Flux Power Holdings, Inc. General form of registration statement for all companies including face-amount certificate companies

General form of registration statement for all companies including face-amount certificate companies

Stockholders' Deficit (Tables)

Stockholders' Deficit (Tables)

9 Months Ended

12 Months Ended

Mar. 31, 2020

Jun. 30, 2019

Equity [Abstract]

Schedule of Stock Warrant Activity

Warrant detail for the nine months ended March 31, 2020 is reflected below:

	Number of Warrants			Weighted Average Exercise Price Per Warrant		Remaining Contract Term (# years)
Warrants outstanding and exercisable at June 30, 2019		8,333		$	20.00		0.25
Warrants issued		-		$	-		-
Warrants exercised		-		$	-		-
Warrants forfeited		(8,333	)	$	20.00		-
Warrants outstanding and exercisable at March 31, 2020		-		$	-		-

Warrant detail for the nine months ended March 31, 2019 is reflected below:

	Number of Warrants			Weighted Average Exercise Price Per Warrant		Remaining Contract Term (# years)
Warrants outstanding and exercisable at June 30, 2018		174,079		$	20.30		0.74
Warrants issued		-		$	-		-
Warrants exercised		-		$	-		-
Warrants exchanged		(165,746	)	$	20.30		-
Warrants forfeited		-		$	-		-
Warrants outstanding and exercisable at March 31, 2019		8,333		$	20.00		0.50

Warrant detail for the year ended June 30, 2019 is reflected below:

	Number of Warrants			Weighted Average Exercise Price Per Warrant		Remaining Contract Term (# years)
Warrants outstanding and exercisable at June 30, 2018		174,079		$	20.30		0.74
Warrants issued		-		$	-		-
Warrants exchanged		(7,996	)		14.80		-
Warrants forfeited		(157,750	)	$	19.93		-
Warrants outstanding and exercisable at June 30, 2019		8,333		$	20.00		0.25

Warrant detail for year ended June 30, 2018 is reflected below:

	Number of Warrants			Weighted Average Exercise Price Per Warrant		Remaining Contract Term (# years)
Warrants outstanding and exercisable at June 30, 2017		234,259		$	19.70		0.12-1.55
Warrants issued		-		$	-		-
Warrants exchanged		(14,165	)	$	6.00		-
Warrants forfeited		(46,015	)	$	21.50		-
Warrants outstanding and exercisable at June 30, 2018		174,079		$	20.30		0.74

Schedule of Stock Options Activity

Activity in stock options during the nine months ended March 31, 2020, and related balances outstanding as of that date are reflected below:

	Number of Shares			Weighted Average Exercise Price		Weighted Average Remaining Contract Term (# years)
Outstanding at June 30, 2019		580,171		$	11.05		8.59
Granted		15,792		$	8.87
Exercised		(5,249	)	$	4.68
Forfeited and cancelled		(8,718	)	$	12.56
Outstanding at March 31, 2020		581,996		$	11.02		7.87
Exercisable at March 31, 2020		414,720		$	10.65		7.53

Activity in stock options during the nine months ended March 31, 2019, and related balances outstanding as of that date are reflected below:

	Number of Shares			Weighted Average Exercise Price		Weighted Average Remaining Contract Term (# years)
Outstanding at June 30, 2018		354,447		$	8.30		8.87
Granted		247,896		$	14.40
Exercised		-		$	-
Forfeited and cancelled		(18,366	)	$	4.60
Outstanding at March 31, 2019		583,977		$	11.00		8.78
Exercisable at March 31, 2019		266,919		$	9.60		7.98

Activity in stock options during the year ended June 30, 2019 and related balances outstanding as of that date are reflected below:

	Number of Shares			Weighted Average Exercise Price		Weighted Average Remaining Contract Term (# years)
Outstanding at June 30, 2018		350,726		$	8.38		8.87
Granted		245,027		$	14.45		9.71
Exercised		-		$	-		-
Forfeited and cancelled		(15,582	)	$	4.64		-
Outstanding at June 30, 2019		580,171		$	11.05		8.59
Exercisable at June 30, 2019		303,611		$	10.02		8.01

Activity in stock options during the year ended June 30, 2018 and related balances outstanding as of that date are reflected below:

	Number of Shares			Weighted Average Exercise Price		Weighted Average Remaining Contract Term (# years)
Outstanding at June 30, 2017		71,628		$	11.00		7.09
Granted		292,511		$	7.80		-
Exercised		-			-		-
Forfeited and cancelled		(13,413	)	$	4.60		-
Outstanding at June 30, 2018		350,726		$	8.38		8.87
Exercisable at June 30, 2018		139,169		$	7.30		7.70

Schedule of Stock-Based Compensation Expenses

The Company allocated stock-based compensation expense included in the condensed consolidated statements of operations for employee option grants and non-employee option grants as follows:

	For the Three Months Ended March 31				For the Nine Months Ended March 31,
	2020		2019		2020		2019
Research and development	$	54,000	$	225,000	$	162,000	$	256,000
General and administration		402,000		861,000		1,194,000		1,236,000
Total stock-based compensation expense	$	456,000	$	1,086,000	$	1,356,000	$	1,492,000

We allocated stock-based compensation expense included in the consolidated statements of operations for employee option grants and non-employee option grants as follows:

Years ended June 30,	2019		2018
Research and development	$	314,000	$	96,000
Selling and administrative		1,630,000		159,000
Total stock-based compensation expense	$	1,944,000	$	255,000

Schedule of Fair Value Assumptions of Stock Options

The fair value of stock options was measured at the grant date using the assumptions (annualized percentages) in the table below:

Nine months ended March 31,	2020			2019
Expected volatility		100.60	%		111	%
Risk free interest rate		1.73	%		2.10	%
Forfeiture rate		20.0	%		20.0	%
Dividend yield		0	%		0	%
Expected term (years)		5.56			5

The fair value of stock options was measured at the grant date using the assumptions (annualized percentages) in the table below:

	2019	2018
Expected volatility	111.4% -112.2%	138% -143%
Risk free interest rate	2.43% - 2.45%	1.76% - 2.63%
Forfeiture rate	20%	20% -23%
Dividend yield	0%	0%
Expected term (years)	5.61	5