Basic net loss per share is computed on the basis of the weighted average number of shares of common stock outstanding during the period. Diluted net loss per share is computed based on the weighted average number of common shares outstanding plus the effect of potentially dilutive common shares outstanding during the period using the treasury stock method and the if-converted method. Potentially dilutive common shares include outstanding stock options and share-based awards. Convertible preferred shares issued during the three months ended December 31, 2018 met the definition of participating securities, however, as a result of these participating securities not having a contractual obligation to share in the losses of the Company, they were not included in the computation of basic earnings per share using the two-class method due to the Company reporting a net loss for the three and six months ending December 31, 2018.

The following table reconciles the numerators and denominators used in the computations of both basic and diluted net loss per share:

	Three Months Ended December 31,						Six Months Ended December 31,
(In thousands, except per share data)	2018			2017			2018			2017
Numerator:
Net loss	$	(2,160	)	$	(3,137	)	$	(4,398	)	$	(6,143	)
Denominator:
Denominator for basic and diluted net loss per share — weighted average common stock outstanding		4,678			4,060			4,374			4,059
Basic and diluted net loss per common share:
Net loss	$	(0.46	)	$	(0.77	)	$	(1.01	)	$	(1.51	)

All unvested restricted stock awards for the six months ended December 31, 2018 are not included in diluted net loss per share, as the impact to net loss per share would be anti-dilutive. Options to purchase 333,639 shares of common stock at exercise prices ranging from $1.60 to $8.35 per share outstanding as of December 31, 2018 were not included in diluted net loss per share, as the impact to net loss per share would be anti-dilutive.