Compensatory Equity Incentive Plan and Other Equity Incentives (Tables)

12 Months Ended

Jun. 30, 2013

Compensatory Equity Incentive Plan And Other Equity Incentives Tables

Schedule of Share Based Compensation Award Plans

These plans are summarized below:

			Award Shares		Available for
	Award Shares		Outstanding		Issuance
	Authorized		at June 30,		at June 30,
Equity Compensation Arrangement			2013		2013
Amended and Restated Omnibus Incentive Plan		2,715,625		1,419,709		848,012
Employee Stock Purchase Plan		200,000		—		109,457
		2,915,625		1,419,709		957,469

Schedule of Fair Value Assumptions for Award Plans

For stock options and restricted stock units ("RSUs") granted in the years ended June 30, 2013 and 2012, the Company estimated the fair value of each stock award as of the date of grant using the following assumptions:

	Year ended			Year ended
	June 30, 2013			June 30, 2012
Expected volatility		110% - 120	%		119% - 122	%
Weighted average expected volatility		110% - 120	%		119% - 122	%
Dividend yields		0	%		0	%
Risk-free interest rate		0.67% - 1.72	%		0.9% - 2.01	%
Expected term, in years		3 - 7			3 - 7

Schedule of Share Based Compensation Activity

A summary of the activity for share-based payment awards in the years ended June 30, 2013 and 2012 is presented below:

								Restricted
	Stock Options							Stock Units (RSUs)
				Weighted		Weighted				Weighted
				Average		Average				Average
				Exercise		Remaining				Remaining
				Price		Contract				Contract
	Shares			(per share)		Life (YRS)		Shares		Life (YRS)
June 30, 2011		500,233		$	3.01		6.9		434,700		0.9
Granted		90,000			1.39		9.3		160,000		1.0
Exercised		—			—		—		—		—
Cancelled		(13,840	)		9.14		3.0		—		—
June 30, 2012		576,393		$	2.61		6.4		594,700		1.0
Granted		98,500			0.96		9.4		240,000		2.6
Exercised		(2,511	)		1.05		5.5		—		—
Cancelled		(87,373	)		2.37		7.0		—		—
June 30, 2013		585,009		$	2.38		5.9		834,700		1.1
Awards exercisable/
vested as of
June 30, 2013		401,759		$	2.76		4.8		463,030		—
Awards unexercisable/
unvested as of
June 30, 2013		183,250		$	1.53		8.5		371,670		1.1
		585,009							834,700
				Stock
				Options		RSU		All Awards
Weighted average fair value
of share awards granted for the year ended
June 30, 2013				$	0.80	$	0.87	$	0.85

Schedule of Share Based Compensation Future Cost to be Recognized

The cost expected to be recognized as follows:

			Restricted
			Stock
	Stock		Share/
	Options		Units		Total
Year ended June 30, 2014	$	57,371	$	163,769	$	221,140
Year ended June 30, 2015		27,092		88,056		115,148
Year ended June 30, 2016		12,749		34,597		47,346
Year ended June 30, 2017		3,022		—		3,022
	$	100,234	$	286,422	$	386,656

Schedule of Rollforward of Vested Awards

The following table is a summary of the number and weighted average grant date fair values regarding our unexercisable/unvested awards as of June 30, 2013 and 2012 and changes during the two years then ended:

Unexercisable/unvested awards	Stock Options Shares			RSU Shares			Total Shares			Weighted-Average Grant Date Fair Values
June 30, 2011		182,500			200,000			382,500		$	2.53
Granted		90,000			160,000			250,000			1.30
Vested		(74,375	)		(125,000	)		(199,375	)		2.27
June 30, 2012		198,125			235,000			433,125		$	2.42
Granted		98,500			240,000			338,500			0.85
Vested		(59,875	)		(103,330	)		(163,205	)		1.91
Cancelled/Forfeited		(53,500	)		—			(53,500	)		1.64
June 30, 2013		183,250			371,670			554,920		$	1.57

Schedule of Financial Statement Effect Related to Share Based Compensation

The following table shows total stock-based compensation expense for the years ended June 30, 2013 and 2012 included in the Consolidated Statement of Operations and Comprehensive Income:

	Year ended			Year ended
	June 30,			June 30,
	2013			2012
Stock options		65,286			86,096
RSU		203,021			185,948
Total		268,307			272,044
The amounts above were included in:
General & administrative		263,247			254,337
Cost of sales		(4,350	)		8,328
New product development		9,410			9,379
		268,307			272,044