STOCK OPTIONS (RESTATED) (Tables)

12 Months Ended

Jun. 30, 2021

Fair value weighted average assumptions

	For the Year Ended June 30,
	2021		2020
Expected volatility	40.89% to 69.03%		40.89% to 55.19%
Risk-free interest rate	0.14% to 2.35%		0.30% to 2.35%
Expected life (years)		2.5-3.25		2.5 -3.25

2017 Employee Plan

Option activities

	Options		Weighted Average Exercise Price		Weighted Average Remaining Contractual Term (Years)		Aggregate Intrinsic Value
Outstanding at July 1, 2020		196,000	$	3.92		3.72	$	36
Granted		71,000		5.03		4.16		14
Exercised		-		-		-		-
Forfeited or expired		-		-		-		-
Outstanding at June 30, 2021		267,000		4.21		3.22		290
Exercisable at June 30, 2021		164,750		4.35		2.74		173

	Options		Weighted Average Exercise Price		Weighted Average Remaining Contractual Term (Years)		Aggregate Intrinsic Value
Outstanding at July 1, 2019		136,000	$	4.53		4.28	$	-
Granted		60,000		2.53		2.73		36
Exercised		-		-		-		-
Forfeited or expired		-		-		-		-
Outstanding at June 30, 2020		196,000		3.92		3.72		36
Exercisable at June 30, 2020		98,000		4.44		3.41		9

Company's non-vested employee stock options

	Options			Weighted Average Grant-Date Fair Value
Non-vested at July 1, 2020		98,000		$	1.79
Granted		71,000			1.88
Vested		(66,750	)		1.83
Forfeited		-			-
Non-vested at June 30, 2021		102,250		$	2.29

	Options			Weighted Average Grant-Date Fair Value
Non-vested at July 1, 2019		87,000		$	1.43
Granted		60,000			0.85
Vested		(49,000	)		1.51
Forfeited		-			-
Non-vested at June 30, 2020		98,000		$	1.79

2007 Employee Plan

Option activities

A summary of option activities under the 2007 Employee Plan during the twelve-month period ended June 30, 2021, is presented as follows:

	Options			Weighted Average Exercise Price		Weighted Average Remaining Contractual Term (Years)		Aggregate Intrinsic Value
Outstanding at July 1, 2020		77,500		$	3.69		1.22	$	-
Granted		-			-		-		-
Exercised		(40,000	)		3.26		-		-
Forfeited or expired		-			-		-		-
Outstanding at June 30, 2021		37,500		$	4.14		0.75	$	-
Exercisable at June 30, 2021		37,500		$	4.14		0.75	$	-

A summary of option activities under the 2007 Employee Plan during the twelve-month period ended June 30, 2020, is presented as follows:

	Options		Weighted Average Exercise Price		Weighted Average Remaining Contractual Term (Years)		Aggregate Intrinsic Value
Outstanding at July 1, 2019		77,500	$	3.69		2.22	$	-
Granted		-		-		-		-
Exercised		-		-		-		-
Forfeited or expired		-		-		-		-
Outstanding at June 30, 2020		77,500	$	3.69		1.22	$	-
Exercisable at June 30, 2020		77,500	$	3.69		1.22	$	-

Company's non-vested employee stock options

A summary of the status of the Company’s non-vested employee stock options during the twelve months ended June 30, 2021, is presented below: 

			Weighted Average Grant-Date
	Options		Fair Value
Non-vested at July 1, 2020		-	$	-
Granted		-		-
Vested		-		-
Forfeited		-		-
Non-vested at June 30, 2021		-	$	-

A summary of the status of the Company’s non-vested employee stock options during the twelve months ended June 30, 2020, is presented below: 

				Weighted Average Grant-Date
	Options			Fair Value
Non-vested at July 1, 2019		9,375		$	1.22
Granted		-			-
Vested		(9,375	)		1.22
Forfeited		-			-
Non-vested at June 30, 2020		-		$	-

2017 Directors Equity Incentive Plan

Option activities

A summary of option activities under the 2017 Directors Plan during the twelve months ended June 30, 2021, is presented as follows: 

	Options		Weighted Average Exercise Price		Weighted Average Remaining Contractual Term (Years)		Aggregate Intrinsic Value
Outstanding at July 1, 2020		240,000	$	3.93		3.75	$	48
Granted		80,000		5.27		4.64		-
Exercised		-		-		-		-
Forfeited or expired		-		-		-		-
Outstanding at June 30, 2021		320,000		4.27		3.22		340
Exercisable at June 30, 2021		320,000		4.27		3.22		340

A summary of option activities under the 2017 Directors Plan during the twelve months ended June 30, 2020, is presented as follows: 

	Options		Weighted Average Exercise Price		Weighted Average Remaining Contractual Term (Years)		Aggregate Intrinsic Value
Outstanding at July 1, 2019		160,000	$	4.63		4.25	$	-
Granted		80,000		2.53		4.73		48
Exercised		-		-		-		-
Forfeited or expired		-		-		-		-
Outstanding at June 30, 2020		240,000		3.93		3.75		48
Exercisable at June 30, 2020		240,000		3.93		3.75		48

2007 Directors Equity Incentive Plan

Option activities

A summary of option activities under the 2007 Directors Plan during the twelve months ended June 30, 2021, is presented as follows:

	Options			Weighted Average Exercise Price		Weighted Average Remaining Contractual Term (Years)		Aggregate Intrinsic Value
Outstanding at July 1, 2020		250,000			3.32		0.83		22
Granted		-			-		-		-
Exercised		(200,000	)		3.12		-		-
Forfeited or expired		-			-		-		-
Outstanding at June 30, 2021		50,000			4.14		0.75		45
Exercisable at June 30, 2021		50,000			4.14		0.75		45

A summary of option activities under the 2007 Directors Plan during the twelve months ended June 30, 2020, is presented as follows:

	Options			Weighted Average Exercise Price		Weighted Average Remaining Contractual Term (Years)		Aggregate Intrinsic Value
Outstanding at July 1, 2019		300,000			3.40		1.58		9
Granted		-			-		-		-
Exercised		-			-		-		-
Forfeited or expired		(50,000	)		3.81		-		-
Outstanding at June 30, 2020		250,000			3.32		0.83		22
Exercisable at June 30, 2020		250,000			3.32		0.83		22