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STOCK-BASED COMPENSATION (Tables)
12 Months Ended
Jun. 30, 2022
Share-Based Payment Arrangement [Abstract]  
Summary of option activity A summary of option activity is as follows:
Shares on
Options
Weighted
Average
Exercise
Price
Shares
Available for
Grant
Balance, June 30, 201987,133 412,867 
Options granted86,946 3.63 (86,946)
Options exercised(20,615)3.52 — 
Options canceled(54,271)54,271 
Balance, June 30, 202099,193 380,192 
Options granted70,985 3.26 (70,985)
Options exercised(16,196)4.65 — 
Options canceled(36,022)36,022 
Balance, June 30, 2021117,960 345,229 
Options granted26,614 7.94 (26,614)
Options exercised(43,658)3.18 — 
Options canceled(30,866)30,866 
Balance, June 30, 202270,050 349,481 
Schedule of information regarding outstanding options
The following information relates to outstanding options as of June 30, 2022:
Weighted average remaining life (years)1.3
Weighted average fair value on grant date of options granted in:
2020$1.63 
20211.51 
20224.00