Equity Transactions (Tables)

6 Months Ended

Dec. 31, 2019

Disclosure Stock Options Tables Abstract

Schedule of Stock Option Issued

The following table summarizes the activity relating to the Company’s stock options for the six months ended December 31, 2019:

	Options		Weighted-Average Exercise Price		Weighted Remaining Average Contractual Term		Aggregate Intrinsic Value
Outstanding at June 30, 2019		58,000	$	12.50		5.2	$	87,480
Granted		2,400		7.42		4.1		—
Options Exercised or Forfeited		—		—		—		—
Outstanding at December 31, 2019		60,400	$	12.29		4.5	$	2,100
Exercisable at December 31, 2019		60,400	$	12.29		4.5	$	2,100

The pricing model reflected the following weighted-average assumptions for the six months ended December 31, 2019:

	December 31 2019			December 31 2018
Expected life of options (In years)		5			5
Expected volatility		71.55	%		67.91	%
Risk free interest rate		1.61	%		2.98	%
Dividend Yield		0	%		0	%

Schedule of option outstanding and exercisable by exercise price

The following is a summary of stock options outstanding and exercisable by exercise price as of December 31, 2019:

Exercise Price		Outstanding		Weighted Average Contract Life		Exercisable
$	3.75		5,600		4.1		5,600
$	6.25		11,200		4.2		11,200
$	7.50		25,600		6.2		25,600
$	8.75		1,600		4.3		1,600
$	12.50		4,000		3.1		4,000
$	25.00		1,600		2.8		1,600
$	26.25		4,400		2.3		4,400
$	27.50		800		2.2		800
$	28.75		1,600		2.6		1,600
$	31.25		4,000		1.9		4,000

Schedule of Warrants Issued

Stock Warrants

The following table summarizes the warrants activity during the six months ended December 31, 2019:

	Number of Shares		Weighted Average Exercise Price		Weighted Average Remaining Life (Years)		Aggregate Intrinsic Value
Outstanding and exercisable at June 30, 2019		124,667	$	45.00		5.6	$	716,653
Granted		1,250,000	$	4.00		4.7	$	—
Expired		—	$	—		—	$	—
Outstanding and exercisable at December 31, 2019		1,374,667	$	7.72		4.7	$	139,498