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Summary of Significant Accounting Policies (Tables)

9 Months Ended

Mar. 31, 2021

Accounting Policies [Abstract]

Earnings Per Share, Basic and Diluted

The following table presents the calculation of basic and diluted earnings (loss) per share:

		For the three months ended March 31,								For the nine months ended March 31,
(in thousands except per share amounts)		2021				2020				2021				2020
Net loss		$	(2,918	)		$	(11,918	)		$	(7,727	)		$	(17,223	)
Less: net loss attributable to non-controlling interest			(158	)			(301	)			(862	)			(676	)
Net loss attributable to Great Elm Group, Inc.		$	(2,760	)		$	(11,617	)		$	(6,865	)		$	(16,547	)
Net loss attributable to shareholders per share
Basic		$	(0.11	)		$	(0.46	)		$	(0.27	)		$	(0.65	)
Diluted		$	(0.11	)		$	(0.46	)		$	(0.27	)		$	(0.65	)
Weighted average shares outstanding
Basic			25,757				25,430				25,669				25,401
Diluted			25,757				25,430				25,669				25,401

Summarizes Customer Concentrations as Percentage of Revenues and Accounts Receivable

The Company’s durable medical equipment revenue and related accounts receivable are concentrated with third-party Payors.  The following table summarizes customer concentrations as a percentage of revenues:

		For the three months ended March 31,						For the nine months ended March 31,
		2021			2020			2021			2020
Government Payor A		29%			28%			33%			28%
Government Payor B		*			*			*			*
Third-party Payor C		10%			*			11%			10%

* Not a significant concentration.

The following table summarizes customer concentrations as a percentage of accounts receivable:

		As of
		March 31, 2021			June 30, 2020
Government Payor A		22%			20%
Government Payor B		*			11%
Third-party Payor C		13%			11%

* Not a significant concentration

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Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations.

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