Shareholders' Equity

9 Months Ended

Mar. 31, 2014

Equity [Abstract]

Shareholders' Equity

Note 5. – Shareholders’ Equity

Stock-Based Compensation

For the three months ended March 31, 2014 and 2013, the Company recognized $9 and $24, respectively, in stock based compensation for options issued to employees and directors of the Company. For the nine months ended March 31, 2014 and 2013, the Company recognized $40 and $76, 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 nine months ended March 31, 2014 and 2013, respectively. There were 0 and 140,000 share options granted under the 2011 Director Stock Option Plan during the nine months ended March 31, 2014 and 2013, respectively.