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Stockholders' Equity (Tables)

9 Months Ended

Mar. 31, 2019

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
		Shares				Weighted Average Exercise Price				Shares				Weighted Average Exercise Price				Shares				Weighted Average Exercise Price
Outstanding at June 30, 2018			2,991,835			$	1.16				2,885,376			$	1.15				106,459			$	1.27
Granted			697,000				2.21				250,000				2.40				447,000				2.10
Options vesting			-				-				45,959				1.11				(45,959	)			1.11
Exercised			(198,500	)			1.34				(198,500	)			1.34				-				-
Forfeited/Cancelled			(25,000	)			1.05				(16,667	)			1.05				(8,333	)			1.05
Outstanding at March 31, 2019			3,465,335			$	1.36				2,966,168			$	1.24				499,167			$	2.03

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 nine months ended March 31, 2019 and 2018.

			Nine Months Ended March 31,
			2019				2018
Expected dividend yield				0	%			0	%
Risk-free interest rate				2.82% - 3.00	%			1.45% - 2.60	%
Expected life (in years)				5 - 6				2.6 - 6
Expected volatility				68% - 69	%			70% - 76	%

Schedule of Share-based Compensation, by Exercise Price Range

Additional information regarding stock options outstanding and exercisable as of March 31, 2019 is as follows:

Option Exercise Price				Options Outstanding				Remaining Contractual Life (in years)				Options Exercisable
$	0.59				8,150				3.25				8,150
	0.60				5,000				3.25				5,000
	0.65				6,150				3.25				6,150
	0.70				225,000				6.68				225,000
	0.77				59,500				4.51				59,500
	0.80				16,000				6.39				16,000
	0.90				25,667				5.06				25,667
	0.97				6,000				3.25				6,000
	1.00				215,249				0.75				215,249
	1.02				227,000				1.68				227,000
	1.05				422,529				7.36				416,362
	1.07				53,898				3.55				53,898
	1.09				156,165				6.71				156,165
	1.10				105,000				6.25				105,000
	1.14				3,674				3.25				3,674
	1.15				209,400				2.57				209,400
	1.20				352,414				8.33				341,414
	1.25				32,000				3.88				32,000
	1.30				243,000				2.93				243,000
	1.50				195,000				3.63				195,000
	1.59				35,000				9.12				-
	1.75				1,067				3.25				1,067
	1.80				140,050				4.15				140,050
	1.85				24,000				3.84				24,000
	1.95				295,000				9.27				-
	1.97				1,422				3.25				1,422
	2.40				402,000				9.63				250,000
	Total				3,465,335								2,966,168

Schedule of Other Share-based Compensation, Activity

The following table summarizes warrant activity:

		Number of Warrants				Weighted Average Exercise Price
Outstanding, June 30, 2018			1,985,000			$	1.25
Granted			-				-
Exercised			(100,000	)			1.22
Expired/Cancelled			-				-
Outstanding, March 31, 2019			1,885,000			$	1.25
Exercisable, June 30, 2018			1,985,000			$	1.25
Exercisable, March 31, 2019			1,885,000			$	1.25

Schedule of Stockholders' Equity Note, Warrants or Rights

Additional information regarding warrants outstanding and exercisable as of March 31, 2019 is as follows:

Warrant Exercise Price				Warrants Outstanding				Remaining Contractual Life (in years)				Warrants Exercisable
$	1.19				50,000				2.73				50,000
	1.25				1,835,000				2.22				1,835,000
	Total				1,885,000								1,885,000

Schedule of Nonvested Restricted Stock Units Activity

The following table summarizes restricted common stock activity:

		Number of Shares				Fair Value				Weighted Average Grant Date Fair Value
Non-vested, June 30, 2018			416,619			$	360,160			$	1.08
Granted			162,362				335,709				2.07
Vested			(222,221	)			(229,031	)			1.01
Forfeited			-				-				-
Non-vested, March 31, 2019			356,760			$	466,838			$	1.57

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Tabular disclosure of the changes in outstanding nonvested restricted stock units.

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