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Earnings Per Share (Tables)
3 Months Ended
Sep. 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:

 

   Three months ended September 30, 
   2017   2016 
         
Net income  $217,695   $140,496 
           
Weighted average common shares outstanding:          
Basic number of shares   24,235,058    15,616,855 
           
Effect of dilutive securities:          
Options to purchase common stock   366,179    92,584 
RSUs   1,362,049    1,114,134 
Common stock warrants   258,302    329,198 
Diluted number of shares   26,221,588    17,152,771 
           
Earnings per common share:          
Basic  $0.01   $0.01 
Diluted  $0.01   $0.01 

 

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   728,784    706,676 
RSUs   146,733    197,661 
Common stock warrants   230,129    694,408 
    1,105,646    1,598,745