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Stockholders' Equity (Tables) | 12 Months Ended
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Jun. 30, 2016
Stockholders' Equity Note [Abstract] |
Schedule of Share-based Compensation, Stock Options, Activity | 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 July 1, 2014 |  |  | 1,888,851 |  | $ | 1.27 |  |  | 1,526,130 |  | $ | 1.21 |  |  | 362,721 |  | $ | 1.53 |
Granted |  |  | 577,985 |  |  | 1.04 |  |  | 495,000 |  |  | 1.07 |  |  | 82,985 |  |  | 0.86 |
Options vesting |  |  | - |  |  | - |  |  | 235,124 |  |  | 1.51 |  |  | (235,124) |  |  | 1.51 |
Exercised |  |  | - |  |  | - |  |  | - |  |  | - |  |  | - |  |  | - |
Forfeited/Cancelled |  |  | - |  |  | - |  |  | - |  |  | - |  |  | - |  |  | - |
Outstanding at June 30, 2015 |  |  | 2,466,836 |  |  | 1.22 |  |  | 2,256,254 |  |  | 1.21 |  |  | 210,582 |  |  | 1.29 |
Granted |  |  | 520,982 |  |  | 0.83 |  |  | 299,750 |  |  | 0.77 |  |  | 221,232 |  |  | 0.68 |
Options vesting |  |  | - |  |  | - |  |  | 226,798 |  |  | 0.87 |  |  | (226,798) |  |  | 0.87 |
Exercised |  |  | - |  |  | - |  |  | - |  |  | - |  |  | - |  |  | - |
Forfeited/Cancelled |  |  | (270,625) |  |  | 1.04 |  |  | (265,469) |  |  | 1.03 |  |  | (5,156) |  |  | 1.80 |
Outstanding at June 30, 2016 |  |  | 2,717,193 |  | $ | 1.16 |  |  | 2,517,333 |  | $ | 1.17 |  |  | 199,860 |  | $ | 1.06 |
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions | The following table presents the assumptions used to estimate the fair values based upon a Black-Scholes option pricing model of the stock options granted during the years ended June 30, 2016 and 2015.
|  | Years Ended June 30, |
|  | 2016 |  |  | 2015 |
Expected dividend yield |  |  | 0 | % |  |  | 0 | %
Risk-free interest rate |  |  | 1.17% - 1.87 | % |  |  | 1.54% - 1.86 | %
Expected life (in years) |  |  | 5 - 6 |  |  |  | 5 - 6 |
Expected volatility |  |  | 80% - 84 | % |  |  | 80% - 89 | %
Schedule of Share-based Compensation, by Exercise Price Range | Additional information regarding stock options outstanding and exercisable as of June 30, 2016 is as follows:
Option |  |  |  | Remaining |  |  |
Exercise |  | Options |  | Contractual |  | Options |
Price |  | Outstanding |  | Life (in years) |  | Exercisable |
$ | 0.59 |  |  | 8,150 |  |  | 9.66 |  |  | - |
| 0.60 |  |  | 5,000 |  |  | 9.62 |  |  | - |
| 0.65 |  |  | 6,150 |  |  | 8.36 |  |  | 3,588 |
| 0.70 |  |  | 225,000 |  |  | 9.44 |  |  | 225,000 |
| 0.77 |  |  | 59,500 |  |  | 8.14 |  |  | 44,667 |
| 0.80 |  |  | 16,000 |  |  | 9.15 |  |  | 16,000 |
| 0.90 |  |  | 25,667 |  |  | 9.10 |  |  | 15,000 |
| 1.00 |  |  | 370,890 |  |  | 2.72 |  |  | 358,942 |
| 1.02 |  |  | 287,000 |  |  | 4.08 |  |  | 287,000 |
| 1.05 |  |  | 108,445 |  |  | 8.90 |  |  | 103,519 |
| 1.07 |  |  | 53,898 |  |  | 6.30 |  |  | 53,898 |
| 1.09 |  |  | 166,165 |  |  | 9.90 |  |  | 43,750 |
| 1.10 |  |  | 255,000 |  |  | 9.01 |  |  | 255,000 |
| 1.15 |  |  | 228,000 |  |  | 6.61 |  |  | 228,000 |
| 1.20 |  |  | 31,414 |  |  | 7.89 |  |  | 23,561 |
| 1.25 |  |  | 32,000 |  |  | 6.63 |  |  | 32,000 |
| 1.30 |  |  | 263,000 |  |  | 4.68 |  |  | 263,000 |
| 1.50 |  |  | 380,000 |  |  | 1.56 |  |  | 380,000 |
| 1.75 |  |  | 1,067 |  |  | 7.58 |  |  | 800 |
| 1.80 |  |  | 169,425 |  |  | 7.23 |  |  | 158,423 |
| 1.85 |  |  | 24,000 |  |  | 6.89 |  |  | 24,000 |
| 1.97 |  |  | 1,422 |  |  | 7.40 |  |  | 1,185 |
Total |  |  | 2,717,193 |  |  |  |  |  | 2,517,333 |
Schedule of Other Share-based Compensation, Activity | The following table summarizes warrant activity:
|  |  |  | Weighted |
|  |  |  | Average |
|  | Number of |  | Exercise |
|  | Warrants |  | Price |
Outstanding, June 30, 2014 |  |  | 904,998 |  | $ | 1.73 |
Granted |  |  | - |  |  | - |
Exercised |  |  | - |  |  | - |
Expired/Cancelled |  |  | (599,998) |  |  | 1.26 |
Outstanding, June 30, 2015 |  |  | 305,000 |  |  | 1.26 |
Granted |  |  | 1,785,000 |  |  | 1.25 |
Exercised |  |  | - |  |  | - |
Expired/Cancelled |  |  | (100,000) |  |  | 1.22 |
Outstanding, June 30, 2016 |  |  | 1,990,000 |  | $ | 1.25 |
Exercisable, June 30, 2015 |  |  | 305,000 |  | $ | 1.26 |
Exercisable, June 30, 2016 |  |  | 1,990,000 |  | $ | 1.25 |
Schedule of Stockholders' Equity Note, Warrants or Rights | Additional information regarding warrants outstanding and exercisable as of June 30, 2016 is as follows:
|  |  |  | Remaining |  |  |
