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SUBSEQUENT EVENTS
9 Months Ended
Mar. 31, 2016
Subsequent Events [Abstract]  
SUBSEQUENT EVENTS

Subsequent to March 31, 2016, the Company issued 13,057 shares of common stock in connection with issuances under the Company’s Employee Stock Purchase Plan for the vesting of employee stock grants. The Company also issued 27,394 shares of Series B-1 Preferred for dividends paid in kind on the outstanding shares of Series B Preferred and for an accrued bonus.

 

We have evaluated subsequent events through the date of this filing in accordance with the Subsequent Events Topic of the FASB ASC 855, and have determined that no additional subsequent events are reasonably likely to impact the financial statements.