STOCK OPTIONS (Tables)

9 Months Ended

Mar. 31, 2020

Mar. 31, 2019

Fair value weighted average assumptions

	Nine Months Ended March 31,
	2020		2019
Expected volatility	45.38% to 65.49%		47.29% to 97.48 %
Risk-free interest rate	0.30% to 2.35%		0.30% to 1.05 %
Expected life (years)		2.5-3.25		2.50 – 3.25

2017 Employee Plan

Option activities

	Options		Weighted Average Exercise Price		Weighted Average Remaining Contractual Term (Years)		Aggregate Intrinsic Value
Outstanding at July 1, 2019		136,000	$	4.53		4.28	$	-
Granted		60,000		2.53		4.98		-
Exercised		-		-		-		-
Forfeited or expired		-		-		-		-
Outstanding at March 31, 2020		196,000	$	3.91		3.97	$	10
Exercisable at March 31, 2020		83,000	$	4.65		3.60	$	2

	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		4.68		-
Exercised		-		-		-		-
Forfeited or expired		-		-		-		-
Outstanding at March 31, 2019		76,000		5.51		4.13		-
Exercisable at March 31, 2019		34,000		5.72		4.06		-

Company's non-vested employee stock options

	Options			Weighted Average Grant-Date Fair Value
Non-vested at July 1, 2019		87,000		$	4.28
Granted		60,000			2.53
Vested		(34,000	)		4.19
Forfeited		-
Non-vested at March 31, 2020		113,000		$	3.37

	Options			Weighted Average Grant-Date Fair Value
Non-vested at July 1, 2018		45,000		$	5.98
Granted		16,000			3.75
Vested		(19,000	)		(5.72)
Forfeited		-			-
Non-vested at March 31, 2019		42,000		$	5.34

2007 Employee Plan

Option activities

	Options		Weighted Average Exercise Price		Weighted Average Remaining Contractual Term (Years)		Aggregate Intrinsic Value
Outstanding at July 1, 2019		77,500	$	3.69		2.22	$	-
Granted		-		-		-		-
Exercised		-		-		-		-
Forfeited or expired		-		-		-		-
Outstanding at March 31, 2020		77,500		3.69		1.46		-
Exercisable at March 31, 2020		77,500	$	3.69		1.46	$	-

	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 March 31, 2019		77,500		$	3.69		2.47	$	-
Exercisable at March 31, 2019		68,125		$	3.62		2.40	$	-

Company's non-vested employee stock options

	Options		Weighted Average Grant-Date Fair Value
Non-vested at July 1, 2019		9,375	$	4.14
Granted		-		-
Vested		(9,375)		-
Forfeited		-		-
Non-vested at March 31, 2020		-	$	-

	Options			Weighted Average Grant-Date Fair Value
Non-vested at July 1, 2018		28,750		$	3.83
Granted		-			-
Vested		(19,375	)		(4.14	)
Forfeited		-			-
Non-vested at March 31, 2019		9,375		$	4.14

Directors 2017 Equity Incentive Plan

Option activities

	Options		Weighted Average Exercise Price		Weighted Average Remaining Contractual Term (Years)		Aggregate Intrinsic Value
Outstanding at July 1, 2019		160,000	$	4.63		4.25	$	-
Granted		80,000		2.53		4.98		-
Exercised		-		-		-		-
Forfeited or expired		-		-		-		-
Outstanding at March 31, 2020		240,000	$	3.93		4.00	$	12.8
Exercisable at March 31, 2020		240,000	$	3.93		4.00	$	12.8

	Options		Weighted Average Exercise Price		Weighted Average Remaining Contractual Term (Years)		Aggregate Intrinsic Value
Outstanding at July 1, 2018		80,000	$	5.98		4.73	$	-
Granted		-		-		-		-
Exercised		-		-		-		-
Forfeited or expired		-		-		-		-
Outstanding at March 31, 2019		80,000		5.98		3.98	$	-
Exercisable at March 31, 2019		80,000		5.98		3.98	$	-

2007 Directors Equity Incentive Plan

Option activities

	Options			Weighted Average Exercise Price			Weighted Average Remaining Contractual Term (Years)		Aggregate Intrinsic Value
Outstanding at July 1, 2019		300,000		$	3.40			1.58	$	9
Granted		-			-			-		-
Exercised		-			-			-		-
Forfeited or expired		(50,000	)		(3.81	)		-		-
Outstanding at March 31, 2020		250,000			3.32			1.08		-
Exercisable at March 31, 2020		250,000		$	3.32			1.08	$	-

	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 March 31, 2019		300,000		$	3.40			1.83	$	-
Exercisable at March 31, 2019		300,000		$	3.40			1.83	$	-