Quarterly report pursuant to Section 13 or 15(d)

Incentive and Non-statutory Stock Option Plan (Tables)

v3.8.0.1
Incentive and Non-statutory Stock Option Plan (Tables)
 9 Months Ended
Mar. 31, 2018
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Schedule of Common Stock Purchase Options and Warrants

OPTIONS:

 

    # of shares     Weighted Ave Exercise Price     Weighted Average Remaining Contractual Life (in years)     Aggregated Intrinsic Value  
                         
Outstanding and exercisable, June 30, 2016     610,133     $ 4.90       0.99     $ 799,030  
Granted     79,838     $ 4.53                  
Exercised     (84,838 )   $ 4.49                  
Expired / Cancelled     (130,000 )   $ 7.50                  
Outstanding and exercisable, June 30, 2017     475,133     $ 4.20       1.05     $ 8,413  
Granted     -       -                  
Exercised     (35,773 )   $ 3.88                  
Expired / Cancelled     (1,000 )   $ 16.00                  
Outstanding and exercisable, March 31, 2018     438,360     $ 4.20       0.32     $ 319,465  

Summary of Stock Options and Warrants Outstanding and Exercisable

The following table summarizes information about stock options outstanding and exercisable at March 31, 2018.

 

Exercise Price   Number Outstanding and Exercisable     Weighted Average Remaining Contractual Life     Weighted Ave Exercise Price  
OPTIONS:                  
                   
$ 3.88     384,898       0.25     $ 3.88  
$ 6.50     53,462       0.85     $ 6.50  
Totals     438,360       0.32     $ 4.20  

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, 2016     630,228     $ 6.07  
Granted     222,146     $ 5.92  
Forfeited / Cancelled     (5,000 )   $ 5.55  
Vested     (427,175 )   $ 5.90  
Unvested, June 30, 2017     420,199     $ 6.07  
Granted     20,000     $ 4.25  
Vested     (196,515 )   $ 6.15  
Unvested, March 31, 2018     243,684     $ 6.02