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Net (Loss) Income Per Common Share (Tables)
12 Months Ended
Jun. 30, 2022
Earnings Per Share [Abstract]  
Schedule of Earnings (Loss) Per Common Share, Basic and Diluted
The following table presents the computation of basic and diluted loss per common share:
For the Years Ended June 30,
(In thousands, except share and per share amounts)202220212020
Undistributed net loss available to common stockholders$(15,626)$(40,710)$(37,462)
Undistributed net loss available to nonvested restricted stockholders and holders of convertible preferred stock(629)(1,515)(179)
Net loss available to common stockholders—basic$(16,255)$(42,225)$(37,641)
Weighted average common shares outstanding—basic
18,200,080 17,635,402 17,205,849 
Effect of dilutive securities:
Shares issuable under stock options
— — — 
Weighted average common shares outstanding—diluted
18,200,080 17,635,402 17,205,849 
Net loss per common share available to common stockholders—basic$(0.89)$(2.39)$(2.19)
Net loss per common share available to common stockholders—diluted$(0.89)$(2.39)$(2.19)
The following table summarizes anti-dilutive securities excluded from the computation of diluted net loss per common share for the periods indicated:
For the Years Ended June 30,
202220212020
Shares issuable under stock options
452,537 395,069 330,627 
Shares issuable under convertible preferred stock
452,667 437,165 422,193 
Shares issuable under PBRSUs
426,243 376,264 73,012