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Earnings Per Share (Tables)

6 Months Ended

Dec. 31, 2015

Earnings Per Share [Abstract]

Schedule of the computations for basic and diluted earnings per share

The computations for basic and diluted earnings per share are described in the following table:

		(unaudited)
		Three months ended								Six months ended
		December 31,								December 31,
		2015				2014				2015				2014

Net income (loss)		$	(535,583	)		$	141,213			$	307,390			$	(437,837	)

Weighted average common shares outstanding:
Basic			15,250,146				14,305,985				15,244,747				14,297,807

Effect of dilutive securities:
Options to purchase common stock			—				27,952				53,491				—
Restricted stock units			—				1,075,300				899,856				—
Common stock warrants			—				10,688				396,665				—
Diluted			15,250,146				15,419,925				16,594,759				14,297,807


Earnings (Loss) per common share:
Basic		$	(0.04	)		$	0.01			$	0.02			$	(0.03	)
Diluted		$	(0.04	)		$	0.01			$	0.02			$	(0.03	)


Excluded from computation:
Options to purchase common stock			803,348				696,206				707,889				724,158
Restricted stock units			1,239,821				—				257,701				1,075,300
Common stock warrants			1,438,415				2,116,542				1,095,044				2,127,230
			3,481,584				2,812,748				2,060,634				3,926,688