Stock Based Compensation (Details Narrative) - USD ($) $ / shares in Units, shares in Thousands |
3 Months Ended | ||
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Oct. 06, 2017 |
Jun. 30, 2020 |
Jun. 30, 2019 |
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Weighted average period | 26 years | ||
Common stock, restricted stock awarded | 3,900,000 | ||
October 6, 2017 [Member] | |||
Purchase aggregate shares | 360,000 | ||
Strike price per share | $ 1.98 | ||
Common stock, restricted stock awarded | 3,900,000 | ||
Agreement description | the Company issued restricted stock awards totaling 3,900,000 shares of its common stock to 16 employees and awarded nonqualified stock options to purchase an aggregate of 360,000 shares of its common stock at a strike price of $1.98 per share to two employees. Shares of restricted stock have the same dividend and voting rights as common stock while options do not. All awards were issued at the fair value of the underlying shares at the grant date. | ||
Non-Vested Shares [Member] | |||
Weighted average period | 3 months 7 days | ||
Unrecognized compensation cost | $ 507 | ||
Compensation expense | 54,000 | $ 54,000 | |
Restricted Stock [Member] | |||
Compensation expense | $ 471,000 | 719,000 | |
Stock Option [Member] | |||
Weighted average period | 3 months 7 days | ||
Compensation expense | $ 58,000 | $ 58 |
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- Definition A unique description of a noncash or part noncash stock conversion. The description would be expected to include sufficient information to provide an understanding of the nature and purpose of the conversion. Noncash is defined as transactions during a period that do not result in cash receipts or cash payments in the period. "Part noncash" refers to that portion of the transaction not resulting in cash receipts or cash payments in the period. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Weighted average remaining lease term for operating lease, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents reported fact of one year, five months, and thirteen days. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Amount of noncash expense for option under share-based payment arrangement. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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