STOCK BASED COMPENSATION PLANS (Tables)

12 Months Ended

Jun. 30, 2017

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

Schedule of stock based compensation plans

			Authorized
Date Approved	Name of Plan	Type of Plan	Shares
June 2013	2013 Stock Incentive Plan	Stock	500,000
June 2014	2014 Stock Option Incentive Plan	Stock Options	750,000
June 2015	2015 Stock Incentive Plan	Stock & Stock Options	1,250,000
			2,500,000

Schedule of common stock for future issuance

As of June 30, 2017, the Company had reserved shares of Common Stock for future issuance for the following:

Exercise of Common Stock Warrants	23,978
Conversions of Preferred Stock and cumulative Preferred Stock dividends	100,667
Issuance under 2013 Stock Incentive Plan	9,004
Issuance under 2014 Stock Option Incentive Plan	1,447
Issuance under 2015 Stock Incentive Plan	1,052,000
Issuance to former Chief Executive Officer upon the occurrence of a USA Transaction	140,000
Total shares reserved for future issuance	1,327,096

Schedule of stock option granted weighted average assumptions

	Year ended	Year ended	Year ended
	June 30, 2017	June 30, 2016	June 30, 2015
Expected volatility	48-50%	59-66%	78-79%
Expected life	4 years	4.5 years	7 years
Expected dividends	0.00%	0.00%	0.00%
Risk-free interest rate	1.06-1.90%	1.46-1.49%	1.59-2.04%

Schedule of information related to outstanding options

	For the Twelve Months Ended June 30,
	2017
		Weighted
		AverageGrant		Weighted Average
	Shares	DateFairValue		Exercise Price
Outstanding options, beginning of period	610,141	$	1.35	$	2.07
Granted	303,079	$	1.80	$	4.30
Forfeited	—	$	—	$	—
Exercised	—	$	—	$	—
Expired	—	$	—	$	—
Outstanding options, end of period	913,220	$	1.51	$	2.82

	For the Twelve Months Ended June 30,
	2016
		Weighted
		AverageGrant		Weighted Average
	Shares	DateFairValue		Exercise Price
Outstanding options, beginning of period	538,888	$	1.33	$	1.86
Granted	199,586	$	1.63	$	3.21
Forfeited	(95,000)	$	1.80	$	3.38
Exercised	—	$	—	$	—
Expired	(33,333)	$	1.27	$	1.80
Outstanding options, end of period	610,141	$	1.35	$	2.07

	For the Twelve Months Ended June 30,
	2015
		Weighted
		AverageGrant		Weighted Average
	Shares	DateFairValue		Exercise Price
Outstanding options, beginning of period	120,000	$	1.49	$	2.05
Granted	438,888	$	1.30	$	1.82
Forfeited	(20,000)	$	1.49	$	2.05
Exercised	—	$	—	$	—
Expired	—	$	—	$	—
Outstanding options, end of period	538,888	$	1.33	$	1.86

The following table provides information related to options as of June 30, 2017:

	Options Outstanding		Options Exercisable
		Remaining Contractual	Shares	Remaining Contractual	Weighted Average
Range of Exercise Prices	Options Outstanding	Life	Exercisable	Life	Exercise Price
$1.62 to $1.68	75,000	4.51	50,001	4.51	$	1.65
$1.80 to $2.00	295,555	4.16	245,555	4.16	$	1.80
$2.05	100,000	3.97	100,000	3.97	$	2.05
$2.09	10,000	4.58	6,666	4.58	$	2.09
$2.75	25,000	4.77	16,666	4.77	$	2.75
$2.94	75,000	5.53	25,000	5.53	$	2.94
$3.38	29,585	5.06	29,586	5.06	$	3.38
$4.00	75,000	6.69	—	—	$	—
$4.05	30,000	6.61	10,000	6.61	$	4.05
$4.40	178,000	6.78	—	—	$	—
$4.98	20,080	6.17	—	—	$	—
	913,220	5.18	483,474	4.36	$	2.08

Schedule of unvested options

	For the Twelve Months Ended June 30,
	2017			2016			2015
		Weighted			Weighted			Weighted
		Average Grant			Average Grant			Average Grant
	Shares	Date Fair Value		Shares	Date Fair Value		Shares	Date Fair Value
Unvested options, beginning of period	311,248	$	1.39	505,553	$	1.32	120,000	$	1.49
Granted	303,079	$	1.80	199,586	$	1.63	438,888	$	1.30
Vested	(184,581)	$	1.42	(298,891)	$	1.31	(33,335)	$	1.49
Forfeited	—	$	—	(95,000)	$	1.80	(20,000)	$	1.49
Unvested options, end of period	429,746	$	1.67	311,248	$	1.39	505,553	$	1.32

Schedule of share based compensation arrangement by share based payment award, options outstanding and exercisable options

	As of June 30,
	2017				2016				2015
	Options		Exercisable		Options		Exercisable		Options		Exercisable
	Outstanding		Options		Outstanding		Options		Outstanding		Options
Number		913,220		483,474		610,141		298,893		538,888		33,335
Weighted average exercise price	$	2.82	$	2.08	$	2.07	$	1.87	$	1.86		2.05
Aggregate intrinsic value	$	2,173,464	$	1,508,439	$	1,341,828	$	717,343	$	452,666		21,668
Weighted average contractual term	$	5.18		4.36		5.42		5.17		6.21		5.97
Share price as of June 30	$	5.20	$	5.20	$	4.27	$	4.27	$	2.70	$	2.70

Schedule of nonvested share activity

		Weighted-Average
		Grant-Date
	Shares	Fair Value
Nonvested at June 30, 2014	43,811	$	1.59
Granted	155,927		2.00
Vested	(181,134)		1.89
Nonvested at June 30, 2015	18,604	$	1.88
Granted	131,558		3.04
Vested	(21,664)		2.70
Nonvested at June 30, 2016	128,498	$	2.97
Granted	135,585		4.25
Vested	(141,527)		3.33
Nonvested at June 30, 2017	122,556	$	3.96