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Earnings Per Share (Tables)
6 Months Ended
Dec. 31, 2017
Earnings Per Share [Abstract]  
Schedule of the computations for basic and diluted earnings per share

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

 

   Three Months Ended
December 31,
   Six Months Ended
December 31,
 
   2017   2016   2017   2016 
                 
Net income  $423,350   $1,097,667   $641,046   $1,238,163 
                     
Weighted-average common shares outstanding:                    
Basic number of shares   24,525,839    16,541,205    24,380,448    16,079,030 
                     
Effect of dilutive securities:                    
Options to purchase common stock   408,493    51,433    385,424    71,605 
RSUs   1,397,866    1,132,359    1,376,887    1,115,887 
Common stock warrants   105,160    177,715    184,000    257,213 
Diluted number of shares   26,437,359    17,902,712    26,326,759    17,523,735 
                     
Earnings per common share:                    
Basic  $0.02   $0.07   $0.03   $0.08 
Diluted  $0.02   $0.06   $0.02   $0.07 

 

Schedule of potential dilutive shares were not included in the computation of diluted earnings per share

The following potential dilutive shares were not included in the computation of diluted earnings per share as their effects would be anti-dilutive:

 

   Three Months Ended
December 31,
   Six Months Ended
December 31,
 
   2017   2016   2017   2016 
Options to purchase common stock   696,811    935,899    714,710    824,218 
RSUs   213,288    344,990    183,081    278,685 
Common  stock warrants   83,589    826,709    154,590    774,455 
    993,688    2,107,598    1,052,381    1,877,358