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Loss Per Share
 9 Months Ended
Mar. 31, 2016
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,
 
2016
 
2015
 
Loss
 
Weighted Average Shares
 
Loss Per
Share
 
Loss
 
Weighted Average Shares
 
Loss Per
Share
Basic Loss per Share:
 
 
 
 
 
 
 
 
 
 
 
Net loss attributable to common stock
$
(181,257
)
 
3,957,640

 
$
(0.05
)
 
$
(346,186
)
 
3,873,506

 
$
(0.09
)
Diluted Loss per Share:
 
 
 
 
 
 
 
 
 
 
 
Net loss attributable to common stock
$
(181,257
)
 
3,957,640

 
$
(0.05
)
 
$
(346,186
)
 
3,873,506

 
$
(0.09
)
 
 
 
 
 
 
 
 
 
 
 
 

 
Nine Months ended March 31,
 
2016
 
2015
 
Loss
 
Weighted Average Shares
 
Loss Per
Share
 
Loss
 
Weighted Average Shares
 
Loss Per
Share
Basic Loss per Share:
 
 
 
 
 
 
 
 
 
 
 
Net loss attributable to common stock
$
(949,907
)
 
3,918,430

 
$
(0.24
)
 
$
(2,044,606
)
 
3,832,206

 
$
(0.53
)
Diluted Loss per Share:
 
 
 
 
 
 
 
 
 
 
 
Net loss attributable to common stock
$
(949,907
)
 
3,918,430

 
$
(0.24
)
 
$
(2,044,606
)
 
3,832,206

 
$
(0.53
)
 
 
 
 
 
 
 
 
 
 
 
 



 Options and warrants to purchase 1,675,999 and 1,675,999 shares of common stock were outstanding as of March 31, 2016 and 2015, respectively. These options and warrants were not included in the computation of diluted earnings per share for each of the three and nine month periods ended March 31, 2016 and 2015 because they are anti-dilutive as a result of the Company’s net loss for all periods presented.