Earnings Per Share (Tables)

12 Months Ended

Jun. 30, 2013

Earnings Per Share Tables

Schedule of Earnings Per Share Basic and Diluted

The computations for basic and diluted earnings per share are described in the following table:

	Year ended
	June 30,
	2013		2012
Net income (loss)	$	215,322	$	(864,867	)
Weighted average common shares outstanding:
Basic		12,102,124		9,861,596
Effect of dilutive securities:
Options to purchase common stock		1,438		—
Restricted stock units		834,700		—
Common stock warrants		20,956		—
Diluted		12,959,218		9,861,596
Earnings (Loss) per common share:
Basic	$	0.02	$	(0.09	)
Diluted	$	0.02	$	(0.09	)
Excluded from computation:
Options to purchase common stock		583,571		576,393
Restricted stock units		—		594,700
Common stock warrants		3,424,669		4,041,771
Convertible debentures		—		706,169
		4,008,240		5,919,033