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STOCKHOLDERS' EQUITY (Tables)

6 Months Ended

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

X

- 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

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