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StockBased Compensation (Tables)
6 Months Ended
Dec. 31, 2021
StockBased Compensation (Tables)  
Stock-based compensation expense

 

 

Three Months Ended December 31,

 

 

Six Months Ended December 31,

 

 

 

2021

 

 

2020

 

 

2021

 

 

2020

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Stock options

 

$25,879

 

 

$19,021

 

 

$50,007

 

 

$34,241

 

RSUs

 

 

158,659

 

 

 

87,146

 

 

 

251,122

 

 

 

208,775

 

Total

 

$184,538

 

 

$106,167

 

 

$301,129

 

 

$243,016

 

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

 

 

71.2%
Dividend yields

 

 

0%
Weighted-average risk-free interest rate

 

 

0.74%
Weighted-average expected term, in years

 

 

7.49

 

 

 

 

 

 

 

 

 Stock Options

 

 

 Restricted Stock Units (RSUs)

 

 

 

 

 

 

Weighted-

 

 

Weighted-

 

 

 

 

 

Weighted-

 

 

 

 

 

 

Average

 

 

Average

 

 

 

 

 

Average

 

 

 

 

 

 

Exercise

 

 

Remaining

 

 

 

 

 

Remaining

 

 

 

 Shares

 

 

 Price

 

 

 Contract

 

 

 Shares

 

 

 Contract

 

June 30, 2021

 

 

432,927

 

 

$2.01

 

 

 

8.8

 

 

 

1,761,885

 

 

 

0.9

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Granted

 

 

-

 

 

$-

 

 

 

 

 

 

 

318,461

 

 

 

1.5

 

Exercised

 

 

-

 

 

$-

 

 

 

 

 

 

 

(27,341)

 

 

 

 

Cancelled/Forfeited

 

 

(15,526)

 

$1.86

 

 

 

 

 

 

 

(5,534)

 

 

 

 

December 31, 2021

 

 

417,401

 

 

$2.02

 

 

 

8.3

 

 

 

2,047,471

 

 

 

0.9

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Awards exercisable/

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

vested as of

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2021

 

 

109,630

 

 

$1.60

 

 

 

7.5

 

 

 

1,334,978

 

 

 

-

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Awards unexercisable/

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

unvested as of

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2021

 

 

307,771

 

 

$2.16

 

 

 

8.6

 

 

 

712,493

 

 

 

0.9

 

 

 

 

417,401

 

 

 

 

 

 

 

 

 

 

 

2,047,471

 

 

 

 

 

Schedule of share-based compensation future cost to be recognized

Fiscal Year Ending:

 

Stock Options

 

 

RSUs

 

 

Total

 

June 30, 2022 (remaining six months)

 

$53,361

 

 

$378,642

 

 

$432,003

 

June 30, 2023

 

 

115,881

 

 

 

455,653

 

 

 

571,534

 

June 30, 2024

 

 

94,196

 

 

 

190,864

 

 

 

285,060

 

June 30, 2025

 

 

33,885

 

 

 

54,308

 

 

 

88,193

 

 

 

$297,323

 

 

$1,079,467

 

 

$1,376,790