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Earnings Per Share | 9 Months Ended
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Mar. 31, 2024
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:
|  | Nine months ended March 31, |  |  | Three months ended March 31, |
|  | 2024 |  |  | 2023 |  |  | 2024 |  |  | 2023 |
Net income (loss) allocated to common shareholders, basic and diluted |  | $ | (643,000 | ) |  | $ | 891,000 |  |  | $ | (107,000 | ) |  | $ | 144,000 |
EARNINGS PER SHARE |  | $ | (0.08 | ) |  | $ | 0.11 |  |  | $ | (0.01 | ) |  | $ | 0.02 |
Weighted average common shares outstanding, basic and diluted |  |  | 8,098,715 |  |  |  | 8,144,767 |  |  |  | 8,098,715 |  |  |  | 8,129,006 |
There were no stock option shares outstanding for the nine- or three-month periods ended March 31, 2024 and 2023.

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