XML 23 R13.htm IDEA: XBRL DOCUMENT v3.25.0.1
STOCK-BASED COMPENSATION
 6 Months Ended
Dec. 31, 2024
Equity [Abstract]  
STOCK-BASED COMPENSATION

 

5. STOCK-BASED COMPENSATION

 

Stock Options

 

The following table summarizes stock-based compensation expense for the three months and six months ended December 31, 2024 and 2023.

 

The following table summarizes stock-based compensation expense for the three and six months ended December 31, 2024 and 2023:

            
   Three Months
Ended December 31,		  Six Months
Ended December 31,
   2024  2023  2024  2023
Cost of Goods Sold  $39,226   $21,876   $78,452   $44,502 
Selling, General and Administrative   268,980    360,555    379,118    446,675 
Stock Based Compensation Expense  $308,206   $382,431   $457,570   $491,177 

 

No compensation has been capitalized because such amounts would have been immaterial.

 

The following tables summarize stock option activity for the six months ended December 31, 2024:

         
    Options Outstanding 
    Number of
Shares		    Weighted Average
Exercise Price		    Weighted Average
Contractual Life		 
Outstanding at June 30, 2024   1,357,735   $4.72    6.60 years 
Granted   120,000    5.02    – 
Exercised   (10,999)   2.81    – 
Cancelled, forfeited, or expired   (17,500)   4.62    – 
Outstanding at December 31, 2024   1,449,236   $4.74    6.40 years 

  

The aggregate intrinsic value of the Company’s in-the-money outstanding and exercisable options as of December 31, 2024 were $1,021,031 and $1,011,831, respectively.