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Net Loss Per Common Share | 3 Months Ended
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Sep. 30, 2023
Earnings Per Share [Abstract] |
Net Loss Per Common Share | Note 17. Net Loss Per Common Share Basic net loss per common share is calculated by dividing net loss attributable to the Company by the weighted average number of common shares outstanding during the periods presented. Diluted net loss per common share is calculated by dividing diluted net loss attributable to the Company by the weighted average number of common shares outstanding adjusted to include the effect, if dilutive, of the exercise of in-the-money stock options, unvested performance-based restricted stock units, and shares of the Company’s Series A Convertible Participating Cumulative Perpetual Preferred Stock, par value $1.00 per share (“Series A Preferred Stock”), as converted, during the periods presented. The calculation of dilutive shares outstanding excludes out-of-the-money stock options (i.e., such option’s exercise prices were greater than the average market price of our common shares for the period) and unvested performance-based restricted stock units because their inclusion would have been anti-dilutive. The following table presents the computation of basic and diluted net earnings loss per common share:
|  |  |  | Three Months Ended September 30,
(In thousands, except share and per share amounts) |  |  |  |  |  | 2023 |  | 2022
Loss from continuing operations available to common stockholders |  |  |  |  |  | $ | (1,307) |  |  | $ | (1,580) |
Loss from discontinued operations available to common stockholders |  |  |  |  |  | — |  |  | (5,794) |
Net loss available to common stockholders—basic and diluted |  |  |  |  |  | (1,307) |  |  | (7,374) |
Weighted average shares outstanding - basic and diluted |  |  |  |  |  | 20,366,017 |  |  | 18,948,453 |
Loss from continuing operations per share available to common stockholders—basic and diluted |  |  |  |  |  | $ | (0.06) |  |  | $ | (0.08) |
Loss from discontinued operations per share available to common stockholders—basic and diluted |  |  |  |  |  | $ | — |  |  | $ | (0.31) |
Net loss per common share available to stockholders—basic and diluted |  |  |  |  |  | $ | (0.06) |  |  | $ | (0.39) |
The following table summarizes weighted average anti-dilutive securities excluded from the computation of diluted net loss per common share for the periods indicated:
|  |  |  | Three Months Ended September 30,
|  |  |  |  |  | 2023 |  | 2022
Shares issuable under stock options |  |  |  |  |  | 331,658 |  |  | 439,318 |
Shares issuable under PBRSUs |  |  |  |  |  | 17,578 |  |  | 437,453 |

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- Definition The entire disclosure for earnings per share. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 3 -URI https://asc.fasb.org/extlink&oid=109243012&loc=SL65017193-207537 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (c) -URI https://asc.fasb.org/extlink&oid=124432515&loc=d3e3550-109257 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -URI https://asc.fasb.org/topic&trid=2144383 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 2 -URI https://asc.fasb.org/extlink&oid=124432515&loc=d3e3630-109257 + Details
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