STOCK-BASED COMPENSATION

9 Months Ended

Mar. 31, 2014

STOCK-BASED COMPENSATION [Abstract]

STOCK-BASED COMPENSATION

NOTE 7 – STOCK-BASED COMPENSATION

Stock-based compensation cost is measured at the grant date, based on the calculated fair value of the award, and is recognized as an expense over the employee's requisite service period (generally the vesting period of the equity grant).  Reductions in taxes payable resulting from tax deductions that exceed the recognized tax benefit associated with compensation expense (excess tax benefits) are classified as financing cash flows and as an increase to additional paid in capital.   During the three and nine months ended March 31, 2014 and 2013, stock-based compensation amounts are as follows (in thousands):

	Three-Months Ended						Nine-Months Ended
	March 31,						March 31,
	2014			2013			2014			2013
	(Unaudited)						(Unaudited)
Stock-based compensation expense included in:
Cost of revenue		$	4		$	6		$	14		$	14
General and administrative expense			118			85			308			400
Total		$	122		$	91		$	322		$	414

For the three and nine months ended March 31, 2014, excess tax benefits have been eliminated by the valuation allowance on the deferred tax assets.