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(Loss) Per Common And Common Stock Equivalent Share
 3 Months Ended
Sep. 30, 2024
(Loss) Per Common And Common Stock Equivalent Share [Abstract]  
(Loss) Per Common And Common Stock Equivalent Share

6. (LOSS) PER COMMON AND COMMON STOCK EQUIVALENT SHARE

 

Basic loss per common share is computed based on the weighted-average number of common shares outstanding. Diluted loss per common share is calculated assuming the exercise of stock options except where the result would be anti-dilutive. The following table reconciles the numerator and denominator used to calculate basic and diluted loss per share:

Three Months Ended September 30,

2024

2023

Numerator

Net loss

$

(419,535)

$

(257,609)

Denominator

Weighted average shares, basic

9,310,002

9,234,795

Dilutive effect of stock compensation awards (1)

—

—

Diluted shares

9,310,002

9,234,795

Net loss attributable to common shareholders per share:

Basic

$

(0.05)

$

(0.03)

Diluted

$

(0.05)

$

(0.03)

 

(1) Excludes 477,043 and 773,085 weighted average stock options during the three months ended September 30, 2024 and 2023, respectively, as the impact of such awards was anti-dilutive.