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Stockholders' Equity (Tables)

3 Months Ended

Sep. 30, 2013

Stockholders' Equity Note [Abstract]

Schedule of Share-based Compensation, Stock Options, Activity [Table Text Block]

The following table summarizes vested and unvested stock option activity:

		All Options					Vested Options					Unvested Options
					Weighted					Weighted					Weighted
					Average					Average					Average
					Exercise					Exercise					Exercise
		Shares			Price		Shares			Price		Shares			Price
Outstanding at June 30, 2013		1,692,898			1.24		1,352,730			1.23		340,168			1.29
Granted		190,050			1.80		7,400			1.80		182,650			1.80
Options vesting		-			-		24,250			1.47		(24,250)			1.47
Exercised		-			-		-			-		-			-
Forfeited/Cancelled		-			-		-			-		-			-
Outstanding at September 30, 2013		1,882,948		$	1.30		1,384,380		$	1.24		498,568		$	1.47

Schedule of Share-based Compensation, Shares Authorized under Stock Option Plans, by Exercise Price Range [Table Text Block]

Additional information regarding stock options outstanding and exercisable as of September 30, 2013 is as follows:

					Remaining
					Contractual		Options
Option Exercise Price			Options Outstanding		Life (in years)		Exercisable
$	1.00		347,000		5.66		347,000
	1.02		287,000		6.83		287,000
	1.07		53,898		9.05		33,897
	1.15		278,000		9.36		150,000
	1.25		32,000		9.38		-
	1.30		263,000		8.43		153,417
	1.50		380,000		4.31		380,000
	1.80		190,050		9.98		7,400
	1.85		24,000		9.64		-
	3.00		15,000		7.29		13,750
	3.05		10,000		7.37		9,166
	3.65		3,000		7.48		2,750
	Total		1,882,948				1,384,380

Schedule Of Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options [Table Text Block]

The following table summarizes warrant activity:

					Weighted
					Average
		Number of			Exercise
		Warrants			Price
Outstanding, June 30, 2013		2,376,173			2.06
Granted		-			-
Exercised		-			-
Expired		(150,000)			2.00
Outstanding, September 30, 2013		2,226,173		$	2.07
Exercisable, June 30, 2013		2,376,173		$	2.06
Exercisable, September 30, 2013		2,226,173		$	2.07

Schedule Warrants Outstanding and Exercisable [Table Text Block]

Additional information regarding warrants outstanding and exercisable as of September 30, 2013 is as follows:

					Remaining
Warrant			Warrants		Contractual		Warrants
Exercise Price			Outstanding		Life (in years)		Exercisable
$	1.19		150,000		8.23		150,000
	1.25		150,000		2.10		150,000
	1.75		333,331		1.14		333,331
	2.00		931,175		0.13		931,175
	2.25		266,667		1.22		266,667
	3.00		390,000		0.38		390,000
	3.50		2,500		2.75		2,500
	4.00		2,500		2.75		2,500
	Total		2,226,173				2,226,173

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Tabular disclosure of Schedule Of share based compensation arrangement by share based payment award equity instruments other than options.

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Tabular disclosure of option exercise prices, by grouped ranges, including the upper and lower limits of the price range, the number of shares under option, weighted average exercise price and remaining contractual option terms.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 718

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