XML 26 R15.htm IDEA: XBRL DOCUMENT v3.24.1.1.u2
LOSS PER SHARE
9 Months Ended
Mar. 31, 2024
Earnings Per Share [Abstract]  
LOSS PER SHARE

NOTE 9. LOSS PER SHARE

 

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

 

Numerator:  2024   2023   2024   2023 
   For the Three Months Ended   For the Nine Months Ended 
   March 31,   March 31, 
Numerator:  2024   2023   2024   2023 
Net loss  $(1,542,256)  $(5,222,598)  $(2,400,066)  $(9,296,960)
Denominator:                    
Weighted-average common shares outstanding
for basic and diluted net loss per share
   17,195,322    14,093,597    16,194,523    13,727,595 
                     
Basic and diluted net loss per share  $(0.09)  $(0.37)  $(0.15)  $(0.68)

 

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 March 31, 2024   At March 31, 2023 
Stock Options   5,938,192    8,175,012 
Warrants   837,500    837,500 
Total   6,775,692    9,012,512 

 

Stock Options include 2,100,000 and 1,980,000 executive Target Options at March 31, 2024 and 2023, respectively.

 

 

THE GLIMPSE GROUP, INC.

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

(UNAUDITED)

MARCH 31, 2024 AND 2023