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Compensatory Equity Incentive Plan and Other Equity Incentives (Tables)

9 Months Ended

Mar. 31, 2018

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

Schedule of share based compensation award plans

						Award Shares				Available for
		Award Shares				Outstanding				Issuance
		Authorized				at March 31,				at March 31,
Equity Compensation Arrangement						2018				2018
Omnibus Plan			5,115,625				2,678,482				1,665,776
2014 ESPP			400,000				—				358,008
			5,515,625				2,678,482				2,023,784

Schedule of stock options fair value assumptions

	Nine months ended March 31,
	2018	2017
Weighted-average expected volatility	63% - 75%	77% - 83%
Dividend yields	0%	0%
Weighted-average risk-free interest rate	1.28% - 1.80%	1.18% - 1.90%
Weighted-average expected term, in years	7.25	7.49

Schedule of share-based payment awards activity

														Restricted
		Stock Options												Stock Units (RSUs)
						Weighted-				Weighted-								Weighted-
						Average				Average								Average
						Exercise				Remaining								Remaining
		Shares				Price				Contract				Shares				Contract
June 30, 2017			1,096,186			$	1.68				6.3				1,508,782				0.9
Granted			58,849			$	4.24				—				140,571				—
Exercised			(93,813	)		$	2.10				—				—				—
Cancelled/Forfeited			(32,093	)		$	2.62				—				—				—
March 31, 2018			1,029,129			$	1.74				6.4				1,649,353				0.9
Awards exercisable/
vested as of
March 31, 2018			818,960			$	1.60				5.9				1,287,370				—
Awards unexercisable/
unvested as of
March 31, 2018			210,169			$	2.27				8.6				361,983				0.9
			1,029,129												1,649,353

Schedule of share-based compensation future cost to be recognized

		Stock
		Options				RSUs				Total
Three months ending June 30, 2018			8,938				85,036				93,974
Year ending June 30, 2019			19,747				264,982				284,729
Year ending June 30, 2020			6,720				149,944				156,664
Year ending June 30, 2021			3,733				29,978				33,711
		$	39,138			$	529,940			$	569,078

Summary of the number and weighted average grant date fair values regarding our unexercisable/unvested awards

Unexercisable/unvested awards	Stock Options Shares		RSU Shares		Total Shares			Weighted-Average
								Grant Date Fair Values
								(per share)
June 30, 2017	244,511		438,912		683,423			$	1.39
Granted	58,849		140,571		199,420			$	3.69
Vested	(83,441)		(217,500)		(300,941)			$	3.79
Cancelled/Forfeited	(9,750)		—		(9,750)			$	0.97
March 31, 2018	210,169		361,983		572,152			$	1.51

Schedule of total stock-based compensation expense included in the consolidated statements of comprehensive income

		Nine Months Ended March 31,
		2018				2017
Stock options		$	249,946			$	34,882
RSUs			29,450				284,300
Total		$	279,396			$	319,182
The amounts above were included in:
Selling, general & administrative		$	274,004			$	315,429
Cost of sales			4,388				2,792
New product development			1,004				961
		$	279,396			$	319,182

X

- Definition

Tabular disclosure of the number of unvested share options and restricted stock units and shares expected to vest at the date of the latest statement of financial position, weighted-average exercise price (or conversion ratio), aggregate intrinsic value (except for nonpublic entities), and weighted-average remaining contractual term for both options and restricted stock units currently outstanding and options and restricted stock units exercisable (or convertible).

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Tabular disclosure of components of a stock option or other award plan under which equity-based compensation is awarded to employees, typically comprised of the amount of unearned compensation (deferred compensation cost), compensation expense, and changes in the quantity and fair value of the shares (or other type of equity) granted, exercised, forfeited, and issued and outstanding pertaining to that plan. Disclosure may also include nature and general terms of such arrangements that existed during the period and potential effects of those arrangements on shareholders, effect of compensation cost arising from equity-based payment arrangements on the income statement, method of estimating the fair value of the goods or services received, or the fair value of the equity instruments granted, during the period, cash flow effects resulting from equity-based payment arrangements and, for registrants that accelerate vesting of out of the money share options, reasons for the decision to accelerate.

+ References

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-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=96867065&loc=d3e5070-113901

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Tabular disclosure of the allocation of equity-based compensation costs to a given line item on the balance sheet and income statement for the period. This may include the reporting line for the costs and the amount capitalized and expensed.

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Tabular disclosure for share-based compensation plans. Includes, but is not limited to, outstanding awards at beginning and end of year, grants, exercises, forfeitures, and weighted-average grant date fair value.

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Tabular disclosure of the significant assumptions used during the year to estimate the fair value of stock options, including, but not limited to: (a) expected term of share options and similar instruments, (b) expected volatility of the entity's shares, (c) expected dividends, (d) risk-free rate(s), and (e) discount for post-vesting restrictions.

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Tabular disclosure of the total compensation cost related to nonvested awards not yet recognized and the weighted-average period over which it is expected to be recognized.

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