9. EMPLOYEE/DIRECTOR EQUITY INCENTIVE PLANS (Tables)

6 Months Ended

Dec. 31, 2013

Employeedirector Equity Incentive Plans Tables

Stock option activity under the employee and director plans

	Number of Options			Weighted Average Exercise Price		Average Remaining Contractual Life (in years)
Balance at July 1, 2012		847,813		$	6.25
Options granted		142,710			1.90
Options forfeited		(205,239	)		5.05
Balance at June 30, 2013		785,284			5.75		5.34
Options granted		245,200			0.79
Options forfeited		(11,301	)		2.61
Balance at December 31, 2013		1,019,183		$	4.61		5.53

Assumptions were used to estimate the fair value of options

	Six months ended December 31,
	2013			2012
Expected life of option (years)		4			4
Risk-free interest rate		0.95 - 1.20	%		0.46 - 0.60	%
Assumed volatility		94 - 155	%		100 - 104	%
Expected dividend rate		0	%		0	%
Expected forfeiture rate		5.16 - 5.62	%		4.19 - 6.66	%

Summary of the status of unvested employee stock options

	Number of  Options			Weighted Average Grant Date Fair Value Per Share		Average Remaining Contractual Life (in years)
Balance at July 1, 2012		449,499		$	4.70
Granted		142,699			1.90
Vested		(158,384	)		4.75
Forfeited		(171,147	)		4.20
Balance at June 30, 2013		262,668			3.44
Granted		245,200			0.79
Vested		(66,307	)		2.73
Forfeited		(3,032	)		2.06
Balance at December 31, 2013		438,529		$	2.08	4.40

Status of restricted stock unit balances

	Number of Restricted Stock Units			Weighted Average Valuation Price Per Unit
Balance at July 1, 2012		489,687		$	3.60
RSUs granted		970,000			1.30
RSUs forfeited		(320,000	)		1.30
Shares issued		(8,000	)		1.70
Balance at June 30, 2013		1,131,687			2.30
RSUs granted		460,696			0.79
RSUs forfeited		(400,000	)		1.45
Shares issued		(22,785	)		0.79
Balance at December 31, 2013		1,169,598		$	2.01