EMPLOYEE AND DIRECTOR EQUITY INCENTIVE PLANS (Tables)
 3 Months Ended
Sep. 30, 2018
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Schedule Of Share Based Payment Award Stock Options Valuation Assumptions The following assumptions were used to estimate the fair value of stock options granted during the three months ended September 30, 2018 and September 30, 2017 using the Black-Scholes option-pricing model:
 
 
Three months ended September 30,
 
 
2018
 
2017
Expected life of option (years)
 
N/A
 
4
Risk-free interest rate
 
N/A
 
1.66 - 1.69%
Assumed volatility
 
N/A
 
113.62 - 113.75%
Expected dividend rate
 
N/A
 
0.00%
Expected forfeiture rate
 
N/A
 
6.15 - 6.72%
Schedule Of Share Based Compensation Stock Options Activity
Information with respect to stock option activity is as follows:
 
 
 
Number

of

Options
 
 
Weighted

Average

Exercise Price
 
 
Average

Remaining

Contractual Life

(in years)
 
Balance at June 30, 2017
 
 
8,249,298
 
 
$
0.71
 
 
 
6.50
 
Options granted
 
 
1,407,000
 
 
 
0.40
 
 
 
 
 
Options forfeited
 
 
(2,781,483
)
 
 
0.71
 
 
 
 
 
Balance at June 30, 2018
 
 
6,874,815
 
 
 
0.65
 
 
 
5.87
 
Options forfeited
 
 
(677,217
)
 
 
0.54
 
 
 
 
 
Balance at September 30, 2018
 
 
6,197,598
 
 
 
0.66
 
 
 
5.66
 
Disclosure Of Share Based Compensation Arrangements By Share Based Payment Award
The following table summarizes information relating to the stock options outstanding as of September 30, 2018:
 
 
 
Outstanding
 
 
Exercisable
 
Range of Exercise Prices
 
Number

of

Options
 
 
Average

Remaining

Contractual Life

(in years)
 
 
Weighted

Average

Exercise

Price
 
 
Number

of

Options
 
 
Average

Remaining

Contractual Life

(in years)
 
 
Weighted

Average

Exercise

Price
 
$0.28 to $0.50
 
 
3,313,815
 
 
 
6.08
 
 
$
0.39
 
 
 
1,596,616
 
 
 
5.32
 
 
$
0.40
 
$0.51 to $1.00
 
 
2,222,983
 
 
 
5.64
 
 
 
0.68
 
 
 
1,437,584
 
 
 
5.26
 
 
 
0.71
 
$1.01 to $1.50
 
 
170,000
 
 
 
5.41
 
 
 
1.02
 
 
 
130,000
 
 
 
5.23
 
 
 
1.02
 
$1.51 to $2.00
 
 
400,950
 
 
 
3.51
 
 
 
1.73
 
 
 
400,950
 
 
 
3.51
 
 
 
1.73
 
$2.01 to $5.80
 
 
89,850
 
 
 
1.06
 
 
 
4.90
 
 
 
89,850
 
 
 
1.06
 
 
 
4.90
 
Balance at September 30, 2018
 
 
6,197,598
 
 
 
5.66
 
 
 
0.66
 
 
 
3,655,000
 
 
 
4.99
 
 
 
0.80
 
Schedule Of Unrecognized Compensation Cost Nonvested Awards
Information with respect to unvested employee stock option activity is as follows:
 
 
 
Number

of 

Options
 
 
Weighted

Average

Grant Date

Fair Value

Per Share
 
 
Average

Remaining

Contractual Life

(in years)
 
Balance at June 30, 2017
 
 
5,197,098
 
 
$
0.54
 
 
 
6.93
 
Options granted
 
 
1,407,000
 
 
 
0.40
 
 
 
 
 
Options vested
 
 
(1,581,266
)
 
 
0.56
 
 
 
 
 
Options forfeited
 
 
(1,840,499
)
 
 
0.48
 
 
 
 
 
Balance at June 30, 2018
 
 
3,182,333
 
 
 
0.51
 
 
 
6.57
 
Options vested
 
 
(362,835
)
 
 
0.71
 
 
 
 
 
Options forfeited
 
 
(276,900
)
 
 
0.65
 
 
 
 
 
Balance at September 30, 2018
 
 
2,542,598
 
 
 
0.47
 
 
 
6.63
 
Schedule Of Share Based Compensation Restricted Stock Units Award Activity
Information with respect to RSU activity is as follows:
 
 
 
Number of

Restricted

Stock Units
 
 
Weighted

Average

Valuation

Price Per Unit
 
Balance at June 30, 2017
 
 
5,556,332
 
 
$
1.07
 
RSUs granted
 
 
4,342,519
 
 
 
0.41
 
RSUs forfeited
 
 
(1,147,231
)
 
 
0.75
 
Shares issued
 
 
(1,041,152
)
 
 
1.42
 
Balance at June 30, 2018
 
 
7,710,468
 
 
 
0.70
 
RSUs granted
 
 
148,276
 
 
 
0.29
 
Shares issued
 
 
(70,654
)
 
 
0.40
 
Balance at September 30, 2018
 
 
7,788,090
 
 
 
0.69