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Note 6 - Loss Per Share | 9 Months Ended
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Mar. 31, 2019
Notes to Financial Statements |
Earnings Per Share [Text Block] | 6. 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, |
|  | 2019 |  |  | 2018 |
|  | Loss |  |  | Weighted Average Shares |  |  | Loss Per Share |  |  | Loss |  |  | Weighted Average Shares |  |  | Loss Per Share |
Basic Loss per Share: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Net loss attributable to common stock |  | $ | (1,435,684 | ) |  |  | 6,357,113 |  |  | $ | (0.23 | ) |  | $ | (906,282 | ) |  |  | 6,000,946 |  |  | $ | (0.15 | )
Diluted Loss per Share: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Net loss attributable to common stock |  | $ | (1,435,684 | ) |  |  | 6,357,113 |  |  | $ | (0.23 | ) |  | $ | (906,282 | ) |  |  | 6,000,946 |  |  | $ | (0.15 | )
|  | Nine Months Ended December 31, |
|  | 2019 |  |  | 2018 |
|  | Loss |  |  | Weighted Average Shares |  |  | Loss Per Share |  |  | Loss |  |  | Weighted Average Shares |  |  | Loss Per Share |
Basic Loss per Share: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Net loss attributable to common stock |  | $ | (6,206,814 | ) |  |  | 6,257,512 |  |  | $ | (0.99 | ) |  | $ | (2,383,262 | ) |  |  | 5,523,810 |  |  | $ | (0.43 | )
Diluted Loss per Share: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Net loss attributable to common stock |  | $ | (6,206,814 | ) |  |  | 6,257,512 |  |  | $ | (0.99 | ) |  | $ | (2,383,262 | ) |  |  | 5,523,810 |  |  | $ | (0.43 | )
No options or warrants to purchase shares of common stock were outstanding as of March 31, 2019. Options and warrants to purchase 35,625 shares of common stock were outstanding June 30, 2018 . 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, 2019 and 2018 because they are 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://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -URI http://asc.fasb.org/topic&trid=2144383 + Details
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