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STOCK-BASED COMPENSATION
 6 Months Ended
Dec. 31, 2025
Equity [Abstract]  
STOCK-BASED COMPENSATION

 

5. STOCK-BASED COMPENSATION

 

Stock Options

 

The following table summarizes stock-based compensation expense for the three and six months ended December 31, 2025 and 2024:

                
   Three Months
Ended December 31,		   Six Months
Ended December 31,		 
   2025   2024   2025   2024 
Cost of Goods Sold  $29,330   $39,226   $60,400   $78,452 
Selling, General and Administrative   132,751    268,980    403,321    379,118 
Stock Based Compensation Expense  $162,081   $308,206   $463,721   $457,570 

 

No compensation has been capitalized because such amounts would have been immaterial. There was $25,000 in common stock issued for employee services in the quarter ended December 31, 2025.

 

The following tables summarize stock option activity for the six months ended December 31, 2025:

           
   Options Outstanding 
   Number of
Shares		   Weighted Average
Exercise Price		   Weighted Average
Contractual Life
Outstanding at June 30, 2025   1,623,576   $4.85   7.15 years
Granted   180,000    4.33   –
Cancelled, forfeited, or expired   (76,507)   5.28   –
Outstanding at December 31, 2025   1,727,069   $4.78   6.92 years

  

The aggregate intrinsic value of the Company’s in-the-money outstanding and exercisable options as of December 31, 2025 were both $485,181.