Stock-Based Compensation (Tables)

9 Months Ended

Mar. 31, 2021

Stock-Based Compensation [Abstract]

Summarized Stock Option Activity

			Number of shares	Weighted average exercise price ($)	Weighted average remaining contractual term (in years)	Aggregate intrinsic value ($'000)	Weighted average grant date fair value ($)
Outstanding - June 30, 2020			1,331,651	5.83	7.56	-	2.01
	Granted - August 2020		150,000	3.50	3.00	166	1.11
	Granted - November 2020		560,000	3.01	10.00	691	1.23
	Exercised		(17,335)	3.07	-	35	-
	Forfeited		(466,033)	7.12	-	-	2.31
		Outstanding - March 31, 2021	1,558,283	4.24	7.80	2,860	1.56
Outstanding - June 30, 2019			864,579	7.81	7.05	-	2.62
	Granted – October 2019		561,000	3.07	10.00	676	1.20
	Forfeited		(93,928)	7.50	-	-	2.81
		Outstanding - March 31, 2020	1,331,651	5.83	7.83	-	2.01

	Number of shares	Weighted average exercise price ($)	Weighted average remaining contractual term (in years)	Aggregate intrinsic value ($’000)
Vested and expecting to vest - March 31, 2021	1,558,283	4.24	7.80	2,860

	Number of shares	Weighted average exercise price ($)	Weighted average remaining contractual term (in years)	Aggregate intrinsic value ($’000)
Exercisable - March 31, 2021	460,798	6.46	6.86	345

Range Of Assumptions Used To Value Options Granted

	Nine months ended
	March 31,
		2021		2020
Expected volatility		62	%	57	%
Expected dividends		0	%	0	%
Expected life (in years)		3		3
Risk-free rate		0.19	%	1.57	%

Restricted Stock Activity

				Number of shares of restricted stock	Weighted average grant date fair value ($’000)
Non-vested – June 30, 2020				1,115,500	5,354
	Total vested			(311,300)	(1,037)
		Vested – August 2020		(244,500)	(812)
		Vested – September 2020 - accelerated vesting		(66,800)	(225)
Forfeitures				(510,200)	(1,766)
		Non-vested – March 31, 2021		294,000	994
Non-vested – June 30, 2019				583,908	3,410
		Granted – February 2020		568,000	2,300
Total vested				(18,908)	70
		Vested – March 2020		(11,408)	42
		Vested – March 2020 - accelerated vesting		(7,500)	28
	Forfeitures			(17,500)	65
			Non-vested – March 31, 2020	1,115,500	5,354

Recorded Net Stock Compensation Charge

			Total charge		Allocated to cost of goods sold, IT processing, servicing and support		Allocated to selling, general and administration
Three months ended March 31, 2021
	Stock-based compensation charge		$	245	$	-	$	245
		Total - three months ended March 31, 2021	$	245	$	-	$	245
Three months ended March 31, 2020
	Stock-based compensation charge		$	492	$	-	$	492
	Reversal of stock compensation charge related to stock options and restricted stock forfeited			(145)		-		(145)
		Total - three months ended March 31, 2020	$	347	$	-	$	347

			Total charge		Allocated to cost of goods sold, IT processing, servicing and support		Allocated to selling, general and administration
Nine months ended March 31, 2021
	Stock-based compensation charge		$	1,173	$	-	$	1,173
	Reversal of stock compensation charge related to stock options and restricted stock forfeited			(297)		-		(297)
		Total - nine months ended March 31, 2021	$	876	$	-	$	876
Nine months ended March 31, 2020
	Stock-based compensation charge		$	1,315	$	-	$	1,315
	Reversal of stock compensation charge related to stock options and restricted stock forfeited			(145)		-		(145)
		Total - nine months ended March 31, 2020	$	1,170	$	-	$	1,170