Shareholders' Equity

6 Months Ended

Dec. 31, 2014

Equity [Abstract]

Shareholders' Equity

Note 4. – Shareholders’ Equity

Stock-Based Compensation

For the three months ended December 31, 2014 and 2013, the Company recognized $48 and $15, respectively, in stock based compensation for options issued to employees and directors of the Company. For the six months ended December 31, 2014 and 2013, the Company recognized $21 and $31, 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 90,000 and 0 share options granted under the 2005 Equity Incentive Plan during the six months ended December 31, 2014 and 2013, respectively. There were 0 and 21,000 share options granted under the 2011 Director Stock Option Plan during the six months ended December 31, 2014 and 2013, respectively.