Incentive and Non-Statutory Stock Option Plan (Tables)

12 Months Ended

Jun. 30, 2020

Share-based Payment Arrangement [Abstract]

Schedule of Components of Common Stock Purchase Options

A summary of option and warrant activity for the years ended June 30, 2020 and 2019 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, 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	$	-
Granted		-			-
Exercised		-			-
Expired / Cancelled		(40,386	)	$	6.50
Outstanding and exercisable, June 30, 2020		-			-		-	$	-

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, 2018		155,648		$	6.07
Granted		122,277		$	5.71
Vested		(191,450	)	$	5.99
Forfeited / Cancelled		(4,960	)	$	6.05
Unvested, June 30, 2019		81,515		$	5.88
Granted		200,273		$	4.61
Vested		(210,408	)	$	4.71
Forfeited / Cancelled		(4,959	)	$	6.05
Unvested, June 30, 2020		66,421		$	5.75