Quarterly report pursuant to Section 13 or 15(d)

Incentive and Non-Statutory Stock Option Plan (Details Narrative)

v3.4.0.3
Incentive and Non-Statutory Stock Option Plan (Details Narrative) - USD ($)
3 Months Ended 9 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Mar. 31, 2016
Mar. 31, 2015
Compensation expense $ 368,674 $ 517,068 $ 694,693 $ 1,119,721
Compensation expense related to unvested Stock grants $ 4,350,330   4,350,330  
Employees [Member]        
Compensation expense     $ 145,716  
Number of stock options granted     152,024  
Fair value assumption of risk-free interest rate, minimum     0.01%  
Fair value assumption of risk-free interest rate, maximum     0.02%  
Fair value assumption of expected volatility, minimum     41.65%  
Fair value assumption of expected volatility, maximum     47.89%  
Fair value assumption of expected dividend     0.00%  
Employees [Member] | Minimum [Member]        
Stock option exercise price per share $ 4.14   $ 4.14  
Stock option expiration date     3 months  
Fair value assumption of expected life     3 months  
Employees [Member] | Maximum [Member]        
Stock option exercise price per share $ 4.92   $ 4.92  
Stock option expiration date     5 months  
Fair value assumption of expected life     5 months