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Common Stock Incentive, Stock Purchase Plans and Other Compensation Plans (Tables)
6 Months Ended
Dec. 31, 2015
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Schedule of stock option activity
The Company’s stock option activity for the six months ended December 31, 2015 is as follows:
 
 
Shares
 
Weighted Average
Exercise Price
Outstanding at June 30, 2015
1,127,750

 
$
1.53

Granted

 

Exercised

 

Canceled or expired
(310,000
)
 
2.53

Outstanding at December 31, 2015
817,750

 
$
1.14

Schedule of stock options by exercise price
The table below details the Company’s stock options outstanding as of December 31, 2015:

Range of exercise prices
 
Number
Outstanding
 
Options
Outstanding
Weighted-
Average
Remaining
Contractual
Life (years)
 
Weighted-
Average
Exercise
Price
 
Number
Exercisable
 
Options
Exercisable
Weighted-
Average
Exercise
Price
$0.32 – 0.71
 
438,750

 
4.66
 
$
0.60

 
438,750

 
$
0.60

$1.20 – 1.20
 
270,000

 
6.64
 
1.20

 
270,000

 
1.20

$3.20 – 3.20
 
109,000

 
9.27
 
3.20

 

 

$0.32 – 3.20
 
817,750

 
5.93
 
$
1.14

 
708,750

 
$
0.83