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EARNINGS PER SHARE
9 Months Ended
Mar. 31, 2023
Earnings Per Share [Abstract]  
EARNINGS PER SHARE

NOTE 9. EARNINGS PER SHARE

 

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

 

 

                 
   For the Three Months Ended   For the Nine Months Ended 
   March 31,   March 31, 
Numerator:  2023   2022   2023   2022 
Net loss  $(5,222,598)  $(1,751,613)  $(9,296,960)  $(4,983,768)
Denominator:                    
Weighted-average common shares outstanding
for basic and diluted net loss per share
   13,783,241    12,604,315    13,727,595    11,386,679 
                     
Basic and diluted net loss per share  $(0.38)  $(0.14)  $(0.68)  $(0.44)

 

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):

SCHEDULE OF POTENTIALLY DILUTIVE SECURITIES  

   At March 31, 2023   At March 31, 2022 
Stock Options   8,175,012    4,333,477 
Warrants   837,500    837,500 
Total   9,012,512    5,170,977