STOCK-BASED COMPENSATION

6 Months Ended

Dec. 31, 2013

STOCK-BASED COMPENSATION [Abstract]

STOCK-BASED COMPENSATION

NOTE 7 – STOCK-BASED COMPENSATION

Stock-based compensation cost is measured at the grant date, based on the calculated fair value of the award, and is recognized as an expense over the employee’s requisite service period (generally the vesting period of the equity grant).  Reductions in taxes payable resulting from tax deductions that exceed the recognized tax benefit associated with compensation expense (excess tax benefits) are classified as financing cash flows and as an increase to additional paid in capital.   During the three and six months ended December 31, 2013 and 2012, stock-based compensation amounts are as follows (in thousands):

	Three-Months Ended				Six-Months Ended
	December 31,				December 31,
	2013		2012		2013		2012
	(Unaudited)				(Unaudited)
Stock-based compensation expense included in:
Cost of revenue	$	4	$	7	$	10	$	8
General and administrative expense		115		143		190		315
Total	$	119	$	150	$	200	$	323

For the three and six months ended December 31, 2013, excess tax benefits have been eliminated by the valuation allowance on the deferred tax assets.