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EARNINGS PER SHARE
 6 Months Ended
Dec. 31, 2024
Net income per share:  
EARNINGS PER SHARE

NOTE 4 – EARNINGS PER SHARE

 

Basic earnings per share are computed based on the weighted average number of shares of common stock outstanding during the period. Diluted earnings per share is computed based on the weighted average number of shares of common stock plus the effect of dilutive potential common shares outstanding during the period using the treasury stock method. Dilutive potential common shares include outstanding stock options and stock awards.

 

The components of basic and diluted earnings per share were as follows: 

 

   For the three months ended December 31, 2024   For the six months ended December 31, 2024 
   Net Loss   Shares   Per Share   Net Loss   Shares   Per Share 
Basic loss per share:                        
Net loss  $(1,147,042)   11,484,298   $(0.10)  $(1,076,247)   11,456,996   $(0.09)
Effect of dilutive securities                              
Stock options   -    -    -    -    -    - 
Diluted loss per share  $(1,147,042)   11,484,298   $(0.10)  $(1,076,247)   11,456,996   $(0.09)

  

   For the three months ended December 31, 2023   For the six months ended December 31, 2023 
   Net Income   Shares   Per Share   Net Income   Shares   Per Share 
                         
Basic income per share:                              
Net income  $408,316    11,372,819   $0.04   $439,206    11,359,338   $0.04 
Effect of dilutive securities                              
Stock options   -    -    -    -    -    - 
Diluted income per share  $408,316    11,372,819   $0.04   $439,206    11,359,338   $0.04