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Incentive and Non-statutory Stock Option Plan | 6 Months Ended
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Dec. 31, 2019
Share-based Payment Arrangement [Abstract] |
Incentive and Non-statutory Stock Option Plan | NOTE 18 - INCENTIVE AND NON-STATUTORY STOCK OPTION PLAN Common stock purchase options consisted of the following:
OPTIONS: |  |  |  |  |  |  |  |  |  |  |  |
|  | # of shares |  |  | Weighted Average Exercise Price |  |  | Weighted Average Remaining Contractual Life (in years) |  |  | Aggregated Intrinsic Value |
Outstanding and exercisable, June 30, 2019 |  |  | 40,386 |  |  | $ | 6.50 |  |  |  | 0.61 |  |  | $ | 404 |
Granted |  |  | - |  |  |  | - |  |  |  |  |  |  |  |  |
Exercised |  |  | - |  |  |  | - |  |  |  |  |  |  |  |  |
Expired / Cancelled |  |  | - |  |  |  | - |  |  |  |  |  |  |  |  |
Outstanding and exercisable, December 31, 2019 |  |  | 40,386 |  |  | $ | 6.50 |  |  |  | 0.12 |  |  | $ | - |
The following table summarizes information about stock options outstanding and exercisable at December 31, 2019.
Exercise Price |  |  | Number Outstanding and Exercisable |  |  | Weighted Average Remaining Contractual Life |  |  | Weighted Average Exercise Price |
OPTIONS: |  |  |  |  |  |  |  |  |  |
$6.50 |  |  |  | 40,386 |  |  |  | 0.12 |  |  | $ | 6.50 |
Totals |  |  |  | 40,386 |  |  |  | 0.12 |  |  | $ | 6.50 |
The following table summarizes stock grants awarded as compensation:
|  | # of shares |  |  | Weighted Average Grant Date Fair Value ($) |
Unvested, June 30, 2019 |  |  | 81,515 |  |  | $ | 5.88 |
Granted |  |  | 128,221 |  |  | $ | 5.53 |
Vested |  |  | (88,824 | ) |  | $ | 5.50 |
Forfeited / Cancelled |  |  | (991 | ) |  | $ | 6.05 |
Unvested, December 31, 2019 |  |  | 119,921 |  |  | $ | 5.78 |
For the three and six months ended December 31, 2019, the Company recorded compensation expense of $164,292 and $328,585, respectively. For the three and six months ended December 31, 2018, the Company recorded compensation expense of $437,695 and $869,743, respectively. The compensation expense related to the unvested stock grants as of December 31, 2018 was $662,589 which will be recognized during the fiscal years 2020 through 2022.

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- Definition The entire disclosure for share-based payment arrangement. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -URI http://asc.fasb.org/topic&trid=2228938 + Details
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