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Subsequent Events
12 Months Ended
Jun. 30, 2016
Subsequent Events [Abstract]  
Subsequent Events
Note 10. Subsequent Events
 
Restricted Common Stock
 
On August 23, 2016, the Company issued 103,638 shares of restricted stock to employees. These shares vest over a three year period, with a one year cliff vesting period, and remain subject to forfeiture if vesting conditions are not met. The aggregate value of the stock award was $100,527 based on the market price of our common stock of $0.97 per share on the date of grant, which will be amortized over the three-year vesting period.