Stock Option (Tables)

6 Months Ended

Dec. 31, 2023

2012 Employee Stock Option Plan

Stock Option

Schedule of fair value and valuation assumptions

	2023	2022
Risk-free interest rates	n/a	3.03	%
Expected lives	n/a	7.27 Years
Expected volatility	n/a	43	%
Expected dividend yields	n/a	0	%

2012 Non-Employee Stock Option Plan

Stock Option

Schedule of fair value and valuation assumptions

	2023	2022
Risk-free interest rates	n/a	n/a
Expected lives	n/a	n/a
Expected volatility	n/a	n/a
Expected dividend yields	n/a	n/a

Schedule of plan activity

	2023				2022
			Weighted average				Weighted average
	Options		exercise price		Options		exercise price
Outstanding, beginning of year		20,400	$	14.39		20,400	$	14.39
Granted		—		—		—		—
Forfeited/Lapsed		—		—		—		—
Exercised		—		—		—		—
Outstanding, end of period		20,400	$	14.39		20,400	$	14.39
Exercisable, end of period		15,840	$	12.44		13,200	$	10.95
Weighted average fair value at grant date of options granted		n/a				n/a
Total intrinsic value of options exercised		n/a				n/a
Total intrinsic value of options outstanding	$	405,000			$	267,000
Total intrinsic value of options exercisable	$	345,000			$	218,000

2018 Non-Employee Stock Option Plan

Stock Option

Schedule of fair value and valuation assumptions

	2023	2022
Risk-free interest rates	n/a	n/a
Expected lives	n/a	n/a
Expected volatility	n/a	n/a
Expected dividend yields	n/a	n/a

2020 Non-Employee Stock Option Plan

Stock Option

Schedule of fair value and valuation assumptions

	2023	2022
Risk-free interest rates	n/a	3.03	%
Expected lives	n/a	7.27 Years
Expected volatility	n/a	43	%
Expected dividend yields	n/a	0	%

2022 Employee Stock Option Plan

Stock Option

Schedule of fair value and valuation assumptions

	2023
Risk-free interest rates	4.66	%
Expected lives	5.76 Years
Expected volatility	48.71	%
Expected dividend yields	1.48	%

Schedule of plan activity

	2023
			Weighted average
	Options		exercise price
Outstanding, beginning of year		5,000	$	40.01
Granted		10,000	$	21.60
Forfeited/Lapsed		(5,000)	$	(40.01)
Exercised		—		—
Outstanding, end of period		10,000	$	21.60
Exercisable, end of period		2,000	$	21.60
Weighted average fair value at grant date of options granted	$	9.75
Total intrinsic value of options exercised		n/a
Total intrinsic value of options outstanding	$	127,000
Total intrinsic value of options exercisable	$	25,300

Schedule of options outstanding

	Options outstanding				Options exercisable
		Weighted average
	Number	remaining	Weighted average		Number	Weighted average
Range of exercise prices	outstanding	contractual life	exercise price		exercisable	exercise price
$21.60	10,000	9.77	$	21.60	2,000	$	21.60
	10,000	9.77	$	21.60	2,000	$	21.60