Compensatory Equity Incentive Plan and Other Equity Incentives (Tables)

3 Months Ended

Sep. 30, 2017

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

Schedule of share based compensation award plans

These plans are summarized below:

	Award		Award Shares Outstanding at September 30,		Available for Issuance at September 30,
Equity Compensation Arrangement	Authorized		2017		2017
Amended and Restated Omnibus Incentive Plan		3,915,625		2,598,218		637,290
Employee Stock Purchase Plan		400,000		—		370,895
		4,315,625		2,598,218		1,008,185

Schedule of share-based payment awards activity

A summary of the activity for share-based compensation awards in the three months ended September 30, 2017 is presented below:

	Stock Options							Restricted Stock Units (RSUs)
	Shares			Weighted Average Exercise Price		Weighted Average Remaining Contract		Shares		Weighted Average Remaining Contract
June 30, 2017		1,096,186		$	1.68		6.3		1,508,782		0.9
Granted		—			—		—		—		—
Exercised		—			—		—		—		—
Cancelled/Forfeited		(6,750	)	$	3.01		—		—		—
September 30, 2017		1,089,436		$	1.67		6.1		1,508,782		0.9
Awards exercisable/
vested as of
September 30, 2017		848,675		$	1.69		5.5		1,069,870		—
Awards unexercisable/
unvested as of
September 30, 2017		240,761		$	1.60		8.4		438,912		0.9
		1,089,436							1,508,782

Schedule of share-based compensation future cost to be recognized

We expect to recognize the compensation cost as follows:

	Stock Options		RSUs		Total
Nine months ended June 30, 2018		26,566		165,025		191,591
Year ended June 30, 2019		18,083		144,984		163,067
Year ended June 30, 2020		4,276		29,989		34,265
Year ended June 30, 2021		2,105		—		2,105
	$	51,030	$	339,998	$	391,028

Summary of the number and weighted average grant date fair values regarding our unexercisable/unvested awards

The following table is a summary of the number and weighted average grant date fair values regarding our unexercisable/unvested awards as of September 30, 2017 and changes during the three months then ended:

Unexercisable/unvested awards	Stock Options Shares			RSU Shares		Total Shares			Weighted-Average Grant Date Fair Values (per share)
June 30, 2017		244,511			438,912		683,423		$	1.39
Granted		—			—		—			—
Vested		—			—		—			—
Cancelled/Forfeited		(3,750	)		—		(3,750	)	$	1.39
September 30, 2017		240,761			438,912		679,673		$	1.39

Schedule of total stock-based compensation expense included in the consolidated statements of comprehensive income

The following table shows total stock-based compensation expense for the three months ended September 30, 2017 and 2016 included in the consolidated statements of comprehensive income:

	Three months ended September 30,
	2017		2016
Stock options	$	12,348	$	11,672
RSUs		79,893		108,268
Total	$	92,241	$	119,940
The amounts above were included in:
Selling, general & administrative	$	90,274	$	119,576
Cost of sales		1,603		79
New product development		364		285
	$	92,241	$	119,940