STOCK-BASED COMPENSATION (Tables)

6 Months Ended

Dec. 31, 2024

Share-Based Payment Arrangement [Abstract]

Stock Option Activity

A summary of stock option activity for the six months ended December 31, 2024 is presented in the table below:

	Outstanding								Nonvested
	Stock Option Grants		Weighted Average Exercise Price		Weighted Average Remaining Contractual Term		Aggregate Intrinsic Value		Stock Option Grants		Weighted Average Grant Date Fair Value
Balance at July 1, 2024		273,000	$	8.33		8.70	$	-		218,400	$	3.17
Granted		-		-		-		-
Exercised		-		-		-		-
Forfeited		-		-		-		-
Vested		-		-		-		-
Balance at December 31, 2024		273,000	$	8.33		8.20	$	-		218,400	$	3.17
Exercisable at December 31, 2024		54,600	$	-		-	$	-		-	$	-
Unrecognized compensation cost	$	553,000
Weighted average remaining recognition period (years)		3.20

Restricted Stock

The following table presents activity in restricted stock awards under the 2023 Equity Plan for the six months ended December 31, 2024.

	Restricted Stock Awards		Weighted Average Grant Price
Non-vested restricted stock awards at July 1, 2024		88,800	$	8.35
Granted		-		-
Vested		-		-
Forfeited		-		-
Non-vested restricted stock awards at December 31, 2024		88,800	$	8.35
Unrecognized compensation cost	$	592,000
Weighted average remaining recognition period (years)		3.20