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7. EARNINGS PER SHARE (Tables) | 12 Months Ended
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Jun. 30, 2020
Earnings Per Share [Abstract] |
Schedule of earnings per share | The weighted average number of shares outstanding used to compute loss per share is as follows:
|  | Year Ended June 30, |
|  | 2020 |  |  | 2019 |
Net income (loss) attributable to Parent Company |  | $ | 5,550,618 |  |  | $ | (1,276,124 | )
Weighted-average shares of common stock outstanding: |  |  |  |  |  |  |  |
Basic |  |  | 10,581,499 |  |  |  | 10,570,203 |
Dilutive effect of common stock equivalents arising from stock options |  |  | 134,480 |  |  |  | – |
Diluted Outstanding shares |  |  | 10,715,979 |  |  |  | 10,570,203 |
Basic earnings (loss) per share attributable to Parent Company stockholders |  | $ | 0.52 |  |  | $ | (0.12 | )
Diluted earnings (loss) per share attributable to Parent Company stockholders |  | $ | 0.52 |  |  | $ | (0.12 | )

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- Definition 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. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257 + Details
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