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Incentive and Non-statutory Stock Option Plan | 3 Months Ended
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Sep. 30, 2017
Disclosure of Compensation Related Costs, Share-based Payments [Abstract] |
Incentive and Non-statutory Stock Option Plan | NOTE 16 - INCENTIVE AND NON-STATUTORY STOCK OPTION PLAN Common stock purchase options and warrants consisted of the following: OPTIONS:
|  | # of shares |  |  | Weighted Ave Exercise Price |  |  | Weighted Average Remaining Contractual Life (in years) |  |  | Aggregated Intrinsic Value |
Outstanding and exercisable, June 30, 2016 |  |  | 610,133 |  |  | $ | 4.90 |  |  |  | 0.99 |  |  | $ | 799,030 |
Granted |  |  | 79,838 |  |  | $ | 4.53 |  |  |  |  |  |  |  |  |
Exercised |  |  | (84,838 | ) |  | $ | 4.49 |  |  |  |  |  |  |  |  |
Expired / Cancelled |  |  | (130,000 | ) |  | $ | 7.50 |  |  |  |  |  |  |  |  |
Outstanding and exercisable, June 30, 2017 |  |  | 475,133 |  |  | $ | 4.20 |  |  |  | 1.05 |  |  | $ | 8,413 |
Granted |  |  | - |  |  |  | - |  |  |  |  |  |  |  |  |
Exercised |  |  | (35,773 | ) |  | $ | 3.88 |  |  |  |  |  |  |  |  |
Expired / Cancelled |  |  | (1,000 | ) |  | $ | 16.00 |  |  |  |  |  |  |  |  |
Outstanding and exercisable, September 30, 2017 |  |  | 438,360 |  |  | $ | 4.20 |  |  |  | 0.81 |  |  | $ | - |
The following table summarizes information about stock options and warrants outstanding and exercisable at September 30, 2017.
Exercise Price |  |  | Number Outstanding and Exercisable |  |  | Weighted Average Remaining Contractual Life |  |  | Weighted Ave Exercise Price |
OPTIONS: |  |  |  |  |  |  |  |  |  |
$ | 3.88 |  |  |  | 384,898 |  |  |  | 0.74 |  |  | $ | 3.88 |
$ | 6.50 |  |  |  | 53,462 |  |  |  | 1.35 |  |  | $ | 6.50 |
Totals |  |  |  | 438,360 |  |  |  | 0.81 |  |  | $ | 4.20 |
The following table summarizes stock grants awarded as compensation:
|  | # of shares |  |  | Weighted Average Grant Date Fair Value ($) |
Unvested, June 30, 2016 |  |  | 630,228 |  |  | $ | 6.07 |
Granted |  |  | 222,146 |  |  | $ | 5.92 |
Forfeited / Cancelled |  |  | (5,000 | ) |  | $ | 5.55 |
Vested |  |  | (427,175 | ) |  | $ | 5.90 |
Unvested, June 30, 2017 |  |  | 420,199 |  |  | $ | 6.07 |
Vested |  |  | (71,971 | ) |  | $ | 5.90 |
Unvested, September 30, 2017 |  |  | 348,228 |  |  | $ | 6.16 |
For the three months ended September 30, 2017 and 2016, the Company recorded compensation expense of $427,809 and $865,456, respectively. The compensation expense related to the unvested stock grants as of September 30, 2017 was $2,137,629 which will be recognized during the fiscal years 2018 through 2022.

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- Definition The entire disclosure for compensation-related costs for equity-based compensation, which may include disclosure of policies, compensation plan details, allocation of equity compensation, incentive distributions, equity-based arrangements to obtain goods and services, deferred compensation arrangements, employee stock ownership plan details and employee stock purchase plan details. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -URI http://asc.fasb.org/topic&trid=2228938 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 50 -URI http://asc.fasb.org/subtopic&trid=2208855 + Details
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