XML 17 R8.htm IDEA: XBRL DOCUMENT v3.22.1
LOSS PER SHARE
3 Months Ended
Sep. 30, 2021
LOSS PER SHARE  
LOSS PER SHARE

NOTE 2 — LOSS PER SHARE

Basic loss per share data for each period presented is computed using the weighted average number of shares of common stock outstanding during each such period. Diluted loss per share data is computed using the weighted average number of common and potentially dilutive securities outstanding during each period. Potentially dilutive securities consist of shares that would be issued upon the exercise of stock options and warrants, computed using the treasury stock method. A reconciliation of basic and diluted loss per share is as follows:

    

For the Three Months Ended

    

For the Three Months Ended

September 30,

September 30,

2021

2020

Numerator:

Net loss

$

(577)

$

(370)

Denominator:

  

Weighted average common shares outstanding, basic and diluted

10,254,686

5,568,660

Loss per share

  

Basic and diluted

$

(0.06)

$

(0.07)

The following securities were excluded from the calculation of diluted loss per share in each period because their inclusion would have been anti-dilutive:

    

For the Three Months Ended

    

For the Three Months Ended

September 30, 2021

September 30, 2020

Options

150,000

Warrants

 

241,500

236,667

Total potentially dilutive shares

 

391,500

236,667