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Earnings Per Share
 3 Months Ended
Sep. 30, 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:

 

   Three months ended
September 30,		 
   2024   2023 
Net loss allocated to common shareholders, basic and diluted  $(15,000)  $(175,000)
Loss per share, basic and diluted  $(0.00)  $(0.02)
Weighted average common shares outstanding, basic and diluted   8,086,715    8,086,715 

 

There were no stock option shares outstanding for the three-month periods ended September 30, 2024 and 2023.