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Loss Per Share | 9 Months Ended
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Mar. 31, 2015
Earnings Per Share [Abstract] |
Loss Per Share | . Loss Per Share A reconciliation of the components of basic and diluted net loss per share of common stock is presented below:
| Three Months Ended March 31,
| 2015 |  | 2014
| Loss |  | Weighted Average Shares |  | Loss Per Share |  | Loss |  | Weighted Average Shares |  | Loss Per Share
Basic Loss per Share: |  |  |  |  |  |  |  |  |  |  |
Net loss attributable to common stock | $ | (346,186 | ) |  | 3,873,506 |  |  | $ | (0.09 | ) |  | $ | (679,524 | ) |  | 3,805,539 |  |  | $ | (0.18 | )
Diluted Loss per Share: |  |  |  |  |  |  |  |  |  |  |
Net loss attributable to common stock | $ | (346,186 | ) |  | 3,873,506 |  |  | $ | (0.09 | ) |  | $ | (679,524 | ) |  | 3,805,539 |  |  | $ | (0.18 | )
| Nine Months Ended March 31,
| 2015 |  | 2014
| Loss |  | Weighted Average Shares |  | Loss Per Share |  | Loss |  | Weighted Average Shares |  | Loss Per Share
Basic Loss per Share: |  |  |  |  |  |  |  |  |  |  |
Net loss attributable to common stock | $ | (2,044,606 | ) |  | 3,832,206 |  |  | $ | (0.53 | ) |  | $ | (8,471,985 | ) |  | 3,774,576 |  |  | $ | (2.24 | )
Diluted Loss per Share: |  |  |  |  |  |  |  |  |  |  |
Net loss attributable to common stock | $ | (2,044,606 | ) |  | 3,832,206 |  |  | $ | (0.53 | ) |  | $ | (8,471,985 | ) |  | 3,774,576 |  |  | $ | (2.24 | )
Options and warrants to purchase 1,675,999 shares of common stock were outstanding as of March 31, 2015, and options and warrants to purchase 1,692,666 shares of common stock were outstanding as of March 31, 2014. These options and warrants were not included in the computation of diluted earnings per share for each three and nine month periods ended March 31, 2015 and 20134 due to being anti-dilutive as a result of the Company’s net loss for all periods presented.

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- Definition The entire disclosure for earnings per share. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 45 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=7655603&loc=d3e1278-109256 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 45 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=7655603&loc=d3e1252-109256 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 55 -Paragraph 52 -URI http://asc.fasb.org/extlink&oid=32703322&loc=d3e4984-109258 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 225 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03.21) -URI http://asc.fasb.org/extlink&oid=26872669&loc=d3e20235-122688 + Details
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