9. LONG-TERM INCENTIVE PLAN AWARDS (Tables)

12 Months Ended

Jun. 30, 2021

Share-based Payment Arrangement [Abstract]

Schedule of Stock Option Activity

A summary of the status of our stock options is presented below:

						Weighted-
						Average
				Weighted-		Remaining
				Average		Contractual		Aggregate
				Exercise		Life		Intrinsic
Options	Shares			Price		(In Years)		Value
Outstanding as of June 30, 2019		299,000		$	1.04		2.75	$	241,220
Granted		–			–		–		–
Exercised		(35,709	)		0.93		–		–
Cancelled		–			–		–		–
Forfeited or expired		(12,000	)		1.35		–		–
Outstanding as of June 30, 2020		251,291		$	1.05		1.95	$	1,124,525
Granted		299,000			5.40		–		–
Exercised		(61,291	)		1.22		–		–
Cancelled		–			–		–		–
Forfeited or expired		(5,000	)		5.40		–		–
Outstanding as of June 30, 2021		484,000		$	3.67		2.83	$	2,662,830
Exercisable as of June 30, 2021		190,000		$	0.99		0.95	$	1,554,450