STOCKHOLDERS' EQUITY (Tables)

9 Months Ended

Mar. 31, 2016

Stockholders' Equity Attributable to Parent [Abstract]

Stockholders' Equity

The following table summarizes the changes in stockholders’ equity for the nine months ended March 31, 2016 and 2015:

	Nine Months Ended
	March 31
	2016		2015
Net income	$	1,155,513	$	127,806
Stock-based compensation expense	366,665		474,501
Increase in stockholders' equity	$	1,522,178	$	602,307