XML 49 R36.htm IDEA: XBRL DOCUMENT v3.20.2
Stockholders Equity (Tables)
3 Months Ended
Sep. 30, 2020
Equity [Abstract]  
Stock option activites
   Number of Shares
Underlying
Outstanding
Options
  Weighted
Average
Remaining
Contractual
Life (Years)
  Weighted
Average
Exercise
Price
  Intrinsic
Value
Options outstanding as of June 30, 2020   4,250,000    1.7 years   $.02   $624,700 
Granted   150,000    4.8 years    .16    —   
Exercised   —      —      —      —   
Forfeited or expired   —      —      —      —   
Options outstanding as of September 30, 2020   4,400,000    

1.6 years

    .03   $584,200 
Options exercisable as of September 30, 2020   3,050,000    

.9 years

    .02   $427,100 
Assumptions
   Three Months 
Ended September 30, 2020
  Three Months 
Ended September 30, 2019
Exercise Price:   $.15 - $.17   $.03 
Volatility:   469% - 470%    407%
Risk Free Rate:   .25%   1.81%
Vesting Period:   4 years    4 years 
Forfeiture Rate:   0%   0%
Expected Life   4.1 years    4.1 years 
Dividend Rate   0%   0%
           
           
Weighted average stock options
    Outstanding Options   Exercisable Options
Exercise Prices   Number
of Shares
  Remaining
Life 
(Years)
  Weighted
Average 
Price
  Number of
Shares
  Weighted
Average
 Price
    .01 to .03       4,050,000       1.4     $ .02       2,950,000     $ .02
    $ .034 to .05       200,000       2.8     $ .05       100,000     $ .05
    $ .15 to .17      

150,000

     

4.8

   

$

.15

     

-

   

$

-

Total stock options       4,400,000       1.6     $ .03       3,050,000     $ .02
Stock options compensation expense
  

Three Months

Ended September 30,

   2020  2019
   (in thousands)
Other Selling and Marketing  $1   $1
General and Administrative   5    4
Total  $6   $5
Common stock equivalents
   September 30,
   2020
Shares of common stock reserved for issuance under the 2015 Plan   5,000,000 
Shares of common stock issuable upon conversion of the Preferred Stock   4,300,000 
Total shares of common stock equivalents   9,300,000