Incentive and Non-statutory Stock Option Plan

6 Months Ended

Dec. 31, 2020

Share-based Payment Arrangement [Abstract]

Incentive and Non-statutory Stock Option Plan

NOTE 17 - INCENTIVE AND NON-STATUTORY STOCK OPTION PLAN

The following table summarizes stock grants awarded as compensation:

	# of shares			Weighted Average Grant Date Fair Value ($)
Unvested, June 30, 2020		66,421		$	5.88
Vested		(25,309	)	$	5.76
Unvested, December 31, 2020		41,112		$	5.75

For the three and six months ended December 31, 2020, the Company recorded compensation expense of $74,167 and $164,784, respectively. For the three and six months ended December 31, 2019, the Company recorded compensation expense of $164,292 and $328,585, respectively. The compensation expense related to the unvested stock grants as of December 31, 2020 was $208,445 which will be recognized during the fiscal years 2021 through 2022.