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Loss Per Common And Common Stock Equivalent Share
 9 Months Ended
Mar. 31, 2025
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 March 31,

Nine Months Ended March 31,

2025

2024

2025

2024

Numerator

Net loss

$

(316,742)

$

(313,780)

$

(642,135)

$

(840,542)

Denominator

Weighted average shares, basic

9,375,795

9,254,795

9,346,952

9,243,559

Dilutive effect of stock compensation awards (1)

—

—

—

—

Diluted shares

9,375,795

9,254,795

9,346,952

9,243,559

Net loss attributable to common shareholders per share:

Basic

$

(0.03)

$

(0.03)

$

(0.07)

$

(0.09)

Diluted

$

(0.03)

$

(0.03)

$

(0.07)

$

(0.09)

 

(1) Excludes 354,000 and 401,883, respectively, weighted average stock options during the three and nine months ended March 31, 2025 as the impact of such awards was anti-dilutive. Weighted average stock options excluded during the three and nine months ended March 31, 2024 due to anti-dilution were 700,911 and 729,384, respectively.