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Stock-Based Compensation (Tables)
3 Months Ended
Sep. 30, 2022
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, 2022

 

926,225

 

 

4.14

 

 

6.60

 

 

1,249

 

1.60

 

 

Exercised

 

(2,000)

 

 

3.07

 

 

-

 

 

1

 

-

 

 

 

Outstanding - September 30, 2022

 

924,225

 

 

4.14

 

 

6.36

 

 

226

 

1.60

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Outstanding - June 30, 2021

 

1,294,832

 

 

3.93

 

 

7.68

 

 

1,624

 

1.45

 

 

Forfeited

 

(85,000)

 

 

3.48

 

 

 

 

 

 

 

1.34

 

 

 

Outstanding - September 30, 2021

 

1,209,832

 

 

3.96

 

 

7.63

 

 

1,445

 

1.46

 

 

 

 

 

 

 

Number of

shares

 

 

Weighted average exercise price

($)

 

 

Weighted average remaining contractual term

(in years)

 

 

Aggregate intrinsic value

($’000)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Vested and expecting to vest - September 30, 2022

 

 

924,225

 

 

4.14

 

 

6.36

 

 

226

 

 

 

 

 

 

 

 

Number of

shares

 

 

Weighted average exercise price

($)

 

 

Weighted average remaining contractual term

(in years)

 

 

Aggregate intrinsic value

($’000)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Exercisable - September 30, 2022

 

 

378,674

 

 

5.01

 

 

5.19

 

 

35

 

Restricted Stock Activity

 

 

 

 

 

 

 

Number of shares of restricted stock

 

 

 

Weighted average grant date fair value

($’000)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Non-vested – June 30, 2022

 

 

2,385,267

 

 

 

11,879

 

 

 

 

Total granted

 

 

212,080

 

 

 

1,167

 

 

 

 

 

Granted – July 2022

 

 

32,582

 

 

 

172

 

 

 

 

 

Granted – August 2022

 

 

179,498

 

 

 

995

 

 

 

 

Total vested

 

 

(78,801)

 

 

 

410

 

 

 

 

 

Vested – July 2022

 

 

(78,801)

 

 

 

410

 

 

 

 

 

Non-vested – September 30, 2022

 

 

2,518,546

 

 

 

12,568

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Non-vested – June 30, 2021

 

 

384,560

 

 

 

1,123

 

 

 

 

Total Granted

 

 

279,594

 

 

 

1,155

 

 

 

 

 

Granted – July 2021

 

 

234,608

 

 

 

963

 

 

 

 

 

Granted – August 2021

 

 

44,986

 

 

 

192

 

 

 

 

 

 

Non-vested – September 30, 2021

 

 

664,154

 

 

 

2,610

 

 

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 September 30, 2022

 

 

 

 

 

 

 

 

 

 

 

 

 

Stock-based compensation charge

 

$

1,462

 

$

-

 

$

1,462

 

 

 

 

 

Total - three months ended September 30, 2022

 

$

1,462

 

$

-

 

$

1,462

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three months ended September 30, 2021

 

 

 

 

 

 

 

 

 

 

 

 

 

Stock-based compensation charge

 

$

344

 

$

-

 

$

344

 

 

 

 

Reversal of stock compensation charge related to stock options and restricted stock forfeited

 

 

(35)

 

 

-

 

 

(35)

 

 

 

 

 

Total - three months ended September 30, 2021

 

$

309

 

$

-

 

$

309