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Equity Plans (Tables)
3 Months Ended
Sep. 30, 2020
Equity Plans  
Summary of valuation assumptions used to calculate fair value of stock options

Since inception, the range of the fair value of the stock options granted (other than to non-employee consultants) and the assumptions used are as follows:

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Fair value of stock options

    

$0.81 - $6.35

 

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Assumptions used:

 

  

​

Risk-free interest rate

 

1.19% - 4.8

%

Expected life (in years)

 

7.5

​

Expected volatility

 

26.5% - 84.6

%

Expected dividends

 

—

​

Schedule of stock option activity and related information

At September 30, 2020, there were no significant outstanding stock options held by non-employee consultants that were not fully vested. A summary of the Company’s stock option activity and related information for FY 2021 follows:

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Weighted-

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Average 

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Number of 

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Weighted-

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Remaining 

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Options 

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Average 

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Contractual 

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(Shares)

    

Exercise Price

    

Term (Years)

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Outstanding at June 30, 2020

 

1,599,541

​

$

4.54

 

  

Granted

 

—

​

 

—

 

  

Exercised

 

(132,100)

​

 

1.08

 

  

Forfeited or expired

 

—

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—

 

  

Outstanding at September 30, 2020

 

1,467,441

​

$

4.85

 

4.3

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Vested and expected to vest at September 30, 2020

 

1,467,441

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$

4.85

 

4.3

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​

​

​

​

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Exercisable at September 30, 2020

 

1,387,945

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$

4.39

 

4.1

Schedule of restricted stock and RSU activity

A summary of the Company’s restricted stock and RSU activity follows:

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Restricted Stock

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RSU

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Weighted-Average 

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Weighted-Average 

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Grant Date Fair 

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Grant Date Fair 

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Shares

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Value

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Shares

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Value

Nonvested at June 30, 2020

    

408,099

    

$

8.00

    

108,928

    

$

8.18

Granted

 

—

​

 

—

 

—

​

 

—

Vested

 

—

​

 

—

 

(74,359)

​

 

7.45

Forfeited

 

—

​

 

—

 

—

​

 

—

Nonvested at September 30, 2020

 

408,099

​

$

8.00

 

34,569

​

$

9.74