Stock Options (Tables)

12 Months Ended

Dec. 31, 2023

Stock Options

Schedule of fair value of our stock options for the years

	Year ended December 31,			Six months ended  December 31,		Year ended June 30,
	2023			2022		2022
Expected term (in years)		10			-		10
Risk-free interest rate		4.49	%		-		1.91	%
Expected volatility		72.5	%		-		72	%
Dividend rate		0			-		0

Option activity

	Year Ended December 31,							Six months ended December 31,					Year Ended June 30,
	2023							2022					2022
Shares under option:	Shares			Weighted- Average Exercise Price		Aggregate Intrinsic Value		Shares			Weighted- Average Exercise Price		Shares			Weighted- Average Exercise Price
Outstanding, beginning		1,115,810		$	8.4	$	129,900		1,158,644		$	8.40		1,180,757		$	8.73
Granted		35,000			4.09		-		-			-		120,000			5.78
Exercised		-			-		-		-			-		-			-
Forfeited		(30,713	)		6.62		2,500		(42,834	)		8.33		(142,113	)		8.98
Outstanding, end		1,120,097		$	8.32		-		1,115,810		$	8.40		1,158,644		$	8.40
Options exercisable end of the period		963,228		$	8.45				632,175		$	8.30		567,594		$	8.13
Weighted average fair value per share of options granted during the period				$	3.28						$	0				$	4.43

	Year ended December 31,					Six months ended December 31,					Year ended June 30,
	2023					2022					2022
NonVested Shares under option:	Shares			Weighted-Average Grant Date Fair Value		Shares			Weighted-Average Grant Date Fair Value		Shares			Weighted-Average Grant Date Fair Value
Outstanding, beginning		483,635		$	6.76		591,050		$	6.75		970,082		$	7.16
Granted		35,000			3.28		-			-		120,000			4.43
Vested		(351,453	)		6.98		(106,248	)		6.73		(356,919	)		7.17
Forfeited		(10,313	)		5.09		(1,167	)		4.48		(142,113	)		6.53
Outstanding, end		156,869		$	5.60		483,635		$	6.76		591,050		$	6.75

	Year Ended December 31,
	2023
	Shares		Weighted-Average Exercise price		Weighted-Average Remaining Contractual term
Vested Shares under option:		963,228	$	8.45		6.47

	Six months ended December 31,
	2022
	Shares		Weighted-Average Exercise price		Weighted-Average Remaining Contractual term
Vested Shares under option:		632,175	$	8.30		7.30

	Year ended June 30,
	2022
	Shares		Weighted-Average Exercise price		Weighted-Average Remaining Contractual term
Vested Shares under option:		567,594	$	8.13		7.73

Options outstanding

	As of December 31, 2023 Options Outstanding						As of December 31, 2023 Exercisable
Range Exercise Price	Number Outstanding		Remaining Contractual Life (Years)		Average Exercise Price		Number Outstanding		Average Exercise Price
$5.35 - $ 11.30		1,029,392		6.84	$	8.73		898,773	$	8.18
$2.91 - $ 4.65		90,705		2.29	$	3.61		64,455	$	3.41
		1,120,097						963,228

	As of December 31, 2022 Options Outstanding						As of December 31, 2022 Exercisable
Range Exercise Price	Number Outstanding		Remaining Contractual Life (Years)		Average Exercise Price		Number Outstanding		Average Exercise Price
$5.35 - $ 11.30		1,055,105		7.85	$	8.69		571,470	$	8.82
$2.91 - $ 4.65		60,705		4.00	$	3.36		60,705	$	3.36
		1,115,810						632,175

	As of June 30, 2022 Options Outstanding						As of June 30, 2022 Exercisable
Range Exercise Price	Number Outstanding		Remaining Contractual Life (Years)		Average Exercise Price		Number Outstanding		Average Exercise Price
$5.35 - $ 11.30		1,097,939		8.34	$	8.68		506,889	$	8.70
$2.91 - $ 4.65		60,705		4.51	$	3.37		60,705	$	3.37
		1,158,644						567,594