8. INCOME TAXES (Details 2) (USD $)
|
Jun. 30, 2013
|
Jun. 30, 2012
|
---|---|---|
Current Deferred Tax Assets | ||
Provision for annual leave | $ 14,813 | $ 12,630 |
Superannuation | 3,699 | 4,114 |
Total Current Deferred Tax Assets | 18,512 | 16,744 |
Current Deferred Tax Liabilities | ||
Prepaid Investor Services | ||
Prepaid expenses | ||
Prepaid insurance | ||
Accounts Payable/trade creditors | ||
Patent Costs | ||
Total Current Deferred Tax Liabilities | ||
Non-Current Deferred Tax Assets | ||
Prepaid Investor Services | 1,393,309 | 2,284,981 |
Capital Raising Costs | 27,752 | 30,870 |
Legal Costs | 28,337 | 30,948 |
Intellectual Property | 13,854 | 15,410 |
Patent Costs | 32,425 | 23,518 |
Formation Expense | 8,491 | 9,445 |
Net Operating Loss Carryover | 2,418,795 | 1,893,262 |
Foreign Exchange Loss (OCI) | 73,377 | 107,675 |
Total Non-Current Deferred Tax Assets | 3,996,340 | 4,396,109 |
Deferred Tax Valuation Allowance | (4,014,862) | (4,412,853) |
Total Non-Current Deferred Tax Assets | (18,512) | (16,744) |
Total Deferred Tax Assets (Net) |
X | ||||||||||
- Definition
Capital Raising Costs No definition available.
|
X | ||||||||||
- Definition
Foreign Exchange Loss (OCI) No definition available.
|
X | ||||||||||
- Definition
Formation Expense No definition available.
|
X | ||||||||||
- Definition
Intellectual Property No definition available.
|
X | ||||||||||
- Definition
Legal Costs No definition available.
|
X | ||||||||||
- Definition
Net Operating Loss Carryover No definition available.
|
X | ||||||||||
- Definition
PatentCosts No definition available.
|
X | ||||||||||
- Definition
PatentCosts1 No definition available.
|
X | ||||||||||
- Definition
PrepaidInsurance1 No definition available.
|
X | ||||||||||
- Definition
Prepaid Investor Services No definition available.
|
X | ||||||||||
- Definition
PrepaidInvestorServices1 No definition available.
|
X | ||||||||||
- Definition
Provision for annual leave No definition available.
|
X | ||||||||||
- Definition
Superannuation No definition available.
|
X | ||||||||||
- Definition
Total Deferred Tax Assets (Net) No definition available.
|
X | ||||||||||
- Definition
Total Non-Current Deferred Tax Assets No definition available.
|
X | ||||||||||
- Definition
TotalNoncurrentDeferredTaxAssets1 No definition available.
|
X | ||||||||||
- Definition
Carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Amount after allocation of valuation allowances of deferred tax asset attributable to deductible temporary differences and carryforwards, net of deferred tax liability attributable to taxable temporary differences. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Details
|
X | ||||||||||
- Definition
Amount after allocation of valuation allowances of deferred tax asset attributable to deductible temporary differences and carryforwards. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Details
|
X | ||||||||||
- Details
|
X | ||||||||||
- Definition
Amount of valuation allowances of deferred tax asset attributable to deductible temporary differences and carryforwards expected to be realized or consumed within one year or operating cycle, if longer. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Carrying amount as of the balance sheet date of expenditures made in advance of when the economic benefit of the cost will be realized, and which will be expensed in future periods with the passage of time or when a triggering event occurs. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|