v3.25.2
SHAREHOLDERS' EQUITY AND STOCK-BASED COMPENSATION (Tables)
9 Months Ended
Mar. 31, 2025
SHAREHOLDERS' EQUITY AND STOCK-BASED COMPENSATION [Abstract]  
Stock-Based Compensation
The following table summarizes the components of the Company’s stock-based compensation included in net income for the periods presented:

   
Three Months Ended
March 31,
 
Nine months Ended
March 31,
 
   
2025
   
2024
    2025
    2024
 
Employee stock options
 
$
7,966
   
$
70,343
    $
82,369     $
188,961  
Totals
 
$
7,966
   
$
70,343
    $
82,369     $
188,961  
Stock Option Activity
Stock Options – The following is a summary of the stock option activity for the nine months ended March 31, 2025:


 
Shares
   
Weighted
Average
Exercise Price
 
Outstanding, June 30, 2024
   
268,064
   
$
8.14
 
Granted
    2,000     $ 1.79  
Forfeited
   
(6,778
)
 
$
5.77
 
Expired
   
(33,464
)
 
$
6.99
 
Outstanding, March 31, 2025
   
229,822
   
$
8.32
 
Stock Options Outstanding
The following table summarizes information about stock options outstanding at March 31, 2025:

Options Outstanding
   
Options Exercisable
   
Options Vested or Expected to Vest
 
Balance
as of
03/31/2025
   
Weighted
Average Remaining
Contractual Life
(Years)
   
Weighted
Average
Exercise
Price
   
Balance
as of
03/31/2025
   
Weighted
Average Remaining
Contractual Life
(Years)
   
Weighted
Average
Exercise
Price
   
Balance
as of
03/31/2025
   
Weighted
Average Remaining
Contractual Life
(Years)
   
Weighted
Average
Exercise
Price
 
 
229,822
     
6.19
   
$
8.32
     
217,304
     
6.06
   
$
8.56
     
227,605
     
6.17
   
$
8.37