Shareholders' Equity

3 Months Ended

Sep. 30, 2013

Equity [Abstract]

Shareholders' Equity

Note 4. – Shareholders’ Equity

Stock-Based Compensation

For the three months ended September 30, 2013 and 2012, the Company recognized $16 and $28, respectively, in stock based compensation for options issued to employees and directors of the Company. The fair value of the share options granted was estimated using the Black-Scholes option pricing model. There were 0 and 120,000 share options granted under the 2005 Equity Incentive Plan during the three months ended September 30, 2013 and 2012, respectively. There were 21,000 and 140,000 share options granted under the 2011 Director Stock Option Plan during the three months ended September 30, 2013 and 2012, respectively.