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EARNINGS PER SHARE
 6 Months Ended
Dec. 31, 2021
EARNINGS PER SHARE [Abstract]  
EARNINGS PER SHARE
NOTE 9 – EARNINGS PER SHARE

Basic earnings per share is computed using the weighted average number of shares outstanding. Diluted earnings per share is computed using the weighted average number of shares outstanding adjusted for the incremental shares attributed to potentially diluted securities. The following table sets forth the computation of basic and diluted earnings per share for the six months ended December 31, 2021 and 2020:
 
   
Six Months Ended
December 31, 2021
    
Six Months Ended
December 31, 2020
  
   
(Successor Basis)
    
(Predecessor Basis)
  
             
Net income (loss) attributable to common stockholders
  
$
9,509,956
    
$
(9,667,137
)
                 
Basic and diluted weighted Average common shares outstanding
    
13,350,899.20
      
13,020,208.16
  
                 
Basic and diluted earnings per share
  
$
0.71
    
$
(0.74
)