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Capital Stock Transactions (Tables)
12 Months Ended
Jun. 30, 2016
Equity [Abstract]  
Schedule of Stock Options Activity
The following is a summary of Escalon’s stock option activity and related information for the fiscal years ended June 30, 2016 and 2015:

 
2016
 
2015
 
Common
Stock
Options
 
Weighted
Average
Exercise
Price
 
Common
Stock
Options
 
Weighted
Average
Exercise
Price
Outstanding at the beginning of the year
813,942

 
$
3.36

 
995,846

 
$
3.89

Granted
21,000

 
0.79

 

 

Exercised

 

 

 

Forfeited
(218,442
)
 
6.58

 
(181,904
)
 
$
6.29

Outstanding at the end of the year
616,500

 
$
2.27

 
813,942

 
$
3.36

Exercisable at the end of the year
616,500

 
 
 
747,083

 

Weighted average fair value of options granted during the year
 
 
$
12,680

 
 
 
$

Schedule of Stock Option Outstanding by Exercise Price Range
The following table summarizes information about stock options outstanding as of June 30, 2016:
 
 
Number
Outstanding
at June 30,
2016
 
Weighted
Average
Remaining
Contractual
Life (Years)
 
Weighted
Average
Exercise
Price
 
Number
Exercisable
at June 30,
2015
 
Weighted
Average
Exercise
Price
Range of Exercise Prices
 
 
 
 
 
 
 
 
 
$0.79
21,000

 
9.83
 
$
0.79

 
21,000

 
$
0.79

$1.45 to $2.12
192,000

 
6.54
 
$
1.55

 
192,000

 
$
1.55

$2.21 to $3.05
403,500

 
1.37
 
$
2.61

 
403,500

 
$
2.48

Total
616,500

 
 
 
 
 
616,500