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Earnings Per Share (Tables)
6 Months Ended
Dec. 31, 2019
Earnings Per Share  
Schedule of loss per share

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended

 

Three Months Ended

 

Six Months Ended

 

Six Months Ended

 

 

December 31, 2019

    

December 31, 2018

    

December 31, 2019

    

December 31, 2018

Net income

 

$

361,883

 

*

 

$

929,779

 

*

Basic potential common shares

 

 

 

 

  

 

 

  

 

  

Weighted average shares outstanding

 

 

2,624,343

 

*

 

 

2,624,343

 

*

Basic weighted average shares outstanding

 

 

2,624,343

 

*

 

 

2,624,343

 

*

Diluted potential common shares

 

 

 —

 

*

 

 

 —

 

*

Diluted weighted average shares outstanding

 

 

2,624,343

 

*

 

 

2,624,343

 

*

Basic earnings per share

 

$

0.14

 

*

 

$

0.35

 

*

Diluted earnings per share

 

$

0.14

 

*

 

$

0.35

 

*


*     Earnings per share for the three and six months ended December 31, 2018 is not applicable as no shares were outstanding for that period.