XML 35 R23.htm IDEA: XBRL DOCUMENT v3.25.3
INCENTIVE AND NON-STATUTORY STOCK OPTION PLAN
 3 Months Ended
Sep. 30, 2025
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, 2025   50,000   $          2.94    1.89    - 
Granted   -    -    -      
Exercised   -    -    -      
Expired / Cancelled   -    -    -      
Outstanding and exercisable, September 30, 2025   50,000   $2.94    1.64   $90,500 

 

The aggregate intrinsic value at September 30, 2025 represents the difference between the Company’s closing stock price of $4.75 on September 30, 2025 and the exercise price of the in-the-money stock options.

 

The following table summarizes information about stock options outstanding and exercisable at September 30, 2025.

 

Exercise Price 

Number

Outstanding

and

Exercisable

  

Weighted Average

Remaining

Contractual Life

  

Weighted Average

Exercise Price

 
OPTIONS:                                
                
$2.94   50,000    1.64   $2.94 
Totals   50,000    1.64   $2.94