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Stock Based Compensation (Tables)
9 Months Ended
Mar. 31, 2022
Stock Based Compensation  
Schedule of stock option activity

 

 

 

 

Weighted

 

 

Average

 

 

 

 

 

 

 

Average

 

 

Remaining

 

 

Aggregated

 

 

 

Options

 

 

Exercise

 

 

Contractual

 

 

Intrinsic

 

 

 

Outstanding

 

 

Price

 

 

Life (Years)

 

 

Value

 

Outstanding at June 30, 2021

 

 

2,088,333

 

 

$1.55

 

 

 

7.49

 

 

$9,689,865

 

Exercised

 

 

(55,556)

 

$0.68

 

 

 

 

 

 

 

 

 

Granted

 

 

1,900,000

 

 

 

4.18

 

 

 

10

 

 

 

-

 

Options outstanding at March 31, 2022

 

 

3,932,777

 

 

$2.81

 

 

 

7.95

 

 

$8,922,562

 

Options exercisable at March 31, 2022 (vested)

 

 

2,298,930

 

 

$2.26

 

 

 

7.54

 

 

 

8,184,193

 

Schedule Of value Of Each Grant

 

 

March 31,

2022

 

Dividend rate

 

 

-

 

Risk free interest rate

 

 

0.69%

Expected term

 

 

5

 

Expected volatility

 

 

69%

Grant date stock price

 

$4.18