Stockholders' Equity (Tables)

12 Months Ended

Jun. 30, 2014

Stockholders' Equity [Abstract]

Warrant activity

A summary of warrant activity is as follows:

	2014				2013				2012
	Number of Shares		Weighted- Average Exercise Price Per Share		Number of Shares		Weighted- Average Exercise Price Per Share		Number of Shares		Weighted- Average Exercise Price Per Share
Beginning balance		1,125,000	$	2.64		1,125,000	$	2.64		1,125,000	$	2.64
Warrants granted		3,988,420	$	2.09		--		--		--		--
Warrants canceled		--		--		--		--		--		--
Warrants exercised		--		--		--		--		--		--
Outstanding at June 30		5,113,420	$	2.21		1,125,000	$	2.64		1,125,000	$	2.64
Exercisable at June 30		3,445,020	$	1.92		1,125,000	$	2.64		1,125,000	$	2.64

Option activity for stock option plans

We issue new shares of common stock upon exercise of stock options.  The following is a summary of option activity for the Company’s stock option plans:

	Number of Shares			Weighted- Average Exercise Price		Weighted- Average Remaining Contractual Life		Aggregate Intrinsic Value
Outstanding at June 30, 2013		1,063,750		$	2.36
Granted		457,235		$	2.06
Forfeited/cancelled		(61,075	)	$	2.35
Expired		(197,500	)	$	3.42
Exercised		(9,375	)	$	2.32
Outstanding at June 30, 2014		1,253,035		$	2.08		3	$	130
Vested and Expected to Vest at June 30, 2014		1,046,930		$	2.01		2	$	113
Exercisable at June 30, 2014		614,296		$	2.39		1	$	43

Stock options outstanding

The following table summarizes information about stock options outstanding at June 30, 2014:

Range of Exercise Prices		Number Outstanding		Weighted- Average Remaining Contractual Life (Years)		Weighted- Average Exercise Price		Number Exercisable		Weighted- Average Exercise Price
$	0.90-$1.13		278,750		2.3	$	0.93		92,398	$	0.93
$	1.37-$2.03		216,250		2.3	$	1.83		136,459	$	1.79
$	2.17-$3.03		748,535		2.7	$	2.45		376,251	$	2.69
$	3.82		1,250		1.5	$	3.82		938	$	3.82
$	14.32		8,250		0.1	$	14.32		8,250	$	14.32
			1,253,035						614,296

Non-vested stock options activity

Non-vested stock option activity for the year ended June 30, 2014, is as follows:

	Non-vested Stock Options			Weighted-Average Grant Date Fair Value
Outstanding at June 30, 2013		514,474		$	0.97
Granted		457,235		$	1.15
Vested		(289,270	)	$	1.07
Forfeited		(43,700	)	$	1.43
Outstanding at June 30, 2014		638,739		$	1.02

Restricted stock activity granted to employees

The following is a summary of restricted stock activity:

	2014					2013					2012
	Number of Shares			Weighted- Average Grant Date Fair Value		Number of Shares			Weighted- Average Grant Date Fair Value		Number of Shares			Weighted- Average Grant Date Fair Value
Balance at June 30		390,003		$	1.81		540,000		$	1.93		30,000		$	2.25
Granted		692,968		$	1.95		50,000		$	0.91		720,000		$	1.89
Vested		(191,672	)	$	1.86		(174,997	)	$	1.95		(10,000	)	$	2.25
Forfeited		(87,500	)	$	2.00		(25,000	)	$	1.70		(200,000	)	$	1.80
Outstanding at June 30		803,799		$	1.90		390,003		$	1.81		540,000		$	1.93