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Note 6 - Net Income (Loss) Per Share
 12 Months Ended
Jun. 30, 2022
Notes to Financial Statements  
Earnings Per Share [Text Block]

6. Net Income/(Loss) Per Share

 

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

 

  

 Fiscal Year Ended 

  

June 30, 2022

  

 

June 30, 2021

 

Net income/(loss) attributable to common stock

 $(23,506,650) $23,869,123 
       Weighted average shares for basic EPS  6,734,444   6,250,894 
       Effect of dilutive securities  —   2,767 
       Weighted average shares for diluted EPS  6,734,444   6,253,661 
       Basic EPS $(3.49) $3.82 
       Diluted EPS $(3.49) $3.82 

 

There were 100,000 options and no warrants outstanding as of June 30, 2022 and June 30, 2021, respectively.  The 100,000 options were not included in the computation of diluted earnings per share for the fiscal year ended June 30, 2022, due to being anti-dilutive.