Net (Loss) Income Per Common Share (Tables)

12 Months Ended

Jun. 30, 2023

The following table presents the computation of basic and diluted loss per common share:


	For the Years Ended June 30,
(In thousands, except share and per share amounts)	2023		2022		2021
Undistributed loss from continuing operations available to common stockholders	$	(30,766)	$	(1,939)	$	(29,272)
Undistributed loss from continuing operations available to nonvested restricted stockholders and holders of convertible preferred stock	$	(3,272)	$	(629)	$	(1,515)
Loss from continuing operations, net of cumulative preferred dividends unpaid and undeclared	$	(34,038)	$	(2,568)	$	(30,787)
Loss from discontinued operations available to common stockholders—basic	$	(45,142)	$	(13,687)	$	(11,438)
Net loss available to common stockholders—basic	$	(79,180)	$	(16,255)	$	(42,225)

Weighted average common shares outstanding—basic	19,621,992		18,200,080		17,635,402
Effect of dilutive securities:



Weighted average common shares outstanding—diluted	19,621,992		18,200,080		17,635,402
Loss from continuing operations per common share available to common stockholders—basic	$	(1.74)	$	(0.14)	$	(1.74)
Loss from continuing operations per common share available to common stockholders—diluted	$	(1.74)	$	(0.14)	$	(1.74)
Loss from discontinued operations per common share available to common stockholders—basic	$	(2.30)	$	(0.75)	$	(0.65)
Loss from discontinued operations per common share available to common stockholders—diluted	$	(2.30)	$	(0.75)	$	(0.65)
Net loss per common share available to common stockholders—basic	$	(4.04)	$	(0.89)	$	(2.39)
Net loss per common share available to common stockholders—diluted	$	(4.04)	$	(0.89)	$	(2.39)

The following table summarizes anti-dilutive securities excluded from the computation of diluted net loss per common share for the periods indicated:


	For the Years Ended June 30,
	2023	2022	2021
Shares issuable under stock options	331,658	452,537	395,069
Shares issuable under convertible preferred stock	—	452,667	437,165
Shares issuable under PBRSUs	491,564	426,243	376,264