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ACCRUED LIABILITIES (Tables) | 12 Months Ended
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Jun. 30, 2016
Payables and Accruals [Abstract] |
Accrued liabilities | Accrued liabilities consist of the following at June 30, 2016 and 2015:
|  | 2016 |  |  | 2015 |
Accrued stock-based compensation |  | $ | 768,055 |  |  | $ | 1,665,731 |
Accrued compensation |  |  | 336,957 |  |  |  | 506,064 |
Accrued other liabilities |  |  | 214,432 |  |  |  | 225,140 |
Accrued dividends |  |  | 182,759 |  |  |  | 124,176 |
|  | $ | 1,502,203 |  |  | $ | 2,521,111 |

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- Definition Tabular disclosure of the components of accrued liabilities. + References No definition available. + Details
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