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2304302 - Disclosure - Significant Accounting Policies (Tables)
(http://www.escalonmed.com/role/SignificantAccountingPoliciesTables)
Table(Implied)
Slicers (applies to each fact value in each table cell)
Reporting Entity [Axis]0000862668 (http://www.sec.gov/CIK)
Accounting Policies [Abstract]Period [Axis]
2015-07-01 - 2016-06-30
Accounting Policies [Abstract]
 
Schedule of Composition of Inventory
The composition of inventory is as follows:

 
June 30,
 
2016
 
2015
Raw materials
$
1,093,526

 
$
1,111,730

Work in process
362,766

 
333,526

Finished goods
826,856

 
774,359

Total inventory
$
2,283,148

 
$
2,219,615

  
Schedule of Inventory Allowance
Valuation allowance activity for the years ended June 30, 2016 and 2015 was as follows:

 
June 30,
 
2016
 
2015
Balance, July 1
$
198,120

 
$
198,120

Provision for valuation allowance
—

 
—

Write-off
—

 
—

Balance, June 30
$
198,120

 
$
198,120

  
Schedule of Allowance for Doubtful Accounts
Allowance for doubtful accounts activity for the years ended June 30, 2016 and 2015 was as follows:
 
 
June 30,
 
2016
 
2015
Balance, July 1
$
230,544

 
$
311,713

Provision for bad debts
3,914

 
181,976

Write-offs
(31,791
)
 
(263,145
)
Balance, June 30
$
202,667

 
$
230,544

  
Schedule of Property, Plant and Equipment
Property and equipment consist of the following at:
 
June 30,
 
2016
 
2015
Equipment
$
695,311

 
$
638,667

Furniture and Fixtures
99,321

 
99,321

Leasehold Improvement
28,549

 
28,549

 
823,181

 
766,537

Less: Accumulated depreciation and amortization
(741,975
)
 
(718,524
)
 
$
81,206

 
$
48,013

  
Schedule of Reconcilliation of Denominator of Basic and Diluted Earnings per Shares
A reconciliation of the denominator of the basic and diluted earnings per share for the years ended June 30, 2016 and 2015 is as follows:
 
 
2016
 
2015
Basic Weighted average shares outstanding
7,541,013

 
7,526,430

Effect of dilutive securities—Stock options and warrants
—

 
—

Diluted weighted average shares outstanding
7,541,013

 
7,526,430