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EMPLOYEE AND DIRECTOR EQUITY INCENTIVE PLANS (Tables)
12 Months Ended
Jun. 30, 2018
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Schedule Of Share Based Payment Award Stock Options Valuation Assumptions
The following assumptions were used to estimate the fair value of stock options granted during the years ended June 30, 2018 and June 30, 2017 using the Black-Scholes option-pricing model:
 
  
Year ended June 30,
 
  
2018
  
2017
 
Expected life of option (years)  4   4 
Risk-free interest rate  
1.59 - 2.71%
   
1.14 - 1.7%
 
Assumed volatility  
95.51 - 113.98%
   
107.7 - 113.55%
 
Expected dividend rate  0.00%  0.00%
Expected forfeiture rate  
6.15 - 21.29%
   
6.23 - 9.18%
 
Schedule Of Share Based Compensation Stock Options Activity
Information with respect to stock option activity is as follows:
 
 
 
Number

‎
of

‎
Options
 
 
Weighted

‎
Average

‎
Exercise Price
 
 
Average

‎
Remaining

‎
Contractual Life

‎
(in years)
 
Balance at June 30, 2016
 
 
6,111,360
 
 
$
0.88
 
 
 
6.96
 
Options granted
 
 
2,654,100
 
 
 
0.59
 
 
 
 
 
Options exercised
 
 
(124,252
)
 
 
0.56
 
 
 
 
 
Options forfeited
 
 
(391,910
)
 
 
2.55
 
 
 
 
 
Balance at June 30, 2017
 
 
8,249,298
 
 
 
0.71
 
 
 
6.50
 
Options granted
 
 
1,407,000
 
 
 
0.40
 
 
 
 
 
Options forfeited
 
 
(2,781,483
)
 
 
0.71
 
 
 
 
 
Balance at June 30, 2018
 
 
6,874,815
 
 
 
0.65
 
 
 
5.87
 
Disclosure Of Share Based Compensation Arrangements By Share Based Payment Award
The following table summarizes information relating to the stock options outstanding as of June 30, 2018:
 
 
 
Outstanding
 
 
Exercisable
 
Range of Exercise Prices
 
Number

‎
of

‎
Options
 
 
Average

‎
Remaining

‎
Contractual Life

‎
(in years)
 
 
Weighted

‎
Average

‎
Exercise

‎
Price
 
 
Number

‎
of

‎
Options
 
 
Average

‎
Remaining

‎
Contractual Life

‎
(in years)
 
 
Weighted

‎
Average

‎
Exercise

‎
Price
 
$0.28 to $1.00
 
 
6,140,365
 
 
 
6.10
 
 
$
0.50
 
 
 
3,070,032
 
 
 
5.57
 
 
$
0.52
 
$1.01 to $2.50
 
 
645,000
 
 
 
4.31
 
 
 
1.47
 
 
 
533,000
 
 
 
4.17
 
 
 
1.56
 
$2.51 to $5.00
 
 
40,200
 
 
 
1.42
 
 
 
3.93
 
 
 
40,200
 
 
 
1.42
 
 
 
3.93
 
$5.01 to $6.95
 
 
49,250
 
 
 
1.24
 
 
 
5.71
 
 
 
49,250
 
 
 
1.24
 
 
 
5.71
 
Balance at June 30, 2018
 
 
6,874,815
 
 
 
5.87
 
 
 
0.65
 
 
 
3,692,482
 
 
 
5.26
 
 
 
0.77
 
Schedule Of Unrecognized Compensation Cost Nonvested Awards
Information with respect to unvested employee stock option activity is as follows:
 
 
 
Number

‎
of 

‎
Options
 
 
Weighted

‎
Average

‎
Grant Date

‎
Fair Value

‎
Per Share
 
 
Average

‎
Remaining

‎
Contractual Life

‎
(in years)
 
Balance at June 30, 2016
 
 
4,852,367
 
 
$
0.54
 
 
 
7.42
 
Options granted
 
 
2,654,100
 
 
 
0.59
 
 
 
 
 
Options vested
 
 
(2,110,085
)
 
 
0.57
 
 
 
 
 
Options forfeited
 
 
(199,284
)
 
 
0.80
 
 
 
 
 
Balance at June 30, 2017
 
 
5,197,098
 
 
 
0.54
 
 
 
6.93
 
Options granted
 
 
1,407,000
 
 
 
0.40
 
 
 
 
 
Options vested
 
 
(1,581,266
)
 
 
0.56
 
 
 
 
 
Options forfeited
 
 
(1,840,499
)
 
 
0.48
 
 
 
 
 
Balance at June 30, 2018
 
 
3,182,333
 
 
 
0.51
 
 
 
6.57
 
Schedule Of Share Based Compensation Restricted Stock Units Award Activity
Information with respect to RSU activity is as follows:
 
 
 
Number of

‎
Restricted

‎
Stock Units
 
 
Weighted

‎
Average

‎
Valuation

‎
Price Per Unit
 
Balance at June 30, 2016
 
 
4,029,244
 
 
$
1.03
 
RSUs granted
 
 
1,671,816
 
 
 
1.15
 
Shares issued
 
 
(144,728
)
 
 
0.75
 
Balance at June 30, 2017
 
 
5,556,332
 
 
 
1.07
 
RSUs granted
 
 
4,342,519
 
 
 
0.41
 
RSUs forfeited
 
 
(1,147,231
)
 
 
0.75
 
Shares issued
 
 
(1,041,152
)
 
 
1.42
 
Balance at June 30, 2018
 
 
7,710,468
 
 
 
0.70