v3.22.2.2
Stock Based Compensation (Table)
12 Months Ended
Jun. 30, 2022
Stock Based Compensation  
Schedule of stock option activity

 

 

 

 

Weighted

 

 

Average

 

 

 

 

 

 

 

Average

 

 

Remaining

 

 

Aggregated

 

 

 

Options

 

 

Exercise

 

 

Contractual

 

 

Intrinsic

 

 

 

Outstanding

 

 

Price

 

 

Life (Years)

 

 

Value

 

Outstanding at June 30, 2020

 

 

1,000,667

 

 

$1.53

 

 

 

8.5

 

 

$-

 

Granted

 

 

1,092,222

 

 

 

1.58

 

 

 

10

 

 

 

-

 

Forfeited

 

 

(3,889 )

 

 

3.60

 

 

 

10

 

 

 

-

 

Outstanding at June 30, 2021

 

 

2,089,000

 

 

$1.55

 

 

 

7.49

 

 

$9,689,865

 

Granted

 

 

2,302,000

 

 

 

4.36

 

 

 

10

 

 

 

-

 

Exercised

 

 

(111,112 )

 

 

1.53

 

 

 

-

 

 

 

-

 

Outstanding at June 30, 2022

 

 

4,279,888

 

 

$3.05

 

 

 

7.42

 

 

$4,919,182

 

Options exercisable at June 30, 2022 (vested)

 

 

2,987,772

 

 

$2.43

 

 

 

7.57

 

 

$7,977,353

 

Options exercisable at June 30, 2021 (vested)

 

 

1,334,005

 

 

$1.55

 

 

 

7.89

 

 

$6,189,783

 

Schedule Of value Of Each Grant

 

 

June 30, 2022

 

June 30,

2021

 

Dividend rate

 

-

 

 

-

 

Risk free interest rate

 

0.69%-2.91%

 

0.23%-0.87

Expected term

 

6.5

 

 

6.5

 

Expected volatility

 

69%

 

71%-72

%

Grant date stock price

$

4.18 – 5.34

 

$

0.85 – 2.00