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Earnings Per Share (Tables) | 9 Months Ended
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Mar. 31, 2017
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 |  |  | Nine months ended |
|  | March 31, |  |  | March 31, |
|  | 2017 |  |  | 2016 |  |  | 2017 |  |  | 2016 |
Net income |  | $ | 100,824 |  |  | $ | 775,758 |  |  | $ | 1,338,987 |  |  | $ | 1,083,148 |
Basic |  |  | 23,818,136 |  |  |  | 15,530,574 |  |  |  | 18,621,072 |  |  |  | 15,339,337 |
Options to purchase common stock |  |  | 208,429 |  |  |  | 193,488 |  |  |  | 92,094 |  |  |  | 73,737 |
RSUs |  |  | 1,267,572 |  |  |  | 1,102,129 |  |  |  | 1,139,142 |  |  |  | 935,041 |
Common stock warrants |  |  | 334,566 |  |  |  | 577,961 |  |  |  | 293,668 |  |  |  | 495,765 |
Diluted |  |  | 25,628,703 |  |  |  | 17,404,152 |  |  |  | 20,145,976 |  |  |  | 16,843,880 |
Earnings per common share: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Basic |  | $ | 0.00 |  |  | $ | 0.05 |  |  | $ | 0.07 |  |  | $ | 0.07 |
Diluted |  | $ | 0.00 |  |  | $ | 0.04 |  |  | $ | 0.07 |  |  | $ | 0.06 |
Options to purchase common stock |  |  | 883,701 |  |  |  | 631,869 |  |  |  | 868,209 |  |  |  | 708,811 |
RSUs |  |  | 262,983 |  |  |  | 209,666 |  |  |  | 300,096 |  |  |  | 273,553 |
Common stock warrants |  |  | 531,925 |  |  |  | 578,212 |  |  |  | 683,744 |  |  |  | 885,277 |
|  |  | 1,678,609 |  |  |  | 1,419,747 |  |  |  | 1,852,049 |  |  |  | 1,867,641 |

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- Definition Tabular disclosure of the weighted average number of shares used in calculating basic net earnings per share (or unit) and diluted earnings per share (or unit). + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257 + Details
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