Income Taxes (Tables)
 12 Months Ended
Jun. 30, 2013
Income Tax Disclosure [Abstract]  
Schedule of Components of Income Tax Expense (Benefit) [Table Text Block]
The provision for income taxes consists of the following for the years ended June 30, 2013 and 2012:
 
 
 
June 30,
2013
 
June 30,
2012
 
Current
 
 
 
 
 
 
 
Federal
 
$
-
 
$
-
 
State
 
 
(1,671)
 
 
27,894
 
Deferred
 
 
 
 
 
 
 
Federal
 
 
-
 
 
-
 
Foreign
 
 
-
 
 
(350,000)
 
State
 
 
-
 
 
-
 
Provision for income tax expense (benefit)
 
$
(1,671)
 
$
(322,106)
 
Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]
                The reconciliation of the effective income tax rate to the federal statutory rate is as follows:
 
 
 
Years Ended June 30,
 
 
 
2013
 
2012
 
Federal income tax rate
 
 
34.0
%
 
(34.0)
%
State tax, net of federal benefit
 
 
(5.0)
%
 
(5.0)
%
Permanent differences
 
 
625.0
%
 
64.0
%
Effect of reversal of deferred tax liability
 
 
-
%
 
(4.7)
%
Change in valuation allowance
 
 
(655.0)
%
 
(25.0)
%
Other
 
 
-
%
 
-
%
Effective income tax rate
 
 
(1.0)
%
 
(4.7)
%
Schedule of Deferred Tax Assets and Liabilities [Table Text Block]
Significant components of the Company's deferred tax assets and liabilities at June 30, 2013 and 2012 are as follows:
 
 
 
June 30,
2013
 
June 30,
2012
 
Deferred tax assets:
 
 
 
 
 
 
 
Federal net operating loss carryforward
 
$
2,440,048
 
$
2,369,983
 
State net operating loss carryforward
 
 
526,613
 
 
509,556
 
Intangibles amortization
 
 
235,956
 
 
212,680
 
Stock based compensation
 
 
731,316
 
 
599,884
 
Other
 
 
98,602
 
 
64,602
 
Total deferred tax assets
 
 
4,032,535
 
 
3,756,705
 
Deferred tax liability
 
 
 
 
 
 
 
Intangible Assets
 
 
-
 
 
-
 
Fixed asset depreciation
 
 
22,022
 
 
(1,566)
 
Net deferred tax assets
 
 
4,054,557
 
 
3,755,139
 
Less valuation allowance
 
 
(4,054,557)
 
 
(3,755,139)
 
 
 
$
-
 
$
-