Incentive and Non-statutory Stock Option Plan
|9 Months Ended|
Mar. 31, 2020
|Share-based Payment Arrangement [Abstract]|
|Incentive and Non-statutory Stock Option Plan||
NOTE 18 - INCENTIVE AND NON-STATUTORY STOCK OPTION PLAN
Common stock purchase options consisted of the following:
During the nine months ended March 31, 2020, 40,386 options outstanding and exercisable, became expired.
The following table summarizes stock grants awarded as compensation:
For the three and nine months ended March 31, 2020, the Company recorded compensation expense of $236,702 and $565,287, respectively. For the three and nine months ended March 31, 2019, the Company recorded compensation expense of $110,939 and $980,682, respectively. The compensation expense related to the unvested stock grants as of March 31, 2019 was $539,603 which will be recognized during the fiscal years 2020 through 2022.
The entire disclosure for share-based payment arrangement.
Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef