Net Loss Per Common Share

9 Months Ended

Mar. 31, 2023

Earnings Per Share [Abstract]

Net Loss Per Common Share

17. Net Loss per Common Share

Basic income (loss) per common share is calculated by dividing the net income (loss) available to the common shareholders by the weighted average number of common shares outstanding during that period. Diluted net loss per share reflects the potential of securities that could share in the net loss of the Company.

The following table sets forth securities that are considered anti-dilutive, and therefore excluded from the calculation of diluted earnings per share.

	March 31,
	2023	2022
Warrants to purchase common stock - liability classified	1,642,235	377,893
Warrant to purchase common stock - equity classified	39,072	56,486
Employee stock options	52,784	4,193
Employee unvested restricted stock	48,818	106,874
Employee unvested restricted stock units	5,920	7,724
Total	1,788,829	553,170