Quarterly report pursuant to Section 13 or 15(d)

Incentive and Non-Statutory Stock Option Plan (Tables)

v3.4.0.3
Incentive and Non-Statutory Stock Option Plan (Tables)
 9 Months Ended
Mar. 31, 2016
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:

 

OPTIONS:

 

    # of shares     Weighted Ave Exericse Price     Weighted Average Remaining Contractual Life (in years)     Aggregated Intrinsic Value  
Outstanding and exercisable, June 30, 2015     708,133     $ 6.84       1.22     $ 572,352  
Granted     152,024     $ 4.50                  
Exercised     (122,024 )   $ 4.40                  
Expired / Cancelled     (11,000 )   $ 23.41                  
Outstanding and exercisable, March 31, 2016     727,133     $ 6.51       0.49     $ 961,544  
                                 
WARRANTS:                                
Outstanding and exercisable, June 30, 2015     163,124     $ 7.29       1.22     $ -  
Granted / adjusted     -       -                  
Exercised     -       -                  
Expired     -       -                  
Outstanding and exercisable, March 31, 2016     163,124     $ 7.29       0.48     $ 11,084  

Summary of Stock Options and Warrants Outstanding and Exercisable

The following table summarizes information about stock options and warrants outstanding and exercisable at March 31, 2016.

 

Exercise Price   Number Outstanding and Exercisable     Weighted Average Remaining Contractual Life     Weighted Ave Exericse Price  
OPTIONS:                        
$0.10 - $9.90     664,133       0.51     $ 4.85  
$10.00 - $19.90     8,000       0.33     $ 17.69  
$20.00 - $29.90     55,000       0.17     $ 25.00  
Totals     727,133       0.49     $ 6.51  
                         
WARRANTS:                        
$5.00 - $7.50     163,124       0.48     $ 7.29  
Totals     163,124       0.48     $ 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     859,000     $ 5.90  
Vested     (141,167 )   $ 5.36  
Unvested, March 31, 2016     724,500     $ 6.00