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SIGNIFICANT ACCOUNTING POLICIES (Tables)

9 Months Ended

Mar. 31, 2017

Significant Accounting Policies Tables

Basic and diluted earnings per share

		Three Months Ended								Nine Months Ended
		March 31,								March 31,
		2017				2016				2017				2016
Numerator
Net income (loss) applicable to common shareholders		$	699,414			$	118,480			$	2,309,943			$	(377,577	)
Denominator
Weighted average common shares outstanding, basic			19,390,000				19,196,000				19,331,000				19,128,000
Warrants to purchase common stock			963,000				767,000				920,000				-
Weighted average common shares outstanding, diluted			20,353,000				19,963,000				20,251,000				19,128,000
Net income (loss) per share
Basic		$	0.04			$	0.01			$	0.12			$	(0.02	)
Diluted		$	0.03			$	0.01			$	0.11			$	(0.02	)

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- References

No definition available.

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- Definition

Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257

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