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Capital Stock Transactions
12 Months Ended
Jun. 30, 2021
Stockholders' Equity Note [Abstract]  
Stockholders' Equity Note Disclosure [Text Block] Stock Option Plans
As of June 30, 2021, the Company had in effect two employee stock option plans that provide for incentive and non-qualified stock options. Under the terms of the plans, options may not be granted for less than the fair market value of the Common Stock at the date of grant. Vesting generally occurs ratably between one and five years and for non-employee directors, immediately, and the options are exercisable over a period no longer than 10 years after the grant date. As of June 30, 2021, options to purchase 157,000 shares of the Company’s common stock were outstanding, of which 157,000 were exercisable, and 0 shares were unvested.
The following is a summary of Escalon’s stock option activity and related information for the fiscal years ended June 30, 2021 and 2020:

 20212020
 Common
Stock
Options
Weighted
Average
Exercise
Price
Common
Stock
Options
Weighted
Average
Exercise
Price
Outstanding at the beginning of the year157,000 $1.47 213,000 $1.48 
Granted— — — — 
Exercised— — — — 
Forfeited— — (56,000)$1.51 
Outstanding at the end of the year157,000 $1.47 157,000 $1.47 
Exercisable at the end of the year157,000 $1.47 157,000 1.47 
Weighted average fair value of options granted during the year$— $— 
The following table summarizes information about stock options outstanding as of June 30, 2021:
 
Number
Outstanding
at June 30,
2021
Weighted
Average
Remaining
Contractual
Life (Years)
Weighted
Average
Exercise
Price
Number
Exercisable
at June 30,
2021
Weighted
Average
Exercise
Price
Range of Exercise Prices
$0.7921,000 4.83$0.79 21,000 $0.79 
$1.45 to $2.12136,000 2.83$1.57 136,000 $1.57 
Total157,000 157,000 
There was no compensation expense related to stock options for the years ended June 30, 2021 and 2020.