Quarterly report pursuant to Section 13 or 15(d)

Incentive and Non-Statutory Stock Option Plan (Tables)

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Incentive and Non-Statutory Stock Option Plan (Tables)
6 Months Ended
Dec. 31, 2015
Incentive And Non-statutory Stock Option Plan  
Schedule of Common Stock Purchase Options and Warrants

Common stock purchase options and warrants consisted of the following:

 

 

    # of shares     Weighted Ave Exericse Price     Weighted Average Remaining Contractual Life (in years)     Aggregated Intrinsic Value  
OPTIONS:                         
Outstanding and exercisable, June 30, 2015     708,133     $ 6.84       1.22     $ 572,352  
Granted     152,024     $ 4.50                  
Exercised     (47,024 )   $ 4.14                  
Expired / Cancelled     (11,000 )   $ 23.41                  
Outstanding and exercisable, December 31, 2015     802,133     $ 6.33       0.69     $ 2,141,466  
                                 
WARRANTS:                                
Outstanding and exercisable, June 30, 2015     163,124     $ 7.29       1.22     $ -  
Granted / adjusted     -       -                  
Exercised     -       -                  
Expired     -       -                  
Outstanding and exercisable, December 31, 2015     163,124     $ 7.29       0.72     $ 30,567  
Summary of Stock Options and Warrants Outstanding and Exercisable

The following table summarizes information about stock options and warrants outstanding and exercisable at December 31, 2015.

 

Exercise Price     Number
Outstanding
and
Exercisable
    Weighted
Average
Remaining
Contractual Life
    Weighted
Ave
Exercise
Price
 
OPTIONS:                          
$0.10 - $9.90       739,133       0.71     $ 4.82  
$10.00 - $19.90       8,000       0.58     $ 17.69  
$20.00 - $29.90       55,000       0.42     $ 25.00  
Totals       802,133       0.69     $ 6.33  
                           
WARRANTS:                          
$5.00 - $7.50       163,124       0.72     $ 7.29  
Totals       163,124       0.72     $ 7.29  
Summary of Unvested Stock Grants Awarded as Compensation

The following table summarizes stock grants awarded as compensation:

 

    # of shares     Weighted
Average Grant
Date Fair Value ($)
 
             
Unvested, June 30, 2014     232,000     $ 3.88  
Granted     113,275     $ 3.26  
Vested     (338,608 )   $ 3.60  
Unvested, June 30, 2015     6,667     $ 6.00  
Granted     254,000     $ 5.06  
Vested     (63,500 )   $ 5.13  
Unvested, December 31, 2015     197,167     $ 5.07