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NET LOSS PER SHARE
9 Months Ended
Mar. 31, 2013
Net Loss Per Share  
NET LOSS PER SHARE
NOTE 4. NET LOSS PER SHARE
 
The difference in the weighted average shares outstanding used in the calculation of basic and diluted net loss per share for the three and nine months ended March 31, 2013 and 2012 is as follows:
 
             
   
Three Months Ended
March 31,
 
   
2013
   
2012
 
Numerators for basic and diluted per share data:
           
Loss from continuing operations
  $ (765,000 )   $ (547,000 )
Income from discontinued operations
    18,000       60,000  
Net loss
  $ (747,000 )   $ (487,000 )
Denominators for basic and diluted per share data:
               
Basic:
               
Weighted average common shares outstanding
    3,340,684       3,272,350  
Shares used in the computation of basic per share data
    3,340,684       3,272,350  
Diluted:
               
Shares used in the computation of basic per share data
    3,340,684       3,272,350  
Net shares assumed issued using the treasury stock method for outstanding common stock options
           
Shares used in the computation of diluted per share data
    3,340,684       3,272,350  
Basic and diluted per share data:
               
Loss from continuing operations
  $ (0.23 )   $ (0.17 )
Income from discontinued operations
    0.01       0.02  
Net loss
  $ (0.22 )   $ (0.15 )
 

             
   
Nine Months Ended
March 31,
 
   
2013
   
2012
 
Numerators for basic and diluted per share data:
           
Loss from continuing operations
  $ (1,184,000 )   $ (529,000 )
Income from discontinued operations
    72,000       197,000  
Net loss
  $ (1,112,000 )   $ (332,000 )
Denominators for basic and diluted per share data:
               
Basic:
               
Weighted average common shares outstanding
    3,312,946       3,272,350  
Shares used in the computation of basic per share data
    3,312,946       3,272,350  
Diluted:
               
Shares used in the computation of basic per share data
    3,312,946       3,272,350  
Net shares assumed issued using the treasury stock method for outstanding common stock options
           
Shares used in the computation of diluted per share data
    3,312,946       3,272,350  
Basic and diluted per share data:
               
Loss from continuing operations
  $ (0.36 )   $ (0.16 )
Income from discontinued operations
    0.02       0.06  
Net loss
  $ (0.34 )   $ (0.10 )
 
Potentially dilutive securities, consisting of options to purchase shares of our common stock as described in Note 8, are not included in the calculation of diluted loss per share due to their anti-dilutive effect.