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Loss Per Share | 12 Months Ended
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Jun. 30, 2014
Earnings Per Share [Abstract] |
Loss Per Share |
11. |  | Loss Per Share
We calculate basic loss per share by dividing net loss by the weighted average number of common shares outstanding during the reporting period. Diluted loss per share reflects the effects of potentially dilutive securities. Because we incurred net losses for the fiscal years ended June 30, 2014 and 2013, basic and diluted loss per share were the same as the inclusion common shares, amounting to 23,519 and 11,999 as of June 30, 2014 and 2013, respective, potentially issuable under the terms of outstanding stock option grants would have had an antidilutive effect. The summary of the basic and diluted earnings per share calculations for the years ended June 30, 2014 and 2013 is as follows (in thousands, except per share data):
|  | Years Ended June 30,
|  | 2014 |  | 2013
Basic & Diluted: |  |  |  |  |  |  |  |
Loss from continuing operations |  | $ | (651 | ) |  | $ | (1,864 | )
Weighted average shares outstanding |  |  | 3,493 |  |  |  | 3,322 |
Basic and diluted loss per share from continuing operations |  | $ | (0.19 | ) |  | $ | (0.56 | )
Income from discontinued operations |  | $ | 163 |  |  | $ | 80 |
Weighted average shares outstanding |  |  | 3,493 |  |  |  | 3,322 |
Basic and diluted income per share from discontinued operations |  | $ | 0.05 |  |  | $ | 0.02 |
Net loss |  | $ | (488 | ) |  | $ | (1,784 | )
Weighted average shares outstanding |  |  | 3,493 |  |  |  | 3,322 |
Basic and diluted loss per share |  | $ | (0.14 | ) |  | $ | (0.54 | )

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