| Schedule of stock option activity |
The following table summarizes stock warrants:
| |
|
Warrants |
|
|
Weighted Average Exercise Price |
|
|
Weighted Average Remaining Contractual Life (Years) |
|
|
Aggregate
Intrinsic
Value |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
| Outstanding at June 30, 2013 |
|
|
5,571,084 |
|
|
$ |
0.92 |
|
|
|
1.43 |
|
|
$ |
4,794,000 |
|
| Extended |
|
|
2,223,000 |
|
|
|
1.00 |
|
|
|
1.50 |
|
|
|
|
|
| Granted |
|
|
25,000 |
|
|
|
1.79 |
|
|
|
2.57 |
|
|
|
|
|
| Exercised |
|
|
(3,148,084 |
) |
|
|
1.00 |
|
|
|
- |
|
|
|
|
|
| Expired |
|
|
(2,223,000 |
) |
|
|
1.00 |
|
|
|
- |
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Outstanding at June 30, 2014 |
|
|
2,448,000 |
|
|
$ |
1.01 |
|
|
|
1.43 |
|
|
$ |
1,623,000 |
|
| Extended |
|
|
- |
|
|
|
- |
|
|
|
- |
|
|
|
|
|
| Granted |
|
|
- |
|
|
|
- |
|
|
|
- |
|
|
|
|
|
| Exercised |
|
|
(941,000 |
) |
|
|
0.80 |
|
|
|
- |
|
|
|
|
|
| Expired |
|
|
- |
|
|
|
- |
|
|
|
- |
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Outstanding at June 30, 2015 |
|
|
1,507,000 |
|
|
$ |
1.14 |
|
|
|
0.52 |
|
|
$ |
2,156,310 |
|
| Extended |
|
|
- |
|
|
|
- |
|
|
|
- |
|
|
|
|
|
| Granted |
|
|
- |
|
|
|
- |
|
|
|
- |
|
|
|
|
|
| Exercised |
|
|
- |
|
|
|
- |
|
|
|
- |
|
|
|
|
|
| Expired |
|
|
(1,482,000 |
) |
|
|
1.13 |
|
|
|
- |
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Outstanding at June 30, 2016 |
|
|
25,000 |
|
|
$ |
1.79 |
|
|
|
0.56 |
|
|
$ |
- |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Exercisable at June 30, 2016 |
|
|
25,000 |
|
|
$ |
1.79 |
|
|
|
0.56 |
|
|
$ |
- |
|
|
| Schedule of stock option activity |
The following table summarizes all stock option
activity under the plans:
| |
|
Number of
Options |
|
|
Weighted Average
Exercise Price |
|
|
Weighted Average
Remaining Contractual Life (Years) |
|
|
Aggregate
Intrinsic
Value |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
| Outstanding at June 30, 2013 |
|
|
39,142,500 |
|
|
$ |
0.14 |
|
|
|
7.47 |
|
|
$ |
64,169,000 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Granted |
|
|
40,000 |
|
|
|
1.64 |
|
|
|
|
|
|
|
|
|
| Exercised |
|
|
(25,000 |
) |
|
|
0.20 |
|
|
|
|
|
|
|
|
|
| Forfeited/expired |
|
|
(150,000 |
) |
|
|
0.23 |
|
|
|
|
|
|
|
|
|
| Outstanding at June 30, 2014 |
|
|
39,007,500 |
|
|
$ |
0.14 |
|
|
|
6.50 |
|
|
$ |
59,613,000 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Granted |
|
|
155,000 |
|
|
|
3.75 |
|
|
|
|
|
|
|
|
|
| Exercised |
|
|
(320,000 |
) |
|
|
0.35 |
|
|
|
|
|
|
|
|
|
| Forfeited/expired |
|
|
(80,000 |
) |
|
|
0.38 |
|
|
|
|
|
|
|
|
|
| Outstanding at June 30, 2015 |
|
|
38,762,500 |
|
|
$ |
0.15 |
|
|
|
5.54 |
|
|
$ |
94,217,650 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Granted |
|
|
1,871,228 |
|
|
|
1.58 |
|
|
|
|
|
|
|
|
|
| Exercised |
|
|
(74,000 |
) |
|
0.55 |
|
|
|
|
|
|
|
|
|
| Forfeited/expired |
|
|
(115,000 |
) |
|
|
0.61 |
|
|
|
|
|
|
|
|
|
| Outstanding at June 30, 2016 |
|
|
40,444,728 |
|
|
|
0.22 |
|
|
|
4.58 |
|
|
$ |
48,185,911 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Exercisable at June 30, 2016 |
|
|
39,722,303 |
|
|
$ |
0.20 |
|
|
|
4.50 |
|
|
$ |
48,163,220 |
|
|