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Summary of Significant Accounting Policies (Tables)
12 Months Ended
Jun. 30, 2017
Summary of Significant Accounting Policies  
Schedule of Options Weighted-Average Assumptions

The fair value of each option granted during the years ended June 30, 2017, 2016, and 2015 is estimated on the date of grant using the Black‑Scholes option‑pricing model with the following weighted-average assumptions in the following table:

 

 

 

 

 

 

 

 

 

 

Years ended June 30, 

 

 

 

2017

    

2016

    

2015

 

Expected dividend yield

 

0%

 

0%

 

0%

 

Expected option term (years)

 

5.04

 

5.03

 

5.07

 

Expected stock price volatility

 

63%

 

58%

 

57%

 

Risk-free interest rate

 

1.16% - 2.15%

 

1.00% - 1.64%

 

1.37% - 1.72%