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INCENTIVE AND NON-STATUTORY STOCK OPTION PLAN
 6 Months Ended
Dec. 31, 2024
Share-Based Payment Arrangement [Abstract]  
INCENTIVE AND NON-STATUTORY STOCK OPTION PLAN

NOTE 14 – 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, 2024   250,000   $2.15    0.50      
Granted   -    -    -    - 
Exercised   (200,000)   2.15    -    - 
Expired / Cancelled   -    -    -    - 
Outstanding and exercisable, December 31, 2024   50,000   $2.15    0.003   $23,500 

 

The aggregate intrinsic value at December 31, 2024 represents the difference between the Company’s closing stock price of $2.62 on December 31, 2024 and the exercise price of the in-the-money stock options.

 

The following table summarizes information about stock options outstanding and exercisable at December 31, 2024.

 

Exercise Price  Number Outstanding and Exercisable   Weighted Average Remaining Contractual Life   Weighted Average Exercise Price 
OPTIONS:               
                
$2.15   50,000    0.003   $2.15 
$2.15   50,000    0.003   $2.15 
Totals   50,000    0.003   $2.15