EQUITY TRANSACTIONS (Tables)

9 Months Ended

Mar. 31, 2015

EQUITY TRANSACTIONS [Abstract]

Stock options exercised to purchase common stock

During the three and nine months ended March 31, 2015 and 2014, stock options to purchase shares of the Company’s common stock were exercised as follows:

	Three-Months Ended				Nine-Months Ended
	March 31,				March 31,
	2015		2014		2015		2014
	(Unaudited)				(Unaudited)
Options exercised		45,359		13,125		55,609		13,125
Proceeds (in thousands)	$	107	$	47	$	128	$	47
Average exercise price per share	$	2.36	$	3.53	$	2.31	$	3.53

Schedule of share repurchases

During the three and nine months ended March 31, 2015 and 2014, shares were repurchased as follows:

	Three-Months Ended				Nine-Months Ended
	March 31,				March 31,
	2015		2014		2015		2014
	(Unaudited)				(Unaudited)
Shares repurchased		-		-		29,449		136,441
Cash paid for shares repurchased (in thousands)	$	-	$	-	$	128	$	607
Average price paid per share	$	-	$	-	$	4.35	$	4.45