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Earnings Per Share (Tables)

6 Months Ended

Dec. 31, 2023

Earnings Per Share [Abstract]

Schedule of Diluted 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

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- References

No definition available.

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- Definition

Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 260
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482662/260-10-50-1

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