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Share-Based Compensation (Tables)
3 Months Ended
Sep. 30, 2015
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Summary of Share-Based Compensation Expense by Category

Share-based compensation by category is as follows (in thousands):

 

     Three Months Ended
September 30,
 
     2015      2014  

SG&A

   $ 108       $ 124   

Product development

     10         10   

Cost of revenues

     5         5   
  

 

 

    

 

 

 

Share-based compensation expense

   $ 123       $ 139   
  

 

 

    

 

 

 
Summary of Estimated Fair Value of Share-Based Compensation Using Black-Scholes Option Pricing Model and Assumptions

The assumptions used in the company’s Black-Scholes calculations for fiscal 2016 and 2015 are as follows:

 

     Risk Free
Interest Rate
    Dividend
Yield
    Volatility
Factor
    Weighted
Average
Expected
Option Life
(Months)
 

Fiscal year 2016

     1.6     0     85     48   

Fiscal year 2015

     0.6     0     84     48   
Summary of Stock Option Activity under Stock Option Plans for Employees and Non-Executive Directors

Stock option activity under the company’s stock option plans for employees and non-executive directors for the period ended September 30, 2015 is as follows (in thousands, except per share and average life data):

 

Employees Information

   Number of
Options
     Weighted
Average
Exercise
Price
     Weighted
Average
Remaining
Contractual
Life (Years)
     Aggregate
Intrinsic
Value
 

Outstanding June 30, 2015

     2,131       $ 2.27         

Granted

     300         0.30         

Expired/Forfeited

     (322      1.58         
  

 

 

          

Outstanding September 30, 2015

     2,109       $ 2.09         6.16       $ 1   
  

 

 

          

Exercisable at September 30, 2015

     1,160       $ 2.80         3.58       $ —     
  

 

 

          

Expected to vest at September 30, 2015

     743       $ 1.26         7.68       $ —     
  

 

 

          

Non-Executive Director Information

   Number of
Options
     Weighted
Average
Exercise
Price
     Weighted
Average
Remaining
Contractual
Life (Years)
     Aggregate
Intrinsic
Value
 

Outstanding June 30, 2015

     2,185       $ 0.62         

Granted

     1,293         0.27         

Expired

     (10      6.00         
  

 

 

          

Outstanding September 30, 2015

     3,468       $ 0.48         8.31       $ 97