(Loss) Income per Common and Common Stock Equivalent Share (Tables)

9 Months Ended

Mar. 31, 2024

(Loss) Income per Common and Common Stock Equivalent Share [Abstract]

Reconciliation of Numerator and Denominator Used to Calculate Basic and Diluted (Loss) Income per Share

	Three Months Ended March 31,				Nine Months Ended March 31,
	2024		2023		2024		2023
Numerator
Net (loss) income	$	(313,780)	$	(224,480)	$	(840,542)	$	8,579,052
Denominator
Weighted average shares, basic		9,254,795		9,206,135		9,243,559		9,183,042
Dilutive effect of stock compensation awards (1)		—		—		—		608,585
Diluted shares		9,254,795		9,206,135		9,243,559		9,791,627
Net (loss) income attributable to common shareholders per share:
Basic	$	(0.03)	$	(0.02)	$	(0.09)	$	0.93
Diluted	$	(0.03)	$	(0.02)	$	(0.09)	$	0.88

(1) Excludes 700,911, 729,384, and 999,557 weighted average stock options during the three and nine months ended March 31, 2024 and the three months ended March 31, 2023, respectively, as the impact of such awards was anti-dilutive. For the nine months ended March 31, 2023, no stock options were anti-dilutive.