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Earnings Per Share | 6 Months Ended
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Dec. 31, 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:
|  | Six months ended December 31, |  |  | Three months ended December 31, |
|  | 2023 |  |  | 2022 |  |  | 2023 |  |  | 2022 |
Net income allocated to common shareholders, basic and diluted |  | $ | (536,000 | ) |  | $ | 747,000 |  |  | $ | (361,000 | ) |  | $ | 374,000 |
EARNINGS PER SHARE |  | $ | (0.07 | ) |  | $ | 0. 09 |  |  | $ | (0.05 | ) |  | $ | 0. 04 |
Weighted average common shares outstanding, basic and diluted |  |  | 8,098,715 |  |  |  | 8,152,477 |  |  |  | 8,098,715 |  |  |  | 8,150,718 |
There were no stock option shares outstanding for the six- or three-month periods ended December 31, 2023 and 2022.

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