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STOCKHOLDERS' EQUITY (Tables) | 6 Months Ended
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Dec. 31, 2022
STOCKHOLDERS' EQUITY |
Summary of weighted average assumptions were used for option grants | The following weighted average assumptions were used for option grants during the six months ended December 31, 2021: ​
​ | ​ | ​ | ​
Risk-free interest rate |  | 1.32 | %
Expected volatility |  | 61.0 | %
Dividend yield |  | 0 | %
Expected option term in years |  | 5.5 | ​
Summary of outstanding and exercisable stock option | The following table summarizes information about outstanding and exercisable stock options at December 31, 2022:
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ |  | Number |  | ​ |  | Wtd. Avg.
​ | Range of Exercise Price | ​ | Outstanding | ​ | Wtd. Avg, Life | ​ | Exercise Price
$ | 3.00 |  | 150,000 |  | 8.5 years | ​ | $ | 3.00
Stock option |
STOCKHOLDERS' EQUITY |
Summary of stock options and stock warrants changes | ​
​ | ​ | ​ | ​ | ​ | ​
​ |  | ​ |  | Wtd. Avg.
​ | ​ | ​ | ​ | Exercise
​ | ​ | Options | ​ | Price
Balance, July 1, 2022 |  | 150,000 | ​ | $ | 3.00
Granted during the period |  | — | ​ |  | —
Exercised during the period |  | — | ​ |  | —
Terminated/Expired during the period |  | — | ​ |  | —
Balance, December 31, 2022 |  | 150,000 | ​ | $ | 3.00
​ ​
​ | ​ | ​ | ​ | ​ | ​
​ |  | ​ |  | Wtd. Avg.
​ | ​ | ​ | ​ | Exercise
​ | ​ | Options | ​ | Price
Balance, July 1, 2021 |  | — | ​ | $ | —
Granted during the period |  | 150,000 | ​ |  | 3.00
Exercised during the period |  | — | ​ |  | —
Terminated/Expired during the period |  | — | ​ |  | —
Balance, December 31, 2021 |  | 150,000 | ​ | $ | 3.00
Stock warrants |
STOCKHOLDERS' EQUITY |
Summary of stock options and stock warrants changes | ​
​ | ​ | ​ | ​ | ​ | ​
​ |  | ​ |  | Wtd. Avg.
​ | ​ | ​ | ​ | Exercise
​ | ​ | Warrants | ​ | Price
Balance, July 1, 2021 |  | 236,667 | ​ | $ | 2.76
Granted during the period |  | 241,500 | ​ |  | 3.75
Exercised during the period |  | (139,611) | ​ |  | 2.76
Terminated/Expired during the period |  | (97,056) | ​ |  | 2.76
Balance, December 31, 2021 |  | 241,500 | ​ | $ | 3.75

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- Definition Tabular disclosure of option exercise prices, by grouped ranges, including the upper and lower limits of the price range, the number of shares under option, weighted average exercise price and remaining contractual option terms. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=120381028&loc=d3e5070-113901 + Details
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- Definition Tabular disclosure for stock option plans. Includes, but is not limited to, outstanding awards at beginning and end of year, grants, exercises, forfeitures, and weighted-average grant date fair value. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=120381028&loc=d3e5070-113901 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (e) -URI http://asc.fasb.org/extlink&oid=120381028&loc=d3e5070-113901 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c)(1) -URI http://asc.fasb.org/extlink&oid=120381028&loc=d3e5070-113901 + Details
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- Definition Tabular disclosure of the significant assumptions used during the year to estimate the fair value of stock options, including, but not limited to: (a) expected term of share options and similar instruments, (b) expected volatility of the entity's shares, (c) expected dividends, (d) risk-free rate(s), and (e) discount for post-vesting restrictions. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (f)(2) -URI http://asc.fasb.org/extlink&oid=120381028&loc=d3e5070-113901 + Details
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