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SHAREHOLDERS' EQUITY AND STOCK-BASED COMPENSATION (Tables)
6 Months Ended
Dec. 31, 2024
SHAREHOLDERS' EQUITY AND STOCK-BASED COMPENSATION [Abstract]  
Stock-Based Compensation
The following table summarizes the components of the Company’s stock-based compensation included in net income for the periods presented:

   
Three Months Ended
December 31,
   
Six Months Ended
December 31,
 
   
2024
   
2023
   
2024
   
2023
 
Employee stock options
 
$
30,981
   
$
67,174
   
$
74,403
   
$
118,618
 
Totals
 
$
30,981
   
$
67,174
   
$
74,403
   
$
118,618
 
Stock Option Activity The following is a summary of the stock option activity for the six months ended December 31, 2024:


 
Shares
   
Weighted
Average
Exercise Price
 
Outstanding, June 30, 2024
   
268,064
   
$
8.14
 
Granted
   
2,000
   
$
1.79
 
Forfeited
   
(6,778
)
 
$
5.77
 
Expired
   
(33,464
)
 
$
6.99
 
Outstanding, December 31, 2024
   
229,822
   
$
8.32
 
Stock Options Outstanding
The following table summarizes information about stock options outstanding at December 31, 2024:

Options Outstanding
   
Options Exercisable
   
Options Vested or Expected to Vest
 
Balance
as of
12/31/2024
   
Weighted
Average Remaining
Contractual Life
(Years)
   
Weighted
Average
Exercise
Price
   
Balance
as of
12/31/2024
   
Weighted
Average Remaining
Contractual Life
(Years)
   
Weighted
Average
Exercise
Price
   
Balance
as of
12/31/2024
   
Weighted
Average Remaining
Contractual Life
(Years)
   
Weighted
Average
Exercise
Price
 
 
229,822
     
6.44
   
$
8.32
     
213,883
     
6.27
   
$
8.55
     
227,208
     
6.41
   
$
8.37