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Incentive and Non-statutory Stock Option Plan | 9 Months Ended
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Mar. 31, 2020
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 |  |  | (40,386 | ) |  | $ | 6.50 |  |  |  |  |  |  |  |  |
Outstanding and exercisable, March 31, 2020 |  |  | - |  |  |  | - |  |  |  | - |  |  | $ | - |
During the nine months ended March 31, 2020, 40,386 options outstanding and exercisable, became expired. 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 |  |  | 148,221 |  |  | $ | 5.27 |
Vested |  |  | (126,955 | ) |  | $ | 5.24 |
Forfeited / Cancelled |  |  | (991 | ) |  | $ | 6.05 |
Unvested, March 31, 2020 |  |  | 101,790 |  |  | $ | 5.79 |
For the three and nine months ended March 31, 2020, the Company recorded compensation expense of $236,702 and $565,287, respectively. For the three and nine months ended March 31, 2019, the Company recorded compensation expense of $110,939 and $980,682, respectively. The compensation expense related to the unvested stock grants as of March 31, 2019 was $539,603 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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- References No definition available. + Details
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