Common Stock Incentive, Stock Purchase Plans and Other Compensation Plans (Tables)

9 Months Ended

Mar. 31, 2017

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

Schedule of stock option activity

The Company’s stock option activity for the nine months ended March 31, 2017, is as follows:

	Shares		Weighted Average Exercise Price
Outstanding at June 30, 2016	957,750		$	1.18
Granted	220,000		1.67
Exercised	—		—
Canceled or expired	(10,000	)	3.20
Outstanding at March 31, 2017	1,167,750		$	1.25

Schedule of stock options by exercise price

The table below details the Company’s stock options outstanding as of March 31, 2017:

Range of exercise prices	Number Outstanding	Options Outstanding Weighted- Average Remaining Contractual Life (years)	Weighted- Average Exercise Price		Number Exercisable	Options Exercisable Weighted- Average Exercise Price
$0.32 – 0.71	432,750	3.40	$	0.60	432,750	$	0.60
$1.20 – 1.67	650,000	7.65	1.44		430,000	1.32
$3.20 – 3.20	85,000	8.02	3.20		37,669	3.20
$0.32 – 3.20	1,167,750	6.10	$	1.25	900,419	$	1.05

Schedule of restricted stock activity

The Company’s restricted stock activity for the nine months ended March 31, 2017, was as follows:

	Shares (in thousands)	Weighted Average Grant-Date Fair Value
Outstanding at June 30, 2016	154	$	3.07
Granted	258	1.73
Vested	—	—
Canceled or expired	10	2.23
Outstanding at March 31, 2017	402	$	2.34