Note 6 - Loss Per Share

6 Months Ended

Dec. 31, 2018

Notes to Financial Statements

Earnings Per Share [Text Block]

6.

Loss Per Share

A reconciliation of the components of basic and diluted net loss per share of common stock is presented below:

	Three Months Ended December 31,
	2018								2017
	Loss			Weighted Average Shares		Loss Per Share			Loss			Weighted Average Shares		Loss Per Share
Basic Loss per Share:
Net loss attributable to common stock	$	(1,885,730	)		6,260,796	$	(0.30	)	$	(808,344	)		5,650,321	$	(0.14	)
Diluted Loss per Share:
Net loss attributable to common stock	$	(1,885,730	)		6,260,796	$	(0.30	)	$	(808,344	)		5,650,321	$	(0.14	)

	Six Months Ended December 31,
	2018								2017
	Loss			Weighted Average Shares		Loss Per Share			Loss			Weighted Average Shares		Loss Per Share
Basic Loss per Share:
Net loss attributable to common stock	$	(4,771,130	)		6,209,042	$	(0.77	)	$	(1,476,980	)		5,289,934	$	(0.28	)
Diluted Loss per Share:
Net loss attributable to common stock	$	(4,771,130	)		6,209,042	$	(0.77	)	$	(1,476,980	)		5,289,934	$	(0.28	)

 

No

options or warrants to purchase shares of common stock were outstanding as of

December 31, 2018.  

Options and warrants to purchase

35,625

 shares of common stock were outstanding 

June 30, 2018

. These options and warrants were

not

included in the computation of diluted earnings per share for each of the

three

and

six

 month periods ended 

December 31, 2018

and

2017

 because they are anti-dilutive as a result of the Company’s net loss for all periods presented.