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Equity Transactions (Tables)
 3 Months Ended
Sep. 30, 2021
Equity [Abstract]  
activity relating to the Company’s stock options

The following table summarizes the activity relating to the Company’s stock options for the three months ended September 30, 2021:

 
Equity Transactions
   Options   Weighted-
Average
Exercise Price		   Weighted
Remaining
Average
Contractual
Term		   Aggregate
Intrinsic Value		 
Outstanding at June 30, 2021   755,200   $4.34    4.4   $2,569,232 
Granted   1,365,835    7.74    5.0    — 
Options Forfeited   (73,125)   (13.91)   —    — 
Outstanding at September 30, 2021   2,047,910   $9.79    4.6   $42,824 
Exercisable at  September 30, 2021   509,667   $9.36    4.4   $42,824 
weighted-average assumptions

The fair value of each option grant on the date of grant is estimated using the Black-Scholes option. The pricing model reflects the following weighted-average assumptions for the three months ended September 30, 2021:

 
Equity Transactions (Details 2)
   September 30,
2021		   June 30, 2021 
Expected life of options (In years)   5    5 
Expected volatility   74.96%   77.29%
Risk free interest rate   0.80%   0.39%
Dividend Yield   0%   0%
summary of stock options outstanding and exercisable by exercise price

The following is a summary of stock options outstanding and exercisable by exercise price as of September 30, 2021:

 
Equity Transactions (Details 3)
  Exercise Price   Outstanding   Weighted Average
Contract Life		   Exercisable 
  $2.80    7,200    3.3    7,200 
  $3.75    4,800    2.3    4,800 
  $6.25    1,600    2.1    1,600 
  $7.50    25,600    4.4    25,600 
  $7.74    1,365,835    4.9    273,167 
  $8.75    1,600    2.5    1,600 
  $9.54    800    4.0    800 
  $9.90    800    4.0    800 
  $12.50    4,000    1.3    4,000 
  $13.91    618,475    4.2    172,900 
  $25.00    1,600    1.0    1,600 
  $26.25    4,400    0.6    4,400 
  $27.50    800    0.5    800 
  $28.75    1,600    0.8    1,600 
  $31.25    4,000    0.1    4,000 
  $42.09    4,800    4.3    4,800 
        2,047,910         509,667 
summarizes warrant activity

The following table summarizes warrant activity during the three months ended September 30, 2021:

 
Equity Transactions (Details 4)
   Number of
Shares		   Weighted
Average
Exercise Price		   Weighted
Average
Remaining
Life (Years)		   Aggregate
Intrinsic Value		 
Outstanding and exercisable at June 30, 2021   158,761   $10.37    3.1   $1,765,437 
Granted   —   —    —    — 
Exercised   —   —    —    — 
Outstanding and exercisable at September 30, 2021   158,761   $10.37    2.8   $486,666