STOCK-BASED COMPENSATION (Tables)

9 Months Ended

Mar. 31, 2022

Share-Based Payment Arrangement [Abstract]

Schedule of stock-based compensation expense

	Three Months Ended March 31,				Nine Months Ended March 31,
	2022		2021		2022		2021
Cost of Goods Sold	$	34,712	$	11,233	$	91,542	$	33,699
Research and Development		70,237		19,435		164,036		55,795
Selling, General and Administrative		126,166		55,359		466,059		224,758
Stock Based Compensation Expense	$	231,115	$	86,027	$	721,637	$	314,252

Schedule of stock option activity

	Options Outstanding
	Number of Shares			Weighted Average Exercise Price	Weighted Average Contractual Life
Outstanding at July 1, 2021	2,578,200		$	1.13	6.73 years
Exercised	(255,700	)	$	1.10
Granted	584,500		$	1.74
Cancelled	(89,500	)	$	0.99
Outstanding at March 31, 2022	2,817,500		$	1.35	7.35 years

Schedule of stock options outstanding by exercise price range

Range of Exercise Prices		Number of Shares		Weighted- Average Remaining Contractual Life (years)		Weighted- Average Exercise Price		Exercisable Number of Shares		Exercisable Weighted- Average Exercise Price
$	0.48		60,000		4.00	$	0.48		60,000	$	0.48
$	0.50		80,000		4.22	$	0.50		80,000	$	0.50
$	0.55		15,000		6.01	$	0.55		15,000	$	0.55
$	0.70		100,000		6.35	$	0.70		100,000	$	0.70
$	0.73		670,000		4.81	$	0.73		670,000	$	0.73
$	0.85		6,000		0.76	$	0.85		6,000	$	0.85
$	0.90		36,000		2.19	$	0.90		36,000	$	0.90
$	1.25		45,000		7.97	$	1.25		30,000	$	1.25
$	1.30		441,000		7.20	$	1.30		291,520	$	1.30
$	1.40		70,000		8.64	$	1.40		70,000	$	1.40
$	1.42		100,000		7.45	$	1.42		66,667	$	1.42
$	1.45		5,000		8.94	$	1.45		1,667	$	1.45
$	1.50		70,000		7.69	$	1.50		70,000	$	1.50
$	1.68		540,000		9.18	$	1.68		270,000	$	1.68
$	2.00		140,000		9.36	$	2.00		–	$	–
$	2.09		249,500		9.86	$	2.09		–	$	–
$	2.26		190,000		9.64	$	2.26		90,000	$	2.26
$	1.35		2,817,500		7.35	$	1.35		1,856,854	$	1.10