Earnings Per Share (Tables)

12 Months Ended

Jun. 30, 2017

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:

	Year ended June 30,
	2017		2016
Net income	$	7,703,086	$	1,414,615
Basic number of shares		20,001,868		15,401,893
Options to purchase common stock		142,482		71,859
RSUs		1,167,540		944,274
Common  stock warrants		354,502		457,357
Diluted number of shares		21,666,392		16,875,383

Earnings per common share:
Basic	$	0.39	$	0.09
Diluted	$	0.36	$	0.08

Schedule of potential dilutive shares were not included in the computation of diluted earnings per share

The following potential dilutive shares were not included in the computation of diluted earnings per share as their effects would be anti-dilutive:

Options to purchase common stock	378,278	718,684
RSUs	289,036	289,982
Common  stock warrants	518,087	848,927
	1,185,401	1,857,593