STOCK-BASED COMPENSATION

3 Months Ended

Sep. 30, 2016

NOTE 7 – STOCK-BASED COMPENSATION

Stock-based compensation cost for options and restricted stock awarded to employees and directors is measured at the grant date, based on the calculated fair value of the award and is recognized as an expense over the requisite service period (generally the vesting period of the equity grant). During the three months ended September 30, 2016 and 2015, stock-based compensation amounts are as follows (in thousands):

	Three-Months Ended September 30,
	2016		2015
	(Unaudited)

Stock-based compensation expense included in:

Cost of revenues	$	12	$	8
Selling, general and administrative		127		133
Total	$	139	$	141

- Definition

The entire disclosure for compensation-related costs for equity-based compensation, which may include disclosure of policies, compensation plan details, allocation of equity compensation, incentive distributions, equity-based arrangements to obtain goods and services, deferred compensation arrangements, employee stock ownership plan details and employee stock purchase plan details.

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