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Stock-Based Compensation (Tables) | 9 Months Ended
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Mar. 31, 2024
Stock-Based Compensation [Abstract] |
Schedule Of Range Of Assumptions Used To Value Stock Options Granted | Nine months ended March 31, 2024 2023 Expected volatility 56 % 0 % Expected dividends 0 % 0 % Expected life (in years) 5 0 Risk-free rate 2.1 % 0.0 %
Summarized Stock Option Activity | Number of shares Weighted average exercise price ($) Weighted average remaining contractual term (in years) Aggregate intrinsic value ($'000) Weighted average grant date fair value ($) Outstanding - June 30, 2023 673,274 4.37 5.14 239 1.67 Granted - December 2023 500,000 3.50 5.17 880 1.76 Exercised (23,217) 1.20 - 14 - Forfeited (195,739) 3.93 - - 1.39 Outstanding - March 31, 2024 954,318 4.03 5.24 45 1.78 Outstanding - June 30, 2022 926,225 4.14 6.60 1,249 1.60 Exercised (147,326) 3.04 - 190 - Forfeited (66,959) 3.66 - - - Outstanding - March 31, 2023 711,940 4.41 5.42 670 1.64 Number of shares Weighted average exercise price ($) Weighted average remaining contractual term (in years) Aggregate intrinsic value ($’000) Vested and expecting to vest - March 31, 2024 954,318 4.03 5.24 45 Number of shares Weighted average exercise price ($) Weighted average remaining contractual term (in years) Aggregate intrinsic value ($’000) Exercisable - March 31, 2024 425,746 4.60 5.69 45
Restricted Stock Activity | Number of shares of restricted stock Weighted average grant date fair value ($’000) Non-vested – June 30, 2023 2,614,419 11,869 Total granted 934,521 3,622 Granted – October 2023 333,080 1,456 Granted – October 2023, with performance conditions 310,916 955 Granted – October 2023 225,000 983 Granted – January 2024 56,330 197 Granted – February 2024 9,195 31 Total vested (339,803) 1,274 Vested – July 2023 (78,800) 302 Vested – November 2023 (109,833) 429 Vested – December 2023 (67,073) 234 Vested – February 2024 (14,811) 53 Vested – March 2024 (69,286) 256 Forfeitures (77,668) 278 Non-vested – March 31, 2024 3,131,469 13,434 Non-vested – June 30, 2022 2,385,267 11,879 Total Granted 1,062,153 4,287 Granted – July 2022 32,582 172 Granted – August 2022 179,498 995 Granted – November 2022 150,000 605 Granted – December 2022 430,399 1,862 Granted – December 2022, with performance awards 257,868 596 Granted – January 2023 11,806 57 Total vested (234,159) 1,098 Vested – July 2022 (78,801) 410 Vested – November 2022 (59,833) 250 Vested – December 2022 (7,060) 29 Vested – February 2023 (19,179) 83 Vested – March 2023 (69,286) 326 Total granted and vested - December 2022 - - Granted - December 2022 300,000 1,365 Vested - December 2022 (300,000) 1,365 Forfeitures (18,798) 9,235 Non-vested – March 31, 2023 3,194,463 14,822
Recorded Net Stock Compensation Charge | Total charge Allocated to cost of goods sold, IT processing, servicing and support Allocated to selling, general and administration Three months ended March 31, 2024 Stock-based compensation charge $ 2,202 $ - $ 2,202 Reversal of stock compensation charge related to stock options and restricted stock forfeited (112) - (112) Total - three months ended March 31, 2024 $ 2,090 $ - $ 2,090 Three months ended March 31, 2023 Stock-based compensation charge $ 1,667 $ - $ 1,667 Reversal of stock compensation charge related to stock options and restricted stock forfeited (23) - (23) Total - three months ended March 31, 2023 $ 1,644 $ - $ 1,644 a Total charge Allocated to cost of goods sold, IT processing, servicing and support Allocated to selling, general and administration Nine months ended March 31, 2024 Stock-based compensation charge $ 5,782 $ - $ 5,782 Reversal of stock compensation charge related to stock options forfeited (129) - (129) Total - nine months ended March 31, 2024 $ 5,653 $ - $ 5,653 Nine months ended March 31, 2023 Stock-based compensation charge $ 5,978 $ - $ 5,978 Reversal of stock compensation charge related to stock options and restricted stock forfeited (23) - (23) Total - nine months ended March 31, 2023 $ 5,955 $ - $ 5,955

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