Quarterly report pursuant to Section 13 or 15(d)

Stockholders' Equity (Tables)

v3.10.0.1
Stockholders' Equity (Tables)
6 Months Ended
Dec. 31, 2018
Equity [Abstract]  
Schedule of stock-based compensation expense

Compensation expense related to our stock-based awards described above was as follows:

 

    Three Months Ended December 31,  
    2018     2017  
Share based compensation expense   $   1,168,367     $ 1,478,951  

 

    Six Months Ended December 31,  
    2018     2017  
Share based compensation expense   $ 3,266,679     $ 2,076,831  
Schedule of unrecognized stock-based compensation expense and weighted-average years

Unrecognized stock-based compensation expense and weighted-average years to be recognized are as follows:

 

    As of December 31, 2018  
   

Unrecognized stock-  

based compensation   

   

Weighted-
average years  

to be recognized 

 
Options   $ 3,531,756       2.98  
Restricted stock awards/units   $ 4,992,592       1.59  
Performance based units   $ 15,693       0.17  
Schedule of Black-Scholes option pricing model with weighted average assumptions

The fair values of the Company’s options were estimated at the dates of grant using a Black-Scholes option pricing model with the following weighted average assumptions:

 

     

Six Months Ended

December 31, 2018

 
Exercise price     $3.78 – $8.18  
Expected term (years)     4.00 – 7.00  
Risk-free interest rate     2.62 – 3.01%  
Volatility     66 – 69%  
Dividend yield     0%  
Weighted Average Grant Date Fair Value of Options granted during the period     $2.68