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9. LONG-TERM INCENTIVE PLAN AWARDS (Tables)
3 Months Ended
Sep. 30, 2012
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Schedule of Stock Option Activity

A summary of the status of our stock options is presented below: 

 

                Weighted-        
                Average        
          Weighted-     Remaining        
          Average     Contractual     Aggregate  
          Exercise     Life     Intrinsic  
Options   Shares     Price     (In Years)     Value  
                                 
Outstanding as of June 30, 2012     1,328,170     $ 1.16       7.09     $ 305,395  
Granted                        
Exercised                        
Cancelled                        
Forfeited or Expired                        
                                 
Outstanding as of September 30, 2012     1,328,170     $ 1.16       6.86     $ 947,092  
                                 
Exercisable as of September 30, 2012     354,166     $ 0.68       3.05     $ 451,070