WARRANTS

12 Months Ended

Jun. 30, 2018

Stockholders' Equity Note [Abstract]

WARRANTS

NOTE 10 - WARRANTS

On August 7, 2017, 220,000 warrants were issued in connection with a professional services agreement. The warrants are exercisable at $0.40 per share and vest upon the satisfaction of certain performance targets prior to March 31, 2018. As of March 31, 2018, 40,000 warrants vested and expire in March 2021, and the remaining 180,000 warrants did not vest as the result of not achieving certain performance targets, and therefore expired in March 2018.

On June 22, 2017, 357,500 warrants were issued in connection with the Underwriting Agreement entered into with Roth Capital Partners, LLC as part of underwriting compensation which provided for the sale of $2.5 million of Common Stock on June 22, 2017. The warrants are exercisable at $0.42 per share and expire in June 2022.

Information with respect to warrant activity is as follows:

	Number of ‎Warrants			Weighted ‎Average ‎Exercise Price ‎Per Share
Balance at June 30, 2016		2,655,610		$	1.43
Warrants granted		357,500			0.42
Warrants exercised		(45,000	)		0.37
Warrants expired		(2,610,610	)		1.45
Balance at June 30, 2017		357,500			0.42
Warrants granted		220,000			0.40
Warrants expired		(180,000	)		0.40
Balance at June 30, 2018		397,500			0.42