Stockholders' Equity (Tables)

12 Months Ended

Jun. 30, 2021

Equity [Abstract]

Schedule of reserved common shares for future issuance

The Company has reserved common shares for future issuance as follows as of June 30, 2021:

Stock options outstanding	304,662
Stock options available for issuance	212,988
Number of common shares reserved	517,650

Schedule of reconciliation of the numerators and denominators of basic and diluted per share computations

The following table sets forth the reconciliation of the numerators and denominators of the basic and diluted earnings per share computations for continuing operations for the years ended June 30:

	2021			2020
Numerator:
Net (loss) income	$	(181,543	)	$	1,163,668
Denominator:
Basic EPS:
Common shares outstanding, beginning of period		2,402,633			2,401,213
Common shares issued to ESOP during the period		300,000			—
Unearned ESOP shares		(300,000	)		(14,166	)
Weighted average common shares issued during the period		—			2,161
Weighted average common shares purchased during the period		—			(1,332	)
Weighted average ESOP shares earned during the period		3,712			5,331
Denominator for basic earnings per common shares –
Weighted average common shares		2,406,345			2,393,207
Diluted EPS:
Common shares outstanding, beginning of period		2,402,633			2,401,213
Common shares issued to ESOP during the period		300,000			—
Unearned ESOP shares		(300,000	)		(14,166	)
Weighted average common shares issued during the period		—			2,161
Weighted average common shares purchased during the period		—			(1,332	)
Weighted average ESOP shares earned during the period		3,712			5,331
Weighted average dilutive effect of stock options		—			3,411
Denominator for diluted earnings per common shares –
Weighted average common shares		2,406,345			2,396,618