XML 28 R17.htm IDEA: XBRL DOCUMENT v3.7.0.1
SIGNIFICANT ACCOUNTING POLICIES (Details) - USD ($)
3 Months Ended 9 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Mar. 31, 2017
Mar. 31, 2016
Numerator        
Net income (loss) applicable to common shareholders $ 699,414 $ 118,480 $ 2,309,943 $ (377,577)
Denominator        
Weighted average shares, basic 19,390,000 19,196,000 19,331,000 19,128,000
Warrants to purchase common stock 963,000 767,000 920,000 0
Weighted average shares, diluted 20,353,000 19,963,000 20,251,000 19,128,000
Net income (loss per share)        
Basic income (loss) per share $ 0.04 $ 0.01 $ 0.12 $ (0.02)
Diluted income (loss) per share $ 0.03 $ 0.01 $ .11 $ (0.02)