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Earnings Per Share | 3 Months Ended
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Sep. 30, 2023
Earnings Per Share [Abstract] |
Earnings Per Share | Note 2. Earnings Per Share Diluted earnings per share is computed taking into consideration common shares outstanding and dilutive potential common shares to be issued or released under the Company’s share-based compensation plans. The factors used in the basic and diluted earnings per share computations follow:
|  | Three months ended September 30, |
|  | 2023 |  |  | 2022 |
Net income (loss) allocated to common shareholders, basic and diluted |  | $ | (175,000 | ) |  | $ | 373,000 |
Earnings per share, basic and diluted |  | $ | (0.02 | ) |  | $ | 0.05 |
Weighted average common shares outstanding, basic and diluted |  |  | 8,098,715 |  |  |  | 8,154,238 |
There were no stock option shares outstanding for the three-month periods ended September 30, 2023 and 2022.

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