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SHARE-BASED COMPENSATION (Tables)
12 Months Ended
Jun. 30, 2018
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 stock option plans for the fiscal years ended June 30, 2018 and 2017:


 

 

Outstanding Options

 

 

 

Number of Shares

 

 

Weighted-Average Exercise Price

 

Balance, July 1, 2016

 

 

90,834

 

 

$

1.95

 

Options granted

 

 

 

 

 

 

Options canceled or expired

 

 

 

 

 

 

Options exercised

 

 

(33,834

)

 

 

2.07

 

Balance, July 1, 2017

 

 

57,000

 

 

$

1.88

 

Options granted

 

 

 

 

 

 

Options canceled or expired

 

 

 

 

 

 

Options exercised

 

 

 

 

 

 

Balance, June 30, 2018

 

 

57,000

 

 

$

1.88

 

Stock Options Exercisable at June 30, 2018

 

 

57,000

 

 

$

1.88