Stock-Based Compensation (Tables)

9 Months Ended

Mar. 31, 2025

Stock-Based Compensation [Abstract]

Summary of Phantom Stock Option Activity and Related Information

A summary of the Company’s phantom stock option activity and related information for the Plan for the three and nine months ended March 31, 2025 and 2024 were as follows:

	Three months ended March 31,			Nine months ended March 31,
		2025	2024		2025		2024
Number of options outstanding, beginning of period		1,873,590	2,317,535		2,253,535		2,535,840
Options granted		-	-		651,595		672,095
Options forfeited		-	-		(12,000	)	-
Options paid in cash upon vesting		-	-		(1,019,540	)	(890,400	)
Number of options outstanding, end of period		1,873,590	2,317,535		1,873,590		2,317,535

		Three months ended March 31,				Nine months ended March 31,
(In thousands)		2025		2024		2025		2024
Cash paid out on options vested	$	-	$	-	$	4,249	$	4,051
Compensation expense recognized	$	809	$	908	$	2,053	$	2,302