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EARNINGS PER SHARE
 12 Months Ended
Jun. 30, 2023
Earnings Per Share [Abstract]  
EARNINGS PER SHARE

NOTE 11. EARNINGS PER SHARE

 

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

 

  2023   2022 
   For the Year Ended 
   June 30, 
  2023   2022 
Numerator:        
Net loss  $(28,563,283)  $(5,966,287)
Denominator:          
Weighted-average common shares outstanding
for basic and diluted net loss per share		   13,929,135    11,731,383 
           
Basic and diluted net loss per share  $(2.05)  $(0.51)

 

Potentially dilutive securities that were not included in the calculation of diluted net loss per share attributable to common stockholders because their effect would be anti-dilutive are as follows (in common equivalent shares):

 

   At June 30, 2023   At June 30, 2022 
Stock Options   8,228,381    4,484,616 
Warrants   837,500    837,500 
Total   9,065,881    5,322,116 

 

June 30, 2023 Stock Options include 2,100,000 executive Target Options.

 

 

THE GLIMPSE GROUP, INC.

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

JUNE 30, 2023 AND 2022