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Income (Loss) Per Share (Tables) | 9 Months Ended
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Mar. 31, 2013
Income Loss Per Share Tables |
Schedule of Earnings Per Share Basic and Diluted |
|  | (unaudited) |  |  | (unaudited) |
|  | Three months ended March 31, |  |  | Nine months ended March 31, |
|  | 2013 |  |  | 2012 |  |  | 2013 |  |  | 2012 |
Net income (loss) |  | $ | 217,094 |  |  | $ | (518,985 | ) |  | $ | 459,087 |  |  | $ | (1,060,731 | )
Weighted average common shares outstanding: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Basic |  |  | 11,883,042 |  |  |  | 9,767,640 |  |  |  | 11,818,408 |  |  |  | 9,758,233 |
Effect of dilutive securities: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Options to purchase common stock |  |  | — |  |  |  | — |  |  |  | 1,092 |  |  |  | — |
Restricted stock units |  |  | 834,700 |  |  |  | — |  |  |  | 834,700 |  |  |  | — |
Common stock warrants |  |  | — |  |  |  | — |  |  |  | 17,272 |  |  |  | — |
Convertible debentures |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Diluted |  |  | 12,717,742 |  |  |  | 9,767,640 |  |  |  | 12,671,472 |  |  |  | 9,758,233 |
Earnings (Loss) per common share: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Basic |  | $ | 0.02 |  |  | $ | (0.05 | ) |  | $ | 0.04 |  |  | $ | (0.11 | )
Diluted |  | $ | 0.02 |  |  | $ | (0.05 | ) |  | $ | 0.04 |  |  | $ | (0.11 | )
Excluded from computation: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Options to purchase common stock |  |  | 600,645 |  |  |  | 583,109 |  |  |  | 599,553 |  |  |  | 583,109 |
Restricted stock units |  |  | — |  |  |  | 594,700 |  |  |  | — |  |  |  | 594,700 |
Common stock warrants |  |  | 3,756,771 |  |  |  | 2,364,492 |  |  |  | 3,739,499 |  |  |  | 2,364,492 |
Convertible debentures |  |  | — |  |  |  | 706,169 |  |  |  | — |  |  |  | 706,169 |
|  |  | 4,357,416 |  |  |  | 4,248,470 |  |  |  | 4,339,052 |  |  |  | 4,248,470 |

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