Stockholders' Equity (Tables)
6 Months Ended
Dec. 31, 2019
Stockholders' Equity  
Schedule of Share-based Compensation, Stock Options, Activity

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

All Options

 

Vested Options

 

Unvested Options

 

    

 

    

Weighted

    

 

    

Weighted

    

 

    

Weighted

 

 

 

 

Average

 

 

 

Average

 

 

 

Average

 

 

 

 

Exercise

 

 

 

Exercise

 

 

 

Exercise

 

 

Shares

 

Price

 

Shares

 

Price

 

Shares

 

Price

Outstanding at June 30, 2019

 

3,287,335

 

$

1.38

 

2,827,251

 

$

1.27

 

460,084

 

$

2.09

Granted

 

308,000

 

 

3.03

 

250,000

 

 

3.13

 

58,000

 

 

2.58

Options vesting

 

 —

 

 

 —

 

189,249

 

 

2.03

 

(189,249)

 

 

2.03

Exercised

 

(158,755)

 

 

1.26

 

(158,755)

 

 

1.26

 

 —

 

 

 —

Forfeited/Cancelled

 

(20,000)

 

 

1.95

 

(10,000)

 

 

1.95

 

(10,000)

 

 

1.95

Outstanding at December 31, 2019

 

3,416,580

 

$

1.53

 

3,097,745

 

$

1.47

 

318,835

 

$

2.20

 

Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions

 

 

 

 

 

 

 

 

Six Months Ended

 

 

 

December 31, 

 

 

    

2019

    

2018

 

Expected dividend yield

 

 0

%  

 0

%

Risk-free interest rate

 

1.61% - 1.69

%  

2.82% – 3.00

%

Expected life (in years)

 

5 - 6

 

5 - 6

 

Expected volatility

 

 64

%  

68 - 69

%

 

Schedule of Share-based Compensation, by Exercise Price Range

Additional information regarding stock options outstanding and exercisable as of December 31, 2019 is as follows:

 

 

 

 

 

 

 

 

 

Option

    

 

    

Remaining

    

 

Exercise

 

Options

 

Contractual 

 

Options

Price

 

Outstanding

 

Life (in years)

 

Exercisable

$

0.59

 

8,150

 

2.50

 

8,150

 

0.60

 

5,000

 

2.50

 

5,000

 

0.65

 

6,150

 

2.50

 

6,150

 

0.70

 

225,000

 

5.93

 

225,000

 

0.77

 

49,500

 

3.58

 

49,500

 

0.80

 

16,000

 

5.64

 

16,000

 

0.90

 

25,667

 

4.31

 

25,667

 

0.97

 

6,000

 

2.50

 

6,000

 

1.00

 

28,249

 

3.93

 

28,249

 

1.02

 

187,000

 

0.59

 

187,000

 

1.05

 

400,529

 

6.59

 

400,529

 

1.07

 

33,898

 

2.79

 

33,898

 

1.09

 

129,165

 

5.86

 

129,165

 

1.10

 

105,000

 

5.50

 

105,000

 

1.14

 

3,674

 

2.50

 

3,674

 

1.15

 

209,400

 

4.61

 

209,400

 

1.20

 

352,414

 

7.57

 

346,912

 

1.25

 

32,000

 

3.12

 

32,000

 

1.30

 

243,000

 

2.18

 

243,000

 

1.50

 

195,000

 

2.88

 

195,000

 

1.59

 

35,000

 

8.36

 

20,417

 

1.75

 

1,067

 

2.50

 

1,067

 

1.80

 

94,050

 

3.63

 

94,050

 

1.85

 

24,000

 

3.09

 

24,000

 

1.95

 

275,000

 

8.51

 

143,750

 

2.40

 

398,667

 

8.88

 

309,167

 

2.49

 

50,000

 

9.75

 

 —

 

2.50

 

20,000

 

9.38

 

 —

 

3.13

 

258,000

 

9.87

 

250,000

 

Total

 

3,416,580

 

  

 

3,097,745

 

Schedule of Other Share-based Compensation, Activity

 

 

 

 

 

 

 

    

 

    

Weighted

 

 

 

 

Average

 

 

Number of

 

Exercise

 

 

Warrants

 

Price

Outstanding, June 30, 2019

 

1,885,000

 

$

1.25

Granted

 

 —

 

 

 —

Exercised

 

 —

 

 

 —

Expired/Cancelled

 

 —

 

 

 —

Outstanding, December 31, 2019

 

1,885,000

 

$

1.25

Exercisable, June 30, 2019

 

1,885,000

 

$

1.25

Exercisable, December 31, 2019

 

1,885,000

 

$

1.25

 

Schedule of Stockholders' Equity Note, Warrants or Rights

Additional information regarding warrants outstanding and exercisable as of December 31, 2019 is as follows:

 

 

 

 

 

 

 

 

 

 

    

 

    

Remaining

    

 

Warrant

 

Warrants

 

Contractual

 

Warrants

Exercise Price

 

Outstanding

 

Life (in years)

 

Exercisable

$

1.19

 

50,000

 

1.98

 

50,000

 

1.25

 

1,835,000

 

1.46

 

1,835,000

 

Total

 

1,885,000

 

  

 

1,885,000

 

Schedule of Nonvested Restricted Stock Units Activity

 

 

 

 

 

 

 

 

 

 

    

 

    

 

 

    

Weighted

 

 

 

 

 

 

 

Average

 

 

Number of

 

 

 

 

Grant Date

 

 

Shares

 

Fair Value

 

Fair Value

Non-vested, June 30, 2019

 

311,535

 

$

412,383

 

$

1.66

Granted

 

83,978

 

 

236,251

 

 

2.81

Vested

 

(141,136)

 

 

(170,114)

 

 

1.59

Forfeited

 

 —

 

 

 —

 

 

 —

Non-vested, December 31, 2019

 

254,377

 

$

478,520

 

$

2.08