Warrant |  | Warrants |  | Contractual |  | Warrants |
Exercise Price |  | Outstanding |  | Life (in years) |  | Exercisable |
$1.19 |  |  | 100,000 |  |  | 5.48 |  |  | 100,000 |
1.25 |  |  | 1,885,000 |  |  | 4.95 |  |  | 1,885,000 |
3.50 |  |  | 2,500 |  |  | - |  |  | 2,500 |
4.00 |  |  | 2,500 |  |  | - |  |  | 2,500 |
Total |  |  | 1,990,000 |  |  |  |  |  | 1,990,000 |
Schedule of Nonvested Restricted Stock Units Activity | The following table summarizes restricted common stock activity:
|  |  |  | Weighted |
|  |  |  | Average |
|  | Number of |  | Grant Date |
|  | Shares |  | Fair Value |
Non-vested, June 30, 2014 |  |  | 227,827 |  |  | 1.72 |
Granted |  |  | 647,353 |  |  | 0.86 |
Vested |  |  | (138,433) |  |  | 1.75 |
Forfeited |  |  | - |  |  | - |
Non-vested, June 30, 2015 |  |  | 736,747 |  |  | 0.96 |
Granted |  |  | 414,366 |  |  | 0.76 |
Vested |  |  | (444,471) |  |  | 0.99 |
Forfeited |  |  | - |  |  | - |
Non-vested, June 30, 2016 |  |  | 706,642 |  | $ | 0.82 |

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- Definition Tabular disclosure of the changes in outstanding nonvested restricted stock units. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c)(2) -URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901 + Details
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- Definition Tabular disclosure of the changes in other outstanding share-based compensation awards other than stock options or nonvested awards. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c)(2) -URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901 + Details
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- Definition 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 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901 + Details
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- Definition Tabular disclosure of the number and weighted-average exercise prices (or conversion ratios) for share options (or share units) that were outstanding at the beginning and end of the year, vested and expected to vest, exercisable or convertible at the end of the year, and the number of share options or share units that were granted, exercised or converted, forfeited, and expired during the year. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c)(1) -URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901 + Details
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- Definition Tabular disclosure of the significant assumptions used during the year to estimate the fair value of stock options, including, but not limited to: (a) expected term of share options and similar instruments, (b) expected volatility of the entity's shares, (c) expected dividends, (d) risk-free rate(s), and (e) discount for post-vesting restrictions. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (f)(2) -URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901 + Details
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- Definition Tabular disclosure of warrants or rights issued. Warrants and rights outstanding are derivative securities that give the holder the right to purchase securities (usually equity) from the issuer at a specific price within a certain time frame. Warrants are often included in a new debt issue to entice investors by a higher return potential. The main difference between warrants and call options is that warrants are issued and guaranteed by the company, whereas options are exchange instruments and are not issued by the company. Also, the lifetime of a warrant is often measured in years, while the lifetime of a typical option is measured in months. Disclose the title of issue of securities called for by warrants and rights outstanding, the aggregate amount of securities called for by warrants and rights outstanding, the date from which the warrants or rights are exercisable, and the price at which the warrant or right is exercisable. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08(i)) -URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5047-113901 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 50 -Section S99 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6784392&loc=d3e188667-122775 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 50 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=68057994&loc=d3e25284-112666 + Details
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