| Income Tax Disclosure [Abstract] | Period [Axis] |
|---|
2015-07-01 - 2016-06-30 |
|---|
Income Tax Disclosure [Abstract] | |
Schedule of Income tax provision from continuing operations |
| | |
Year
Ended June 30, | |
| | |
2016 | | |
2015 | |
| Current income tax expense (benefit): | |
| | | |
| | |
| Federal | |
$ | 19,343 | | |
$ | (40,659 | ) |
| State | |
| (32,715 | ) | |
| 800 | |
| | |
| (13,372 | ) | |
| (39,859 | ) |
| Deferred income tax expense (benefit): | |
| | | |
| | |
| Federal | |
| 350,958 | | |
| (237,769 | ) |
| State | |
| – | | |
| – | |
| Foreign | |
| (302,653 | ) | |
| 189,356 | |
| | |
| 48,305 | | |
| (48,413 | ) |
| Provision (benefit) for income taxes | |
$ | 34,933 | | |
$ | (88,272 | ) |
|
Schedule of effective income tax rate |
| | |
Year
Ended June 30, | |
| | |
2016 | | |
2015 | |
| Federal tax provision, at statutory rate of 34% | |
$ | 751,773 | | |
$ | 170,323 | |
| State tax, net of federal tax benefit | |
| 800 | | |
| 528 | |
| Nondeductible expenses | |
| (16,619 | ) | |
| 48,245 | |
| R&D credits | |
| (43,664 | ) | |
| (140,829 | ) |
| Uncertain tax position | |
| – | | |
| 1,360 | |
| Foreign rate difference | |
| (33,828 | ) | |
| (82,162 | ) |
| Other | |
| (72,803 | ) | |
| (85,737 | ) |
| Change in valuation allowance | |
| (550,726 | ) | |
| – | |
| Provision (benefit) for income taxes | |
$ | 34,933 | | |
$ | (88,272 | ) |
|
Schedule of deferred tax assets |
| | |
June
30, 2016 | | |
June
30, 2015 | |
| Deferred tax asset: | |
| | | |
| | |
| Net operating losses | |
$ | 1,716,980 | | |
$ | 1,773,959 | |
| State tax | |
| 272 | | |
| (272 | ) |
| Intangibles | |
| 19,993 | | |
| 151,643 | |
| Tax credits | |
| 425,011 | | |
| 56,934 | |
| Other, net | |
| 111,732 | | |
| 142,191
| |
| Total deferred tax assets | |
| 2,273,988 | | |
| 2,124,455
| |
| Deferred tax liabilities: | |
| | | |
| | |
| Fixed asset | |
| (16,600 | ) | |
| – | |
| Intangibles | |
| (38,535 | ) | |
| – | |
| Total deferred tax liabilities | |
| (55,135 | ) | |
| – | |
| Less valuation allowance | |
| (200,117 | ) | |
| (57,206
| ) |
| Net deferred tax asset | |
$ | 2,018,736 | | |
$ | 2,067,249 | |
|
Schedule of unrecognized tax benefits |
| Balance as of June 30, 2014 | |
$ | 60,135 | |
| Gross increase or (decrease) | |
| 74,684 | |
| Reversal of reserve on unrecognized tax benefits | |
| (4,355 | ) |
| Balance as of June 30, 2015 | |
| 130,464 | |
| Gross increase or (decrease) | |
| 38,059 | |
| Balance as of June 30, 2016 | |
$ | 168,523 | |
|