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Note 12 - Net Loss per Share
12 Months Ended
Jun. 30, 2014
Earnings Per Share [Abstract]  
Earnings Per Share [Text Block]

(12)

Net Loss per Share 


Basic and diluted loss per share has been computed based on net loss and the weighted-average number of common shares outstanding during the applicable period. For diluted net loss per share, common stock equivalents (shares of common stock issuable upon the exercise of stock options and warrants) are excluded from the calculation of diluted net loss per share as their inclusion would be anti-dilutive. The Company has excluded all options to purchase common stock in periods indicating a loss, as their effect is anti-dilutive.


The following table sets forth the computation of historical basic and diluted net loss per share.


   

Year Ended
June 30,

 
   

2014

   

2013

   

2012

 
                         

Net loss (in millions)

  $ (11.0 )   $ (8.9 )   $ (19.2 )

Weighted average shares outstanding

    31,347,888       28,217,515       181,775,444  

Weighted average shares outstanding adjusted using exchange ratio used to compute basic earnings per share

    -       -       22,713,566  

Shares used to compute diluted earnings per share

    31,347,888       28,217,515       22,713,566  

Basic loss per share

  $ (0.35 )   $ (0.32 )   $ (0.85 )

Diluted loss per share

  $ (0.35 )   $ (0.32 )   $ (0.85 )

Number of antidilutive stock options excluded from computation

    2,725,441       1,828,668       -