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SHARE-BASED COMPENSATION (Tables)
3 Months Ended
Sep. 30, 2017
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Schedule of stock option activity

The following is a summary of stock option activity for the three months ended September 30, 2017 and 2016:


 

 

Three Months Ended September 30,

 

 

 

2017

 

 

2016

 

 

 

Number of Shares

 

 

Weighted-Average

Exercise Price

 

 

Number of Shares

 

 

Weighted-Average

Exercise Price

 

Outstanding at beginning of period 

 

 

57,000

 

 

$

1.88

 

 

 

90,834

 

 

$

1.95

 

Options granted 

 

 

 

 

 

 

 

 

 

 

 

 

Options exercised 

 

 

 

 

 

 

 

 

(25,000

)

 

 

(1.79

)

Options canceled or expired 

 

 

 

 

 

 

 

 

 

 

 

 

Outstanding at end of period 

 

 

57,000

 

 

$

1.88

 

 

 

65,834

 

 

$

2.01

 

Stock Options Exercisable at September 30, 

 

 

57,000

 

 

$

1.88

 

 

 

65,834

 

 

$

2.01