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7. EARNINGS PER SHARE (Tables)

9 Months Ended

Mar. 31, 2021

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:

		Three Months ended March 31,								Nine Months Ended March 31,
		2021				2020				2021				2020
Net income attributable to Parent Company		$	3,938,553			$	988,308			$	17,715,524			$	1,823,124
Weighted-average shares of common stock outstanding:
Basic shares outstanding			11,581,629				10,580,576				11,271,168				10,574,841
Dilutive effect of common stock equivalents arising from stock options			210,663				119,197				210,662				119,197
Diluted shares outstanding			11,792,292				10,699,773				11,481,830				10,694,038
Basic income per share		$	0.34			$	0.09			$	1.57			$	0.17
Diluted income earnings per share		$	0.33			$	0.09			$	1.54			$	0.17

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- References

No definition available.

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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=124432515&loc=d3e3550-109257

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