• Filing Date: 2013-09-27
  • Form Type: 10-K
  • Description: Annual report
v2.4.0.8
5. FAIR VALUE MEASUREMENTS (Details) (USD $)
Jun. 30, 2013
Jun. 30, 2012
Cash equivalents, fair value disclosure $ 21,533,838  
Quoted prices in active markets (Level 1)
   
Cash equivalents, fair value disclosure 21,533,344  
Other quoted/observable inputs (Level 2)
   
Cash equivalents, fair value disclosure     
Significant unobservable inputs (Level 3)
   
Cash equivalents, fair value disclosure     
Money Market Funds
   
Cash equivalents, fair value disclosure 16,284,184 3,344,146
Money Market Funds | Quoted prices in active markets (Level 1)
   
Cash equivalents, fair value disclosure 16,284,184 3,344,146
Money Market Funds | Other quoted/observable inputs (Level 2)
   
Cash equivalents, fair value disclosure      
Money Market Funds | Significant unobservable inputs (Level 3)
   
Cash equivalents, fair value disclosure      
US Government Securities
   
Cash equivalents, fair value disclosure     
US Government Securities | Quoted prices in active markets (Level 1)
   
Cash equivalents, fair value disclosure 5,249,160  
US Government Securities | Other quoted/observable inputs (Level 2)
   
Cash equivalents, fair value disclosure     
US Government Securities | Significant unobservable inputs (Level 3)
   
Cash equivalents, fair value disclosure