Stock-Based Compensation Plans (Tables)

9 Months Ended

Mar. 31, 2020

Equity [Abstract]

Schedule of weighted average fair value at date of grant for options

	For the nine months ended
	March 31,
	2020			2019
Risk-free interest rates		1.67	%		2.80	%
Expected option life in years		6.25			6.25
Expected stock price volatility		54.69	%		56.01	%
Expected dividend yield		0	%		0	%

Schedule of option activity

	Options
				Weighted
				Average		Aggregate
	Outstanding			Exercise		Intrinsic
	Shares			Price		Value
Outstanding as of June 30, 2019		1,163,856		$	10.28	$	17,617,231
Granted		185,500			21.41
Exercised		(143,125	)		8.28
Forfeited		(47,500	)		13.99
Expired		-			-
Outstanding as of March 31, 2020		1,158,731		$	12.16	$	1,002,250
Vested and exercisable at March 31, 2020		686,854		$	9.19	$	947,053