XML 43 R31.htm IDEA: XBRL DOCUMENT v3.5.0.2
Share-Based Compensation (Tables)
12 Months Ended
Jun. 30, 2016
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Schedule of summary of stock option activity

The following is a summary of stock option activity under the Option Plans for the years ended June 30, 2016 and 2015:

 

      Outstanding Options  
    Number of Shares     Weighted-Average Exercise Price  
Balance, July 1, 2014     165,002     $ 2.40  
Options granted            
Options canceled or expired     (10,001 )     4.94  
Options exercised     (48,333 )     1.87  
Balance, July 1, 2015     106,668     $ 2.41  
Options granted            
Options canceled or expired     (8,334 )     (7.65 )
Options exercised     (7,500 )     (2.14 )
Balance, June 30, 2016     90,834     $ 1.95  
Stock Options Exercisable at June 30, 2016     90,834     $ 1.95  
Schedule of options outstanding and options exercisable

The following table summarizes information regarding options outstanding and options exercisable under the Option Plans at June 30, 2016:

 

      Options Outstanding & Exercisable  
Range of
Exercise Prices
    Number Outstanding     Weighted-Avg. Remaining Contractual Life    

 

Weighted-Avg. Exercise Price

    Aggregate Intrinsic Value  
$0 to 2.50       87,500       5.28     $ 1.86     $ 323,750  
2.5  to 5.00       3,334       0.88       4.38       3,934  
Total       90,834       5.12 years     $ 1.95     $ 327,684  
Schedule of restricted share activity

The following is a summary of restricted share activity for the years ended June 30, 2016 and 2015:

      Outstanding Restricted Stock Units  
       

Number

of Shares

     

Weighted-Average Stock Price

On Grant Date

 
Balance, June 30, 2014       13,333     $ 1.73  
Granted              
Forfeited       (1,667 )     1.73  
Vested       (6,666 )     1.73  
Balance, June 30, 2015       5,000     $ 1.73  
Granted              
Forfeited              
Vested       (5,000 )     1.73  
Balance, June 30, 2016           $