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Note 5 - Loss Per Share

12 Months Ended

Jun. 30, 2018

Notes to Financial Statements

Earnings Per Share [Text Block]

5.

Loss Per Share

A reconciliation of the components of basic and diluted net loss per share of common stock is presented in the tables below:

		Year Ended June 30, 2018
		Loss				Weighted Average Shares				Loss Per Share
Basic and Diluted Loss per Share:
Net loss attributable to common stock		$	6,188,810				5,675,366			$	1.09

		Year Ended June 30, 2017
		Loss				Weighted Average Shares				Loss Per Share
Basic and Diluted Loss per Share:
Net loss attributable to common stock		$	2,836,453				4,608,177			$	0.62

Options and warrants to purchase

35,625

and

845,999

shares of common stock were outstanding as of

June 

30,

2018

, and

2017,

respectively. These options and warrants were

not

included in the computation of diluted earnings per share for the applicable fiscal year, due to being anti-dilutive as a result of the Company’s net loss for all periods presented.

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- References

No definition available.

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X

- Definition

The entire disclosure for earnings per share.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-URI http://asc.fasb.org/topic&trid=2144383

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