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SHARE-BASED COMPENSATION (Tables)
9 Months Ended
Mar. 31, 2018
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Schedule of stock option activity

Following is a summary of stock option activity for the nine months ended March 31, 2018 and 2017:


 

 

2018

 

 

2017

 

 

 

Number of Shares

 

 

Weighted-Average

Exercise Price

 

 

Number of Shares

 

 

Weighted-Average

Exercise Price

 

Outstanding at July 1,

 

 

57,000

 

 

$

1.88

 

 

 

90,834

 

 

$

1.95

 

Options granted 

 

 

 

 

 

 

 

 

 

 

 

 

Options exercised 

 

 

 

 

 

 

 

 

(28,000

)

 

 

1.82

 

Options forfeited 

 

 

 

 

 

 

 

 

 

 

 

 

Outstanding at end of period 

 

 

57,000

 

 

$

1.88

 

 

 

62,834

 

 

$

2.00

 

Stock Options Exercisable at March 31, 

 

 

57,000

 

 

$

1.88

 

 

 

62,834

 

 

$

2.00