NET INCOME PER COMMON SHARE (Tables)

9 Months Ended

Mar. 31, 2022

NET INCOME PER COMMON SHARE [Abstract]

Basic and Diluted Net Income per Share

The following table reconciles the differences between the basic and diluted net income per share presentations:

	Three Months Ended March 31,				Nine Months Ended March 31,
	2022		2021		2022		2021
Numerator:
Net income	$	338,508	$	1,036,227	$	2,333,145	$	4,429,570
Denominator:
Weighted average common shares outstanding:
Basic		30,484,897		29,320,434		30,286,195		28,967,946
Effect of dilutive securities		783,513		1,205,004		985,482		699,783
Diluted		31,268,410		30,525,438		31,271,677		29,667,729
Net income per common share:
Basic	$	0.01	$	0.04	$	0.08	$	0.15
Diluted	$	0.01	$	0.03	$	0.07	$	0.15