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STOCK OPTIONS (Tables)
6 Months Ended
Dec. 31, 2018
Fair value weighted average assumptions
   

Six Months Ended

December 31,

    2018   2017
               
Expected volatility     47.29% to 104.94  %     60.41% to 104.94  %
Risk-free interest rate     0.30% to 0.78  %     0.30% to 0.78  %
Expected life (years)     2.50       2.50  
2017 Employee Plan [Member]  
Option activities
    Options    

Weighted Average

Exercise

Price

   

Weighted Average Remaining

Contractual

Term (Years)

   

Aggregate

Intrinsic

Value

 
                         
Outstanding at July 1, 2018     60,000     $ 5.98       4.73     $ -  
Granted     16,000       3.75       4.93       -  
Exercised     -       -       -       -  
Forfeited or expired     -       -       -       -  
Outstanding at December 31, 2018     76,000       5.51       4.37       -  
Exercisable at December 31, 2018     19,000       5.51       4.37       -  
Company's non-vested employee stock options
    Options     Weighted Average Grant-Date Fair Value  
             
Non-vested at July 1, 2018     45,000     $ 5.98  
Granted     16,000       3.75  
Vested     (4,000 )     (5.51 )
Forfeited     -       -  
Non-vested at December 31, 2018     57,000     $ 5.51  
2007 Employee Plan [Member]  
Option activities
    Options    

Weighted Average

Exercise

Price

   

Weighted Average Remaining

Contractual

Term (Years)

   

Aggregate

Intrinsic

Value

 
Outstanding at July 1, 2018     127,500     $ 3.52       2.10     $ 121  
Granted     -       -       -       -  
Exercised     (50,000 )     3.25       -       -  
Forfeited or expired     -       -       -       -  
Outstanding at December 31, 2018     77,500     $ 3.68       2.71     $ -  
Exercisable at December 31, 2018     48,750     $ 3.59       2.61     $ -  

 

    Options    

Weighted Average

Exercise

Price

   

Weighted Average Remaining

Contractual

Term (Years)

   

Aggregate

Intrinsic

Value

 
Outstanding at July 1, 2017     127,500     $ 3.52       3.10     $ 187  
Granted     -       -       -       -  
Exercised     -       -       -       -  
Forfeited or expired     -       -       -       -  
Outstanding at December 31, 2017     127,500     $ 3.52       2.60     $ 445  
Exercisable at December 31, 2017     79,375     $ 3.36       1.86     $ 290  

Company's non-vested employee stock options
    Options    

Weighted Average Grant-Date

 Fair Value

 
Non-vested at July 1, 2018     28,750     $ 3.83  
Granted     -       -  
Vested     -       -  
Forfeited     -       -  
Non-vested at December 31, 2018     28,750     $ 3.83  

 

    Options    

Weighted Average Grant-Date

 Fair Value

 
Non-vested at July 1, 2017     48,125     $ 3.77  
Granted     -       -  
Vested     -       -  
Forfeited     -       -  
Non-vested at December 31, 2017     48,125     $ 3.77  

2007 Directors Equity Incentive Plan [Member]  
Option activities

 

    Options    

Weighted Average

Exercise

Price

   

Weighted

Average

Remaining

Contractual

Term (Years)

   

Aggregate

Intrinsic

Value

 
                         
Outstanding at July 1, 2018     390,000     $ 3.41       2.05     $ 412  
Granted     -       -       -       -  
Exercised     (70,000 )     3.39       -       -  
Forfeited or expired     (20,000 )     (3.62 )     -       -  
Outstanding at December 31, 2018     300,000     $ 3.40       2.08     $ -  
Exercisable at December 31, 2018     300,000     $ 3.40       2.08     $ -  
    Options    

Weighted Average

Exercise

Price

   

Weighted

Average

Remaining

Contractual

Term (Years)

   

Aggregate

Intrinsic

Value

 
                         
Outstanding at July 1, 2017     415,000     $ 3.36       2.93     $ 673  
Granted     -       -       -       -  
Exercised     (15,000 )     2.76       -       -  
Forfeited or expired     -       -       -       -  
Outstanding at September 30, 2017     400,000     $ 3.38       2.49     $ 1,452  
Exercisable at December 31, 2017     400,000     $ 3.38       2.49     $ 1,452