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LOSS PER SHARE
 9 Months Ended
Mar. 31, 2025
Earnings Per Share [Abstract]  
LOSS PER SHARE

NOTE 11. LOSS PER SHARE

 

Basic loss per common share is computed by dividing net loss allocable to common shareholders by the weighted average number of shares of common stock or common stock equivalents outstanding. Diluted loss per common share is computed similar to basic loss per common share except that it reflects the potential dilution that could occur if dilutive securities or other obligations to issue common stock were exercised or converted into common stock.

 

                 
   Three Months Ended March 31,   Nine Months Ended March 31, 
   2025   2024   2025   2024 
Net loss attributable to Intelligent Bio Solutions Inc.  $(2,543,526)  $(2,977,667)  $(7,478,629)  $(7,372,512)
Basic and diluted net loss per share attributed to common shareholders  $(0.44)  $(1.43)  $(1.59)  $(6.64)
Weighted average number of shares outstanding   5,771,911    2,079,864    4,698,494    1,110,089 

 

The following outstanding warrants were excluded from the computation of diluted net loss per share for the periods presented because their effect would have been anti-dilutive:

 

         
   As of March 31, 
   2025   2024 
Warrants   5,516,754    6,841,930