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Note 6 - Loss Per Share
 9 Months Ended
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.