Incentive and Non-Statutory Stock Option Plan (Tables)

12 Months Ended

Jun. 30, 2019

Share-based Payment Arrangement [Abstract]

Components of Common Stock Purchase Options

A summary of option and warrant activity for the years ended June 30, 2019 and 2018 is presented below:

OPTIONS:

	# of shares			Weighted Average Exercise Price		Weighted Average Remaining Contractual Life (in years)		Aggregated Intrinsic Value
Outstanding and exercisable, June 30, 2017		475,133		$	4.20		1.05	$	8,413
Granted		-		$	0.00
Exercised		(420,671	)	$	3.88
Expired / Cancelled		(1,000	)	$	16.00
Outstanding and exercisable, June 30, 2018		53,462		$	6.50		0.61	$	-
Granted		-			-
Exercised		(13,076	)	$	6.50
Expired / Cancelled		-			-
Outstanding and exercisable, June 30, 2019		40,386		$	6.50		0.61	$	-

Schedule of Stock Options and Warrants Outstanding and Exercisable

The following table summarizes information about stock options outstanding and exercisable at June 30, 2019.

Exercise Price	Number Outstanding and Exercisable		Weighted Average Remaining Contractual Life		Weighted Average Exercise Price
OPTIONS:
$6.50		40,386		0.61	$	6.50
Totals		40,386		0.61	$	6.50

Schedule of Fair Value of Options Granted Assumptions

The fair market value was calculated using the Black-Scholes option pricing model with the following assumptions:

	June 30, 2019
Risk-free interest rate		2.56%
Expected life		1 year
Expected volatility		45%
Expected dividend		0%

Summary of Unvested Stock Grants Awarded as Compensation

The following table summarizes stock grants awarded as compensation:

	# of shares			Weighted Average Grant Date Fair Value ($)
Unvested, June 30, 2017		420,199		$	6.07
Granted		47,513		$	5.00
Vested		(309,564	)	$	6.00
Forfeited / Cancelled		(2,500	)	$	5.55
Unvested, June 30, 2018		155,648		$	6.07
Granted		122,277		$	5.71
Vested		(191,450	)	$	5.99
Forefieted / Cancelled		(4,960	)	$	6.05
Unvested, June 30, 2019		81,515		$	5.88