EARNINGS PER SHARE

12 Months Ended

Jun. 30, 2024

Earnings Per Share [Abstract]

EARNINGS PER SHARE

NOTE 10. EARNINGS PER SHARE

The following table presents the computation of basic and diluted net loss per common share:

	For the Years Ended
	June 30,
	2024			2023
Numerator:
Net loss	$	(6,394,295	)	$	(28,563,283	)
Denominator:
Weighted-average common shares outstanding for basic and diluted net loss per share		16,681,234			13,929,135
Basic and diluted net loss per share	$	(0.38	)	$	(2.05	)

Potentially dilutive securities, on a weighted average basis, that were not included in the calculation of diluted net loss per share attributable to common stockholders because their effect would be anti-dilutive are as follows (in common equivalent shares):

	At June 30, 2024		At June 30, 2023
Stock options		6,583,972		6,424,273
Warrants		837,500		837,500
Total		7,421,472		7,261,773

Stock options include 2,100,000 executive Target Options at June 30, 2024 and 2023, respectively.

THE GLIMPSE GROUP, INC.

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

JUNE 30, 2024 AND 2023