounts Receivable, Gross |  | $ 155,376 |  | $ 155,376

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- Definition The aggregate expense charged against earnings to allocate the cost of intangible assets (nonphysical assets not used in production) in a systematic and rational manner to the periods expected to benefit from such assets. As a noncash expense, this element is added back to net income when calculating cash provided by or used in operations using the indirect method. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 142 -Paragraph 45 -Subparagraph a(2) -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.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 230 -SubTopic 10 -Section 45 -Paragraph 28 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=6943989&loc=d3e3602-108585 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 45 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6388964&loc=d3e16225-109274 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 2 -Subparagraph (a)(2) -URI http://asc.fasb.org/extlink&oid=7658586&loc=d3e16323-109275 + Details
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- Definition Revenue earned during the period relating to consideration received from another party for the right to use, but not own, certain of the entity's intangible assets. Licensing arrangements include, but are not limited to, rights to use a patent, copyright, technology, manufacturing process, software or trademark. Licensing fees are generally, but not always, fixed as to amount and not dependent upon the revenue generated by the licensing party. An entity may receive licensing fees for licenses that also generate royalty payments to the entity. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 225 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03.1(e)) -URI http://asc.fasb.org/extlink&oid=6880815&loc=d3e20235-122688 + Details
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