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Earnings Per Share (Tables)
9 Months Ended
Mar. 31, 2015
Earnings Per Share [Abstract]  
Schedule of the computations for basic and diluted earnings per share

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

 

 

    (Unaudited)   (Unaudited)
    Three months ended   Nine months ended
    March 31,   March 31,
    2015   2014   2015   2014
                 
Net income (loss)   $ 89,791     $ (133,322 )   $ (348,046 )   $ (415,700 )
                                 
Weighted average common shares outstanding:                                
Basic     15,028,231       14,292,976       14,537,727       13,905,376  
                                 
Effect of dilutive securities:                                
Options to purchase common stock     1,429                    
Restricted stock units     679,755                    
Common  stock warrants     4,477                    
Diluted     15,713,892       14,292,976       14,537,727       13,905,376  

 

Earnings (Loss) per common share:            
Basic  $0.01   $(0.01)  $(0.02)  $(0.03)
Diluted  $0.01   $(0.01)  $(0.02)  $(0.03)

 

Excluded from computation:                    
Options to purchase common stock   736,411    654,158    697,376    654,158 
Restricted stock units   395,545    856,300    978,586    856,300 
Common  stock warrants   1,857,516    2,127,230    2,040,109    2,127,230 
    2,989,472    3,637,688    3,716,071    3,637,688