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STOCK OPTIONS (Details Narrative) (USD $) | 12 Months Ended
--- | ---
Jun. 30, 2012 | Jun. 30, 2011
Stock-based compensation expense | $ 204,000 | $ 630,000
Weighted-average exercise price | $ 3.77 |
Weighted average contractual term | 2 years 1 month 13 days | 2 years 7 months 10 days
Fair value of stock options | 649 | 469
Options exercised |  | 79,125
Aggregate intrinsic value |  | 303
Cash received from options exercised |  | 140
Common Stock |  |
Vested employee stock options | 269,750 | 159,625
Shares repurchased from directors | 50,000 | 150,000
2007 Employee Plan |  |
Stock-based compensation expense | 148 | 225
Unamortized stock-based compensation | 42 | 168
Options exercised |  | 15,000
2007 Directors Plan |  |
Stock-based compensation expense | 56 | 405
Aggregate intrinsic value |  | 49
Cash received from options exercised |  | 26
2007 Directors Equity Incentive Plan | Common Stock |  |
Vested employee stock options | 385,000 | 335,000
Weighted-average exercise price | $ 4.52 | $ 4.86
Weighted average contractual term | 2 years 5 months 12 days | 3 years 1 month 28 days
Fair value of stock options | $ 1,031 | $ 976

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- Definition The aggregate amount of noncash, equity-based employee remuneration. This may include the value of stock or unit options, amortization of restricted stock or units, and adjustment for officers' compensation. As noncash, this element is an add back when calculating net cash generated by operating activities using the indirect method. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 95 -Paragraph 28 -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 28 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=6943989&loc=d3e3602-108585 + Details
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