LOSS PER SHARE

9 Months Ended

Mar. 31, 2025

LOSS PER SHARE

LOSS PER SHARE

NOTE 2 — LOSS PER SHARE

Basic loss per share data for each period presented is computed using the weighted average number of shares of common stock outstanding during each such period. Diluted loss per share data is computed using the weighted average number of common and potentially dilutive securities outstanding during each period. Potentially dilutive securities consist of shares that would be issued upon the exercise of stock options and warrants, computed using the treasury stock method. A reconciliation of basic and diluted loss per share is as follows:

Loss per Share	For the Three Months				For the Nine Months
(In Thousands except for share	Ended March 31				Ended March 31
and per share price)	2025		2024		2025		2024
Numerator:
Net (loss)	$	(240)	$	(601)	$	(792)	$	(956)
Denominator:
Weighted average common shares outstanding, basic and diluted		9,911,015		10,436,519		9,901,554		10,593,229
Net (loss) per share
Basic and diluted	$	(0.02)	$	(0.06)	$	(0.08)	$	(0.09)

The following securities were excluded from the calculation of diluted loss per share in each period because their inclusion would have been anti-dilutive:

	For the Nine Months Ended
	March 31
	2025	2024
Options	450,000	250,000
Total potentially dilutive shares	450,000	250,000

For the three and nine months ended March 31, 2025 and March 31, 2024 the Company had a net loss. However, all potentially dilutive securities were also deemed to be anti-dilutive because their exercise price exceeded the weighted average trading price of the Company’s stock for the period.