SIGNIFICANT ACCOUNTING POLICIES (Tables)

9 Months Ended

Mar. 31, 2018

Significant Accounting Policies Tables

Basic and diluted earnings per share

	Three Months Ended				Nine Months Ended
	March 31,				March 31,
	2018		2017		2018		2017
Numerator
Net income applicable to common shareholders	$	310,718	$	699,414	$	1,711,926	$	2,309,943
Denominator
Weighted average common shares outstanding, basic		19,648,000		19,390,000		19,519,000		19,331,000
Warrants to purchase common stock		673,000		963,000		731,000		920,000
Weighted average common shares outstanding, diluted		20,321,000		20,353,000		20,250,000		20,251,000
Net income per share
Basic	$	0.02	$	0.04	$	0.09	$	0.12
Diluted	$	0.02	$	0.03	$	0.08	$	0.11